Rules to follow in Share Market

• Do not start trading as your friend is doing well in share market. Trade only if you love to do so. Willingness is a must in any business. Do not be over-confident, too.

• When the market is positive with you, be patient to maximize your profit.

• When the market is negative with you strictly follow stop loss. Go for some other scrip and you may earn.

• Be honest to yourself, accept the actual situation in the market. When market goes down, do not cheat yourself by assuming that market will be good enough tomorrow.

• Trade with your own money. As broker is giving you credit facility, do not trade for such a volume for which you may not pay or on paying you may be in financial crunch.

• Do not trade as per market rumor. When someone says you "BUY XYZ share which is at Rs. 80 and I bet it will go to 400 in just 3 months, you will remember me." If you buy this share, then you will remember that person, for the loss and not profit, you will make.
• Do not try to be trendsetter. Follow the market.