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rssMy favorite things in life don't cost any money. The most precious resource we all have is time. —Steve Jobs
Risk Management -Quotes
Thought For A Day
Market Gravitates or We Spot those LEVELS…. Mystery !!
Here in this very space we have written Y’day and updated today intra-day too: @ 9106 wrote to Sell CNX Bank INDEX on any Rise. It would tumble to 8719 level very shortly. Bang on… just in 48 hrs it collapsed to exactly our level, precisely 8715, a whooping fall of 400 points.
In the same breathe you were forewarned that for NF not crossing 5165-68 would weaken it to 4994 – 4970 levels. Exactly from 5168 of y’day it has nosedived uptill 5017.
These are indices: Non-manipulatable, Non-influential. How did it happen, who did it, can there be any attributes at all !!!! Its our ever dependable charts, Analytical skills and wisdom of Insight. Collectively Technical Analysis. Just Pure Intelligence.
Yesterday I written about Bank stocks…Just click here
Read Yesterday’s Guesstimates
Many Traders had asked about MTNL…..and they say I don’t about failure calls.First of all about MTNL….Technically was /still looking hot …But I had written many times never act blindly in market and always consider price as Father of stock/Commodity.
-Now click here and see…the reason ..Why MTNL had crashed in yesterday’s trade.
Now about Failure calls.If I recommend any stock or do analysis then I always write Support/Resistance levels. (more…)
Happening in India :Trickle Down Economics
Alexander Elder -Trading Quotes
Gandhi & Trading
Gandhi’s Fundamentals for Changing the World & Day Trading
Just Completed reading this book last night and I think I had read more then 5 times since my college days.
Just Two Thought from GANDHI ……For Life & For Day Trading !!
You are in control.
“Nobody can hurt me without my permission.”
What you feel and how you react to something is always up to you. There may be a “normal” or a common way to react to different things. But that’s mostly just all it is.
You can choose your own thoughts, reactions and emotions to pretty much everything. You don’t have to freak out, overreact of even react in a negative way. Perhaps not every time or instantly. Sometimes a knee-jerk reaction just goes off. Or an old thought habit kicks in.
And as you realize that no-one outside of yourself can actually control how you feel you can start to incorporate this thinking into your daily life and develop it as a thought habit. A habit that you can grow stronger and stronger over time. Doing this makes life a whole lot easier and more pleasurable.
Without action you aren’t going anywhere.
“An ounce of practice is worth more than tons of preaching.”
Without taking action very little will be done. However, taking action can be hard and difficult. There can be much inner resistance.
And so you may resort to preaching, as Gandhi says. Or reading and studying endlessly. And feeling like you are moving forward. But getting little or no practical results in real life.
So, to really get where you want to go and to really understand yourself and your world you need to practice. Books can mostly just bring you knowledge. You have to take action and translate that knowledge into results and understanding.
Technically Your’s
Anirudh Sethi ,Baroda/India