2. Jhunjhunwala Rakesh golden rules which are applicable for both day traders and long term investors are listed below:
(a) Whenever in doubt one should listen to his heart.
(b) One should have an independent opinion about a stock.
(c) One should avoid Panic selling during a sharp fall as it is one of the worst thing for a trader or a long term investor.
3. Rakesh Jhunjhunwala further states that one should not try to fight the market as he is of the opinion that market is always right. He further states that markets cannot be taught and one has to learn from it.