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.

Jumbo Can'T JumP

A couple of months ago, I had a unique experience of being with my family to the Kullu Circus. It was a fascinating one. My nephews, Neeraj and Mayank, and i went in the morning to buy the tickets for evening show. The counter was crowded and the kids got restless and wanted to see the animals in cages.

I went over to the circus gatekeeper and got permission provided we didnt feed them. Walking along side the tents the kids were exitedly looking at the animals in their cages - camel, horse, mule. variety of birds. In the last tent there were elephants. We peeped in to the tent and saw three elephants and a calf. I was surprised to see that each of them was tied with a rope - with one end to their front leg and other to a stake in ground. No chains and no cages for the Mighty Beasts. It seemed peculiar that birds had a cage but elephants didnt.


Neeraj innocently asked me... " Deepak, why are the elephants tied up?" I replied, "to stop them from running away". he contemplated & continued, "But they are so big and can break logs wont it be easy for them to break and run away. Why dont they?" I noticed an animal trainer nearby, went to him and asked him why the elephants made no attempts to escape?
"Well," he said, "when the elephants were very young and much smaller we used the same kind of rope to tie them. By the time the elephants grow to full size, they are conditioned to believe the ropes are unbreakable. They think rope can still hold them, so they have given up trying to break free."

The explanation satisfied neeraj's curiosity but i was astonished. The scene was typically ironic. The ropes were no more than Obsolete relics. A firm pull and the ropes would snap. But the elephants did not seem to care for a tug. In fact, I think the elephants were not even conscious of ropes any more. It would seem the animal had no desire to test their boundaries. Jumbo's couldn't jump their own ropes; they were prisioners of a self-limiting belief.

If drawn parallels between the Jumbo's and us, Such self-limiting beliefs prevent all of us from fully realising our full potential. These dream stealers impose boundaries even on our desires and imagination. How many such Relics are we unconsciously burdened with? How many of us go through life holding a belief that we cannot do something, simply because we failed at it once earlier?

There are no limits for human potential. It's we who limit our own growth

I, Choose to live up my full potential. I will consciouslyfind such self-limiting beliefs and challenge them.

BETTER A BROKEN ROPE THAN A WITHERED SPIRIT

Think beyond whats obvious ... dj

Empty Success

It was one of the happiest moments in my life - when i had proved yet again to myself and to the world around me that a small success can make a world of difference. I needed this amll success cause i knew it would spark in me a desire to be enthusiastic and hardworking once again. I was looking at my photo on the computer screen which announced my achievement and a few words of appreciation from my head at my workplace. I only knew how much this success meant to me. After a few s,miles to myself, I looked up from my computer screen to see my colleague convincing a friend to buy something he did not actually need

I had pushed friends and relatives to buy products I was selling, and they had bought because I had asked them to. Weather they required it or not, they picked so that i could achieve what i wanted to. For the first time, As i saw, I realised how selfish i had been. I was focused only on my goal of selling products and not on the needs of my near and dear ones. Although none of them seemed to have minded, they indulgently bought what i was selling. Somewhere surely they must have thought, "I don't need this, but Deepak needs to reach his objectives - so why not?" I had unknowingly misused their selflessness for my own purpose.

I realized the meaning of sweet success for the first time. It does not mean words of praise or recognition... It comes from a deep feeling from within knowing that ur success had helped several others become more successful too and been honest.

Success that comes from a feeling that you have used someone or achieved it through wrong means, success that prickles at your conscience is empty success

People who are really admired are recognised by all, are legends and yet also have the pleasure of feeling that their success has helped several others achieve theur goals too. Gandhi, in becoming Mahatma, gifted my nation its freedom. A school teacher, in becoming Mother teresa, transformed millions of lives. Success is success, only if it comes by helping others to succeed.

I will sell a product to only those who truly need it. I will ensure that my next success brings excitment to every cell in my body and does not disappear in moments.. for it would have come by helping others too to succeed.

Lets postpone our Procastinations

"Quite often i decide not to procrastinate or postpone important things. But soon i find myself back in square one."

Procrastination has become the most dreadful of pshycological diseases that is swallowing the potential of humanity. Sooner u realise the ill effects of it, the better.

We understand the importance of health and fitness, but postpone our effortsin that direction. we realise the importance of financial planning and investment, but procrastinate taking the initiative in that direction. We comprehend the importance of our exams, but push our preps till it becomes a crisis. We find pushin papers into the pending folder the most convenient option.

All stress and tension in life is nothing but the accural of psychological pressure caused by the gap between when something should have been done and when it was evntually done. Procrastination is the most certain way to shorten one's lifespan. Postponement is the signature if underachievers.

Life will not postpone our death, Then why do we postpone our life??

IS Gaming addictive ?? Harmful ?? Wastage of Time ??
I have been a hardcore (computer) gamer and i can gaurentee that gaming can get as addictive as anything u have known ..., obv addictive means harmful also,
but i bet u did not know that video game/ computer game players have better visuomotor skills, such as their resistance to distraction,
their sensitivity to information in peripheral vision,
and their ability to count briefly presented objects than all the nonplayers.
Such enhanced abilities could be acquired by training with an action game, involving challenges to switch attention to different locations, but not with a game requiring concentration on single objects.
Gaming and the virtual world it creates is amazin.. My days in BIT have shown me that gaming can compensate for any flaws and put in a virtual dimension where u can aim and achieve. but wat u do not realise is that in games u get second chances and unlike life it can be loaded and saved and a loss in game can have a restart.
Its upto the person who plays the game to decide -
until when is he playing the game and when the game is playing him ....

Why is it we always fall for our best friends?

• Is it because we know we can trust them?
• Is it because we know them so well?
• Is it because of the way they know exactly what's going on in our heads?
• Or is it because they are there any day, anytime,anywhere without the promise of kisses, intimate touches or whispered sentiments of love?

I think we love them because they are there even when there is nothing in it for them except for that little glimmer of hope that maybe someday there will be.....

Someone once taught me a deeper level of friendship. She made me realise my mistakes, and capabilites. I felt the need to perform just to prove to her. I felt that i could trust her with all my secrets and stories. Just talking to her used to make me feel secure and comforting. I could feel her worries for me. She was always there to listen to my problems. She was a better friend to me than any i had met until then. I used to get worried every time she was unwell or even if she wouldnt answer my calls. Just knowing she was happy with somethin use to make me feel happy. I wondered at times, if this was friendship or something else. If i actually was falling in love with this person or was it just a feeling of caring towards a friend. It's a feeling i shall have with me for a life time. All i wanted her to know was that this was something which i did not expect in return. Even if she doesnt care, i shall always be there.

I have heard people say that Love is based on friendship, she told me that love w/o friendship is like fire without oxygen, even though it may light for now but later on it will collapse. Those moments in life where ur love may not be the same, ur friendship will get u thru.

Well if friendship is the foundation of love, and that true love is based on true friendship, then is it wrong to love your best friend ?

Love

9th sept 2008
I am not a Blogger expert so this might nt meet the format or standard of a Great Blog. Neither am i an expert at psychology or love to be writting this but, i just felt like so,


Generally people in our age group keep wondering what is love.
I SAY THIS : The Diversity of meanings, combined with the complexity of the feelings Involved, makes love unusually difficult to consistently define.

No one is ever sure when they are in love. You look at a person in your college. Someone who is fair good looking, or some other quality of that person and u feel that u are in love with that person.
Every Crush or infatuation is felt like love at that moment. Later on you feel it to be just a feeling forgotten.

Another point i have come across being a guy is that every guy says "it is very difficult to understand girls" even i do and have heard all my friends say the same. But when you come tho think of it, its just a reason used my most guys to satisfy them self morally for not being able to understand the other person.

We always try to view things from our own point of view and never see it as how the other person would think.

I haven't found anyone yet whom i could say that i Love them, but i have come across this feeling a lot of times when i felt i was in LOVE. but when you think about it for a moment forgetting the point that u love the other person u shall realise how wrong u may be.

Maybe all i say now might seem stupid later to me - who cares ..... As for now i stand on my words at least until i find someone. :)