RNRL-Show yet to begin

RNRL is in the news for its ongoing legal tussle with Reliance Industries,which reliance ind has won.

However two fact that is overshadowed or ignored is that

RNRL is the second largest coal bed methane (CBM) player by acreage in the country. The company has been awarded four blocks (acreage of 3,251 square kilometers) for exploration and production of CBM.

In addition, RNRL has won a block in Mizoram under the New Exploration Licensing Policy (NELP)-VI for exploration and production of oil and gas.

so idiots and jokers are recommending to exit from the stock

just apply your mind and read this twice and also you can read all this in the latest balance-sheet of RNRL.

OUR MANTRA-buy on declines for next decade opportunity

Don't be an Indian and A Fool At the Same Time! Invest for NEXT 10 Years

HDFC Chairman, Deepak Parekh, in his recent interview to a TV Channel Said: “If you are young and not investing in Indian Stock Markets for Next 10 years, then You Are a Fool”

Mr. Deepak S. Parekh is the executive Chairman of the Housing Development and Finance Company (HDFC). He is a Fellow of the Institute of Chartered Accountants (England & Wales). Mr. Parekh joined the Corporation in a senior management position in 1978. He was inducted as a whole time director of the Corporation in 1985 and was appointed as the Chairman in 1993.

The Housing Development and Finance Company (HDFC), India’s first and largest mortgage finance company, has grown into a large financial conglomerate.

Deepak Parekh, after his uncle and founder of HDFC Haskukh Parekh’s demice, has taken the HDFC Group to new heights. He was also on the panel for Satyam Computers rescue plan byt the Govt. of India.

CONTACT: 
MITUL SHAH
9879586722

How to Overcome the Fear of Correction or Falling Market?

How to Overcome the Fear of Correction or Falling Market?

1. First you define you are a trader or an investor.
2. If investor then define each of your stock holding with a holding duration or an upside target price or both.
3. If you are a trader trade on both sides, don’t become a bull-trader, or a bear-trader. Some of our viewers sent us mail that ‘what’s wrong in being a one-side trader, one can be either a bull-trader or a bear-trader and still earn’. I agree, but then there will be a lot of practical issues. What would you do in case of all round short term or intermediate market correction if you are a bull trader and vice-versa? Would you be able to control yourself and remain on the sidelines for days, weeks or months?

Apart, in reality being a trader and preferring only bull or bear side is in fact a bias. It is a liking, so it is a bias. So that is why to excel in trading you need to learn to short as well.

This type of readiness and experience also overcomes the fear of correction or falling market, because you ‘know to profit from declines, and you eradicate the fear or loss by going only and only long while whole world is selling’.

4. Days of high volatility and swings on both sides are very less so this is also a relief.
5. Don’t hesitate to change your stance. If you think it’s a SELL and you told everybody a day before it’s a BUY then you would fear others undermining you. Remove this fear.

Very less people know that George Soros, considered world’s biggest trader-one day told his friend that he was short on a commodity. After some days the friend met him and told Soros that as the commodity price rallies his company must have lost millions. Soros replies he reversed his position and went long and made a huge killing.

But this doesn’t mean that you frequently change your mind. You have to find that optimum line of balance.

6. Follow value investing. This is a bullet-proof investment strategy.
7. As an investor, accept market is also made of speculaton and trading interests. Don’t benchmark your investment stock shouldn’t fall below so and so price. Remain ready for ups and downs in your share price. Don’t check the price daily. Review once in a month or in a quarter only.
8. Traders can hedge. If you are uneven about the market or don’t like corrections. Then buy index put options. Or you can also trade with ‘Pair Trading Strategy’ where you buy some counter and at the same time go short in others. You decide this on the basis of several methods such as sectoral analysis, performance cycle analysis and so on.
9. If you are a Delivery based/positional trader then keep cash in times of high volatility and uncertainty. This cash can help you take position in case market correct. 
10. Bull markets don't end easily and Without witnessing exaggerations and extreme euphorias. Similarly bear markets don't last much longer. This is not a rule but is an established fact with few exceptions.
11. If you have hired tips service of some analyst, and he is not able to give sell calls in a bull market or buy calls in a bear market then change your analyst.

Don't be an Indian and A Fool At the Same Time! Invest for NEXT 10 Years

Attention INVESTORS! Invest in Best Ready-to-Invest Portfolios. Correction is Always appropriate time to invest

Quotes from World’s Greatest investors:

“An Equity Market Correction is a Heavenly Opportunity for intelligent INVESTORS.”

“A Test for Real investor is Weather he Buys in a Down Market or stay on sidelines”

Then Why Be Afraid of Corrections?

Why not Take Benefit of Down Market?

Just Read This,

“The BSE Sensex has given a compounded return of 19.67% since 1979, as against 10.40% return of Public Provident Fund (substitute of Bonds)”

 -From Book “Value Investing and Behavioral Finance”

Even stating further, it has been a universal Proven Fact that the Equities Class of investable assets has given the best return till date through the world.

For More Details Contact us:
9879586722
8128988722

Spain - The Next Greece ????????

Conclusion from interactions with a couple of fund manager friends based out of Europe


•In Europe there is a growing concern abt PIGS' (Portugal, Ireland, Greece & Spain) sovereign debts going BUST.

•Spain may be NEXT in line.
 
MITUL SHAH
9879586722
8128988722

China May ‘Crash’ in Next 9 to 12 Months, Marc Faber Says

Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.






The Shanghai Composite Index has failed to regain its 2009 high while industrial commodities and shares of Australian resource exporters are acting “heavy,” Faber said. The opening of the World Expo in Shanghai last week is “not a particularly good omen,” he said, citing a property bust and depression that followed the 1873 World Exhibition in Vienna.





“The market is telling you that something is not quite right,” Faber, the publisher of the Gloom, Boom & Doom report, said in a Bloomberg Television interview in Hong Kong today. “The Chinese economy is going to slow down regardless. It is more likely that we will even have a crash sometime in the next nine to 12 months.”





An index tracking Chinese stocks traded in Hong Kong dropped 1.8 percent today, the most in two weeks, after the central bank raised reserve requirements for the third time this year. The Shanghai Composite has slumped 12 percent this year, Asia’s worst performer, as policy makers seek to rein in a lending boom that’s spurred record gains in property prices. China’s markets are shut for a holiday today.





Copper touched a seven-week low and BHP Billiton Ltd., the world’s biggest mining company, fell the most since February on concern spending in the world’s third-largest economy will slow and after Australia boosted taxes on commodities producers. Rio Tinto Ltd., the third-largest, slid as much as 6 percent.





Chanos, Rogoff





Faber joins hedge fund manager Jim Chanos and Harvard University’s Kenneth Rogoff in warning of a crash in China.





China is “on a treadmill to hell” because it’s hooked on property development for driving growth, Chanos said in an interview last month. As much as 60 percent of the country’s gross domestic product relies on construction, he said. Rogoff said in February a debt-fueled bubble in China may trigger a regional recession within a decade.





The government has banned loans for third homes and raised mortgage rates and down-payment requirements for second-home purchases. Prices rose 11.7 percent across 70 cities in March from a year earlier, the most since data began in 2005.





The government has stopped short of raising interest rates to contain property prices. Within an hour of the central bank announcement on reserve ratios, Finance Minister Xie Xuren said that officials remained committed to expansionary policies to cement the nation’s recovery.





Stocks ‘Fully Priced’





The nation’s economy grew 11.9 percent in the first quarter, the fastest pace in almost three years. The government projects gross domestic product growth for the year of about 8 percent.





The clampdown on property speculation may prompt investors to turn to the nation’s stock market, Faber said. Still, shares are “fully priced” and Chinese investors may instead become “big buyers” of gold, he said.





BlackRock Inc. is among money managers reducing their holdings on Chinese stocks on expectations that economic growth has peaked. The BlackRock Emerging Markets Fund has widened its “underweight” position for China versus the MSCI Emerging Markets Index to about 7.5 percent from 4.6 percent at the end of March, the fund’s London-based co-manager Dan Tubbs said.





Industrial & Commercial Bank of China Ltd., China Construction Bank Corp. and Bank of China Ltd, the nation’s three largest banks, are trading near their lowest valuations on record as rising profits are eclipsed by concern bad loans will increase.





Local Governments





Citigroup Inc. warned in March that in a “worst case scenario,” the non-performing loans of local-government investment vehicles, used to channel money to stimulus projects, could swell to 2.4 trillion yuan by 2011.





Housing prices nationwide may fall as much as 20 percent in the second half of the year on government measures to curb speculation, BNP Paribas said April 23. Under a stress test conducted by the Shanghai branch of the China Banking Regulatory Commission in February, local banks’ ratio of delinquent mortgages would triple should home prices in the country’s commercial center decline 10 percent.





Shanghai is projecting as many as 70 million visitors to the $44 billion World Expo, more than 10 times the number who traveled to the 2008 Beijing Olympics. More than 433,000 people visited the 5.3 square-kilometer (3.3 square-mile) park on its first weekend.

SENSEX TO HIT 12000?????

The question remains in every ones mind what is going to happen next in the stock market. Let me try to give you answer of your query.

I will give your answer with three different technical analysis theories.

(1)   Negative divergences on relative strength index.

In the first chart I have shown the relative strength and sensex weekly chart. From February 2010 sensex start up side from 15561 and hit 18047 but  in same duration relative strength miss to walk with sensex and continue make new low so creates negative condition now.

(2)   Fibonacci retracements

From the low of 7697 to all time high of 21206 I drawn retracements and sensex start coming down from the retracement resistance level  18033 so we are not able to cross the and sustation above the resistance on weekly charts so this indicates weakness ahead.

(3)   Fibonacci numbers

On weekly and monthly charts from the low of 8047 to high of 18047 on swing index index consumes 55weeks and 13 months on weekly and daily charts so both this numbers has big importance in Fibonacci to turn the long term trend of any index,stocks and commodity .

So we have created top after 55 week and 13 month so this can be big trend reversal.

How I arrive at target?

To get confirm down side first we need to apply dow theory and needs to break 15651 then negative divergences and breaking the channel of higher top and higher bottom will turn in to lower top and lower bottom and more selling will emerge and will take index to fill the gap of 12272 which was created when UPA wins the vote of confidence.

Another opinion is on Elliott wave if we assume from march 2009 after correction of 2008 over the index has moved from 8047 to 18047 and assume as per time series it has complete wave 1 and now corrective wave down 2 is start then normally it falls by 50 to 60% and if this is the case then 11800 would be target.

One of my favorite lines from technical analysis is technical analysis in general and Elliott wave has forecasted major market crash much ahead before someone knows and can understand about it like 2008 market crash.

So never under estimate the power of technical analysis when you also know the fundamental analysis.

‘For long-term investors, this is still a market to be buying into'

We have two years of good growth ahead of us. As earnings get elevated and the market remains range-bound, you will find valuations getting cheaper and cheaper.

With strong profit growth ahead, stock valuations don't appear too daunting, feels Mr Anup Maheshwari, Head of Equities and Corporate Strategy at DSP BlackRock Mutual Fund.

Even as he sounds a note of caution on commodity stocks, he says he would place his bets on sectors such as banking and software given their strong growth prospects. Mr Maheshwari has had a 13-year stint in the mutual fund industry, nine of them managing equity money. Business Line caught up with him when he visited Chennai to flag off the new DSP BlackRock Focus 25 Fund.

Excerpts from the interview:

Market gains this year have been driven mainly by expanding PE multiples for stocks. Are you concerned that the market is too expensive today?

Not really. I believe that either time or a price correction will effectively reduce market valuations so that they do not appear expensive. In the last 7-8 months the market, in terms of the index, has gone nowhere. If you take the top three index names — Reliance Industries, ONGC and NTPC — their stocks have not performed at all.

In the last two years, we have had almost zero earnings growth. Now that a recovery is happening, profit growth will be elevated over the next two years. The long term average growth for earnings of index companies is 15 per cent, but we are now looking at a 25 per cent growth this fiscal. For FY12 this may be 20 per cent. As earnings get elevated and the market remains range-bound, you will find valuations getting cheaper and cheaper.

If you do the math, today the Sensex (company) earnings are at Rs 870. At the growth rates projected above, this will grow to about Rs 1,100 this fiscal and to Rs 1,300 by FY12. Remember that just six months down the line, analysts will begin looking at the FY12 estimates. At an index level of 17000, this means a PE of 13; the market may appear quite inexpensive then. You have two years of good growth ahead of you; barring external factors like another sub-prime crisis. If growth materialises, the tendency of market participants would be to buy into dips. Even the large caps will be getting progressively cheaper. For long-term investors, this is still a market to be buying into.

I also believe that there are enough opportunities for investors even within the top 200 stocks, where valuations are not an issue. For instance, the market today does not differentiate between companies on the size of their profits.

People often compare the PE of a company with a Rs 30-crore profit with one with a Rs 100-crore profit, and say the former is cheap. But what we've seen is that there are a lot of companies that can start off and quickly get to a Rs 20-30 crore profit. But to get to a Rs 100-crore number requires something special by way of execution capabilities.

If a company has reached that Rs 100 crore, it shows that the business model is scalable and that the management has already proved itself. This is one segment of the market where you may find many opportunities. The PEs aren't rich and yet the growth potential is quite high.

Will companies be able to sustain high earnings growth with material prices rising and interest costs too heading up?

Yes, one portion of that excess earnings growth is coming from the earnings swing in commodity companies. Tata Steel has moved from a loss into profits this year and Reliance will reap the benefits of its gas finds this year.

Of the 25 per cent earnings growth estimated for the Sensex, about 7 per cent will come from the commodity change or ‘delta'. However, there is a significant other element too.

For instance, financial services now make up 25 per cent of the index and they are growing quite consistently. I believe inflation and interest rates are the two key risks to the outlook. Inflation, beyond a point and particularly in oil, is a concern. With oil at $81-82, no one is talking about it; but if it climbs to $90, the alarm bells will start ringing.

Rising oil prices have an effect on inflation, corporate earnings and the fiscal deficit as well, it can crowd out investment.

On interest rates, fixed income managers have the view that interest rates may not go up beyond a point. However, I think these risks can be managed through stock selection.

Commodity stocks have been the outperformers in the recent rally. What's your view on them now?

The sector is very difficult to predict.

The big structural change is that until the end of the 1990s, commodity prices were a function of genuine supply and demand.

This decade they have become an asset class, leading to more investment flows into the commodities. Our view on commodities is cautious. We did not participate fully in this big rise in materials.

Where we've all gone wrong is in predicting the ‘delta' in earnings of commodity companies over the past year. But commodity stocks are usually a momentum play and it is difficult to take a long-term view on them.

On pure fundamentals today, I would say commodity stocks are expensive. However, we have seen in the past that commodity stocks can get dramatically overvalued before they correct.

You've just launched a new fund that plans to focus on just 25 stocks. What underpins this idea?

Our analysis showed that there is a significant return divergence in the Indian market — across market capitalisation, sectors, and companies. When divergence is that high, you need stock selection capability; we run several equity funds with a good record. Therefore, we decided to launch a fund which will pick just 25 stocks out of the top 200 stocks in the market.

When you manage a 25 stock portfolio, there is limited room to diversify or hedge yourself. You tend to go with your high conviction ideas. It is a challenge for the investment team to deliver that portfolio. Currently all our funds are very diversified with 65-80 stocks, as we want our funds to be consistent in their returns. This is a product with potential for high returns, with possibly a bigger swing in returns. It is not meant for conservative investors.

What sectors would you be overweight on, at this juncture?

Banking and financial services will be largest exposure in the new fund's portfolio, given that it is such a large weight in the index. The next 3-5 years appear quite bright for the sector. Energy is the next largest weight in the index, but the view on energy is a little more mixed with government policy playing a big role. Capital goods is another area we are positive on, mainly based on the capex cycle picking up. The IT sector is also a big weight. Over the next couple of years, the sector will be supported by strong volume growth and pricing increases too will follow. The currency factor is negated at least partly by the flexibility that companies have on utilisation rates.

A 1 per cent increase in utilisation rate tends to neutralise a 1 per cent appreciation in the rupee. Take Infosys and look at its numbers over the past ten years.

Despite all the currency fluctuations, their operating profit margins have not varied by more than 1 per cent on account of currency changes.

We've seen a reshuffle of the PEs that sectors enjoy over the past one year. Consumer-oriented sectors such as autos and FMCGs have been rerated while infrastructure and capital goods have lagged a bit. Where would your preferences lie today?

The call has to be stock-specific. We believe that infrastructure stocks did get a trifle overrated during the previous bull market. Even today, the sector is not exactly cheap. I'm positively inclined towards capital goods and infrastructure, but I'd like to be very selective. I think you cannot play the entire theme today as you did two years ago; you need to invest in specific pockets within the theme.

RISHI LASER CUTTING

BUY DELIVERY OF RISHI LASER CUTTING
BSE CODE 526861
CMP 59 TGT 120
Rishi Laser is a dedicated vendor to construction equipment sector such as L&T Komatsu, JCB, Caterpillar, BEML, and Power T&D players like ABB, Areva, Crompton, Alstom, and Tata Motors, and also caters to the Railways with supplies to Bombardier Transportation for metro coaches.
With good order backlogs of engineering majors L&T, Bhel, BEML and JCB, these players cannot do the entire job on their own. These giants require dedicated vendors like rishi laser who can work with them as close as possible and provide the desired quality support, which they require at appropriate time.
if you believe infra structure story then this ancillary company will do well .
buy long term delivery with double target from current price of 59

Buffett makes good bets, bad bets

On Friday April 30, 2010, 7:26 am EDT

(Reuters) - Warren Buffett may be the world's most famous investor, but even he doesn't get everything right.
Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News), the insurance company Buffett has run since 1965, owns roughly 80 companies and invests in dozens of stocks.
It is sometimes said that even the best investors might get only six out of every 10 bets right. So while shareholders who have stuck with Buffett, 79, for the very long haul have been amply rewarded, the ride has not always been smooth.
The following are a handful of Berkshire's investments over the years -- the good, the bad and the unknown.
THE GOOD
* In 1976, Berkshire began accumulating an equity stake in auto insurer Geico Corp, 24 years after selling an earlier stake for $15,259. It finished buying Geico in 1996. The acquisition brought aboard Tony Nicely, who still runs Geico and whose leadership Buffett has lavishly praised, and Lou Simpson, whom Buffett has said could replace him as Berkshire's chief investment officer but for the fact that he, too, is in his 70s. Geico has roughly tripled its U.S. auto insurance market share to 8.1 percent since Berkshire bought the entire company. The insurer generated about 12 percent of Berkshire's revenue in 2009.
* In 1989, Berkshire bought $600 million of preferred stock in Gillette Co, the razor blade maker that had been hurt by the introduction of disposable razors. In 2005, Gillette was acquired by Procter & Gamble Co (NYSE:PG - News). Although it sold some Procter & Gamble shares in late 2009 to fund other investments, Berkshire at year end still held a 2.9 percent stake worth $5.04 billion, and for which it had paid just $533 million. While Buffett in his 1995 shareholder letter called Gillette "our best holding," he also said he made his "biggest mistake" by opting to buy preferred stock rather than common stock.
* Berkshire owns 200 million Coca-Cola Co (NYSE:KO - News) shares, an 8.6 percent stake it had amassed by 1994. The stake was worth $11.4 billion at year end. Berkshire paid $1.3 billion for it.
THE BAD
* In 1993, Berkshire bought Dexter Shoe for $433 million in stock. Eight years later, it folded the struggling company into another business. In his 2007 shareholder letter, Buffett called Dexter Shoe "the worst deal that I've made."
* In 2008, Buffett amassed a large stake in oil company ConocoPhillips (NYSE:COP - News), not expecting oil prices to fall by about three-fourths from their record high. Berkshire spent $7.01 billion on Conoco shares, but has been reducing its stake. "The terrible timing of my purchase has cost Berkshire several billion dollars," Buffett said last year.
THE UNKNOWN
* Buffett has entered into derivatives contracts, most of which are essentially bets on the long-term direction of stocks and junk bonds. He has said these contracts differ from other derivatives that are "financial weapons of mass destruction" in part because of the billions of dollars of premiums he collects upfront from counterparties, and because Berkshire generally does not need to post collateral.
Berkshire has four major types of contracts:
-- Berkshire has equity index "put" options tied to where the Standard & Poor's 500, Britain's FTSE 100, Europe's Euro Stoxx 50 and Japan's Nikkei 225 trade between June 2018 and January 2028. At year end, Berkshire had a $7.31 billion paper liability on these contracts and said it could in theory owe $37.99 billion if the indexes all went to zero.
-- Berkshire has contracts tied to credit losses in higher-risk "junk" bonds, which at year end were on average expected to mature in two years. At year end, Berkshire had a $781 million paper liability on the contracts and said it could in theory owe up to $5.53 billion.
-- Berkshire wrote credit default swaps on various companies, mostly investment-grade. At year's end, Berkshire had no liability on these contracts.
-- Berkshire entered into tax-exempt bond insurance contracts structured as derivatives. At year end, Berkshire had an $853 million liability and $16.04 billion of potential losses. The bonds are largely secured by states' taxing and borrowing power.
* In September 2008, at the height of the financial crisis, Berkshire acquired $5 billion of Goldman Sachs Group Inc (NYSE:GS - News) preferred shares that throw off a 10 percent dividend, plus warrants to buy an equivalent amount of common stock. The warrants carry a strike price of $115. Goldman shares closed Tuesday at $153.04, and those warrants are well in the money.
(Reporting by Jonathan Stempel; Editing by Steve Orlofsky)

Copyright © 2010 Reuters Limited. All rights reserved. Republication or redistribution of Reuters content is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

ARTICLE FOR A TRADER - FEARLESS & PROFITABLE TRADING

Everyone is a little afraid of losing. It's natural. You've worked
hard to earn enough capital to trade, and it is reasonable to worry
about losing it. But winning traders are objective when it comes to
trading capital. Losing doesn't faze them. Some of the biggest winners
are fearless. In her book, "On Becoming Fearless...in Love, Work, and
Life," Arianna Huffington offers advice on how to become "fearless
about money." Ms. Huffington astutely observes, "It is impossible to
be fearless about money if we don't value other parts of our lives and
ourselves more than we value our bank accounts."


Market observers have long observed that when traders need to make
profits to maintain a highflying lifestyle, they usually choke under
the pressure. Winning traders learn how to look at trading capital
coldly and objectively. But as Ms. Huffington notes, "it's hard to be
fearless about something that is so elemental, so wrapped up with
survival." Not only are some people unable to view money objectively,
they have deep seated psychological conflicts about money. For
example, "poverty consciousness" is a problem for many. Poverty
consciousness is the fear that no matter how much money you have, it's
never enough. The idea of possibly losing it all can "fill us with gut
wrenching terror," according to Ms. Huffington. Poverty consciousness
can at times act as a motivator to drive us to accumulate so much
wealth that we will never face poverty again, but many times, it is a
constant source of anxiety.

For people with poverty consciousness, money takes on symbolic
meaning. Money may act as a social barometer of how well we are doing,
or it may become associated with security, freedom, and choices. As
true as this may be, it is the root of fear. It's hard to stay
objective when significant psychological meaning is placed on money.
For some people, the pursuit of money reflects a way of coping with
fear. The quest for money may represent emptiness in one's life. When
money has such symbolic meaning, a person can never have enough money.

How do you overcome your fear about losing money? "True fearlessness
about money can come only when we are not driven by an insatiable
desire for security," according to Ms. Huffington. Instead, a person
must live a life driven by passion and purpose, regardless of
financial circumstances. When you are passionate about something, it
will override your fear of poverty. If you have abundant passion,
abundant optimism, and abundant nerve, you will overcome your fear of
losing.

In the end, our happiness depends on whether or not we find our lives
meaningful, or at the very least, inherently rewarding. We must do
something significant with our lives. It doesn't necessarily have to
be significant like becoming the leader of a country or an
inspirational guru, but in our own way, we must make some sort of
contribution. We must believe that we have our own place in the world
and that it is important. Money isn't everything. It's the process of
how we live that matters, not the prize. It is much more satisfying to
pursue objectives for the pure joy of pursuing them, regardless of how
much money you can make. Winning traders are motivated by the inherent
rewards of trading rather than profits. It's common to hear winning
traders say, "I love trading so much that I would do it for free if I
had to." They find trading personally meaningful. The markets
fascinate them. Market action is intrinsically interesting. It is a
rewarding intellectual challenge to devise innovative new trading
strategies, and seeing how well your ideas pan out is exciting and
enjoyable, regardless of whether you win or lose. Viewing trading from
this perspective can act as powerful motivators. Individuals who
pursue trading in this way are more likely to feel satisfied and can
more easily manage the extreme stress the market is infamous for
producing. When you aren't focused on the profits, it's easier to stay
calm and focused. The money, and possible losses, is either secondary
or not an issue at all. Successful traders love the challenges the
markets offer and view their work as meaningful. And because they are
doing what they love, they are fearless.

MITUL SHAH
9879586722 
8128988722 

StopLoss

It is a universal fact of trading that stoploss are compulsory and they command a significant weight age in your overall trading strategy. It is an almost compulsory ingredient in the trading recipe.

Why put a stoploss to any trade?

1.  To keep moving in your trading activity.
2. To keep trading stocks turning into investment stocks.
3. To limit your loss per trade.
4. To make sure you are able to go to market next day.
5. To remain devoid of loss-aversion bias.
6. To experience the real joy of getting a profit at target.
7. To develop confidence. And By Swear, confidence and courage is developed taking a loss. Only profits makes a trader arrogant, and overconfident.
8. To make sure you give least fee to learn in the market.
9. It is called a ‘stoploss’ because it is meant to ‘stop’ loss. Won’t you want to ‘stop’ loss or ‘continue’ loss?
10. Many fear from stoploss. Many don’t keep one even if given. Such traders are bound to LOSE and be expelled from market sooner or later.
11. Many times markets and prices Spike. This Spike can kill a trader. It can wipe you out and throw you away of market. Stoploss limits are most useful at such instances when even a trader sitting in front of screen cannot execute a trade at his desired price. In trading Black swan events happen frequently. If we have accustomed ourselves to see an XYZ stock rise or fall within 2% range daily, we tend to believe it to be its skintight range forgetting that it could spike 10-20 %up or down any time. This type of bias also keeps one from putting a stoploss limit. They think ‘they know the price-range’.
12. The rule is simple. ‘Continue’ the profit, ‘Stop’ the loss.

Later on we will go into some Specific Points such as,

1.    How to put a primary SL?

2.    How to put a trailing SL?

3.    What should be the ratio of SL limit to TGT limits.

4.    How much profit to book at 1 st TGT?

5.    How much profit to book at 2 nd TGT?

There is also another interesting debate regarding “Keeping stoploss limit in investments.” I am doing my homework and trying to find references, and experimenting practical and putting in place empirical studies to try to figure out the ‘SL for investors’ thing.

37 Money Quotes

1."Money is something you have to make in case you don't die."

-Max Asnas

2."A bargain is something you can't use at a price you can't resist."

-Franklin Jones

3."Whoever said money can't buy happiness simply didn't know where to go shopping."

-Bo Derek

4."Money can't buy you happiness but it does bring you a more pleasant form of misery."

-Spike Milligan

5."Money is better than poverty, if only for financial reasons."

-Woody Allen

6."A bank is a place that will lend you money if you prove that you don't need it."

-Bob Hope

7."When I was young I used to think that money was the most important thing in life and now that I am old, I know it is."

-Oscar Wilde

8."I've been rich and I've been poor: Rich is better."

-Sophie Tucker

9."What's the use of happiness? It can't buy you money."

-Henny Youngman

10."Money can't buy friends, but you can get a better class of enemy."

-Spike Milligan

11."I believe in the Golden Rule — The Man with the Gold . . . Rules."

-Mr. T

12.The hardest thing in the world to understand is income tax.

-Albert Einstein

13.I have never been in a situation where having money made it worse.

-Clinton Jones

14.October: This is one of the particularly dangerous months to invest in stocks. Other dangerous months are July, January, September, April, November, May, March, June, December, August and February.

-Mark Twain

15.It’s morally wrong to allow a sucker to keep his money.

-WC Fields

16.Women prefer men who have something tender about them - especially legal tender.

-Kay Ingram

17.Finance is the art of passing currency from hand to hand until it finally disappears.

-Robert W. Sarnoff

18.You can’t buy love, but you can pay heavily for it.

-Henny Youngman

19.When a person with money meets a person with experience, the person with the experience winds up with the money and the person with the money winds up with the experience.

-Harvey MacKay

20.The only thing money gives you is the freedom of not worrying about money.  Johnny Carson

21.Be glad that you’re greedy; the national economy would collapse if you weren’t. 

-Mignon McLaughlin

22.Money can’t buy happiness; it can, however, rent it.

-Author unknown

23.A bank is a place where they lend you an umbrella in fair weather and ask for it back when it rains.

-Robert Frost

24.It is in the character of very few men to honor without envy a friend who has prospered.

-Aeschylus

25.If hard work were such a wonderful thing, surely the rich would have kept it all to themselves.

Lane Kirkland

26.Don’t stay in bed, only prostitutes make money there.

-Vijay Mallya

27.It isn’t enough for you to love money; it’s also necessary that money should love you.

-Kin Hubbard

28.Someone stole all my credit cards, but I won’t be reporting it. The thief spends less than my wife did.

-Henny Youngman

29.When its a question of money, everybody is of the same religion.

-Voltaire

30.I finally know what distinguishes man from other beasts: financial worries.

-Jules Renard

31.I have enough money to last me the rest of my life, unless I buy something. 
-Jackie Mason

32.Money costs too much.

-Ross MacDonald

33.He that is of the opinion money will do everything may well be suspected of doing everything for money.

-Benjamin Franklin

34.A man explained inflation to his wife thus: 'When we married, you measured 36-24-36. Now you're 42-42-42. There's more of you, but you are not worth as much.' 

35.You can be young without money but you can't be old without it.

36.The greatest luxury of riches is that they enable you to escape so much good advice. 

37.If you can count your money, you don't have a billion dollars. 

MITUL SHAH

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