From Morning 11 AM till 3 PM
(Will have Lunch together and will chat )
Trading levels -Intraday levels (How to find ? )
Trading Secret Formula’s
Trading Psychology -Tricks (Screen Reading )
Question & Answer session.
Seats TOTAL : 150
To know More Details Send mail to :Iamanirudhsethi@gmail.com
PLACE :Baroda (Gujarat )
Technically Yours / 24 x7 x 365 days
Place :Baroda -Gujarat
Date :20th July 2019
Time : 10:30 am TILL 3 /4 pm
Lunch & Tea +++Many more surprises
Number of Seats : 250 (First come First basis )
Enroll before 10th June
Technical Analysis + Trading Psychology + Q &A Session and one surprise for all Traders who will attend.
U will get some secret formula’s and unknown facts about Indicators and many more things.
To know more :Join send mail
Iamanirudhsethi@gmail.com
Technically Yours 24 x 7 x 365 days !!
1. The most important single factor in shaping security markets is public psychology.
2. To make money in the stock market you either have to be ahead of the crowd or very sure they are going in the same direction for some time to come.
3. Accepting losses is the most important single investment device to insure safety of capital.
4. The difference between the investor who year in and year out procures for himself a final net profit, and the one who is usually in the red, is not entirely a question of superior selection of stocks or superior timing. Rather, it is also a case of knowing how to capitalize successes and curtail failures.
5. One useful fact to remember is that the most important indications are made in the early stages of a broad market move. Nine times out of ten the leaders of an advance are the stocks that make new highs ahead of the averages.
6. There is a saying, “A picture is worth a thousand words.” One might paraphrase this by saying a profit is worth more than endless alibis or explanations…prices and trends are really the best and simplest “indicators” you can find.
7. Profits can be made safely only when the opportunity is available and not just because they happen to be desired or needed.
8. Willingness and ability to hold funds uninvested while awaiting real opportunities is a key to success in the battle for investment survival.-
9. In addition to many other contributing factors of inflation or deflation, a very great factor is the psychological. The fact that people think prices are going to advance or decline very much contributes to their movement, and the very momentum of the trend itself tends to perpetuate itself.
10. Most people, especially investors, try to get a certain percentage return, and actually secure a minus yield when properly calculated over the years. Speculators risk less and have a better chance of getting something, in my opinion.
11. I feel all relevant factors, important and otherwise, are registered in the market’s behavior, and, in addition, the action of the market itself can be expected under most circumstances to stimulate buying or selling in a manner consistent enough to allow reasonably accurate forecasting of news in advance of its actual occurrence. The market is better at predicting the news than the news is at predicting the market
12. You don’t need analysts in a bull market, and you don’t want them in a bear market.
Reuters on Deutsche Bank turnaround strategy
BRB with a link for more
In the forex, the USD is the strongest of the majors with solid gains vs the EUR, AUD and NZD, the NZD is the weakest:
Moody’s and Goldman Sachs have both warned that Boris Johnson’s victory in the race to become the UK’s next prime minister has increased the likelihood of an economically damaging no-deal Brexit.
The rating agency, which earlier this month warned no-deal would likely lead to a recession, said the risk of a credit-negative crash out of the EU has risen.
“Any Brexit compromise now seems less likely,” Moody’s said in a report released soon after Mr Johnson was named as the UK’s next prime minister at an event in central London, securing nearly two-thirds of votes from Conservative party members.
“Our view remains that a no-deal Brexit would have significant negative credit effects for the UK sovereign and related issuers,” the ratings group said.
US bank Goldman Sachs raised its forecasts of a no-deal Brexit from 15 per cent to 20 per cent following Mr Johnson’s election. “With Boris Johnson at the helm, the tail risks are likely to intensify ─ well into October,” said the bank’s economists.
Goldman sees the odds of a negotiatied Brexit deal at 45 per cent and no Brexit at all at 35 per cent. Continue reading »
China’s BAIC has bought a 5 per cent stake in Daimler for about €2.5bn in a move analysts said was aimed at cementing the carmaker’s partnership with the German luxury automotive group and preventing rival Geely from undermining the alliance.
BAIC chairman Xu Heyi said in a statement that the investment was intended to strengthen the company’s ties with Daimler, which has held a stake in the Chinese carmaker’s Hong Kong-listed arm, BAIC Motor, since 2013.
Chinese carmaker Geely, which owns Volvo Cars and Lotus, acquired a 9.69 per cent stake in Mercedes-Benz-manufacturer Daimler for $9bn in early 2018 in a sign of the group’s global ambitions.
“BAIC sees Geely as a threat. The joint venture between Daimler and BAIC is the core of the group’s business,” said John Zeng, managing director of research group LMC Automotive Shanghai.
China’s passenger vehicles market, the largest in the world by sales of new vehicles, shrank last year for the first time since the 1990s because of a reduction in buyer subsidies and weak consumer confidence.
Sales have continued to decline in the first half of 2019. But luxury foreign brands have been less affected by the downturn than cheaper marques, making Chinese manufacturers increasingly dependent on foreign joint ventures for profits.
Mercedes-Benz sold more than 650,000 cars in China last year and just under 350,000 in the first half of 2019.
Although BAIC manufactured Daimler’s combustion engines in China, Geely’s involvement with the German carmaker represented a long-term threat, Mr Zeng said.
Geely and Daimler formed a smart car joint venture in March, which will build electric Smart cars in China to be sold globally. Continue reading »
