MOTLEY MONDAY

FROM AN EXPERIENCE

Don’t trade just to trade. Understand that there are 3 positions you can take as a trader: a long position, a short position and a position to NOT be in a position. There will be plenty of trading opportunities that will come along.Don’t give money to the markets simply because you are bored!

Avoid trading a strategy without having a good understanding of how the strategy works. What is the typical winning percentage? What is the largest drawdown?
In general, high winning percentage strategies have smaller average profits per trade. Lower winning percentage strategies might not have as many winners, but when you are a winner, you typically win big. If you expect your strategy to bring big profits without losses, you can also expect a check made out to “REALITY” to come your way any day.

Trade In Positive States – tiredness, anger, frustration, stress are all states that are limiting to you trading to your full potential.
High negative states impact on your ability to think rationally, to make objective decisions and to apply your strategy as blood flow to the ‘smart brain’ is reduced during these ‘negative’ emotional responses and your ‘emotional’ brain starts to run the show! Aim to trade when you are at your
best, or close too! Think about a 1-10 scale where 10 is your Ideal Trading State and 1 is ‘get me away from a trading screen now!’ – notice the levels at which you feel confident to trade at and also those scores which are a definite no trade zone.

Reward good trading and not P&L. Many traders feel good when they make money, and this feeling is often greater than the feeling of executing well but losing money. The focus here is on the monetary reward and not on the execution. This may sound OK to you right?
If our goal is to condition flawless execution then we need to reward flawless execution. It is possible to make money through poor execution, through random gambles in the market – should these be rewarded?
We need to associate ‘pain’ to poor trading behaviors and ‘pleasure’ to positive trading behaviors regardless of financial outcome. This is a challenging concept for many people and requires a change of thinking and mindset – however consider this… the difference between the best traders and the rest is that the best traders think differently!
(Mark Douglas, Disciplined Trader).

(to be contd)

TODAY’S TRADING STRATEGY

OF NIFTY FUTURES – NOV 1

PROVED ONCE AGAIN

As predicted in pre-market hours and kept as a title

did the week end surprised you or not?

Now show me any websites to predict the support

mentioned here @ 5966 on Friday
(SCROLL BELOW AND BELIEVE YOUR
EYES PLS)

NOW CAREFULLY MARK MY WORDS...
Day resistance btwn 6088-6100

If trades above 6054 and cuts 6062

Nifty Futures goes upto 6081-88-99

If 6099 crossed with volumes more hike upto

6113-25-37 is seen on charts

Below 6054

Possible targets are 6017-6006

And 5988-81

GENERAL VIEW

DAY CHARTS REVEALS THAT

Below 5992 Nifty Futures would reach 5966

Again a good support @ 5966 is seen on charts.

If breached 5966 more slide upto

5943-5897-75-61 is seen

& if breaches these levels too more fall upto

5852-24

HENCE MAXIMUM FALL UPTO

5737 is possible,

if all the above said levels are broken.

BANK NIFTY

Buy btwn 12428-50

T1 – 12485-503

T2 – 12514-21-43

Sell btwn 12356-34

T1 – 12299-81

T2 – 12269-63-41

SHARE TIPS TODAY - NOV 1

1) Sell TATASTEEL @ 587.75

T1 – 582.75

T2 – 577.75

2) Sell ABB @ 821

T1 – 813

T2 – 805

3) Sell FinanTech @ 981

T1 – 972

T2 - 962

4) Sell TechM @ 728

T – 722.5

5) Sell BEL @ 1630

T1 – 1621

T2 – 1611

AN ASTRAL VIEW

Market Prediction for 1st November, 2010

• Consider 10 minutes plus and minus in each prediction and act accordingly.
• Ganesha (astrologer) advises you to compare the next prediction with the prediction of the previous time slot.
• Be cautious on 1st November, 2010; after that, the entire month of November is likely to yield benefits.
• He had asked you to be cautious during the end of October, which you must have taken note of.
• After the pre-opening time, the market may remain on the soft side till 9:40.
• From 9:40 to 10:45, market may show an upward trend.
• From 10:45 to 14:10, Nifty may show strength along with fluctuations.
• From 14:10 till the closing bell, market may be on the softer side.

(Please refer to ‘OUR POLICIES’ before you leave the site)

For further details,

Contact Admin (Analyst) @

(0)9788563656

THINK ABOUT IT

Winners are those with the best ideas. Small ideas are worth a small sum, and big ideas are priceless. Ideas that make money cost money and the most valuable rewards go to ideas with the most value. The age of the big thinker is now. It is an era where profits go to the prophets:

• Big thinkers are on fire.
• Big thinkers never lose in their imaginations.
• Big thinkers bet the farm.
• Big thinkers marinate in thought.
• Big thinkers think better together.
• Big thinkers don’t take no for an answer.
• Big thinkers turn reality into fantasy.
• Big thinkers live their lives with purpose.
• Big thinkers think with their hearts.

There is a strong psychological bias to be right about we do with our investment. In most people, this bias greatly overrides the desire to make a profit overall in our approach, or it inhibits us from reaching our true profit potential. Most people have overwhelming needs to control the market. As a result, they end up with the market controlling them.

A BETTING GAME

“There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet, no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.”

TRADING QUOTES

RELAX CORNER

என்ன ஒரு புத்திசாலித்தனம்.... ?


A woman was shopping at her local supermarket where she selected: 2 litres of low fat milk, a carton of eggs, 2 litres of orange juice, a head of lettuce, half a dozen tomatoes, a 500g jar of coffee and a 250g pack of bacon.
As she was unloading her items on the conveyor belt to check out, a drunk standing behind her watched as she placed the items in front of the cashier. While the cashier was ringing up her purchases, the drunk calmly stated, ‘You must be single.’
The woman was a bit startled by this proclamation, but she was intrigued by the derelict’s intuition, since she was indeed single. She looked at her six items on the belt and saw nothing particularly unusual about her selections that could have tipped off the drunk to her marital status.
Curiosity getting the better of her, she said, ‘Well, you know what, you’re absolutely correct. But how on earth did you know that?’
The drunk replied, ‘Cos you’re ugly.’

A friend of mine once asked

"Why don’t you get married Mahindeesh?"

Simply I mailed him the following quotes.

Now he Google a good ashram

(ஏதோ நம்மால முடிஞ்சது...)

*When a man steals your wife, there is no better revenge than to let him keep her.
-David Bissonette

*After marriage, husband and wife become two sides of a coin; they just can’t face each other, but still they stay together.
-Sacha Guitry

*By all means marry. If you get a good wife, you’ll be happy. If you get a bad one, you’ll become a philosopher.
-Socrates

*Woman inspires us to great things, and prevents us from achieving them.
-Anonymous

*The great question… which I have not been able to answer… is, “What does a woman want?”
-Dumas

*I had some words with my wife, and she had some paragraphs with me.
-Sigmund Freud

*‘Some people ask the secret of our long marriage. We take time to go to a restaurant two times a week. A little candlelight, dinner, soft music and dancing. She goes Tuesdays, I go Fridays.’
-Anonymous

*‘There’s a way of transferring funds that is even faster than electronic banking. It’s called marriage.’
-Sam Kinison

*‘I’ve had bad luck with both my wives.
The first one left me, and the second one didn’t.’
-James Holt McGavra

*Two secrets to keep your marriage brimming
1. Whenever you’re wrong, admit it,
2. Whenever you’re right, shut up.
-Patrick Murra

*The most effective way to remember your wife’s birthday is to forget it once….
-Nash

*You know what I did before I married?
Anything I wanted to.
-Anonymous

*My wife and I were happy for twenty years.
Then we met.
-Henny Youngman

*A good wife always forgives her husband when she’s wrong.
-Rodney Dangerfield

*A man inserted an ‘ad’ in the classifieds: ‘Wife wanted’.. Next day he received a hundred letters.
They all said the same thing: ‘You can have mine.’
-Anonymous

*First Guy (proudly): ‘My wife’s an angel!’
Second Guy: ‘You’re lucky, mine’s still alive.’

-Anonymous

JUST SMS TO YOUR PAL

What do you have in common with your husband ?
" We married on the same day."

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