-“I need to make more Money.”
-“I’m so stupid ;how could I have done that ? “
-“I ‘ve got this market licked.”
-“I can’t afford to lose money.”
-“The market is out to get me.”
-“I’ve got to get my money back.”
-“Nothing I do is right.”
Archives of “Anirudh Sethi” tag
rssThe Broker and The Dead Donkey
A broker named, Jean Paul, moved to Texas and bought a donkey froman old farmer named Ben for $100. The farmer agreed to deliver thedonkey the next day.
The next day, Ben drove up and said, “Sorry, but I have some bad news.The donkey died.””Well, then, just give me the money back,” said the broker”Can’t do that. I went and spent it already.” Replied Ben”OK, then. Just unload the donkey,” said Jean Paul.”What ya going to do with him?” asked Ben.”I’m going to raffle him off,” said Jean Paul.”You can’t raffle off a dead donkey!” uttered Ben.”Sure can. Watch me. I just won’t tell that he’s dead,” said Jean Paul.A month later Ben met up with the Cajun and asked, “What happenedwith that dead donkey?””I raffled him off, I did. I sold 500-hunderd tickets at two dollars apieceand made a profit of $898,” said Jean Paul.”Didn’t anyone complain?” inquired Ben.”Just the guy who won. So I gave him his two dollars back,” said the broker
Alexander Elder -Trading Quotes
Thought for a day
Trading prowess is learned, not inborn
Just like swimming…
Ego
Sometimes you let your ego get the best of you. It happens to the best of us. You make a few great trades and you feel like you’re running the market. Inevitably, though, the market will give you a brutal lesson in humility. It is up to you whether or not you get your ego back in check and persevere. Always remember, you are not in control.
Hardy Oil+Reliance Encounter Dry Well In KG D9 Block-stocks sink
Hardy Oil and Gas, the exploration and production group with interests predominantly in India, has kicked off a four-well drilling campaign on its D9 exploration licence with a dry well.
The exploratory well KGD-A1 drilled to a total depth of 4,875m and while it did hit some background gas, the well encountered poor reservoir sands in both the middle and lower miocene target levels. It will now be plugged and abandoned.
Hardy said the data obtained from the first exploration parametric well was very significant and would be integrated with the existing geological model to improve the prospectivity of the block before drilling subsequent wells.
Hardy holds a 10% participating interest in the D9 block, which is located in the Krishna Godavari basin on the east coast of India. Reliance Industries Ltd is the operator and holds a 90% stake.
Strong Rupee-Any impact ?
https://www.anirudhsethireport.com/inr-looking-strong-against-usd-jpy-gbp/
https://www.anirudhsethireport.com/what-i-forecasted-for-usd-inr-dont-miss-to-read/
Dear Traders /Readers ,Just click above links and u will see from what level Iam Bullish in Indian Rupee.
While looking at chart of INR against GBP ,EURO ,USD and JPY -Just thought came in my mind and thinking what will be the impact on Indian Software Companies or any negative impact on results for this quarter ?
-Indian Rupee had appreciated by 9% since Dec’09 against British Pound
-Indian Rupee had appreciated by 9% against Euro
-Indian Rupee had appreciated by 3% against USD since Dec’09
-US Dollar is strong against all world currencies except India
-I Don’t understand when USD ,GBP ,EURO were strong against INR…Then results of Indian Software companies were mind blowing and stocks were zooming up up up.
-Now since INR is so strong against all 3 currencies then also no impact on stock price and nobody talking and writing ??
-Apart from Software Companies ,What will be the impact on the companies those exporting in Europe ,UK ,USA ?
Just think it over and if possible comment
Updated at 12:49/28th March/Baroda
101 Trading Tips for Traders (Video )
Teamwork
“Coming together is a beginning.Keeping together is progress.Working together is success. “