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Trading Rules: 18 trading rules by Martin Pring to beat market & fetch big returns

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Famous author Martin Pring says there is no easy route to get rich in the financial market as the task of ‘beating ourselves’ which means mastering emotions, thinking independently as well as not being swayed by those around us is extremely difficult.

According to Pring, success based on an emotional response to market conditions is a result of chance, and it does not help investors attain consistent results as objectivity is not easy to achieve because all investors are subject to fear, greed, pride of opinion, and other excitable states that prevent rational judgement.

“We can read books on various approaches to the market until our eyes are red and we can attend seminars given by experts, gurus, or anyone else who might promise us instant gratification, but all the market knowledge in the world will be useless without the ability to put this knowledge into action by mastering our emotions. We spend too much time trying to beat the market and too…

Click here for full article…economictimes.indiatimes.com