24 November 2007
The myth of decoupling
The myth of decoupling --------
LONDON, Nov 24---- Decoupling of economy manes economy is caught in the web of cross fires in simple words economy is in bad shape and sweet economic expansion is also coming to an end. it is rightly said that So, Europeans should not be tempted to think that they are somehow “decoupled” from America’s foibles and woes. Until recently, many Europeans thought they were insulated from the current US housing and mortgage crisis. But in what has been a truly malignant “export” from America to Europe, the US created “garbage debt, the US market has become less important for European exports, while Asia’s trade significance for Europe has grow.
LONDON, Nov 23 (Reuters) - U.S. stock market showed some upward movement after taking cues from European and Asian markets volumes might be less but no bad. The picture what Dow makes now might not be bad. Its oblivious that US market is in the grip of decoupling but its rightly said that" Every Midnight Has A Budding Marrow" We are still long in Nifty when whole world is selling we did plus if you read our blog daily you might be aware with the facts hope to see nifty 6180 soon 5710 when crosses we are in save zone and big sports of nifty is 5467 , 5512, 5550. ( POSTED ON 23 artical named ride at horce )
HOW TO FACE A string of losses
First, every active trader needs to take a break from trading. A one-week break will allow the insight trader to relax and regroup. It is impossible to trade effectively when the insight trader is under extreme stress. When the insight trader has decompressed and returned to a more positive frame of mind, the insight trader will be able to reaffirm goals and think clearly, when the time comes back to go back to the trading room.
The insight trader should pay careful attention to his mindset. If the insight trader does not have a positive approach to trading, the best tools and strategies can be at his disposal, but trading will not give the results he wants. There are varieties of meditations and visualization techniques that can help the insight trader achieve a positive mental outlook. Learn about them, and use the ones that work the best. Once the insight trader can effectively see him, as an up-and-coming successful trader that will meet and exceed all goals, the insight trader is more than half way there. Remember, the insight trader`s mind is the greatest asset he posses.
Next, the insight trader should consider his trading experience - up to now. It makes sense to take stock of trading, and ask this important question:
The most important question is: ‘Have I been following my trading plan?’
Often failure in the market is caused by not following a plan. See when the insight trader departs from his plan, consider what is needed to be done and do not make the same mistake twice. This kind of analysis will give the insight trader valuable insight into trading, and help attain much greater success in the future.
With consideration of the trading past in hand, make whatever adjustments needed to the trading plan. The insight trader`s trading plan should define his approach to trading, and should give him a course of action for any circumstance that might arise. Without a comprehensive trading plan, it is very difficult to be a successful active trader.
Last, when the insight trader begins trading again, follow the plan flawlessly and acknowledge the fact that this is hard to do. But, commit to doing this step and be disciplined. Either undisciplined behaviour will be punished by the market, by direct losses or by the loss of profits, the insight trader could have made. However, the market can confuse this issue with random reinforcement. Random reinforcement is the market`s tendency to reward bad behaviour from time to time. This is one reason why it takes so long for active traders to understand the market. However, even with random reinforcement, it makes no sense to have a system if the insight trader is not going to follow it.
Given that a trading plan is so hard to follow, the insight trader should take some time to reward himself for doing this difficult task. Celebrate even if more losses than winning trades are made. Remember, losses are just as important as winning trades; they are a part of any system, and a sign that the insight trader is following the market wisdom of cutting losses short.
When active traders are up and trading again, they should consider finding a coach. Even this active trader has a coach. In fact, this active trader has several coaches in all areas of life. This active trader learned the importance of mentors from Tiger Woods. Even he has a coach. Now why does the best golfer in the world have a coach? It certainly isn`t because his coach plays a better round of golf than him. No, it`s because a coach can see things from a different view point. A good coach can be vital in helping the insight trader along his trading journey.
Stock in news
Describing the Supreme Court judgment on Vedanta case as a blessing in disguise for Orissa, the state government said the apex court had not objected to mining of bauxite on Niyamgiri Hills in Kalahandi district.
The apex court has upheld the Orissa government's stand of undertaking mining of bauxite atop Niyamgiri Hills, Chief Minister Naveen Patnaik told reporters here.
Lauding the judgement, Patnaik said the court had upheld the state cabinet's earlier resolution of asking for five per cent of profit from industries located in tribal areas.
"We are the first state in the country which has made such provision. The apex court had appreciated our stand," Patnaik said, adding that though Vedanta Alumina Limited (VAL) had been restricted, it had given opportunity for Sterilite Industries India Limited (SIIL) to develop the project.
SOURCES -- THE HINDU
by erectusplus at 12:14:00 |
1 Comments:
(b)
well said
(/b)
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