What is Destiny?

It is often said that, "We people, are doing or achieving things as per our carved Fate or Destiny". But, now the big question is, who carves our destiny? Is it the Almighty or We, ourselves define what to do & what not to?

This has been an ongoing debate for almost like centuries & I’m no one to make a clear cut distinction between them. But I've been trying to convince people around me to believe in their KARMA instead of praying to someone who may or may not exist. There is short story which may pour some light on this topic.

Once, A great Japanese warrior named Nobunaga decided to attack the enemy. Although, he had only one-tenth the number of men the opposition commanded. He knew that he would win, but his soldiers were in doubt.

On the way he stopped at a Shinto shrine and told his men: “After I visit the shrine I will toss a coin. If heads comes, we will win; if tails, we will lose. Destiny holds us in her hand.”

Nobunaga entered the shrine and offered a silent prayer. He came forth and tossed a coin. Heads appeared. His soldiers were so eager to fight that they won their battle easily.

“No one can change the hand of destiny,” his attendant told him after the battle.

“Indeed not,” said Nobunaga, showing a coin which had been doubled, with heads facing either way.

Well, one can still say that, "it was his destiny to have a double-headed coin". But, it was the KARMA of Nobunaga & his soldiers that helped them win the battle.

Development

We often view development as something that happens to us, not something we have complete control over. The way I see it, my development resides 100% with me & it's up to me how much time I dedicate to it.

Our development is always important but it should never be urgent, there has to be a proactive approach towards it.

It all starts with taking Pride in yourself, in your role in the organisation, your team, your group wherever you are & having a passion for what you do every day. Find what motivates you & drives you. Once you do that, then you can inspire those around you - your friends, family, colleagues or even your bosses to drive them to do their best too. The combination of taking ownership & having a positive focus makes People grow & when that happens, it creates even more opportunities to learn & develop.

Development is our responsibility. It will not happen automatically, if we do not dedicate time to it. Exceeding expectations is a great first step toward your development. But the second step of keeping your own expectations low is equally important. It is also important to mention that doing the task in hand well is not always enough. You must be sure that others are aware of what you are doing & what are you up to. All of this requires one thing: Time.

Remember though, you are not alone. To have a structure, robust, challenging development plan we need someone with proper understanding of this philosophy. There are people, who'll talk to you about this stuff, will make you go forward. Take advantage of this social sponsors. Advises are on offer for free, but not the idea. Start connecting with people around who inspire you & whom you inspire. The world is flat & green, take advantage of this to support your development.

10 Important Rules for Traders

1. Follow the Rule of Three.  The rule of three simply states that a trade will not be made unless you can carefully find out at-least three reasons for doing so. This eliminates trading from an indicator alone. 

2. Keep Losses Small.  It is vitally important to keep losses small as all of large losses began as small ones, and large losses can put an end to your trading career. 

3. Adjust Stops. Also called "Trailing Stop-Loss". When a trade is working your way, move your stop loss up or down in order to lock in gains.

4. Keep Commissions Low.  There is a cost to trading but there is no reason to overpay brokerage fees.  A discount brokerage is just as good as a premium brand name one. Costs can eat out your share of hard- earned profit.

5. Amateurs at the Open, Professionals at the Close.  The best time to enter trades is after lunch when the professionals are looking to get in at a better price than one provided in the morning. 

6. Know the General Market Trend. One of the most important things to be kept in mind while making a decision to trade. It is nothing but the market sentiments, as to whether the market is bullish or bearish. When trading individual stocks make sure you trade with the general market trend or condition, not against it.

7. Write Down Every Trade. Noting down of every trade will help you to make a record of your trading history, as what were you thinking at the time of initiation? Doing this will allow you to learn what is working and what is not.  It will also help you determine what types of trades work best for your personality.

8. Never Average Down a Losing Position. Averaging works while investing not in trading. It is a loser’s game when you add to a loser.  You add to winning positions because they are winners and are proving them to be such. In short run, very often the trend reverses.

9. Never Overtrade.  Over trading is a direct result of not following a well thought out plan, but a result of emotion instead.  This will do nothing but cause frustration and a loss of money. Always take positions on the basis of well thought out plan with a target & stop loss.

10. Give 10 Percent Away.  Money works the fastest when it is divided.  When we share we prime the economic pump of the universe. Never ever take a loss in excess of 10% of your capital. This will give you the chance to trade more & recover.