CUMMULATIVE EFFECT OF MONEY MAKING

 

TOP TRADERS WINNING PSYCHOLOGY.....

The Top 10 Traders of the World Share Their Stories and Lessons

Success in trading is not a game of luck but requires years of experience.  We have compiled a list of great tips from the top 10 investors and billionaire masterminds from around the world.

1.  Jesse Livermore

“Do not anticipate and move without market confirmation—being a little late in your trade is your insurance that you are right or wrong.”

Livermore is the author of “How to Trade in Stocks.”  In 1929, he was worth more than $100 million, which is almost $1.5 billion to $13 billion, depending on the index you use.  He is still famous in the trading chat rooms for making some of the best stock market trading decisions in the history of US Stock Market.  His fortune swelled to a whopping $100 million after he sold the stocks right before the market crashed in 1929.  His mantra was to play the market only when the factors were favorable.  He was a low-frequency player, who studied and truly understood the pulse of the market and other traders.

2.  Ed Seykota

“In order of importance to me are: (1) the long-term trend, (2) the current chart pattern, and (3) picking a good spot to buy or sell. Those are the three primary components of my trading.”

Seykota converted a meager $5,000 investment into an unbelievable $15,000,000 in his client account.  In the early 70s, he designed and standardized a commercial programmed trading system.  He was the first one to emphasize the price action patterns and chart patterns in the trade market.  Seykota’s success came from an intense focus on patterns.

3.  Richard Dennis

“Trading has taught me not to take the conventional wisdom for granted. What money I made in trading is testimony to the fact that the majority is wrong a lot of the time. The vast majority is wrong even more of the time. I’ve learned that markets, which are often just mad crowds, are often irrational; when emotionally overwrought, they’re almost always wrong.”

Dennis was the “Prince of the Pit,” who made $200 million from $1600 in a decade.  He founded the Turtle Traders, a 21 member group that went on to redefine the idea of traders.  Richard Dennis and William Eckhart appointed 21 average people and taught them the tricks of the trade. They proved to everyone that success is not something you are born with; anyone can succeed with the right training and mentors.

4.  Paul Tudor Jones

“Don’t be a hero.  Don’t have an ego.  Always question yourself and your ability. Don’t ever feel that you are very good.  The second you do, you are dead.”

In 1986, Jones predicted the cataclysmic crash of the US stock market.  As a result, he made as much as $100 million from the 1987 Black Monday crash.  It is one of the largest US stock market decline in a single day.  While hundreds of people suffered from the crash of their fortunes, Tudor Jones walked away with millions in his pockets.  He offers a very realistic piece of advice to all traders—to walk away from an account that is bleeding money.  Sometimes, you’ve just got to cut your losses.

5.  George Soros

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

Soros is the Oracle of the stock market. He invested $10 billion on single currency trade in 1992. His profit on the transaction reached an incredible $2 billion.  He is still the “man, who broke the Bank of England.”  George Soros is a great example of market iconoclasts, who are not afraid to play against the odds, even when the whole world says otherwise.  You’ve just gotta go with your gut.

6.  Jim Rogers

“Acknowledge the complexity of the world and resist the impression that you easily understand it. People are too quick to accept conventional wisdom, because it sounds basically true and it tends to be reinforced by both their peers and opinion leaders, many of whom have never looked at whether the facts support the received wisdom.”

Jim Rogers co-founded Quantum Fund with George Soros.  He has made his billion-dollar empire patience and calm decision making.  His trading principles are old school.  He does not believe it is crucial for traders to pay attention to the bulk they are trading.  It is alright to trade less than your competitors and wait for the one opportunity of a lifetime.

7.  Stanley Druckenmiller

“I believe that good investors are successful not because of their IQ, but because they have an investing discipline. But, what is more disciplined than a machine? A well-researched machine can make many average investors redundant, leaving behind only the really good human investors with exceptional intuition and skill.”

George Soros hired Druckenmiller in 1988 to take charge of the Quantum Fund from Victor Niederhoffer.  He also made over a billion dollar of profit from shorting British Pound Sterling in 1992.  He teaches the aspiring traders that it is alright to have a few losers in the portfolio.  A true trader always focuses on the overall risk to reward ratio.

8.  John Paulson

“Stock market goes up or down, and you can’t adjust your portfolio based on the whims of the market, so you have to have a strategy in a position and stay true to that strategy and not pay attention to noise that could surround any particular investment.”

John Paulson rose to fame in 2007, when he decided to bet against the mortgage-backed securities.  He made a profit of over $4 billion personally, and that convinced the world that he was one of the greatest traders in history!  Well, he wasn’t wrong.  The simplicity of his trading principle: always buy low and sell high.

9.  Ray Dalio

“I learned that if you work hard and creatively, you can have just about anything you want, but not everything you want.  Maturity is the ability to reject good alternatives in order to pursue even better ones.”

Raymond Ray Dalio is a hedge fund manager, philanthropist, and a billionaire.  He has made the 2018 top 100 world’s richest people list by making the correct investment decision every time.  According to Dalio, young traders lose money because they have “an ego sensitivity.” Trading with emotion often leads to losing trades and terrible investment decisions.

10.  Warren Buffet

“Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can’t produce a baby in one month by getting nine women pregnant.”

There is no top 10 investor billionaire list where Warren Buffet does not feature.  He is the “Oracle of Omaha”—one of the most successful traders of all times.  He has given away $32 billion to charity (99% of his fortune).  Buffet’s empire comes from a trading style which is all about waiting patiently for the right moment.

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https://theutopianlife.com/2018/06/27/the-top-10-traders-of-the-world-share-their-best-stories-lessons-and-quotes/

NIFTY HAS TO CROSS 11150

27*2*8*19 WK	5*9*819 WK	13*16*819 WK	MARKET MOVED, LAST WEEK
1195	1183	1183	NIFTY BEES HIGH HAS NOT CROSSED PREVIOUS BUT LOW INCREASED
1144	1142	1155	LIKELY TO MOVE UP AS 3 WEEK CONSOLIDATION HAPPENED
51	41	28	THE RANGE IS  MAINTAINED DESPITE 3 DAY   ACTION
3035	2923	2917	BANK BEES  HIGHS AND LOWS ARE NOT TAKEN UP
2835	2803	2829	BUT CONSOLIDATION CAN BE SEEN
200	120	88
11311	11181	11146	NIFTY HAS TO  CROSS 11150 TO TOUCH 11230-50 RANGE
10849	10783	10902	LOW SHALL NOT FALL BELOW 10850
462	398	244
29593	28603	28358	STRUGGLING TO CROSS 28500
27936	27389	27658	UNLESS CROSS 28900 BANK NIFTY IN BEAR GRIP
1657	1214	700

THE QE/FINANCIAL  SUPPORT TO BOOST THE ECONOMY IS ON THE CARDS. THE BUDGET PROPOSALS HAS DENTED THE MARKETS TO THEIR 1st POSSIBLE LOWS.

Now markets likely to be in the range AS index MOVERS ARE IN CONSOLIDATION MODE, RELIANCE WILL BE IN A RANGE/FALL,  as AUTOs 🚗🛺🚌🏍🛵to move up and IT COUNTERS MAY SEEK LOWER LEVELS.

US AND EUROPE MARKETS ARE LIKELY TO FALL/CONSOLIDATE AS NO BIG POSITIVE TRIGGERS ARE NOT VISIBLE.

The metals may see consolidation with 5% downward risk but the future is very bright for JSW, JSPL and Tata steel.

OVERALL MARKETS WILL BE ON THE MOVE TO CROSS 1460-80-1530 RANGE IN DAYS TO COME, SO BE ON THE LONG SIDE TO AVOID BIG MISTAKES.🎈😎

WEEKLY UPDATE:05-08-19 TO 09-08-19

thanks to Chart ink- 3 yrs weekly chart

Indian indices first time after 3rd June NIFTY Top @  12103+

THEN THERE WAS A CLEAR NEGATIVE DIVERGENCE ON WEEKLY CHART ADDED WEIGHT ON THE DOWNSIDE TO TOUCH A LOW OF 10783 DURING THIS WEEK.

Now the positive sign is that the white candle has covered more than 80% of previous week range

Previous week Fall (Red candle) was 11311 to 10849 a fall range of  462 points

Current week (White candle) a rise from 10783 to 11181 range of  points 398 points

weekly average is @ 10966 and the closing base @ 10987

while the Nifty closed @11110 

The whole market is in the bear grip but the lower level bounce can be a short-term up move for lower-level consolidation. 

Multibagger stock

THE VERY FUNDAMENTAL ASSUMPTION OF STOCK INVESTMENTS (for that matter any investments) ARE TO MAKE MONEY WITH SUITABLE PORTFOLIO OVER A PERIOD OF TIME. MANY RETAIL INVESTORS QUITE OFTEN FAILED TO RECOGNIZE THE BASIC RISKS INVOLVED AND ALSO IGNORE THE FUNDAMENTAL RULES TO BE STRICTLY FOLLOWED TO MAKE MORE MONEY FROM THE STOCK MARKETS.

Ace Investor Ideology:

Every Investor bestowed with equal opportunities to make lots of money from stock market investments provided think & invest like an institutional investor does. No matter how big or small money available for investments, doesn't matter whether BUY a small-cap, mid-cap or Large-cap but the approach to investments in markets makes a person rich or multi-millionaire.

Most of the stock market retail investors follow their legendary investors stock investments. It is not wrong to follow a successful investor's ideology but what matters most is the suitability to one's needs and requirements. So always understand the concepts of an Ace Investor strategy & sector allocation then develop a workable strategy that suits well but don't just follow blindly.

Who Rules...?

The Stock price action gets activated from Low to High and High to Low due to a determined tussle between BULLs & Bears that enables smooth transfer/exchange of VOLUME to acquire/offload the stock. During good times BULLs command the most, while BEARs take charge when gloominess runs but the underlying attraction point that turn tables is neither Bulls nor Bears but the PRICE. The STOCK PRICE attracts the interested parties to become BULLS or BEARS to command and enjoy the future returns. The possibility and future prospects propel the participants to decide their position and sustain their view till the PRICE reaches its realistic value.

Trade the Price:

Stock trading/investments open the doors of opportunities to many players like Day-traders, Swing traders, Positional traders, retail/small investors & Institutional investors..etc with a bouquet of investment opportunities in different companies in various sectors. The growth stocks always build their strong base during the times of bad periods/recession time and emerge as winners and find pinnacle place as tide turns their favour with a tag as most sought/favoured stocks. It is always advisable to "Trade the Price" to make more money from markets even in multi-bagger stocks once the valuations reach very high. In case the overall market take a Southward journey, these counters also deserve a trade but don't exit from the stock. This situational position sizing and building the portfolio is very important to enjoy long-term multifold returns. (Ex: Recently Rakesh Jhunjhunwala sold Delta Corp at Rs 160+ levels range and re-entered @ Rs105+)

Build Capacity to Hold:

The capacity to hold with large quantities for a reasonable period makes a big difference in enjoying the multi-bagger stocks upward journey. Many seasoned investors know that the Elliot principle plays a big role and most retail investors get out of the stock during the first leg of the up move or in the retracement levels.

Many successful investors who learned hard lessons from their experiences shared the importance of Position sizing. Their initial investment experiences are bitter to digest and some blew their accounts with an anticipation to make HUGE profits in short period, turned sour. The psychological exuberance while buying blue-chips and excitement to hold large quantities of quality stocks for multi-bagger returns encouraged them to ignore current high valuations. All the more, got trapped in LEVERAGE loop, find it hard to hold for a longer period during the downfall forced them to exit for a loss or nominal profits from that possible multibagger counters. These experiential situations are common to many investors.

MULTI-BAGGER INVESTMENT STRATEGY:

NO-DOUBT, STOCK-MARKETS ARE ONE OF THE BEST AVAILABLE AVENUES FOR INVESTMENTS TO SMALL INVESTORS TO LARGE INSTITUTIONAL PLAYERS. THE STOCK-MARKET INVESTMENTS MADE IN MULTI-BAGGER COMPANIES, MANY A TIMES REWARD INVESTORS WITH MANY FOLD RETURNS TO THOSE WHO “SPOT THE RIGHT OPPORTUNITY AT THE RIGHT PRICE” AND POSITION THEIR INVESTMENTS ACCORDINGLY.

• The multi-bagger companies carry a unique business model with high-end products&services and less competition "Buyer Requests & Seller Demands" mode.

Ex: 8K Miles (Rs 18 Low in 2012,Rs 2550 High in 2016)

• Once, well-established companies ran into doldrums with underutilized capacities, later get a new drive, turn-around story with better economic prospects to garner the unfolding opportunities.

Ex: INDO COUNT INDUSTRIES (Rs 5.0+ Low in 2012,Rs 1248+High in 2016)

• Management rejuvenate their entire team with positive energies to increase revenue and profitability with 20-35% QoQ growth.
• The stock hardly falls from the consolidated floor price range gained in its upward journey

Conclusion: There are many good stocks available in Indian stock markets to become multi-baggers in next 3-5 Yrs. It is very important to identify good stocks to BUY and Hold, but at right price is even more important.

HOUSING DEMAND AS ECONOMIC REVIVAL!!

Housing for all gets Rs 82,000 cr boost

By KA Badarinath Mar 24 2016 , New Delhi

Tags: Policy

Govt to use socio-economic data to spot beneficiaries

The central government’s ambitious ‘housing for all by 2022’ plan got its most major boost on Wednesday. The Union cabinet gave its green signal to prime minister Narendra Modi’s pet initiative to build one crore pucca houses in rural India with an investment of Rs 82,000 crore in the next three years.

Briefing newsmen, communications minister Ravishankar Prasad said all poor people — below or above poverty line — without houses or those living in dilapidated houses, would be eligible for financial assistance under the pradhan mantri awaas yojana (PMAY).

Huge investment planned for rural housing is expected to give a big boost to the construction industry, 250 other ancillary industries, generate millions of semi-skilled and unskilled job opportunities, apart from spreading transport services in rural areas.

The government expects that houses for rural poor would positively impact education and health apart from nutrition, sanitation and over all economic security.

President Pranab Mukherjee in his address to Parliament on May 2014 gave the first hint of government’s resolve to provide houses for all by 2022 with water, electricity, sanitation and access to public services.

Finance minister Arun Jaitley followed up this address with an action plan in his budget for 2014-15.

Under the project, rural houses would be built across the country, barring Delhi and Chandigarh, where the cost would be shared between the Centre and states in the ratio of 60:40.

In northeastern states and hilly areas, the Centre will pay for 90 per cent of the construction costs, while 10 per cent cost would be borne by states. Hitherto, Indira awaas yojana, under which assistance up to Rs 75,000 per household was available, would now be subsumed into the PMAY. Under the earlier scheme, about 351 lakh houses were built with an investment of over Rs 100,000 crore.

Under PMAY, Rs 1.2 lakh would be provided as assistance to those seeking to build houses on plains. This amount will be enhanced to Rs 1.3 lakh per family in inhospitable terrain and hilly areas. Apart from budgetary funds, additional finances worth Rs 21,975 crore will be mobilised through Nab­ard to be amortised through annual budgets after 2022.

The government will use socio-economic and caste census data of 2011 to identify rural beneficiaries for houses under the project. It will also set up a technical su­pport agency to ensure that one crore houses are constructed. To ensure transparency, the government plans to get the list of beneficiaries vetted by gram sabhas. Village panchayats will offer reasons for any changes made to this list.

badarinath@mydigitalfc.com

http://www.mydigitalfc.com/policy/housing-all-gets-rs-82000-cr-boost-065
badarinath@mydigitalfc.com

HIMADRI CHEMICALS

Quarterly results in brief

(Rs crore)

	Dec' 15	Sep' 15	Jun' 15	Mar' 15	Dec' 14
Sales	305.51	310.18	275.92	341.86	326.95
Operating profit	53.50	35.92	16.71	6.47	29.01
Interest	25.42	30.37	27.50	16.22	30.34
Gross profit	25.96	1.83	-14.19	-10.90	-0.19
EPS (Rs)	0.15	-0.25	-0.52	-0.41	-0.25

Himadri Chemicals & Industries Ltd, the flagship of Himadri Group, is the largest manufacturer of coal tar pitch in India. The company was founded to develop, manufacture and market chemical products with a special emphasis on coal tar and its derivatives. They supply coal tar pitch to well-known domestic aluminium and graphite industry players like Nalco, Balco, Hindalco, HEG, Graphite India and international players like Dubal, AOG, Graftech and SGL. The company is a leader in the domestic market for the supply of coal tar pitch and other by-products with around 70 percent share of the market. The company has five state-of-the-art coal tar distillation plants in India. The company has two plants in Howrah, West Bengal, one in Hooghly, West Bengal, one in Visakhapatnam, Andhra Pradesh and one in Korba, Chhattisgarh. Himadri Chemicals & Industries Ltd was incorporated as a private limited company in July 1987. In November 1991, the company was converted into a public limited company. In the year 1996, the company developed a technology for producing impregnating pitch and in the year 1997, they completed the expansion and modernization of their Howrah and Visakhapatnam plant. In the year 1999, the company set up third state of art coal tar distillation plant at Howrah. In the year 2001, they formed the corrosion protection division and starts manufacturing coal tar based pipe coating product at Visakhapatnam. In the year 2002, they introduced Liquid Pitch, which are supplied to the consumers in specialized and dedicated tankers. In the year 2003, the company set up their fourth modernized coal tar distillation plant at Hooghly with capacity to produce 1,20,000 MT of Coal Tar Pitch per annum. During the year 2005-06, the company commissioned a by-product plant in Hooghly for the manufacture of value added products. They   also commissioned a pilot plant for the manufacture of advanced carbon material used in lithium ion batteries with in-house technology.  The company expanded the production capacity of the coal tar pitch at Hooghly form 28700 MTPA to 63700 MTPA. The company commenced the supply of coal tar pitch to Dubai Aluminium co, manufacturer of the highest purity aluminium in the world. They also commenced a representative office in China. During the year 2006-07, the company incorporated a wholly owned subsidiary in Hong Kong to manage their customer presence and facilitate the acquisition strategy. They set up a plant at Korba in Chhattisgarh as a precursor. They commissioned two windmills, which can generate 2.50 MW wind energy in the Dhule district of Maharashtra. In the same year, the company completed the first phase of expansion at Mahistikry, West Bengal to manufacture naphthalene. Also, they installed a granulation unit used for cooling coal tar pitch from more than 300 degrees centigrade to atmospheric for onward conversion into solid pencil form. The company expanded the coal tar distillation capacity in Hooghly from 91000 MTPA to 170000 MTPA. During the year 2007-08, the company commissioned their melting plant in Korba plants to build dedicated melting facilities near major customers' plant to accelerate just-in-time delivery.  The company has undertaken a project at Mahistikry in West Bengal for the manufacture of Carbon Black with an annual capacity of 50000 MT and a capitive power plant of 12 MW capacity based on waste heat gas through forward integration. In September 2008, the company through their wholly owned subsidiary company, Himadri Global Investment Ltd entered into a joint venture contract, with Chinese company to takeover existing coal tar distillation plant in Xiaoyi, Shanxi.

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http://articles.economictimes.indiatimes.com/2012-02-06/news/31030975_1_capacity-expansion-himadri-chemicals-tonne-capacity
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http://articles.economictimes.indiatimes.com/2011-07-01/news/29726284_1_organic-growth-capacity-expansion-expansion-plans

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THANKS TO BS, REDIFF,ICHARTS AND ET FOR THEIR INFO SUPPORT.....