Map the trends of the higher time frames and make the context for what is happening in the present
It was a case of US Steel-cant-go-down approach that used to prevail then (perhaps the first of the Too Big to Fail?) that prevented anyone from selling out early. Is it the same with Tata Motors?
Markets have been around in India since 1865 and they are still functioning very well. Ups and downs are part of the process but eventually, they all end.
Almost no one has a process even defined, forget doing it well! So that ‘s the place to start- lets lay down a process for doing the work.
It has been proved that to remember something for a long time we need to first believe it ourselves. If we like singing, we think of, first, ourselves as a singer. After that we make efforts to sing and do it well (because we like to) and over time we tell ourselves that we ‘know’ the words. Eventually we believe it too. So to become what we believe ourselves to be (a singer) we have to first believe that we are one.
Like everyone else I am also caught by this fever every four years. Though I have been wanting to go for a World cup match since 2002, it has not yet transpired for one reason or another. I don’t think I may want to go to Qatar (next, in 2022) because I cannot imagine sitting in the stadium at a sweltering 40 degrees temperature.
Mutual Fund sahi hai jingle became the pied piper song that kept drawing money into the markets. Indeed, that tag line should probably be given credit as one of the most productive (for the industry) lines ever!
The sordid history of British colonisation of Africa (the western coast there was actually called the Slave Coast!) and West Indies etc were all laid out in the article and it made an interesting reading. A bit depressing but still, interesting.
Unless ALL the four elements are present in full quantity, success will remain a dream. If you are able to get together these elements, the consistency of success grows
Our favourite game can have a lot of lessons for us to pick on and apply to our trading and investing activities.
Does it take time or skillset to garner returns in the market? A quite trade-off in itself, the choice depends on the goal of the investor.
The number of stock scams is on the rise. Will something like a forensic financial analyst be a thing of the future in the markets? Will this be a lucrative career path?
Does luck play a huge role in determining your success in the market? It sure does, but crediting your entire success or failure to luck isn't fair.
Your spouse can be your strength and support for all your trading activities. Including them in your trading activities will be your greatest investment.
The increasing importance given to stops and targets is turning into a obsession. This along with rising expectations turns the focus away from analysis.
In his famous letters, Warren Buffet has listed some criteria for investment
With Alkem, the attention bias was on the newness, the fundamental story, the lack of ownership and minimal research coverage leading to limited information flow
While we are all agreed on the aspect that bigger profits accrue over the longer term, it doesn't mean that we can voice opinions about how that long term period will exactly unfold.
Loss in the market is all about Prestige- and not really about the money.
It still continues to remain my favorite saying – about the markets as well as about life.
Confirmation bias carries with it an inherent pitfall that we need to become aware of as most of us practice this subconsciously
There are repetitive behaviours and if one finds them and sticks to that pattern, some reasonable success can be enjoyed
Even Lord Krishna, in Verse 5, Ch 12, says that pathway of meditating on the un-manifest is difficult and is not for the body embedded.
This aspect of fading the signals or chasing requires a mindset that is able to veer 180 degrees without missing a beat!
The turn occurs when one of the groups becomes unmindful or overlooks the underlying factors that really drive the emotions of people