Facts n Fiction

No! I am not going to offer any strategies on how to trade in stocks or options, or to reap heavy profits in the stock markets. Simply because I don’t believe in any such strategies. Those candlestick charts could never illuminate my portfolio, and all hammer & inverted hammer candlesticks have hammered me down enough. I don’t even pay attention to the stock analysts, who blabber something about technical and fundamental analysis – there is no such thing called as technical or fundamental analysis, it is pure simple gamble or luck or destiny whatever you want to call it; if it is your day you will make it, else best of luck – keep trying. I have been attached to stock markets (emotionally) since last 10 years, trying to understand the dynamics of it, but the bloody selfish stock market has kept me (financially) detached from it. I had opened my first Demat and Online Trading Account with ICICI Direct – just because I had liked the application interface, and also the fantasies t...

(Alert – this article contains contentious viewpoints with some harsh language; if this does not suit your taste, please refrain from reading further) Recently, I received an email from a friend about some interesting article to read. However, it turned out to be a boring stuff. I hate reading self-help and motivational kind of pieces; everything that preaches – “think positive”, “say I am the best”, “how to vent anger”, “how to achieve your goals”, and so on in an over obsessed manner. I have never been able to understand the need and important of such self-help kind of writings. The first form self-help or motivational writing that I read was “Who moved my cheese”. I read it as a story (like I read Coelho’s Alchemist) and it made no impact on my behaviour or thinking pattern. However, my disgust for writings of this genre began with Shiv Khera’s “You can win” and it continues till today for his “You can sell”. Such books and writings claim to improve confidence, boost moral, ch...