FROM AN EXPERIENCE
Much like patience, the successful trader exhibits a simple, unexcitable mood in the face of a market that is in a constant state of flux. There is no way you can have emotionless trading. It is impossible unless you turn into a robot. What is possible is to bring your emotions under control. While others panic, cry, throw temper tantrums (and their computer monitors), doubt their trading edge, etc. you remain calm in the knowledge of your simple rules based methodology. You know when to enter battle, you know how long you can stay in battle, how many resources you can commit to battle ($), and when to exit the battlefield.
When the trader combines all of these he or she possesses coup d’oeil and with a clear mind be able to assess the battlefield and form an overall vision, possess a high tolerance for uncertainty knowing anything can happen once battle begins, and then have the ability to reverse course or exit the battlefield if conditions change.
An inner dialogue typically reinforces the way you think.
So the goal is to consciously expose yourself to thoughts
that ultimately will positively impact your trading.
Through the use of repetition you can considerably
strengthen a positive attitude and sound trading behavior.
The beauty of it is the simplicity of the method.
It’s entirely up to you which trading mantras you want
to adhere to. Here are a few that I strongly believe in and
that characterize my thinking as a trader:
- Kill your greed
- Isolate yourself from the opinions of others
- Never chase stocks
- Always strive for emotional detachment
- Focus on proper execution
- There is never a shortage of opportunities
- Never make excuses
- Stay in control
- Don’t compare yourself to others
- Always use stop losses
- Standing aside is a position
- Money comes in bunches
- Never add to a losing position
- Stay calm and focused
- Don’t believe the hype
- Cultivate independent thinking
- Be ready for worst case scenarios
- Nosce te ipsum - Know thyself
"I never hesitate to tell a man that I am bullish or bearish. But I do not tell people to buy or sell any particular stock. In a bear market all stocks go down and in a bull market they go up. I don’t mean of course that in a bear market caused by a war, ammunition shares do not go up. I speak in a general sense. But the average man doesn’t wish to be told that it is a bull or a bear market. What he desires is to be told specifically which particular stock to buy or sell. He wants to get something for nothing. He does not wish to work. He doesn’t even wish to have to think. It is too much bother to have to count the money that he picks up from the ground." —- REMINISCENCES OF A STOCK OPERATOR by Edwin LeFevre
(to be contd)
TODAY’S TRADING STRATEGY
OF NIFTY FUTURES – MARCH 28
If trades below 5678 for 15 minutes
watch a sure slide upto
5647-41
As a down side target maximum slide
is possible upto 5632-19-5605
if 5627 breaks
with good volume today
On the other hand if sustains above
5679 for 15 minutes
a sure hike upto 5713-20-37
is very much possible
LONG TERM VIEW: BULLISH BULLISH BULLISH
THIS IS AN APPROPRIATE TIME FOR
THE LONG TERM INVESTORS
TO INVEST IN MARKET
TO INVEST IN MARKET
AN OPEN CHALLENGE
We Predict the downside of NIFTY last year at the end
of August exactly as you all know very very early
Pls Refresh your thoughts or browse older posts..
NOW MARK IT GUYS....
of August exactly as you all know very very early
Pls Refresh your thoughts or browse older posts..
NOW MARK IT GUYS....
"INDEX NIFTY SURELY GOING TO
CREATE A NEW RECORD
CREATE A NEW RECORD
BREAKING 6357 (All Time High)
WITHIN 2011 PROBABLY."
WITHIN 2011 PROBABLY."
WE ASSURE
NOBODY IN INDIA
PREDICT SO EARLY AS WE PREDICT
NOBODY IN INDIA
PREDICT SO EARLY AS WE PREDICT
BANK NIFTY
Buy btwn 11495-509
T1 – 11556-81
T2 – 11596-605
T3 – 11636
Sell btwn 11365-51
T1 – 11303-279
T2 – 11264-54
T3 – 11225
SHARE TIPS TODAY (MARCH 28)
1) Sell GAIL @ 457.90
Target – 453.90
Disclosure:
1. Stoploss levels, reverse trades are
exclusively to the subscribers.
2. Solely I have all the rights to stop this free tips
at any moment.
Subscribe as soon as possible and earn more.
Join hands with us and enjoy pals.
(Refer to ‘OUR POLICIES’ in blog archives
if you have any queries)
For further details,
Contact Admin (Analyst) @
(0)9788563656
INDO-PAK SEMI FINAL: AD Rates 15L – 18L per 10 sec
With India set to battle arch rivals Pakistan in the cricket
World Cup semi-finals, official broadcaster ESPN STAR
Sports (ESS) is understood to have increased
advertising rates five-fold for the match
World Cup semi-finals, official broadcaster ESPN STAR
Sports (ESS) is understood to have increased
advertising rates five-fold for the match
to be played the coming Wednesday.
Ticket prices have shot up
Ticket prices have shot up
10-fold in the grey market and hotels are full,
with a surge in demand at the venue, Mohali,
close to Chandigarh.
with a surge in demand at the venue, Mohali,
close to Chandigarh.
According to media buyers, ESS is charging between
Rs 15 lakhto Rs 18 lakh for a 10-second ad slot during
the match, five to six times higher than what the official
broadcaster charged
Rs 15 lakhto Rs 18 lakh for a 10-second ad slot during
the match, five to six times higher than what the official
broadcaster charged
last-minute advertisers during the league
and quarter-final matches.
and quarter-final matches.
A senior executive at a media buying firm said, “The ad rates
being quoted for the India-Pakistan match are the highest charged
so far for any sporting event in the country. The rates are over
25 per cent higher than that charged for the India-Australia
match played yesterday.” The broadcaster had nearly quadrupled
the spot ad rates for the crucial India–Australia match yesterday.
A 10-second ad spot on the channel was sold at Rs 12 lakh.
Advertisers paid Rs 3.5-4 lakh for a 10-second spot to ESS for
telecasting their commercials during the league and quarterfinal
World Cup matches.
“The India-Pakistan match is the biggest marketing opportunity
in the World Cup and no advertiser is willing to let go. It may
turn out to be the biggest ad revenue grosser for the
broadcaster,” a senior executive of a media buying agency
told Business Standard, requesting anonymity, as he was
involved in buying ad spots for some clients.
The broadcaster is estimated to have earned a little over
Rs 1,000 crore in advertising revenues during the ongoing
World Cup from around 80 advertisers. It paid $1.1 billion
(Rs 5,000 crore) for the rights of all tournaments
organised by the International Cricket Council between
2007 and 2015.
With cricket fans across the country rushing to witness
the battle on March 30, hotel rates at Mohali have almost
doubled. A budget hotel normally charging Rs 2,000 to
Rs 3,000 is giving rooms for Rs 4,000 to Rs 6,000.
“We are all booked for March 30 and there are very few
rooms available for March 29 and April 1,” said Munish
Aggarwal, managing director, Best Western Maryland at
Zirakpur. The hotel is about six km away from Mohali.
In the meantime, ticket prices have shot up 10 times.
A ‘chair block’ ticket at the stadium which was officially sold
for Rs 500 was being traded for Rs 5,500-6,000 today in
the grey market. The stadium at Mohali has a seating
capacity of 27,500. Around 14,000 tickets were sold over the
counter on March 21-22, and the rest were booked by the I
nternational Cricket Council, the Board of Control for Cricket
in India and corporate bodies. Sources estimate over half the
tickets sold over the counter are being traded in the grey market.
INCONTROVERTIBLE LAWS
OF INVESTING
INCONTROVERTIBLE LAWS
OF INVESTING
Be Patient And Wait For your Trade.
Many investors suffer from “action bias” or a desire to do something. However, when there is nothing to do the best thing to do is nothing.
Be Contrarian.
The herd is usually wrong. The punch bowl of speculation is usually spiked with denial. Be careful getting in when the getting is at the end.
Risk Is Permanent Loss of Capital, Never A Number.
Pay attention to valuation, fundamental, and financial risks and thus avoid permanent impairment of your capital.
Be Leery of Leverage.
Leverage is a dangerous beast. It can’t turn a bad investment good, but it can turn a good investment bad. Whenever you see a financial product with leverage as its foundation you should be skeptical, not delighted.
Never Invest In Something You Don’t Understand.
If something sounds too good to be true it probably is. If you do not understand where your money is going then don’t press the pedal ’cause the vehicle may be in reverse.
Invest when the law is on your side; otherwise you may find yourself on the other side of the barbed wire fence at BROKE prison.
TSUNAMI – THE CLOSEST VIDEO FROM A HARBOR
WATCH A HUGE THREAT FOR THE FILMING MAN
AFTER 8 minutes in the clipping
MESSAGE TODAY
One thorn of experience is worth a whole
wilderness of warning.
- JAMES RUSSELL LOWELL
RELAX CORNER
JUST SMS TO YOUR PAL
The quickest way to double your money is to fold
it in half and put it back in your pocket.
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