Monday, August 24, 2009

Someone save us from Banglore Traffic Police


Most of the corruption and grudge complaints from common people are towards the traffic police department who are famous in collecting fines which exceeds many times the salary of their whole department which shows that the traffic cops don't have any respect in the minds of the common people....

Recently my friend, whose name is to be kept anonymous, had accidentally parked his new Karizma bike in a no parking zone in J.P.Nagar as the sign board was missing no one could recognize it was a no parking area, he parked and went to buy some medicine(thats wat he told me) - out of the blue came the "Tiger" sweet name for traffic toll vehicle from which two heavily built men came and just tossed the vehicle into the toll van even though my friend pleaded that he will pay the fine on the spot, guess what the police man didnt even listen to his plea. they couldnt have cared less and just left off with the intention cause they will lose their toll money. His new bike was so badly scratched that it was looking like a seconds old vehicle... 
Nowadays it's a mystery to park vehicles in B'lore. Park your vehicles & when u come back it'll be not in the spot. Who knows whether it's the police who took it or some thief (Though there's no difference between both)

Agreed they put in lot of effort in regulating the traffic amidst hot sun or heavy rain (or however harsh the weather may be). The only complaint I have is that they don’t treat everyone equally. If someone doesn’t slow down but speeds away, these cops make no attempt to chase them and fine them. They don’t have the determination to make everyone (irrespective of their financial or social position) who breaks a rule to pay fine but need some bakras to cough up some money and usually middle class people traveling on two wheelers become easy targets. We hardly see any car drivers/RTC buses asked to pull over though truck drivers are targeted sometimes (probably because if couple of cars are stopped, there’ll be traffic jam…) Extremely rich people go Scot free, either because these cops don’t dare question them or the rich people easily scare these cops quoting their “high level contacts”. Extremely poor people are also eventually let free, because they have nothing to cough up. Only middle class people end up paying fine (or giving bribe).

well wat you should do.
  • Keep minimum cash in your wallet. These people are also human and are kind enough. If you can show them that all you have is 70 rupees, chances are that they will take Rs 50,  let you go. If you have several crisp notes (100's), it will be very very difficult to defend yourself or your money. Keep that extra cash elsewhere.
  • Keep all papers (RC, Insurance, DL, emission etc) handy.
  • Always agree to them. Don’t enter into heated argument. That will make things worse.
  • Never reveal you’re in extreme hurry. These cops have no value for your time. Stay calm, wait for some time, your chances improve.
If you have no fault with you (you have all documents, not violated any rules etc) then there shouldn’t be a problem.

Please suggest any more tips __ comments and experience welcomed.

Wednesday, August 19, 2009


Tips from Deepak for Trading in Indian Stockmarket

pls note : these tips are orignaly my ideas and i take full responsibility for them not working, if ever they dont, but, for my friends and people i know -  better use these than go in blindly. 

  1. A Trader observes the current change in market and decides while a experienced trader predicts the market reaction and makes a decision.  A succesful buisnessman, the one you should try to be, would predict the reaction of common ppl  to the change in market and thereby make his decision.
  2. Remember you are not the only clever person trading. i.e. any new idea which you come across might have striked some other person(s) who have been there in this market world for a longer time and have a bit more stability in making decision and they may have seen a flaw in the idea which you managed to overlook. So, try to look over the obvious details.
  3. Nothing in life is Absolutely Free. people who try to get something for nothing mostly endup getting nothing for something. Everything comes with a price, its just you who decide if the price paid is worth the returns. eg: Investing 90 lakh rupees today and getting 91 Lakh rupees after a year. Sounds like a fair benefitial deal but what we miss out is that the value of 90 lakh after a year is more than 91 lakhs..
  4. Gambling, a very common word used for trading, is completly different. A person can gamble blindly in shares, hope good luck to him, but you should not. No matter how lucky you feel dont ever gamble away your money blindly.
  5. "Okay now, I am done." You should know when and where to draw the line. A true winner is the one who quits when he is at the top of his game, no offence intended eg.. saurav ganguly should have quit when he was treated as a champion and not have waited till he was kicked out, Greed is the cause why people loose so much, when someone sees profit. so dont try to get it all.
  6. Remeber your basic morals, like a bird in hand is worth two in a bush. i know it sounds dumb but trust me these small things are what people end up forgetting causing them to loose big time.
  7. Always listen to the tips from everyone. Hey, am asking you to listen to them from one year and leave it out the other, ofcourse you have exceptions of those tips which do help a lot. Be really selective.
Enough of faltu talk - some proper starter tips .. 
  1. Always trust the Big Shots over Small companies, when you have no idea about either one. Reason being that the big shots have  a lower probability to  poof disappear of the trading charts and they generally end up bouncing back.
  2. Contradicting the first point, Big shots are not always the best choice if  you know  about a smaller company and know how its doing in the real world, its better to differ from the crowd then and only then.
  3. dont PANIC!!!!!!
    If you see market rising steadily or droping really fast. Stay xtra calm.
  4. Try to invest/ buy when the share price go low compared to the prev week's/month's average and then set a target price at which you want to sell it. Do sell the share at your target price even if the market is  rising rapidly.
  5. Dont invest more than required. specially not to overcome or average  a loss.
  6. Avoid intraday trading even if it costs less brokrage charge and gives faster returns, the risk is higher. Prefer intraday trading only when you know trading in detail.
  7. Always have a friend, who dose not agree with you on almost anything, to consult. That way you will be able to see both sides. This is very important as a lot of times people easly fall for attractive offers.. most of you dont have to worry about that cause am there, but a few of you who end up not arguing with me pls search for some one you do argue with.
  8. Dont need to be a news freak, but do follow it up as often as possible.

pls  comment your views ... as this is still to be fully updated.