FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» Many positives for Next week
by madukp Today at 3:22 am

» EXPO EXPO EXPO
by Gowri123 Today at 12:35 am

» GLAS will be winner with Super Gain.
by Eranga87 Yesterday at 9:50 pm

» still I believe this
by 100Bill Yesterday at 9:21 pm

» Kind of behavior traders engage in when they are frustrated and want their money back from the market. Stock market for beginners
by Asoka Samarakone Yesterday at 9:13 pm

» SUNSHINE HOLDINGS PLC (SUN.N0000)
by ErangaDS Yesterday at 8:19 pm

» Investor sentiment - will there ever be a recovery?
by xhunter Yesterday at 7:49 pm

» Let's have a stop-loss strategy to maximize investment returns in stock market
by EquityChamp Yesterday at 7:19 pm

» Daily Foreign Transactions
by Pradeep90 Yesterday at 6:56 pm

» Norway -> biggest shareholder of NDB
by Bakkabwoi Yesterday at 6:42 pm

» DIPD/HAYC/HAYL
by samaritan Yesterday at 5:41 pm

» කොටස් මිල දී ගන්න මෙය හොඳම කාලයයි – රාජ්‍ය අමාත්‍ය කබ්රාල්
by samaritan Yesterday at 5:07 pm

» IS it right time to stick to warren buffett's most famous saying ???
by Mr. X Yesterday at 4:02 pm

» CSE - The World's best performer!
by Vishwanarth Yesterday at 2:42 pm

» Best Broker
by Wickyz Yesterday at 2:32 pm

» Game Changed! SUPER GREEN
by Karthick Yesterday at 12:24 pm

» Blue Diamond
by thavam_Eu Yesterday at 12:07 pm

» GALORE OF GOOD NEWS TO THE CSE
by Bakkabwoi Yesterday at 11:58 am

» TRUE VALUE OF LANKA ALUMINUM INDUSTRY (LALU)
by Trading Jockey Yesterday at 10:26 am

» EBCR group of companies
by Wolf86 Thu Mar 04, 2021 10:30 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Trading Psychology For Investing in Stocks

Trading Psychology For Investing in Stocks

Go down  Message [Page 1 of 1]

sriranga

sriranga
Co-Admin
How the same system means different to different people? Why results are not the same under similar market conditions? The difference is in the trading psychology of the investors. What you invest is no doubt important; but how you invest, what you invest is more important. The psychological preparations, as you enter the market, for another round of investment related activities needs to be flawless, and your mental condition stress-free! Decisions taken under stress and duress are not expected to give profitable results. Mental toughness of the highest order is required during the fast-paced activities of the business hours of the exchange, and on occasions even thereafter!

According to some investors who are new, to trade in the share market means to grab profits always. If luck favors, and if you are through with a couple of profitable trades, you feel that you have mastered the subject of investment. You continue to hope for such dramatic happenings, being unaware of the real nature of the market. A stunning loss and all your hopes are dashed to the ground and the entire profits over the days are wiped out.

Mental challenges are as important as the economic challenges of the trade. Picking up the right trades at the right time, involves lots of calculations and projections. For example, a day trader has to take split-second decisions to buy or sell.

You are your own friend, and you are your own enemy in the share market. No athlete can maintain one's peak physical fitness condition without regular practice. Similarly, unless you watch and study the developments taking place in the market with regularity, you cannot turn out to be a good investor. Your mood and mood of the market have to function in tandem.

Not knowing, rather not following the trading discipline, and investing with overconfidence that something dramatic is bound to happen in your favor, is a bias that you must overcome. Some investors feel that they know everything about the investing art, with a few successes to their credit. Profit does not mean that you know everything; loss does no mean that you know nothing.

Emotions have never been a friend of an investor. Handle them well as they are likely to mislead you in the market, at the most unexpected time, when you are readying to book the profits for the day. One last tempting trade and you stand nowhere. You ignored your business discipline when you tried that trade and succumbed to your emotional decision!

Do not program yourself to lose; you can win. To be a consistent effective trader, respect the rules of trading psychology. Balance your life properly and go to sleep well in time. You need a fresh mind next morning, as you prepare for another day of hectic trading activity. Hectic-it is okay! But let it not be unduly pressurizing! You have a long way to go in the share market. Never develop a feeling that one day you are going to control the market. Nobody has ever controlled it in the past; nobody will, in the future. Only you can understand the present and estimate the future giving due credit to the share market investment discipline!

Never try to define the volatility of the market. It can be the other name for the inefficiency of the market; it can be inefficiency of the investors. It can be the reaction to incomplete information. It can be due to guesswork of some enterprising investors. Volatility has never produced lasting results. It has mostly confused the investors.

In any situation, never forsake trading discipline. That needs to be the permanent companion of your trading psychology. In other areas, you can make adjustments depending upon the prevailing conditions in the market. If you make a principled approach to cut your losses, know that you are a perfect psychologist to tame and win over the market.
By Micheal James http://EzineArticles.com

http://sharemarket-srilanka.blogspot.co.uk/

sas

sas
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
There is a nice video, shared by SanjivFund, below is the link if anyone missed it Smile
http://forum.srilankaequity.com/t7843-great-video-for-all-those-traderswatch-it

Kumar

Kumar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@sas wrote:There is a nice video, shared by SanjivFund, below is the link if anyone missed it Smile
http://forum.srilankaequity.com/t7843-great-video-for-all-those-traderswatch-it

Good one. Thanks for sharing.

kaka


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
ane goodone sri

sriranga

sriranga
Co-Admin
@sas wrote:There is a nice video, shared by SanjivFund, below is the link if anyone missed it Smile
http://forum.srilankaequity.com/t7843-great-video-for-all-those-traderswatch-it

Really worth to watch.
Thanks a lot for the link.

http://sharemarket-srilanka.blogspot.co.uk/

Sponsored content


Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum