Posts

Why do we YAWWWWWN ? (My Story)

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Yawning  is a mostly involuntary process of opening the mouth and breathing in deeply, filling the lungs with air. It is a very natural response to being tired. In fact, yawning  is usually triggered by sleepiness or fatigue.  Or boredom. Notice that when you get up from a good sleep you never yawn. Infact, it is difficult to yawn. But there is an exception and this happens to yours truly with regular frequency. The setup is very simple. I'm fresh from a 10 hour sleep ( I literally am a 19 year old baby when it comes to sleeping) . I freshen up and my father calls me to show something in the stock market. Within 30 seconds of him speaking, I give one big yawn. If I sit for another 10 minutes, guaranteed 5 more yawns. So much so that my jaws ache. Now at this point if I start reading newspapers, look at my phone, or do something else, the yawning vanishes.  Now if he calls me again to see the charts, the yawn comes again. How do you explain all this ?...

Repo Rate & Rev Repo Rate in Aam Aadmi language

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About the NIFTY Index

A stock market index is created by selecting a group of stocks that are representative of the whole market or a specified sector or segment of the market.  An Index is used to give information about the price movements of products in the financial, commodities or any other markets. The NIFTY 50 is a diversified 50 stock index accounting for 12 sectors of the economy. It is used for a variety of purposes such as benchmarking fund portfolios, index based derivatives and index funds. Points to Note: The NIFTY 50 Index represents about 62.9% of the free float market capitalization of the stocks listed on NSE as on March 31, 2017. NIFTY 50 is ideal for derivatives trading.

Trading Diary 28-05-18 - I earned my first Rs.3200

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Today was my first day in real time trading (after weeks of practice). My father and I have decided we will trade in NIFTY only (specifically in options). We will not be trading in stocks. We are mentally prepared for a loss of Rs. 5000 per trade. Not all trades will be profitable so the focus is on keeping the loss small and letting the profits run as long as possible. Today I was long in the morning and bought 10700 NIFTY call options. Position was squared off by 2 pm giving a net profit of Rs.3200. Given my trade size, the profit is not much.  This is the 5 minute chart of NIFTY Future. I was long in the second bar. 

Started trading in NIFTY Options

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Currently I'm learning  trading  NIFTY Options .  We prefer NIFTY Options as it helps us focus only on the index and there is no need to track multiple stocks/signals.   Positions will be  squared off  by 3:30 pm. All trades would be done using 5-minute charts. We already have a charting software and real time data feed.  This is what an intraday chart of NIFTY futures looks like. Glossary: 1. Upstox Pro - It is a online brokerage which helps you to trade and analyse the Indian stock markets in real time. They have extremely low rates (Rs.20 per order and Nil for delivery). You can take a demo at  Upstox Pro . 2. Day trading - The buying and selling of shares during market hours from 9:15 am to 3:30 pm with the intention of making a profit.

Fuel Prices on a High - Where is the Achche Din ?

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And the answer is :

Power of Compounding - What it actually means

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Compounding is the first step towards  long-term wealth creation.  Compounding allows you to  earn interest on your principal and on the interest that you reinvest . It helps you  build a large corpus over time  with the smallest of initial investment. For example: Suppose you invest Rs.1,00,000 today  for a period of 30 years , this is what you would earn under various rate of returns: Here is decoding it for you: