5 Trading Rules by Jesse Livermore: 1) Markets are never wrong.2) Never average losses.3) Trade only when there’s a clarity of trend.4) If your position keeps you awake, you are yet to learn position sizing.5) Trade with a stop loss and know it before entering the trade. Old school but the evergreen rule:Book profits periodicallyContinue reading “Learning to Trading”
Tag Archives: #investing
GAME OF TAXES
In the world of taxes unfortunately the people that pay the highest taxes are employees and self employed people because they don’t have many deductions. They don’t have money deductions they can take to offset their income against the taxes so the people that benefit are buisness owners and investors who pay alot in lessContinue reading “GAME OF TAXES”
BUY RIGHT SIT TIGHT
Infosys fell from 200 rs to 40 rs before going to 1800 rs.ICICI Bank dropped from 260 rs to under 49 rs before going to 750 rs.Ultratech cement went from 1100 rs to 280 rs before going to 8070 rs .THE TRICK ISN’T JUST PICKINGTHE RIGHT INVESTMENT ; IT’SHOLDING THEM
HOW TO BE BLACK BELT INVESTOR USING BRRRR METHOD
THE BEST INVESTMENT ON EARTH IS EARTH ๐ BRRRR stands for โbuy, rehab, rent, refinance, repeat.โ In other words, the smart investorโs investment cycle. The BRRRR (Buy, Rehab, Rent, Refinance, Repeat) Method is a real estate investment strategy that involves flipping distressed property, renting it out, and then cash-out refinancing it in order to fundContinue reading “HOW TO BE BLACK BELT INVESTOR USING BRRRR METHOD”
You can bet on it , it’s coca-cola
Did You Know that If you tasted one different beverage owned by The Coca-Cola Company every day, then it would take you more than 10 years to try every single beverage that they make? Coca- Cola owns more than 4,000 beverages in total approx 500 different brand names. P.S. – Varun beverages handles all theContinue reading “You can bet on it , it’s coca-cola”
Game of investing
To be rich in the stock market, you must have: 1) Nazar (to identify the right stock) 2) Jigar (to press the button and enter a stock) 3) Sabar (to hold the stock) If you have none of the above and you rely on random “Khabar”,The stock market will soon dig your “Kabar. ๐
Financial wisdom
Good Company’s poor quarter is an opportunity to add Poor Company’s good quarter is an opportunity to exit
Fibonacci Retracement Tool
Entering into stock using Fibonacci retracement :- 1. Go to Fibonacci retracement tool .2. Place it from last low of candle to the last high of candle 3. Once the price is retraced, touch .38 line THAT IS YOUR ENTRY ZONE
Asian paints – leading in paint sector
Asian Paints does not have the best product in the industry, but they still dominate the paint sector. This is happening because the enormous data that the company has collected over the decades. The process this data using a supercomputer that the company bought for 8 crore back in the 1970. Take an example ,Continue reading “Asian paints – leading in paint sector”
Lesson to learn
Uday Kotak had tasked Falguni Nayar to expand Kotak Mahindra Finance Limited (which she did) and then she headed Kotak Investment Banking In 2012, she left to start Nykaa. Now Kotak Investment Bank is the IPO lead manager to her company Nyka What a massive progress & acheivement..!!!