A Dip in the Coastal Karnataka

How about sitting in a Car and slowly starting to learn you are not in for a short ride but for a distant 4 days trip? Slight scare mongering is it, when you have big hole in your pockets (almost Waif) and your best friend asks you for a trip.

After half an hour, mood was set, I was set, for the first ever dip in the much hyped coastal belt of our state. Coastal is something I was very crazy and positive about. I always have waited to lay down on beach and watch out waves shoring up and down. Dint knew the day has come so quick, was very thrilled to smack coastal dishes which always had my mouth watered when seen and heard from my cunning friends living in Mangalore, Udupi, etc.

So, we started to Mangalore now, around 9 PM, with full tanked SUV. I am not only a good bathroom singer but also a DJ, a pride I carry in private 😛

What not, from Bob Marley to Swedish House mafia, from retro Rajkumar to recent Race Gurram, we were left bored within 3 hours but this finest NICE road started paying off, offered us a lovely enjoyable ride till somewhere near Hasan and we halted with few biscuits to spare.

We effortlessly reached Mangalore with such a seamless road and it was almost evening, first thing first = Food, a well packed dinner in Mangalore left us drowsy and idiotic enough to scorch batteries finding waves in Panambur Beach, dark and lone, best if we had been there in the day time. Anyways we headed back to lodge, slept like we have no tomorrow.

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Next day was a lazy start with me waking up around 10 and leaving to Kateel for blessings of goddess Durga Parameshwari…have heard it is a powerful temple, I dint waste any time in reaching there and winding up back to Udupi, our next stop !

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Udupi, a bastion of saffron, has lot of Brahmins living in it, with highest literacy rate in the state I wasn’t surprised to see people behaving so well cultured, made us all happy. We stopped to the famous Hotel Kediyoor, must say the ambience was good but food was just fine not so laudable. We then left to Beach, who don’t love beaches ? 😀

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Malpe Beach is one of the famous in coastal belt, I was surprised to see well managed machinery to take care of the beach, most of the previous beaches wasn’t that well maintained. This Malpe Beach was really amazing and sunset was breath taking…I felt I fucking missed lot of fun all these days…There was growing sense of having escaped a jail and found a floating paradise..(Shawshank Redemption 😛 )

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Make no mistake, when you visit Malpe, make sure you also visit St Marys Island, paltry 4 Kms from Malpe Beach…St Mary’s Island was amazing, to say the least, it was the best thing I have ever seen, nobody in the island and its just us..waves hitting the island and pushing us back to shore..You must experience this joy of finding urself centred between water all around (and rest assured someone will come back to carry you from Island)

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Then we went to Kolluru, some 70Km from udupi, goddess Mookambika resides here with natural wildlife blessed around her. This was the most enjoyable ride in between, with full stacked green belts besides roads and lakes appearing often, made our heart beat sink bit lower, we were really glad to experience this.

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We left to Murudeshwar, again a coastal gem, with rare accommodation of Lord Shiva’s monument, inspiring us to live another day, happily ! Temple visit was quick and we had to return back to Bangalore now, at any cost, you know Monady Blues 😉

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Bottom Line: When your friend asks you for a trip, Never be an asshole to say NO…don’t do that, just accompany him, what are we here for? Profession can wait, passion shouldn’t!!

My understanding on Averaging the Losses

We have read a lot on Averaging the losses and its consequences, either a loss or profit, else a zero sum game to make our broker happy. I am not addressing an individual sample and you might have experienced that the conclusions on averaging the losses are always unsolved puzzles, we need to stress more and analyze its effects in long run and just not on the trade examples which have favored us, if any ! 

Money is the basic raw material in trading, other way it’s just a medium of exchange for a consent value.

Let me discuss a case here. Assume, you like surprises and you test your fortune often with a lottery ticket that costs you 10$, reward will be a million dollars.

You got lucky and you won a million dollars. Thinking practically, what counts is only the ticket price and the reward by that certainly your 10$ is worth a million dollars now.

In other probable case you don’t get lucky and the value of 10$ is zero since you get nothing in return.

What I conclude is, value of Money fluctuates and is vulnerable to the asset class it is linked with, simple.

Averaging your losses in trades.

My understanding on this subject has been very clear after series of experiments on various parameters like stop loss, target and winning/losing probability. I believe that Averaging losses in trades done over a long period is pure recipe for blowing your trading account. Explanation follows

If you take a trade on xyz stock which is trading at 100$ and your stop loss which might be around 97-98$ with respect to 2% Stop loss theory to minimize the

hidden risk, if that stock now hits your stop loss and starts southward journey to 95$, what would you do? You can’t do anything if the stop loss is mechanical and not psychological-wait and watch. In the latter case, you may feel that stock may bounce from 95$ to your target zone or cost. Well, Fair enough, unless you jump in again and order for more quantities which is getting devalued, at the moment. You may think of adding ‘n’ quantities or more to catch that falling value, this is nothing but an illusion, it demonstrates our bias and does injustice to money management principles.

Money that you are having, has pre-defined value and you are degrading it by buying value eroding asset or something that is not sporting equal value to your ‘money’.

It’s a layman strategy and anybody respecting money management will sense averaging losses, as just another foolish episode. Very simple reason to dislike or keep away from averaging losses is that it puts our stop loss theory into shame, and we compromise our capital there on.

Let’s look at some facts and figures

Here is a column chart, consisting of data tested over million traders worldwide, hence the sample size can be enough to discuss (i Assume) .

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We can observe that Forex trading is executed fairly by most of the traders out there, accounting to more than 50% in all the currency, they are winners and losers are lesser to winners.

Therefore, it is not about ‘positive trading capacity” of the traders but it is about money management that is putting people on the losing side. 

Below is another data collection which emphasizes the above line

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 Averaging the losses is just a bad habit and also results in amplifying your odds or losses. I found no better reason to average : losing money and living peaceful 😉  

 

Excel Sheet for Nifty Options traders

Hola !

I have created an excel sheet that refreshes for every minute and it is no rocket science i agree. I have created PCR based on the OI of pe n ce.

This is a first try (Beta ? 😀 ) I will try to to add some more interesting stuffs in days to come.

In case any problems, catch me on twitter, or mail me at sbsantrocks@gmail.com

Suggestions, feedbacks are ‘always’ welcome 🙂

Get the excel sheet here –>
Nifty Options

How to speed up Utorrent by making changes in settings !

Hello!, I am going to explain in detail on how to speed up your Utorrent (Download, if not installed).

Well, It just takes 2 minutes and sometimes this trick may not work if the basic connection speed is very low and limited. Follow the below steps

  • Choose “OPTIONS” on top left, then “PREFERENCES“, window should show up now.
  • On the left side of the window, choose “CONNECTION” and make sure that your “RANDOM PORT” box is showing the number between 44000 to 50000, if not? set it in between the said range, any number.Ashampoo_Snap_2013.02.06_14h44m03s_001_Preferences
  • Another thing here is, “BANDWIDTH”, set the upload rates to 1 and also the alternative upload rate to 1 so that you can utilize the same for downloading instead of uploading.  Ashampoo_Snap_2013.02.05_19h05m23s_002_Preferences
  • Now the upload speed is nil and variates between 0 to 1kb as you have set the limit to 1Ashampoo_Snap_2013.02.05_19h06m59s_003_Ashampoo_Snap_2013.02.05_19h04m23s_001_Saw it? uploaded is only 1 odd MB and downloaded is 29 odd MB, that’s the use of it.
  • Now check if the values in the “ADVANCED“, first value should be “false“, if not set it to false. Ashampoo_Snap_2013.02.06_14h45m10s_002_Preferences
  • Last step is, open the “ADVANCED” option and choose “DISK CACHE“, set the first value to some 1000 MB or else you can increment the present value(50) by 100 and check if it’s working for you. Ashampoo_Snap_2013.02.06_15h15m50s_003_Preferences

That’s it ! This will at least work in utilizing your speed in your favor if not it greatly “speed up” your downloads.

PS: Do always choose a torrent which has more seeders and less leeches so that you will not fall short of data to download.

Disclosure: I have nothing to do with what you download and I am not encouraging it, Here is just an explanation on using your software better, and not at all related to torrent files, copyrighted or not.

How to resume Downloads in Google Chrome using Wget (FREE) with command prompt

I normally use UTorrent to download large files (movies,OS,etc), so, if the file size is large then it takes more time to download-depends on your net speed. Now what if you by mistake start downloading some large file in Google chrome, like i did. Google chrome has no option for resuming the broken downloads (Currently few engineers are working on it), and when the download was 94% complete, chrome alerted that it should be relaunched, don’t know why. Something happened and all my downloads gone, some 700 MB (Ubuntu iso file)!.

Now I will Tell you How to recover or resume that broken download.

Note: That broken file will be present in the folder and you can find it by : Chrome–>Downloads (ctrl+J)–>Open downloads folder.

That incomplete file will be saved with suffix –> .crdownload

We use simple steps to resume the Download, here you go and Download Wget first.

  • Now, SAVE this Wget (.exe) in the same folder where your broken file resides.
  • Change the name of the broken file, you just need to remove the suffix (.crdownload). Now your file name is changed from abcd.crdownload to abcd, that’s it.
  • We need to perform resume operation in Command prompt so open command prompt. Here in my case directory is C:\USERS\SANTHOSH> but i need to change it to download folder where your broken file resides. cmd
  • Here in my case it resides in Downloads i.e C:\USERS\SANTHOSH\DOWNLOADS so i need to change it, it’s simple Go to the folder (where your wget and broken files are present). Hold ‘SHIFT‘ then RIGHT CLICK–>’choose open command window herecmd..
  • Now You have command window opened from the folder you wish, type in there wget<space>-c<space>url
  • URL: it is the downloading link which you should copy from the chrome and paste it in place of url above. click enter after pasting link. cmdd
  • Your downloading should RESUME NOW !cmdddit took me 7 minutes to 100% download or else i would have had to wait 5 hours to download it from beginning.
  • After completion of download, close window and your file must b ready to USE.

Factors that move the Indian Markets

Well, I lost huge money when i was trading in stock market, which is very risky as the losers address it and it is too much risky when it comes to Indian stock markets (NSE.BSE).

But why I lost money is the easiest question that you can shoot at me reading the above poem..!!! yes, this question is equally valued with the Heading of this topic..!!!. When i began to trade 7 months back i was new comer, at least to the markets.More than this i am an engineering student, pursuing 2nd year.

Another thing that i would tell you is my parents never knew that i am trading in stock market and need not to say you that the whole money was mine, in the sense i dint borrow anything from my parents.

You may wonder knowing that i started trading with 4000 and not only this money was little but my knowledge as well was little too..! but it was must to ride the cycle to cover up my expenses and i did..:-)

Oh why i am telling you all this when the topic itself is different ..?? i am really sorry..!! back to market.

I lost lot of money (4000 was big for me..!!) in the beginning and reasons are as follows..

* I dint know what the FII (foreign investors) do here..                                                                                                                                           – They not only invest in crore’s  but also plays a vital role in moving our market up and also they can drag our market down if they sell what they had bought..!!! so you should keep in touch with this data daily to keep tracking the markets..!

*Global cues..

– it is very much important to know how US and Europe market did overnight to decide what Indian markets will do today. So always have a look at the Global economy daily. If US and Europe market is positive then ours will be next day..!!

* What does SGX NIFTY mean..??? i never worried in the beginning..!!                                                                                                             – It is Singapore exchange, which covers the Indian Nfty and it opens at daily 8 AM (IST). If it had opened in positive then our market will also open positive , which is at 9 AM..!! easy trick ..ain’t it..??

* How is Crude trading..??                                                                                                                                                                                                      -It is the commodity item, which will guide the oil and gas products in every country. if it low then you will enjoy spike in next day of the market..!! also market may fall if crude goes higher..

*Futures and Options and Open Interest..!!                                                                                                                                                                    – It is covered in the concept of Derivatives, which is another type of trading in market. It is volatile trade and you can double your money within hours if market moves up very well and also you can loose money ( like me) if market goes down very badly. So think twice before trading in Options..!

– Open interest , is the usual data that a trader can get from many resources like websites and Tv channels. This data tells us about the mood of the trader on the particular stock . If the OI is up then stock usually moves up..so you can bet on the stock which has got highest OI build up..

* Volumes traded..                                                                                                                                                                                                                   – These volumes indicate the trade interest of the trader. If the volumes are higher in particular stock then it is good to trade in that stock. movements in such stocks will also be high, maybe on the upside or downside.

* Board meeting and Dividend and Buy back and RBI meet and Monthly evaluations ..

– Board Meeting, if particular stock of the company is holding a board meeting, which you can easily know through stock market websites and you can see little spike in the movement of the stock, due to the board meeting anticipating an favorable action so.

-Dividend, it is the bonus value of the particular stock and it is mentioned by the authority of the companies. It is always good to hold the stocks which gives good dividend.

-Buy back, any company that is listed in stock market can offer a Buy back, where in comapny will buy the shares from holders for suitable price to re-launch the stock at the price they wish to.

-RBI meet, Reserve Bank of India will have a meeting every month to decide the Interest rate hikes to cool the rising Inflation, if. and if it rises the rate hike then banking sector will suffer a little and also indian markets.

-Monthly data, maybe Inflation data and Industrial data (IIP)  which will be revealed every month have impact on share market.

If Inflation is High then market will fall. If IIP  is High then it will boost Indian market..!!

These are the best financial portal you can grab lot of info

http://www.moneycontrol.com

-www.nseindia.com

I hope i have explained as much as possible cues for you to trade better and your feedback’s are welcome always..!!