Teen Traders' Blog

Said Something ???

Sixty Seven MLAs in Bihar Today were suspended for “unruly” behaviour as slippers were flung at the speaker and pots flung around due to some usual  disagreements.

The politicians or the so-called “leaders”  which included 42 RJD MLAs, were suspended by Assembly Speaker Udai Narain Choudhry and marshaled out of the Legislative assembly one-by-one.

Guess what they were angry about?

Some financial irregularitiesin the state after a CAG report. The Opposition is now  demanding the resignation of Bihar chief minister Nitish Kumar.

But isn’t the same case in all or at least most of the states and government departments throughout the country.

TOI Reports

As the watch and ward staff lifted RJD MLA Bablu Dev, his colleagues rushed to his rescue. In the melee, a slipper was thrown towards the Speaker’s podium. It was not immediately known who had flung the footwear which, however, did not hit the Speaker.

Note the last line.  ..which however did not hit the Speaker.

I guess now even the media is tired of reporting the throwing of slippers or chappals on leaders which do not hit the leaders/politicians/scamsters.

The slingers should at least go for a confident shot which does hit the target or maybe play some Counter Strike before such ambitious and covert operations.

IF every Assembly starts showing such attitude due to the regular irregularities,  I guess all the assemblies will have to reserve,say, half-an-hour every session  for the slinging of slippers and pots. I think even the Politicians are tired of the regular slow,tedious and lame work that they do in every assembly. I really think they deserve some adventures like these in the assemblies.

Wot say??

Media and news is something very important for traders. Why am I emphasizing on listening, watching or reading to news so much? Because you need to know what the companies on the street are doing , planning to do, won’t be able to do or are quite capable to do. Companies have to justify every move they take to the Market Regulators such as SEBI or SEC. They therefore take shareholders consent before taking major moves. They announce their strategies, their projections and reports to the media. Hence media contains quite valuable information about the trajectory in which a stock or in a broader perspective, the market shall ride.

 So what we see in movies that one threatening sentences by companies(mainly fraudsters) change the course of their trajectory is many a times true. Not only Fraudsters but even when companies announce their quarterly or yearly results, the course of  their stock prices change. So staying alerted and informed is something that you should certainly not neglect.

The best way to research about the stocks is by looking around you. Look around yourself. Which company you think is doing great? Which companies you think can outperform its peers? In the end , investment is all about perception. One person sees opprtunity in something and the other person in something else. Both put money where they wish and the one person’s perception comes out to be true and the other guy dooms. The better you start understanding the environment and the happenings around you, the more you will know about the markets. Start thinking smartly.

It surely won’t be easy. Perceptions just don’t come with a flash. It will take time and even money. But be focussed. You will take wrong steps and commit mistakes. Sure you will but remember no pains without gains.

And stay infromed.Read ,watch the news often. The one thing that shapes your perceptions are your thoughts which in-turn come from what you hear see and listen. Click here

What if you don’t want to do your Homework or you don’t have the time to do your homework , then maybe the stock market is not for you. Put that money into Fixed Deposit or a low-risk Mutual Fund and forget it. Be happy with the returns the low risk Fund manager gives you. Just Remember this-

“ NOTHING COMES EASY.”

 Investing is just like any other business. You have to give time and efforts to it. But the benefit in investing is, you can do it side-by-side your existing area of work. So you don’t need to quit your job to start investing in the stock markets. But that is not the case in businesses. In a business, you will have to give up your job or else you don’t have a chance to succeed and take your company to the desired levels. All you need to do is devote some time of the day to search for market fundamentals, the direction of the economy and various other things. So your next question would be, How do I research about the campanies? For that wait for our next article.

I get this question all  the times. What are the “hot” stocks and if I have Rs.X amount of capital, then where do I put my money? This is like asking Which country is going to win the World-Cup? You don’t exactly know which country will but still you can figure out which are the best bets for instance in cricket, it would be India OR Australia OR Sri Lanka OR South Africa. But to find out the winner out of these is the real task. And in the case of Sensex or Nifty, everyone has the potential. So for that you have to study and do your homework. Nothing substitutes your own homework. What if I don’t have the time to do my homework? For that question Click Here