Ninety-nine percent of the failures comes from people who have the habit of making excuses. George W. Carve

Who is in CONTROL of your trading? -Being ‘stuck’ with a position -A position showing huge & devastating losses (cough-Alts) -A single position that is way too big This all a lack of control You know the solution already. Use & obey stops. TAKE BACK CONTROL of your trading

Which is the best investment? Real Estate? Gold? Shares? No. The best investment is charity Once my relative gave me Rs 500 when I was desperate, later I took his son to Singapore, educated him, got a job for him. Effectively he got back 10000X return for the charity he did.

I have always maintained, the US is a far easier market to make money in: mispricing is very common. In India, Quality has always traded at 40-80x PE ( look at Colgate today eg!), so you are paying heavily. In the US, Coke, G, etc were cheap when Buffet bought. Never so in India

Success is not an accident. Success is a choice. Stephen Curry

Next 2-3 years could be extremely positive for markets, says Hemang Jani, Sr. Vice President, Head Equity Sales & Advisory at Sharekhan by BNP Paribas

RBI bans use of agents to chase loans
The regulatory decision is aimed at reducing data theft and minimising operational risk for banks

"Spend each day trying to be a little wiser than you were when you woke up." - Charlie Munger

Create your own luck - Work Hard - Complain Less - Mentor more - Appreciate others - Lead by example - Be Kind - Be Honest - Build ecosystem of trust & faith - Be Ethical - Keep Learning - Travel & Explore - Be Polite, Have Manners - Avoid Negativity

Please do not leave your job to become a trader/investor. You're just going to make it a lot more difficult than it already is. Both can be managed together except intra-day trading which I anyway don't do nor suggest to.

Before entering a trade - ekdum perfect entry lunga. After entering a trade - thoda unees-bees toh chalta hain.

Reaction of a trader when the trade is not going in his favour :) Stockmarket

There is a lot of difference bw google and YouTube knowledge and real practical knowledge.

Learn it better in my OTME program when done next.

"You don't need tons of IQ ... You need a stable personality. You need a temperament that neither derives great pleasure from being with the crowd or against the crowd because this is not a business where you take polls. It's a business where you think." ~ Warren Buffett

Global cues, Exit poll results, Reliance & HDFC Bank results. When everything is looking good, this Infosys news has come from nowhere. That may shave off about 100 points in Nifty. Now ATH looks difficult by October series.

YOU are responsible for you and yours. That's a huge responsibility and it's yours alone. -Richdad

The biggest lie in the world: I have read and I agree to all terms and conditions.

Don't read success stories, you will only get a message. Read failure stories, you will get some idea to get success!

Really hard to believe that nationwide stock market trading has to stop Because of a regional, state election ( even though the state happens to be Maharashtra). Truly amazing

As a trader or sportsperson, life moves in non-linear fashion. If you are looking for month-after-month and year-after-year being the same, that's not going to happen. Be ready for change, because that's the only constant

Good news makes the masses excited and buy high out of greed. Bad news makes the masses depressed and sell low out of fear. Good news or bad news leaves the master trader indifferent ―he/she trades a proven system.

its 52w high point & above 200 DMA. Because if the results are really great, the price should confirm the same.

There is no denying that the rising earnings is the main reason why the price of a stock goes up. And, that's why many retailers trade/invest basis quarterly earnings announcement. But does it really help? Read on

Our two finite resources are money and time. Saving your money is critical because it is possible. You can’t really save your time. You can only spend it wisely.

Never ever reinvest Dividend. Never ever reinvest interest earned on FD. Spend that money for personal / family enjoyment.

Many real life principles have proven to be hazardous in trading. 1 Never Give Up : A trader needs to learn to give up and take losses. 2 There is no tomorrow : There is always a tomorrow, so survive today to see another trading day. 3 Buy Cheap & Sell Expensive : Doesn't Work

Good Gambler and poor Gambler

The look on my cats face as I explain to her there’s a partial deal, and trade talks will continue

NIFTY FUTURE DAILY MADE INSIDE BAR/DAY- expecting big move

Your body and Mind is an awesome hardware , software combo. Reboot it every morning . Not on standby at night - Garv Chibbs

" Money is Not Everything- But You cant do anything without Money "

People Who

Avoid Failure Also Avoid Success

The 7 Most Important Money Decisions of Your Life

1. Most people don’t associate love with financial health, but your choice of life partner will be one of the most important financial life decisions you make. Staying single decreases your risk of ruin by marrying the wrong person, but getting married drops your expenses in half and doubles your chances of financial success. You have to love and respect anyone who is a part of your life, so why not focus on looking for someone to love that will be an asset in your life and not a liability? Also, value your spouse and marriage and make it a life priority, or you may find yourself suffering from a 50% drawdown in your net worth, in addition to emotional devastation.
2. Find something you are passionate about and then figure out a way to make money doing it. If you are going to spend 40-50 hours a week working, you may as well find something to devote yourself to that you are passionate about. You will need passion to do the hard work needed to break through obstacles and get to the finish line. Having a job you hate is not the path to success.
3. Invest in yourself by becoming educated in the knowledge you need to achieve your life goals. This means different things to different people. Some people will need a mentor, some will need a technical school, others need to read and study for hundreds of hours, and others will pursue college degrees.
4. Having the right insurance is your financial defense against the risk of ruin from low probability events. Always insure the things you can’t afford to lose, your house, your car, your spouse,  and your health.
5. Invest in things that appreciate in value. Stocks, smart housing investments, and assets are all good examples.
6. Invest in cash flowing assets: your own business, dividend stocks, bonds, or rental properties.
7. Don’t look for a random paycheck, job, or even a career. Instead, create a detailed plan of your mission in life and devote yourself to your journey. You will change yourself and the world for the better in the process.

"Markets are constantly in a state of uncertainty and flux and money is made by discounting the obvious and betting on the unexpected. Soros

The best performers in any discipline will set process goals instead of outcome goals.

Be grateful for the people that: 1 gracefully tell you the truth 2 remind you that your work matters 3 show you unconditional love 4 work hard to ensure your success 5 inspire you to dare, dream and do 6 eat last so you have more 7 challenge you to reach higher 8 make you laugh

Trading is trading and talent is talent. But your mindset does make all the difference!

Kya Lagta hai Market?

Kya Lagta hai Market?

Support your friends, Listen to their ideas. Go to their events. Share their posts. Celebrate in their victories. Remind them of their importance after their failures. Push them. A little support can go a very long way. Tell them you appreciate them. Just be a great friend

One of my workshop participants asked, how are you different from UNCLE? I don't put lipstick, I don't troll women, I don't tell cheap jokes, I don't troll others first and dig my own grave. I don't ever lose my CHARACTER for likes, money & fame.. #manerless uncle

You shouldn't be thinking about how much money you're going to make today. You should be asking... "Do I have a plan that will keep me in this business for the next 50 years?" If you do, the money will take care of itself.

If your stoploss never hit , then you must be one of following two 1. You have a Holly Grail Trading System 2. You Never traded in stock market. If you want to be a trader and don't have Holly Grail system ( which doesn't exist), Then consider stoploss as part of business.

Japan index today is lower than that of 1989. UK index lower than 2000. China index lower than 2008. Dow gave zero return between 1965 and 1985. Markets work in cycles. Some times cycles can last few decades.

5 #books about hedge funds:

1) Hedge Fund Market Wizards (Schwager) 2) More Money Than God (Mallaby) 3) The Little Book of Hedge Funds (Scaramucci) 4) Inside the House of Money (Drobny) 5) Hedgehogging (Biggs)

YES BANK TREND LINES

10 #trading mistakes I did in the past:

1) System hopping 2) No exit strategy 3) Focused on money 4) Ignored market trend 5) Ignored psychology 6) Traded volatile stocks 7) Traded already broken out stocks 8) Too much risk 9) Listed to other people 10) Hope instead of action

Best mid cap mutual funds to invest in 2019 :

Here is the monthly update on our recommended mid cap mutual fund schemes. There are no changes in our recommendation list this month. All our recommended schemes have retained their positions in October. Mid cap category returns have improved from being negative to slightly positive in the last one year, after the recent rally in stock market post the Finance Minister's announcement of corporate tax rate cut. 





Mutual fund analysts are hopeful that the category will do much better in the next three-four years. Currently, the mid cap mutual fund category is offering 0.99 per cent in the one-year horizon. The category has given 3.35 per cent returns in three years and 9.28 per cent returns in five years. 

Advisors do not recommend mid cap mutual fund schemes to new investors and to those investors who do not have a very high risk appetite. Mid cap mutual fund category can be extremely volatile.

India among world's most protectionist nation. The new investment rules for e commerce sector had slowed expansion of Amazon and Walmart in India. Wilbur Ross. Fact : Amazon and Walmart has no entry in China.

Just before trading your perfect trading setup: The best thing you can do is the right thing to do, the next best thing is the wrong thing, and the worst thing you can do is nothing.

Psychology: If I buy YES Bank at Rs 30, the maximum I will lose is only Rs 30 but if I buy Bajaj Finabce at Rs 4000, I may lose Rs 4000. But if you have Rs 4000, you will buy only one Bajaj Finance share but you will not buy only one share in YES Bank, you will buy 130 shares.

New traders need to stop focusing on winning percentage and worrying about being right on every trade and turn their focus to having small losses & big wins.

"More money has been lost trying to anticipate and protect from corrections than actually in them." - Peter Lynch

Meditation can help you develop an incredible amount of patience and self-restraint. If you are a trader and don't have a practice, you're not maximizing your chances of success.

-Stop isolating +Start engaging -Stop telling lies +Start getting honest -Stop procrastinating +Start making daily progress -Stop excusing your lack of effort +Start taking action and work hard -Stop talking to yourself negatively +Start praising your good qualities