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Power of Charts

thumbs_upThe critical ingredient is a maverick mind. Focus on trading vehicles, strategies and time horizons that suit your personality. In a nutshell, it all comes down to: Do your own thing (independence); and do the right thing (discipline).

Just 6 Days back written to Buy :Nagarjuna Const ,Hind Construction.

-From 142-155 stock number one had spurted and our Darling stock spurted from 112-130.

Last week Boldly written :Worst is over for Shipping Stocks.

G.E Shipping ,Mercator Lines :Yes both stock were on Fire and still looking hot and fiery.

Always Remember :Repeatedly reevaluate your open positions. Keep asking yourself: would I put my money into this if it were presented to me for the first time today? Is this trade progressing toward the ending position I envisioned?

Updated at 9:38/22nd Sept/Baroda

Phil Jackson’s 11 Mindful Leadership Principles

1. Lead From the Inside Out. Avoid fads. Lead from who you are. “As time went by, I discovered that the more I spoke from the heart, the more players could hear me and benefit from what I gleaned.” 
2. Bench the Ego. “The more I tried to exert power directly, the less powerful I became. I learned to dial back my ego and distribute power as widely as possible without surrendering final authority. Paradoxically, this approach strengthened my effectiveness because it freed me to focus on my job as keeper of the team’s vision. 
“Some coaches insist on having the last word, but I always tried to foster an environment in which everyone played a leadership role, from the most unschooled rookie to the veteran superstar. If your primary objective is to bring the team into a state of harmony and oneness, it doesn’t make sense for you to rigidly impose your authority.” 
3. Let Each Player Discover His Own Destiny. Jackson’s goal wasn’t to provide all of the answers. “I’ve always been interested in getting players to think for themselves so that they can make difficult decisions in the heat of battle.” 
“My approach was always to relate to each player as a whole person, not just a cog in the basketball machine. That meant pushing him to discover what distinct qualities he could bring to the game beyond taking shots and making passes. How much courage did he have? Or resilience? What about character under fire? Many players I’ve coached didn’t look special on paper, but in the process of creating a role for themselves they grew into formidable champions.” 
4. The Road to Freedom is a Beautiful System. Similar to the principles used to foster greater creativity and innovation in an organization, Jackson used a system known as the triangle offense. “What attracted me to the triangle was the way it empowers the players, offering each one a vital role to play as well as a high level of creativity within a clear, well-defined structure.” 
5. Turn the Mundane into the Sacred. Leaders take note. Jackson writes, “As I see it, my job as coach was to make something meaningful out of one of the most mundane activities on the planet: Playing pro basketball.” He incorporated meditation into his team’s practices. “I wanted to give players something besides X’s and O’s to focus on. What’s more, we often invented rituals of our own to infuse practices with a sense of the sacred.” 
6. One Breath = One Mind. Players “often have to make split-second decisions under enormous pressure. I discovered that when I had the players sit in silence, breathing together in sync, it helped align them on a nonverbal level far more effectively than words. One breath equals one mind.” 
“If you place too many restrictions on players, they’ll spend an inordinate amount of time trying to buck the system. Like all of us, they need a certain degree of structure in their lives, but they also require enough latitude to express themselves creatively.” 
7. The Key to Success is Compassion. “Now, ‘compassion’ is not a word often bandied about in locker rooms. But I’ve found that a few kind, thoughtful words can have a strong transformative effect on relationships, even with the toughest men in the room.” Compassion breaks down barriers among people. 
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Felix Dennis on Mistaking Desire for Compulsion

  • Wishing for or desiring something is futile without an inner compulsion to achieve it. Such lack of compulsion, if not frankly acknowledged, can lead to great personal unhappiness. We have all met deeply unhappy souls muddling along in professions or careers for which they are patently unsuited.
  • Worse still, by continually wishing and never delivering, you risk denting your confidence, beginning a vicious downward spiral that appears to draw misfortune like a magnet. The assumption that you might be able to achieve some goal if you only wish hard enough is not just a f***-up. It’s a potential personal tragedy.
  • Consider very carefully whether you are truly driven by inner demons to be rich. If you are not, then my earnest and heartfelt advice to you is: do not on any account make the attempt. What are riches anyway, compared to health or the peace of mind that even a modicum of contentment brings in its wake? In and of itself,great wealth very rarely, if ever, breeds contentment.
  • But no condescension is intended whatever when I ask you to quietly turn over in your mind whether or not you are fit to be rich. Whether the sacrifices involved — not only your own, but those you will ask of your family, present or future — are worth the tyranny that such ambition, by its very nature, exacts.
  • ‘Better to have tried and failed than not to have tried at all,’ drones the old saw. But in this instance, the cliche is wrong, utterly wrong. Better to have chosen a different life, a quite different path, than have placed yourself and those you love in harm’s way when early reflection and thought could have advised you differently. I repeat: do not mistake desire for compulsion. Those that do nearly always fail, at great cost to themselves and those around them.
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