Someone asked a surfer what he does when a big surf comes along, and he goes underwater. The surfer said it was simple. “If I panic, I only have 3-5 seconds of air to breathe. If I stay calm, I have 45-60 seconds of air.“
Trading Lesson: If you let your emotions get the better of you, you could lose all of your capital. However, if you take a moment and think about your trades, you can have much better results.
Just …….Think it over
We at ASR Think ,Media getting attention (Reason Politics only )
I have found the bookSuperforecasting: the Art and Science of Prediction by Philip Tetlock to be interesting, provocative and useful. I strongly recommend it.
Philip Tetlock is on the faculty of Wharton in the Management Department, and Dan Gardner is a journalist and author.
The basic story is that Philip Tetlock and his colleagues formed the Good Judgment Project (or “GJP”), and joined a prediction competition sponsored by the Intelligence Advanced Research Project Activity, or IARPA, which is the intelligence community’s version of DARPA. GJP recruited volunteer forecasters, gave them some basic training, and put them into teams. The GJP teams were so successful that eventually the competing groups, including Michigan and MIT, were shut down or merged with Tetlock’s group. As they screened out their most successful participants, Tetlock called them “superforecasters”. (more…)
India’s defence expenditure has been raised to Rs.147,344 crore (Rs.1.47 trillion/$32 billion) for 2010-11, up 8.13 percent from the revised estimates of the previous fiscal, in the budget presented by Finance Minister Pranab Mukherjee in the Lok Sabha.
This is my Multibagger for 2010-2011
Now at Rs.21
Technically Looking Hot.
Traded at BSE-NSE
Your Stoploss for Investment is 16
Trading Stoploss 18
Unexpected Buying will start anymoment.
My Short term target Rs.25.50-26 & there after Rs.32+
Traders can get 15-20% jump (But we are not interested to get this small return )
Dear Readers & Traders ,Just spare 5 minutes & get some hot facts:
While u trade ,dont follow fundamentals ,just concentrate on levels.
*Samtel is a success story in the private sector’s entry into Indian defence manufacturing
*SAMTEL :India’s largest Integrated Manufacturer of a wide range of displays for television, avionics, industrial, medical and professional applications, TV glass components for displays, machinery and engineering services. The group employs 6000 people in nine world-class factories and has an annual turnover of Rs 12 billion (USD 300M).
JOKE :MCAP of Rs.114 Crore only ??
Go on reading :Click here
I will update more to our Subscribers
Updated at 8:47/08th April/Baroda
The following questionnaire asks you to assess your emotional experience during your trading. Specifically, you’ll be rating how often you’ve experienced the following feelings over the past two weeks. Below, I’ll explain how to score the questionnaire; please complete the items before looking at the scoring. My next post will explain how to interpret your results.
Please use the following scale for your responses:
1 = rarely
2 = occasionally
3 = sometimes
4 = often
5 = most of the time
1) I feel happy when I’m trading _____
2) I feel stressed when I’m trading _____
3) I feel alert and energetic when I’m trading _____
4) I feel discouraged when I’m trading _____
5) I feel capable of succeeding at my trading _____
6) I blame myself when my trading doesn’t work out _____
7) I feel satisfied with my trading results _____
8) I feel edgy and frustrated when I’m trading _____
9) I feel in control of what happens in my trading _____
10) I make impulsive decisions when I’m trading _____ (more…)
SECRET 1: Productivity is simple. The art of managing people is knowing when to do push and when to do nothing. If you are in an open boat in a storm, nothing you say or do will make your deckhand bail out the water any faster. Best to sit back, hand on the tiller and enjoy watching the deckhand’s frantic efforts. Very entertaining. The fear of death creates a sharp rise in productivity.
SECRET 2: When the market is on a wild ride, let others do the panicking.
Picture: Moby Dick, Warner Bros.
SECRET 3: Don’t owe anyone anything. You’ll have to return the favour sometime and it will probably be something you don’t want to do. However, having someone owing you is a much better idea. And helping people makes you feel good.
