You have not entered the Stock Market to run a non-profit organization. Every minute of your thinking process as for the share related issues is profit-oriented. The behavior of the share prices is volatile. Anything can happen anytime. Since the shares picked up by you are for the sake of gains only, try to know the limitations of the upward mobility of each share. When the going is good, do not expect that favorable fortunes will prevail for ever. Follow certain rules and avoid emotional attachment to any share. Be businesslike and sign the transfer deed when you think that you have gained enough from the share. Evolve a time-related price index for each share and be guided by it. When you reach that level, sell the share and quietly walk home with your profit.

Follow some time-tested ides for earnings through buying and selling shares.

Honor time. Honor limits fixed by you. Cut your cloth according to the needs. You know your financial capacity and if you stretch beyond it, you invite trouble. The loss mood will affect your future decisions and the shocks will tell upon the power of your discrimination. Give up adventurism, the all-conquering attitude and take to the modest gains graciously.

Some investors think, ?No matter what happens; I will preserve this share for ever.? This

poetic ideal does not stand the test of business approach. When the indications are that a particular share must sell, follow that instinct and complete the transaction, without further delay.

The profit-level for a particular share may not prevail for long. It may fall. Even if you delay the decision by hours, the resultant loss could be in thousands of dollars if you are a medium class investor. Instead of regretting in future, enjoy the present and carry the lump sum profit with the joyous gait.

Never relax, continue to ask questions and find out the solutions. If you buy a share you need to know why you buy that particular one; why you give it the preference over others. What is the financial standing of the company? Is it making continuous profits? Are the management goals well-defined? Are the directors of the company professional businessmen or do they have the street-fighter's image? Are they manipulators and try to influence the happenings in the exchange deliberately? What are the global trends as for the products of the company? The more questions you have, the chances of your final answer getting right are bright.

When you get the trading experience, the next step is to evolve a trading discipline. Be clear about the entry and exit- the buying level and the selling level that you have decided for a particular share.

Develop your own style of reading the market conditions and be guided accordingly. You need not do the trading everyday. A particular period may not be favorable for the stocks held by you. Cease trading and watch from the gallery and bid a favorable time for your re-entry. These enforced intervals do a lot of good and that is the period to recoup your original trading acumen.

You need to develop a habit to do the daily recollection of events at the exchange, whether you have traded or not. Note down the important observations that have all-time value and which could be the future syllabus of your trading Pull out of a particular share, if you are inclined to do so. Even the fighting forces pullout from a particular position for tactical reasons.

No permanent rules can be framed for booking profits in Stock Market. Only permanent efforts can be made through permanent learning process.