My daytrading
- Thread starter Raghavacc
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Yaa Columbus.. It was an error as I was going through some topics on Kumbhakara and in the process I mentioned Indrajit as his brother. Thanks for pointing out.
Vikas -I am very glad that my thread is making positive impact on every one who go through it in one or the other way.Its life or trading or office universal truth remains same and applies every where.Isn't it?
Your second question.How did I learn all these?. I learn most of my trading and life lessons on my observation from streets, roads, buses,trains,plane Chai pani shops,from elders and more than that from Nature.!.
Yes sir. Pardon me!!! .Vibheeshana, Kumbhakarn and ahiravana are the brothers and not Indrajit.
Vikas -I am very glad that my thread is making positive impact on every one who go through it in one or the other way.Its life or trading or office universal truth remains same and applies every where.Isn't it?
Your second question.How did I learn all these?. I learn most of my trading and life lessons on my observation from streets, roads, buses,trains,plane Chai pani shops,from elders and more than that from Nature.!.
U r right, Indrajit was son of Ravana
Thanks for your reply, Raghavacc.
Maybe I've missed some points you mentioned in this thread, hope you don't mind answering once again: how can I identify the trend for the day?
Right, another trading day again. Some questions again:
1. At 14:40, how can I identify this is end of uptrend? The lower high stoch crossover?
2. At 15:00, the candle touches the median, but why shouldn't we long there? (As we see it didn't bounce up later.)
Thanks.
Maybe I've missed some points you mentioned in this thread, hope you don't mind answering once again: how can I identify the trend for the day?
Right, another trading day again. Some questions again:
1. At 14:40, how can I identify this is end of uptrend? The lower high stoch crossover?
2. At 15:00, the candle touches the median, but why shouldn't we long there? (As we see it didn't bounce up later.)
Thanks.
Attachments
Re: Celebrities - What celebrity they bring in your life?
Cricket herds---Hashan Tilakaratne names 2 prominent players involved in Match fixing.More and more wickets.... Afridi resigns and get banning
Look at our players....Let BCCI dare to ban any player here..You will see how patriots jump to streets and show their "love towards nation"!!!!.
Our players can play 10-12 matches in IPL.when it comes to west Indies they need rest!!!!.They get injured. There is a fellow called "Ashish Nehra".(As a person he is a cool and also a great gentlemen.I appreciate that) .However when he is in , when he is out- god only knows. he says
" Body mein injury nahi.Injury mein body phasi hai".. !!!!
For them IPL is important than playing for their country, because IPL has crores of money involved in it. After all what is their in Carribean? Its shame that these people are auctioned like old Gujri items in an open market .
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Coming to celebrities......
What Indra did lakhs of years ago is imitated by corporates,Producers and underworld dons for making money.They use glamour,gossip as their tool to lure the public.The media hypes it.The camera of the media captures each and everything that they do and the same becomes headlines in newspapers and TV channels because people wait for it.
Hollywood,Bollywood,models ,players..
2 years back, an actress use to come on TV for Tax payment awareness campaign.She used to say Time par Tax jamao aur man shanti Pao.Just few months back the house of the same actress was raided and the authorities found more than 3 crores worth unaccounted cash.But she is role model for most of girls.An actor runs his car over the sleeping day labourers in Mumbai .But he comes out clean .He is a role model for most of youngsters.Further the personal and public life of this celebrities is filled with divorces,illegitimate relations,connection with traitors of nation.Still they are national heroes and people imitate them in each and every part of life.
All The hype started with Miss Universe and Miss world.The cosmetics Corporates saw 120 crore herds in India and thought what could make them catch these herds.They thought the best way is to make some idols and then make herds to follow the idols.Now this idols are leaders.Whatever cream,toothpaste,soap ,underwears they propose people politely follow it.
Indeed they did great Cosmetics business in India over last 10 years.
Now once they made great bucks here they are now in African countries. Those poor African countries dont have food to eat,neither the water to drink,but they get Miss world and Miss Universe award for their country.Doing business on top of dead bodies!!
Our Ancestors believed that character is the most important thing for a men.Their role model used to be the one who sacrificed the most.I am afraid that these celebrities would have ever heard a word called Sacrifice.
Cricket herds---Hashan Tilakaratne names 2 prominent players involved in Match fixing.More and more wickets.... Afridi resigns and get banning
Look at our players....Let BCCI dare to ban any player here..You will see how patriots jump to streets and show their "love towards nation"!!!!.
Our players can play 10-12 matches in IPL.when it comes to west Indies they need rest!!!!.They get injured. There is a fellow called "Ashish Nehra".(As a person he is a cool and also a great gentlemen.I appreciate that) .However when he is in , when he is out- god only knows. he says
" Body mein injury nahi.Injury mein body phasi hai".. !!!!
For them IPL is important than playing for their country, because IPL has crores of money involved in it. After all what is their in Carribean? Its shame that these people are auctioned like old Gujri items in an open market .
--------------------------------------------------------------------------
Coming to celebrities......
What Indra did lakhs of years ago is imitated by corporates,Producers and underworld dons for making money.They use glamour,gossip as their tool to lure the public.The media hypes it.The camera of the media captures each and everything that they do and the same becomes headlines in newspapers and TV channels because people wait for it.
Hollywood,Bollywood,models ,players..
2 years back, an actress use to come on TV for Tax payment awareness campaign.She used to say Time par Tax jamao aur man shanti Pao.Just few months back the house of the same actress was raided and the authorities found more than 3 crores worth unaccounted cash.But she is role model for most of girls.An actor runs his car over the sleeping day labourers in Mumbai .But he comes out clean .He is a role model for most of youngsters.Further the personal and public life of this celebrities is filled with divorces,illegitimate relations,connection with traitors of nation.Still they are national heroes and people imitate them in each and every part of life.
All The hype started with Miss Universe and Miss world.The cosmetics Corporates saw 120 crore herds in India and thought what could make them catch these herds.They thought the best way is to make some idols and then make herds to follow the idols.Now this idols are leaders.Whatever cream,toothpaste,soap ,underwears they propose people politely follow it.
Indeed they did great Cosmetics business in India over last 10 years.
Now once they made great bucks here they are now in African countries. Those poor African countries dont have food to eat,neither the water to drink,but they get Miss world and Miss Universe award for their country.Doing business on top of dead bodies!!
Our Ancestors believed that character is the most important thing for a men.Their role model used to be the one who sacrificed the most.I am afraid that these celebrities would have ever heard a word called Sacrifice.
The tax and black money
Chanakya in this Arthashastra says the route cause of dishonesty lies in the taxation system of any economy.
Just by bringing back blackmoney in to India wont solve the problem of black money.Its route cause is in the Rakkas Taxation system that we have.
Imagine you are a resident Indian and you want to start up a business. By the time you register your company you are half dead. By the time you start up your business you are fully dead. The number of table you have to round is hardly15-20!!!.Earlier it was hardly 80.( Only Gujarat is exception for this). Then adding to your wound you have to then serve the Servantsof nation both ON top of the table and Under the table.Now you feel Damn I slog and I shell off my hard money and these suckers sit and make money.
Then once you start your business you have different doctors .One is Income Tax Doctor .Another is Sales tax Doctor. Sales Tax doctor tortures you every day whereas the former takes hafta once in a year ( Now a days in quarterly installments).You look for your nearest mental hospital after you hear VAT, CST, OCTROI, DUMPING DUTY, ANTI DUMPING DUTY,AUNTY DUMPING DUTY,EXCISEIf I write the list you start omitting .Hence discontinuing.
Tell me one thing-A businessman is forced to pay 33% as Tax.He says why the hell I should cuff 1/3rd of my Profit to this buggers ? He says I slog for my labour, materials, then serving Maamus (I really love MunnaBhai.The way he presented is pentastic.).See the logic. The businessman gets a white hair by slogging 18-20 hours a day.He gets headache by managing labour, capital,Market,Competition.The Maamus purchase Lamborgini,Audi,Benz just sitting on the chair and doing virtually nothing but only doing Maamugiri.What a way to do business!!.
Ok now that 33% he has paid where does it go? 80% of that to non plan expenditure Means again it goes to Maamus to buy that Lamborgini,Audi,Benz.What public gets is a BIG TOPI
Now business man thinks .I slog. I earn.I am honest.I make profit.Its my money.Then even when I pay for the sake of nation,Maamus swallow it like a Anacondas.Public gets nothing. WHAT IS THE USE OF BEING HONEST? WHAT IS USE OF BEING IDEAL BUSINESSMAN?WHY SHOULD I PAY TAX?Now he goes to chartered Accountant.!!!!
Thats the route cause of the dicease.I can promise you no person wants to cheat.He wants to contribute for his nation.However Maamus want the same system because if they change this Used and throw outdated Taxation system borrowed from British, they will come to streets
When A rowdy kicks and collects money from you, its called Hafta
When Govt kicks and collects money from you,its called Tax
What is the difference ?Who is better?
Continued.
Chanakya in this Arthashastra says the route cause of dishonesty lies in the taxation system of any economy.
Just by bringing back blackmoney in to India wont solve the problem of black money.Its route cause is in the Rakkas Taxation system that we have.
Imagine you are a resident Indian and you want to start up a business. By the time you register your company you are half dead. By the time you start up your business you are fully dead. The number of table you have to round is hardly15-20!!!.Earlier it was hardly 80.( Only Gujarat is exception for this). Then adding to your wound you have to then serve the Servantsof nation both ON top of the table and Under the table.Now you feel Damn I slog and I shell off my hard money and these suckers sit and make money.
Then once you start your business you have different doctors .One is Income Tax Doctor .Another is Sales tax Doctor. Sales Tax doctor tortures you every day whereas the former takes hafta once in a year ( Now a days in quarterly installments).You look for your nearest mental hospital after you hear VAT, CST, OCTROI, DUMPING DUTY, ANTI DUMPING DUTY,AUNTY DUMPING DUTY,EXCISEIf I write the list you start omitting .Hence discontinuing.
Tell me one thing-A businessman is forced to pay 33% as Tax.He says why the hell I should cuff 1/3rd of my Profit to this buggers ? He says I slog for my labour, materials, then serving Maamus (I really love MunnaBhai.The way he presented is pentastic.).See the logic. The businessman gets a white hair by slogging 18-20 hours a day.He gets headache by managing labour, capital,Market,Competition.The Maamus purchase Lamborgini,Audi,Benz just sitting on the chair and doing virtually nothing but only doing Maamugiri.What a way to do business!!.
Ok now that 33% he has paid where does it go? 80% of that to non plan expenditure Means again it goes to Maamus to buy that Lamborgini,Audi,Benz.What public gets is a BIG TOPI
Now business man thinks .I slog. I earn.I am honest.I make profit.Its my money.Then even when I pay for the sake of nation,Maamus swallow it like a Anacondas.Public gets nothing. WHAT IS THE USE OF BEING HONEST? WHAT IS USE OF BEING IDEAL BUSINESSMAN?WHY SHOULD I PAY TAX?Now he goes to chartered Accountant.!!!!
Thats the route cause of the dicease.I can promise you no person wants to cheat.He wants to contribute for his nation.However Maamus want the same system because if they change this Used and throw outdated Taxation system borrowed from British, they will come to streets
When A rowdy kicks and collects money from you, its called Hafta
When Govt kicks and collects money from you,its called Tax
What is the difference ?Who is better?
Continued.
Ok.Businessman is frustrated –He says –My money, my sweat, my skill – But Maamu’s “Aish”.
Ok now chartered Accountant tells him – Open a sister concern in your wife’s name and do all end sales through sister concern.Then he tells him to give yearly gifts to all his relatives including his great great great grand father who is dead 150 years ago!!.All this is to “Save” tax and avoid “Shaving”.
Now Mamu’s came to know that Businessman have become intelligent.SEZ, Tax treaty, Exempt zones all these are getting effectively used by Businessman. So Maamu’s need herds now.
They got their catch.”Salaried class”. Poor salaried chap - he cannot run away anywhere – Maamu’s knew that in case they allow these chaps to pay later -they won’t pay. They started taking it before the chap gets his amount in his account. They gave a fancy name to it called “TDS” – full form “Topi Diya Sala (ry) ke badle.
These poor chaps are in majority.They think they are safe.On top of this the Mamau’s offer them carrots called rebate, deduction,exemption….everything… They have no respite .. Coupons, HRA, Allowances, fringe benefits for everything they have to pay mamool…. The difficulty for them is their employer deducts it….. No choice of finding “other way” .
Then come March end…The war starts in the office.The war between finance dept and the employees….This employee who is already tamed big time by TDS - now needs to submit “proofs” for all his “Legitimate” investments ……Its like “Throwing a snake at already half dead person”…!!
Now comes chartered Accountant with his 2 assistants to file your return!!…He makes you to feel that you have to take 2 births to learn filling that return…He Knows he will come to roads if Govt.makes it easier….So his bosses have formed a committee which acts as a "Tax consulting"committee to Govt. before the budget….Each of you pay your hafta to him…100,200 or 300/-Rs. Per filing….
Shankaracharyaji told this 1000’s of years ago itself “ All play gimmicks to feed their stomach “ (Udara nimittam bahukrata vesham).
Now you are relieved…..Oh! atlast I have came out of burden…But you don't know that Mammu’s are still very much worried about your savings, welfare and future..For them your "survival "is very important!!Thats why they make you to invest to save tax.Ok.lets see how much they are concerned….
Say you have to pay 10000/- as tax. How much you have to invest.you know? Just 5 times!!!.. That is 50000/---After all Maamu’s need to get some business for Mutual funds,Insurance Companies….. naaa?
Continued…..
Ok now chartered Accountant tells him – Open a sister concern in your wife’s name and do all end sales through sister concern.Then he tells him to give yearly gifts to all his relatives including his great great great grand father who is dead 150 years ago!!.All this is to “Save” tax and avoid “Shaving”.
Now Mamu’s came to know that Businessman have become intelligent.SEZ, Tax treaty, Exempt zones all these are getting effectively used by Businessman. So Maamu’s need herds now.
They got their catch.”Salaried class”. Poor salaried chap - he cannot run away anywhere – Maamu’s knew that in case they allow these chaps to pay later -they won’t pay. They started taking it before the chap gets his amount in his account. They gave a fancy name to it called “TDS” – full form “Topi Diya Sala (ry) ke badle.
These poor chaps are in majority.They think they are safe.On top of this the Mamau’s offer them carrots called rebate, deduction,exemption….everything… They have no respite .. Coupons, HRA, Allowances, fringe benefits for everything they have to pay mamool…. The difficulty for them is their employer deducts it….. No choice of finding “other way” .
Then come March end…The war starts in the office.The war between finance dept and the employees….This employee who is already tamed big time by TDS - now needs to submit “proofs” for all his “Legitimate” investments ……Its like “Throwing a snake at already half dead person”…!!
Now comes chartered Accountant with his 2 assistants to file your return!!…He makes you to feel that you have to take 2 births to learn filling that return…He Knows he will come to roads if Govt.makes it easier….So his bosses have formed a committee which acts as a "Tax consulting"committee to Govt. before the budget….Each of you pay your hafta to him…100,200 or 300/-Rs. Per filing….
Shankaracharyaji told this 1000’s of years ago itself “ All play gimmicks to feed their stomach “ (Udara nimittam bahukrata vesham).
Now you are relieved…..Oh! atlast I have came out of burden…But you don't know that Mammu’s are still very much worried about your savings, welfare and future..For them your "survival "is very important!!Thats why they make you to invest to save tax.Ok.lets see how much they are concerned….
Say you have to pay 10000/- as tax. How much you have to invest.you know? Just 5 times!!!.. That is 50000/---After all Maamu’s need to get some business for Mutual funds,Insurance Companies….. naaa?
Continued…..
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