Wednesday, May 6, 2020

Back again - lot of changes n challenging times ahead

"Go out and face your fears by taking actions, making a mistake, learning from the mistake and growing mentally, emotionally and physically stronger from the process."😊

Moving Averages

Moving Average

Weekly chart - 26 WEMA (nearly 6 Month data)
Daily chart - 22 DEMA (nearly 1Month data)

Trading Signals
1). Direction of the slope
Pointing Upwards => Bullish => Go Long
Pointing Downwards => Bearish => Go Short

2). Buy near the EMA,
Place the stop loss below the EMA for long & Vice versa for shorts.

3). Dual EMA to identify trend and enter position.

Longer EMA indicate trend = > 22 DEMA
Shorter EMA indicate to enter position => 11 DEMA.

A). Buy when EMA rises and price closes above it,
Sell when Price closes below EMA.

B). Short when EMA falls and price closes below it,
Cover the shorts when price close above EMA.

Friday, December 21, 2012

Real education.

A real education will not teach you to be the first. It will tell you to enjoy whatever you are doing, not for the result, but for the act itself. Just like a painter or a dancer or a musician…

You can paint in two ways. You can paint to compete with other painters; you want to be the greatest painter in the world, you want to be a Picasso or a Van Gogh. Then your painting will be second-rate, because your mind is not interested in painting itself; it is interested in being the first, the greatest painter in the world. You are not going deep into the art of painting. You are not enjoying it, you are only using it as a stepping-stone. You are on an ego trip, and the problem is that to really be a painter, you have to drop the ego completely. To really be a painter, the ego has to be put aside. Only then can existence flow through you. Only then can your hands and your fingers and your brush be used as vehicles. Only then can something of superb beauty be born.

Real beauty is never created by you but only through you. Existence flows; you become only a passage. You allow it to happen, that’s all; you don’t hinder it.

But if you are too interested in the result, the ultimate result– that you have to become famous, that you have to be the best painter in the world, that you have to defeat all other painters hitherto– then your interest is not in painting; painting is secondary. And of course, with a secondary interest in painting you can’t paint something original; it will be ordinary.

Ego cannot bring anything extraordinary into the world; the extraordinary comes only through ego-less-ness. And so is the case with the musician and the dancer. So is the case with everybody.

Saturday, April 23, 2011

Share trading - 3 Blind men with the Elephants

A Hindu folktale tells of three blind men encountering an elephant. "It's a tree," says one, stroking a leg. "No, no, it's a snake," says another, feeling the trunk. "No, this must be a house," insists a third, spreading his arms against the bulk of the elephant's body.

All three had a different perception of the elephant based on the part they examined, and all three conclusions were wrong. The elephant was larger and more complex than any of the men realized.

A similar tale is told everyday in the market. Each market participant has different needs, agendas, histories, perceptions, and sees the market completely differently. As with the three blind men examining the elephant:

The Bear saw Friday's drop as a great vindication of his view and recovery of his position.

The Bull saw the action as a short pullback to add to or enter a long position.

The Day Trader saw the morning gap up as a great short set up, and the long saw the gap as a great exit from Wednesday's trade.

This is one of the challenges of our market debates; each one of us has a different perspective from which we are examining the same elephant. Each of us has a reason to interpret what we see and say to influence others or convince ourselves that we are right. No one is right or wrong but human nature is subjective, and thus leads to the creation of the market whereby both buyer and seller feel that they've been enriched 

ENTER THE HEART - Ramana Maharishi


A devotee who had suddenly lost his only son came to Bhagavan in a state of acute grief, seeking relief. He asked a few questions in which his grief was evident. Bhagavan, as usual, asked him to enquire into the Self and find out who is grieving. The devotee was not satisfied. Bhagavan then said, “All right. I will tell you a story from Vichara Sagaram. Listen”. 



TWO YOUNGSTERS BY name Rama and Krishna, told their respective parents that they would go to foreign countries to prosecute further studies and then earn a lot of money. After some time, one of them died suddenly. The other studied well, earned a lot and was living happily. Some time later the one that was alive requested a merchant who was going to his native place to tell his father that he was wealthy and happy and that the other boy who had come with him had passed away. Instead of passing on the information correctly, the merchant told the father of the person who was alive, that his son was dead, and the father of the person that was dead, that his son had earned a lot of money and was living happily. The parents of the person that was actually dead, were happy in the thought that their son would come back after some time, while the parents of the person whose son was alive, but was reported to be dead, were in great grief. In fact, neither of them saw their son but they were experiencing happiness or grief according to the reports they received. That is all. We too are similarly situated. We believe all sorts of things that the mind tells us and get deluded into thinking that what exists does not exist and that what does not exist exists. If we do not believe the mind but enter the heart and see the son that is inside, there is no need to see the children outside.

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