Thursday, October 23, 2008

Stock timing

There are many days where you don't know when to sell and buy the correct stocks. Infact there is no one day that you can say for sure that this is the day to buy a particular stock. The lows will always be lower than you expected and the highs will be higher than expected. In addition to buying and selling strategy, you should also know when to hold a particular stock without getting scared when your stock has gone down in value, the moments after your purchase. I am barking about day-trading here. Delivery based traders can buy when the market you think is low and wake up one day to see your stock surge. This waking up can be a day, month or as is the scenario now, can take years for your dead stock to come rise from the ashes.


Today I traded HDFC stock at Rs. 1787 and bought only ten of it knowing how bad the market is. So even if the market falls, I felt the worst case scenario would be a fall of Rs. 50 so the net loss would accumulate to Rs.500 for the day, which is fine, considering the hits I had received before. That is the worst case scenario that I was expecting, so you don't expect it to happen immediately. But it happened. The moment I bought it, it came down to Rs.1760. I was waiting for it to rise to 1780 levels so I can square off with Rs 60 - 70 loss. It was traded around 1760 price for 10 minutes and has gone down to Rs. 1740 after a while. Because it exceeded my worst case scenario levels, I bought 30 more at that price, to bring down the overall price of 40 (30 + initial 10) stock to Rs. 1760. So, if the stock goes to 1780 levels I would be having a profit of 40 x 20 = Rs.800.



Now what do I see next ? The market was around -300 points deficit but this stock has plummeted to Rs. 1723, which means I am facing a loss of Rs.37 x 40 = 1480. That really rattled me. The pain, moments after you see your stock going down to unexpected levels, is excruciating. What can you do? Pray God to see the market up, atleast as close to the price that you've bought so you can escape with minimum loss. Making profit is out of the window now. I am playing for safety here.

So when the price has reached to 1740 and 1745 levels I made a quick move to sell the 40 stock that I have for the day. So a loss of 15 x 40 = Rs. 600 is what I've made and went for lunch. When I come back after lunch, I see the same stock going to Rs. 1850 and then surge rapidly by every 10 rupees to reach a high of Rs. 1922. Had I kept my stock and sold it at 1920 rate, I would have made a profit of 160 x 40 = Rs.4,800 flat. That would have half achieved my target for Diwali. As I type and see the market, the same stock has again come down to Rs. 1790. Now you see a pattern? I bought 10 stock at 1787, bought 30 more at 1745. Seen the price dropping to 1722 (day's low) - 1745(sold) - 1760(bought) - 1787 (initial level) - 1860(after lunch) - 1880 - 1890(rapid rise in seconds) - 1922(day's high) - 1790(as I blog). That is called Volatility.

"By screaming in here I thought I could get rid of the glum expression on my face when everyone is excited to go home for the break. Losing three days on a streak is one reason why I am not all that excited to go home. Ofcourse the countenance and the attitude totally changes when I reach home".


I wished I could make it big one day in stocks in the Diwali week and buy a mobile phone from the profit and proudly wave it to my Dad. It never happened. It's not going to may not happen in the future either. As I once said, stock market is for the brave. Every T,D and H knows that luck plays a huge role. But what many don't understand is the timing. The entry and exit from the market in that day with minimum fuss will decide who is the Winner and who is the Loser. Thursday today is one off day with my timing. The other days where I mess with my timing are Tuesday, Friday, Monday and Wednesday.

Friday, October 17, 2008

Feeling the cold

I am feeling the cold. Not the winter cold yet. That I can feel after Nov.15 as told by JC garu. This is the regular climate change cold that everyone experiences with the onset of winter. I felt the same in my Inter and since then every time I get cold I tell that there is a change in the weather and water. Today my handky in my faded blue jeans pocket has become as wet as a cleaning cloth drenched in a soap solution. Because of it my pant is slowly getting wet and feeling the effect of cold now. Cold here now is not the common cold caused by Rhino virus. Do not strain your tiny brain to know what you see below.


Handkerchief has been my saviour today. Otherwise I and my fellow colleague would have been swimming in my.....I leave it to you. Steve Waugh always had a red handkerchief in his pocket while going for the toss as a superstition. I always have it in my pocket to prevent others from passing my cold infection. Atleast I am not shy like you freaks to take the handky out.


People complain that I always have a running nose even when I am standing. I always wondered why. Putting my cold aside for a while, you freaks also have a running nose most of the times. Breathe this air with highly loaded dust + toxic pollutants and come to me if you haven't caught up with cold even after inhaling such air. I will be there to pass on the virus to you and you can to your friend, as an olympic torch. Ok, if you din't like the joke here you have a cold joke while I hear someone sneezing without my intervention.


I should be pretty delighted if this cold doesn't transform into flu which few of my colleagues had experienced last week. I don't take pills and run to the nearest doctor the moment I catch up something. Reason being, I have resistance in my body ranging something to measure of kilo ohms, with which I can withstand from commonly infectious viruses. I let it heal naturally. We always preferred a double barrel rheostat in our labs. I've stolen one and got it absorbed into my system as Arnold did in Terminator and hence that resistance. That trick could be done only by professionals under expert supervision and please do not try that at home.

Wednesday, October 15, 2008

It's a Sony

Like everyone else, even I am fascinated with Sony products. Even though the prices are on the higher side for an Indian consumer, I still think they win hands down on any product that other companies come up with. I am able to afford a few things a bit now than I was in the past and hence this - you may call it - revolution for the perfection. So in an attempt to own a few of them without going for a loan, I bought a Sony Audio system which has 5900 Watts as PMPO. If that hasn't held your heartbeat for a second, this picture shall. If it still doesn't then you got to hear it to believe it.


It's screaming from the bottom of it's lungs that the model is MHC-GZR8D. Please clean your ears so you can feel the beat of the audio. You know now that you have to click there to check the specifications. For the challenged, I don't work for Sony. Things are in sync with what I blabbered in my last post. You must have bought Bose. So freaking what? I cannot afford that much, you long nose.


Again, things are in sync for a week but not tennis. Watching Madrid Masters late night will only add to my misery of getting up late and missing the practice. Winter has set in. I never went out so early in the morning in a rickshaw even to school. I am going coz I am paying them. You go in a rickshaw in your shorts with gentle winter breeze and you will understand what I am trying to bark here. You can do nothing but sit cross legged after the experience. Fortunately I was NOT a child prodigy so I never had to attend tuitions early in the morning in my school days . Special classes and tuitions are for the retarded. I'd be lying to you if I hadn't attended coaching centres for the heck of getting through the cut-throat competition of 1 lac competitors breathing down my neck.

I said I would be writing tennis articles only when I've got work, at Sportingo, in the author description section, but you know that I blog when I don't have work also. Now that officially Winter has set in, with sunlight fading even faster than you think of your last rivalry between your friend, it's time to stay indoors and stay warm. The rest is upto your guess. Women charmers should be having their field day(s).

You feel good when you can afford somethings on our own for your own. Owning a hi-fi audio system will definitely please your senses whenever you listen to it. You can see the 'wow' effect in the eyes of the visitors who see it for the first time. Afterall, ___________. ( put the title here)

Friday, October 10, 2008

Thy name is Grudge

I've been drooling over my post on Roger Federer at Sportingo, which you can do as well by clicking here. This is an indirect way of diverting the traffic to that site which I've unable to do myself onto my blogsite. You can even drool at Minissha Lamba in the movie Kidnap, for without her, the movie would never be having those collections what soever. She has a genuine knack for acting, which I like. But with a cute face you cannot see those slutty dance moves in songs.

If something is not happening to you, doesn't mean that it should not happen to someone else too. That's called freaking grudge even though the other one hasn't harmed you in any sort. I've seen blokes who cry on someone else's prosperity when the crier infact never prospers. They have these seeds planted in them right from their schooling days, where your fellow student gets half a mark over you, and you start crying. If that was considered childish at that age, what is this crying being a professional, exhibiting these traits at this age be called as - foolish ?

You call it jealous. I call it grudge. You look as bad as this if you have it loaded in tonnes in your body.


Federer is returning to tennis and so should I get back to my practice courts, which had three days off on account of Dussera. It's been a week long break from tennis. The good thing with few days break is, either you shots would be way off the mark or you could produce some jaw-dropping shots right out of the screws. I am expecting the latter to follow tomorrow.

Apart from that, Aussies have started their tour Down - Under in Bangalore. It's no more termed a down-under coz they were successful in their earlier attempt to win a series in India. But this is a series which India is expected to win with a famed batting line up.

This month should bring in some new things to my home. I shall let you know when I get some. Remember, when I reveal something it doesn't work out ? I had this weird feeling since my bachelor days and people say I hide. I get you but you don't freaking get me. TGIF. Ok, I will tell you it's abbreviation, don't head bang on the table. Thank God It's Friday.

Friday, October 03, 2008

Bored of bored

Hence this post. For a change this is a Friday and I for once getting bored of being bored. I received bolt out of the blue decline early in the morning and that's the reason for this grumpy Friday for crying out loud. You have no freaking clue to what I am talking. An off yesterday and couple of days off in the weekend. The same pattern the next weekend. Wufff...while the world is looking for a break, me in the capital city wants to break this string of breaks coz I don't have any miserable outdoor plans like you.


Couple of stock market jolts in the beginning of this month would add insult to injury today. But I believe in well begun is half done. I've begun well this month in stocks and this air of positivity should be carried over the entire month. There was a stage when I was receiving slaps left, right and center in the last couple of months. What's panning out this month is unknown. Daddy said, don't invest today and I ventured and received the thrashing. That's is the reason why experience counts and you start listening to whatever I say now.

You've got all the comforts but you don't smile. Ok, you means me. Ok, sometimes you too. You like someone who smiles but you cannot smile yourself. In our office, it's like a fine if you smile. Shoot at sight orders aren't far away. People would be staring at you if you smile. Those who see people smile, think that they haven't got any work. They don't understand the simple fact that smile was extinct ages ago in their lives.

Morning my tennis is becoming the same story as your smile story. Sometimes there can be an incorrect analogy. Not fair to comment on my practice partner here, but that's how I get rid of the steam. He doesn't turn up regularly everyday. My coach - where there is none - asks me to buy a new pair of shoes. I told him I don't want to play as a professional and I definitely don't want to play Roger. He is not in a good form this year and you know my mentality. I always take down the best. I was born with this killer instinct ever since I was a child. I always dream big. I want to play Rafa but it's only now he has achieved the No.1 rank after being number 2 for more than three years. So let him enjoy the limelight before I take the centre stage and grab a Goldenslam. My coach - he thinks so - can't play a proper forehand. He stretches, practices for couple of minutes and complains he has a knee injury, so he is unable to play well. He looks like Lalu Prasad Yadav when he puts an excuse. I don't make excuses I think but I definitely don't like them.


Not right for me to comment on him too. You never do right things if you think what you are doing is wrong. Sometimes two wrongs can make a right. Mark my words, one right thing need not always necessary be right. What you guessed over my state of mind on this freaking Friday is absolutely right. Further, I hereby declare that the hints and information that I've provided is true and correct to the best of my knowledge.