Business :) Hi everyone! I’m going to share a little bit about things I learned while joined the business and also about a book I’m reading. I joined the business last year in the middle of 2012. I got my start with fundamentals like, understanding income statement balance sheet, supply, and demand and so on. I realized that my ability to analyze business/markets will take a few years more. Since this is my first year and there is so much to learn. Also, I realized that during trading there will always be distractions: like breaking news banners, surprises, and unpredictable chaotic events that are everywhere, but I should never let myself be fazed. My uncle suggested that, whatever the business/trading rules are, I should write them out and follow them with rigid discipline. One of my friends, who is good at dealing and he is from Punjab, suggested that, I dissect people who have been successful in almost any form of trading long term. I’m also reading a book and there I found in a first chapter that I never quit. I should practice, learn and stick with it. It was also written that everyone should realize that, how important learning on their own is and if someone really wants to be a successful trader, self-taught is very important to them. I also learned that I should let my opponent make small mistakes early in the game, while looking a head to take advantage later on. This is like my uncle gave some authorities to his son, and he was sure that his son would make mistakes early dealing with people, but he would at least learn from it and one day he would be able to deal with people on his own. At his first day he was hesitating while dealing with customers and suppliers but gradually he is getting more confident on it. Well that is all about today and I am in progress of reading a trading book. During reading I’ll gradually be sharing whatever I find important and will be writing here with my own writing skills. So see you guys with another notebook entry  Have a nice day!