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10 Thing u should learn from Market

1. “There is no such thing as easy money”

This is so true, in the markets, in everything. Those who happen upon money where it DID come to them easily, it seems, as a witness, have had it very fleetingly. In my own case, although I am supremely confident in the profitabliity of what I am doing, in practically any market, in virtually any “regime,” doesn’t mean it’s easy. It works like clockwork and is incredibly painful and distressing. It would be so much easier to simply sell buckets of blood.”

2. It’s bad to try to make money the same way several days in a row
3. Markets that have little liquidity are almost impossible to profit from.
4. When the stock market is way down, policy makers take notice and do what they can to remedy the situation.
5. The market puts infinitely more emphasis on ephemeral announcements that it should.
6. It is good to go against the trend followers after they have become committed.
7. One should not make one’s analysis more precise than one’s actual trading could ever possibly be.

8.
If the rational mind has not determined the parameters of a trade, then upon execution, the lizard brain will decide.

9. Never go on vacation with open trading positions.
10.  All higher forms of math and statistics are useless in uncovering regularities.
Technically Yours/ASR TEAM/BARODA/INDIA

Per capita income in India is Rs 46,492

Per capita income of Indians grew by 14.5 per cent to Rs 46,492 in 2009-10 from Rs 40,605 in the year-ago period, as per the revised data released by the government today.

 The new per capita income figure estimates on current market prices is over Rs 2,000 more than the previous estimate of Rs 44,345 calculated by the Central Statistical Organisation (CSO).

Per capita income means earnings of each Indian if the national income is evenly divided among the country’s population at 117 crore.

However, the increase in per capita income was only about 6 per cent in 2009-10 if it is calculated on the prices of 2004-05 prices, which is a better way of comparison and broadly factors inflation.

Per capita income (at 2004-05 prices) stood at Rs 33,731 in FY10 against Rs 31,801 in the previous year, the latest data on national income said.

The size of the economy at current prices rose to Rs 61,33,230 crore in the last fiscal, up 16.1 per cent over Rs 52,82,086 crore in FY’09.

Based on 2004-05 prices, the Indian economy expanded by 8 per cent during the fiscal ended March 2010. This is higher than 6.8 per cent growth in fiscal 2008-09.

The country’s population increased to 117 crore at the end of March 2010, from 115.4 crore in fiscal 2008-09.

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