Top Ten (10) Principles by Mr.Rakesh Jhunjhunwala:

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Respect the Market

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1

Market is Supreme. Respect the Market. Have an open mind.  Be responsible.

Trade Against the Trend

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2

If you do what everyone is doing, you can't expect more than what others get.

Be Responsible

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3

Investing is a Serious Business. Know what to stake. Know when to take a loss. Invest & Trade Responsibly. 

Never try to Time

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4

No one can be certain of what the market does. Instead of timing the market, try to ride along.

Be an Optimist!

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5

You cannot be an Investor or a successful trader if you are not an optimist. 

Expect to Take Loss 

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6

Be prepared to take loss from time to time. Taking loss is part of the game.

Do Your Research

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7

Do not take any trading & investing decisions without proper research.

Follow your rules

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8

Set up a rule based system. Never break your rules no matter what! 

Be Emotionless

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9

Your Emotions have no place in your trading and investing space. Be Emotionally Mature!

Take bold decisions

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10

At times, Market offers you with extraordinary opportunities. You must be bold enough to take the chance.