Stock trading based on
BHAGWAT GITA
No fasting No feasting
If one will invest heavily(very high % of savings) will not be able to absorb(digest) the dents (losses)
Hence =1st do not use leveraged facilities until you have back up to feed short falls (mtm) = 2nd,invest good % of your savings, as per you appetite.
Patience is the name of the game
Invest as you invest in bank fix deposit for long term (1 to 3 years).
When you select a share with any growth story, give time to your investment to grow. Don’t be impatient.
Buy growth, not momentum
Watch vodafone ads.
Only YOGIS can be winners
Those who have balanced mind can be winner. Do yoga and meditation to get needful.
Those who have no greed or fear can be winners. Don’t speculate only invest.
Don’t be afraid of downtrends . Its one of the behavior of stock market. Uncertainty is the only certainty,the way seasons change and we accept,same way we should accept volatility of market.
Life is only for braves
(cool calm & courageous)
Even in bull market , market throw out weak investors by taking small corrections. Only knowledgeable investors (knowledge is power) make money by following long term trend. Trend is friend.
Arjuna asked:-O Lord, I don’t make mistakes, some unseen power force me to commit mistakes, break my trading rules and disciplines . I do not know how exposure in equity is increased at peak and never ready for any commitment when rates are down.I am sure that nature ( Operator ) is responsible to it.
Lord replied : NO Parth. Operator is not responsible to it. He invest so much money , discover story (unfolded value of share), keep patience , involve others to make money. Its all your fault. Your kam, vasna and greed to become rich in a day force you to commit mistakes and responsible for losing your money.
Check macro scene : fundamentals (live hoshpurvak)
Money inflow/outflow from foreign funds
Rising/low corporate profits
Low/high interest rates,inflation
Political stability or uncertainty
global slowdown or growing economy / conflicts / scams /
Lord said : I am in best. Vishnu in devs, Shiva in rudras,
Historically, stock markets generate higher returns than other less volatile assets. Hence is the Best.
Market is combination of 3:
sat, raj & tam qualities
Investor (sato), hni players (rajo)
Speculators(tamo)=in absence of any one, market lose its shine and nature. Everyone has some aspect of all above three qualities,only % varies.
What about speculators,traders
They should use technical/charts,to prove wrong that they are here to lose only:-
Support & resistance (pivot)
Moving averages 5,20,50,200days
RSI
Change in volumes
Fibonacci price projections etc.
Write-ups from Reminiscences of a stock operator written by Jesse Levermore
Speculation is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, or for the get-rich-quick adventurer. They will die poor. Same hold good in life also
Cont……Lord :- Work for BiG
Speculation is far too exciting. Most people who speculate hound the brokerage offices…,ticker is always on their minds. They are so engrossed with the minor ups & downs, they miss the big movements. Lord said,work for BiG
Cont……before doing , understand it. Lord said, work what you understand
Every stock is like a human being. It has a personality, a distinctive personality, aggressive, reserved, hyper, high-strung, volatile, boring, direct, logical, predictable, unpredictable. One often studied stocks like one would study people, after a while their reaction to certain circumstances become more predictable.
Cont….. Same updesh is been preached many times.
There is nothing new in stock market. There cann’t be because speculation is as old as the hills. Whatever happens in the SM, today has happened before and will happen again. The point is not so much to buy as cheap as possible or go short at top price, but to buy or sell at right time.
What about investors
1.Do not covet your neighbor’s goods
2.Track investments
3.Stick to a plan
4.Do not take personal loans for
lifestyle needs
