Showing posts with label self management. Show all posts
Showing posts with label self management. Show all posts

Saturday, September 6, 2014

“Do you have it in you!!!”

There are on an average around 5 big opportunities in any market / index every year when a huge rally happens.

e.g. There have been 5-6 in nifty in last 12 months, 6 in CNX-IT and 4-5 in FTSE (UK)

the shortest is of 1 month duration while the longer one is 4-5 months long!!!

It is not impossible to catch those ‘mother of rallies’, it is easy to anticipate them but difficult to mouth and digest them whole (or a substantial part) without skill, strategy and mindcontrol.

I have not done these as yet. But since i developed the advance methodologies in the last 1 year, i am itching to catch the next one. Till that time, i am preparing patiently and practicing identifying and riding them (downscaling/simulating them in intra-month rallies).

In between every such rally is an intermediate ranging, sometimes small sometimes quite long.

Some of these rallies are short, and u may outstay in it, while other times the rallies may surprise you by the extent they keep going,  u having quit early!

All this need practice and skill with select tools.

Such rallies can’t be expected but followed as and when and to the extent they are, till they are!

But the point i want to make is twofold

minor– if u miss these 5-6 odd mega chances, what if you catch other peanut opportunities? And if u catch these, what if u lose all others!

Major- if the stakes to claim are that high (each rally can be 10-20% index rally can potentially make u quite rich in just a few weeks), are we in a position to leverage / encash it to the max?

Skill, technology, mental toughness, experience are one thing, capital (funds) and financial management (risk management) when u r in the big ride, is critical and decisive.

So much so that on one side we are desperate to encash it and on the other hand, when the opportunity is right there in front of our eyes, we either chicken out or play it small or are simply not ready for it!

The real fear of any sufficiently advanced trader is not the threat of loss, but the nightmare of missing the big profit!

So many times i have seen traders praying all life for the big opportunity and when they get it, they just say hello and turn back!

I strongly feel that so many struggling traders are in the real danger of self-hypnotism whereby they double cross themselves by convincing their conscious minds that they want it and programming their subconscious minds as to why they can’t do it!

I recall the Indian Army ad punchline – “Do you have it in you!!!”

I ask myself sincerely – “Do i have it in me?”

Tuesday, December 28, 2010

capacity

the auditorium burst

with waves of thunderous applause

by the final year students

of a reputed management institute

hypnotized by the electrifying speech

of the legendary businessman

invited to deliver the annual address!

--

immediately thereafter

open-house question-and-answer session started.

--

question after question

was put forward

only to be immortalised by the answers of

the businessman-of-the-decade!

--

after almost an hour

there was time for just one more question

--

"how do you effortlessly manage to increase

the turnover of your business

year after year

even when the sector is reeling under slowdown pressure!"

a girl student asked!

--

"when i was a child"

replied the veteran business-legend after a brief pause

"i used to accompany my grandfather to the temple.

the priest used to give me very sweet 'parshad' in my tiny folded hands.

it was so tasty that it used to be my main reason for daily going to temple!

but i always felt bad that i used to get very less of it!

my sweets used to finish too quickly!

one day, the priest noticed my sad face

and asked me for the reason!

'why do you give me so less sweets' i askedhim

'because you have so small hands' the priest told me.

that night i couldn't sleep well past midnight!

that day i had got the most precious lesson of my life

which stayed with me ever since.

i have always reminded myself

that to have more and bigger 'prashad'

from destiny

you need to have bigger folded hands to receive more!

you get only what you can comfortably hold and manage!

you get only what you are psychologically ready for...

it's not about the market-size

it's all about the basket-size!

since that day

whenever i have to increase the turnover

all i have to do is

stretch my mental barriers of reality

revise my definition of possible-impossible

upgrade the scale of my blue-print...

and that is the only constraint that i have to struggle to increase.

once that is done

everything else just falls into place

and i get the desired growth!"

Tuesday, December 21, 2010

ready for it? (Part-I)

if you are financially well off

then this article is not for you.

but if you are not

please keep reading.

--

chances are that you must have tried hell of a lot

in your life till this day

to get out of the financial state

you have been

and you are in!

-

by now you must be full of frustration

thinking why are you unable to get out of this situation...

you must be having a good number of dreams and desires...

neither you are able to fulfill them nor forget them!

you have been hanging

halfway between hell and heaven...

neither here, not there!

---

the million dollar question is

why are you there where you are?

and why are you not there where you want to be?

---

if you think that is because of your qualification

then think again...

i can show you a hundred people on the street who are not even literate

but are financially well-off!

i know an illiterate man who has established a flourishing wholesale vegetable supply business worth a few crores of turnover!

i know a barely literate man who is now one of the top civil contractors of the state with turnover of a few hundred crores!

so that excuse is out of the window!

---

if you think it's because of your luck,

think again...

you have had the same opportunities in front of your eyes in the market

as before lacs of other traders!

some made profit from the same opportunity

while others booked loss!

so, don't give me that excuse either!

---

if you have a remorse that you didn't succeed because you are less hardworking

you are again wrong...

i can remind you of several instances in your life

when you had worked damn hard!

so keep that guilt atleast an arm-length away.

---

in case you are thinking that you didn't have adequate capital

you are sadly mistaken...

i don't need to remind you the amount of your money that has gone through your hands into the hands of others over the years!

i can also give you several examples where people have made it big with much lesser!

---

and i am sure you won't commit the mistake of assuming that you don't have ideas!

one of the biggest is right in your hands....stock trading!

---

if you think you didn't succeed because of bureaucracy and corrupt system

think yet again...

we all are surrounded by scores of businessmen who succeeded despite these two blessings!

rather, they saw the disadvantage as a blessing loop-hole and exploited to the full to get ahead fast!

---


so

if you think seriously and honestly

you will realise that you are left with no alibi to justify your state-of-affairs!

---

but

what if i told you

that you and me have not succeeded big time so far

BECAUSE WE ARE NOT MENTALLY READY FOR IT !!!



(to be continued...)

Sunday, November 7, 2010

i m possible

If u wanted to be wealthy in stock market but so far have misearbly failed in this aim

then I want to ask you a question.

Have u ever profited in atleast one trade? with method? with confidence?

Did u make profit atleast once? without fluke? with surety?

If your answer is "No" then your problem is 'method' or 'knowledge'.

But if your answer is "Yes"

then what if you had taken 10 times bigger position you had taken in that profitable trade?

so?

your first problem is the size of the trade and the factors which are stopping you from doing so!

and, what if you had been successful in repeating that profitable trick again and again?

meaning?

your second real problem is the inability to repeat what you know or can!

In a nut shell,

your problem is not the lack of knowledge

but lack of repetition and inability to take bigger position.

consistency and size of trade!

You are nearer to the professional success in trading than u think!

Thursday, October 21, 2010

What do you do when....?

What do you do when you win an unexpected but handsome profit?

If you pack-up and leave to enjoy the booty then nothing wrong with you

but

If you dare to bet it all or most of it on the next trade

ADVISED by the method

and supported by the just-won profit

then you have in you what makes a professional trader!

On the other hand,

What do you do when you lose unexpected and rather big?

If you fight back instead of surrendering then nothing wrong with you

but

If you dare to accept the unexpected adverse situation and decide to stay away till you regain your sense of understanding of the winds

then you again have in you what makes a professional trader!

In the words of Pat Holland in his dazzling book

"The 35 rules of Gambling that all investors should know"

Rule 4 : Never chase your losses!

Rule 6: Gamble your early winnings!

Sunday, October 17, 2010

a note to the new traders

Nothing succeeds like success!

Nothing fails like failure!

But nothing is more dangerous than a success that succeeds too easily!

and nothing is more tragic than a failure that fails too early!

The former sets the stage for a demoralising collapse

the latter hits your confidence below the belly and unsettles your resolve!

When new amateur, learner, innocent traders enter the market

they are excited

with spark in the eyes

and dreams being painted with those sparks!

An early success makes them turn their back towards method and discipline and emotional strengthening drill!

But when the devil of the market shows its true colours

the new market ducklings panic

and many simply have no idea how to cope with the unexpected unexplained setback!

Their dreams are shattered!

Their fears start taking the place of their dreams

They meet the thoughts of quitting the trading on their pillow every night when they hit the bed.

Four understandings in the new trader's bags can help him/her in those inevitable dark hours

First, bet small till you have seen the character certificate of the devils in the market.

Second, suspect every success (till u know the real real real reason behind it).

Third, be ready for the hell training which every gentleman cadet goes thru at the military training academy before getting commissioned as an officer!

The fourth and the most important procedure has been suggested by legendary David J.Schwartz

in his classic "The Magic of Thinking Big"

"Keep your eyes focused on the big objective"

In trading our big objective is to become financially free by mastering the trading skills

and not just winning one or two or few profits here and there!

"Resolve to keep your eyes on the big ball."

Whenever you lose, thank god

for losing small

for learning the next lesson

for moving one more step towards the triumphant "commissioning".

Protect yourself from getting burnt out by losses and failures...

Whenever a loss wants to picks up a petty fight with your ego

and tries to knock you out

just ask yourself

"Is it really important?"

"Don't fall into the triviality trap."

"Concentrate on important things."

"Resolve to keep your eyes on the big ball."

Saturday, October 9, 2010

11 Bitter Pills of Trading!

Trading Bitter Pill #1:

Either you are among the winners or among the losers.

If you have any misconception, clear it first!

-----------------------

Trading Bitter Pill #2:

Now when you have accepted that you are among the losers decide who is responsible for this situation!

If you think the responsibility lies with the market forces or bad luck or slow internet connection or bad advice of broker etc then there is little scope for you ahead.

-----------------------

Trading Bitter Pill #3:

Now when you have acknowledged that you yourself are responsible for your being in the losers' herd and not in the winners' group, find out what is not working!

(since you are losing repeatedly, majority of the things you are doing and the way you are doing ARE NOT working)

-----------------------

Trading Bitter Pill #4:

Now when you know what worked and what didn't in your past trades

....start rebuilding your trading career around what worked!

Shamelessly keep repeating the trick that works!

Exploit and milk it to the max!

Trading is about reward, not fair-play award.

A trick that works is worth 10 that promise to work.

Winners don't know more tricks.

Winners know more effective tricks!

-----------------------

Trading Bitter Pill #5:

Courage is the fear whose prayer has been said!

Trade is the risk whose homework has been done!

There can be risks without wins

but there are no wins without risk!

-----------------------

Trading Bitter Pill #6:

Knowledge is not money.

Knowledge in action is!

-----------------------

Trading Bitter Pill #7:

Nobody knows the answers in stockmarket...only opinions!

Ask keeping this in mind!

-----------------------

Trading Bitter Pill #8:

Trading losses have nothing to do with being unlucky for trading.

Its all a method, psychology and risk-management issue.

-----------------------

Trading Bitter Pill #9:

Market hits our actions, not us!

Market rewards our actions, not us!

-----------------------

Trading Bitter Pill #10:

Forgive your mistakes, remember the lesson, stand up and move forward!

Every winner has a history!

-----------------------

Trading Bitter Pill #11:

If you are not clear and specific about what and how much and by when you want from the market, you won't get it!

Also, be clear about what you are willing to give in return?

Tuesday, September 14, 2010

Not my money

Yesterday, one of my friends, a fellow trader shared this brilliant psycho-strategy to bulldoze any hesitation to pull the stop loss trigger.

He shared it with me while sipping hot coffee in the historic Indian Coffee house on the famous Mall Road of Shimla.

"I love my two children a lot! I want to ensure that they don't have to go thru all the hardships I had to go thru in my childhood due to lack of money!

I have been learning technical analyses since past 4 months and have started to trade.

My success ratio as of now is sufficient to encourage me to keep taking a career in trading seriously.

Still I do have my share of trades not going my way.

Sometimes I profit big, sometimes small....

But my losses so far have always been really small....

Right from day one I had devised a simple method to guarantee myself that I don't lose except small.

I always keep the photograph of my smiling kids in front of my trading terminal.

Whenever the price of the stock or index touches my pre-decided stoploss

I simply tell my self -

'This is not my money. This money belongs to my kids. I am the custodian of their money. I must protect this capital. Otherwise what will I tell them when I face them in the evening when they return from the school?'

These thoughts are sufficient to make me trigger the stop-loss in a flash!"

Monday, September 13, 2010

Power of Negative Thinking

Since childhood we have been repeatedly told

"Think Positive"

"Don't think negative"

It is easy to understand why one should "Think Positive"

But why are we told "Don't think negative"?

Because it is assumed that if we think negative, we will attract negative results.

We will not be able to harness our hidden energies!

We will be frustrated and therefore, fail!

But we all think negative once in a while.

Rather many a times!

Since childhood we are programmed to hate 'Negative Thinking'

Is 'Negative Thinking' really bad?

Is it really a villain?

or Are the results of our actions resulting into negative thinking the villain?

Why do we think negative?

When do we think negative?

We think negative when we fear something!

We think negative when we have committed a mistake and are regretting it!

We think negative when we acknowledge that the task in front of us is extremely difficult!

We think negative when we are severely short of resources required to be successful!

We think negative when our confidence is low!

We think negative when we are frustrated!

It is not a crime to be frustrated. We must respect our own sentiments!

We think negative when our training is weak!

We think negative when our exposure and experience is lacking!

We think negative when there are deep seated worries somewhere in our head!

We think negative when we don't want to do it!

I repeat, when we "don't WANT" to do it!

It is a question of injured will-power!!!

Is it, therefore, wrong to think negative?

Negative thinking releases the accumulated negative energy in us.

All we are left with thereafter is = positive energy!

When we choke the negative energy inside us from escaping

we are not allowing ourselves to be cleansed.

We remain clogged with frustrations, failures and fears!

We must let our hidden lava be released!

There is nothing to fear from being negative!

There is a limit to how much negative we can get!

because there is a limit to the negative energies inside us!

Once we have hit the rock bottom

we are sure to bounce back

whether in trade or in life!

We are sure to fight back once we are cleansed

We are sure to get back on our feet again!

But for that we must first drain all our negative energies....

We must let our mind think negative - as much as it wants to...

We must allow this natural phenomenon....

We must hit our rock bottom.....fast!

And strike back!!

That is the power of Negative Thinking!!!

We must think positive about negative thinking.

Friday, August 13, 2010

Who stole my time?

Many of my friends ask me

"How do you get time for all this? Writing, Trading, Photography, Tourism, Job etc.."

Well, while there can be a lot of nice-to-hear answers, but the real ones are my following tips which I developed over a period of time to "get time" for the things I love!

90% of the task-hurdles in our life are nuisance but unavoidable.

These 90% tend to leave little or no time for the balance 10% which are full of life but not high on the agenda of mechanical life!

Here are my no-more-secret "Best Time Management Tips" to manage mountains of tasks in fistful of time!

* Don't do that task!
Unless heavens will fall. There is maximum chance that nobody will be tracking it far enough!

* Delegate it!
Don’t do it yourself unless it is disposing of the bomb you assembled!
Don't keep the dog and bark yourself!

* Put the ball back in the other's court!
Only the serious task will survive the volley.
Encourage self service.
It's so easy to just order a task.
Answer question with a question!

* Don't give it "done" on a platter!
Never give a solution better than the problem.

* Take hell of a lot time…and demand for more!
…and nobody can blame you; you are still doing it!!

* Don't touch it before the 11th hour!
…chances are it won't be required by that time without any side-effects!
…and by delaying, you can check whether the bugger really needed it!
…90% of the tasks started are nothing more than noise, dust and tranquiliser pills to cover up
for real thinking.

* Start it with a lot of advertisement big-bang and park it silently behind the first bend!
Majority of the times, all the task-giver wants is to see action-initiation. That's all!

* Manage the expectations of the task-giver
Put water on it!

* Drag in the task-giver
He will forget about it! (That's what he wanted when he gave it to you!!)

* Postpone it
Useless tasks are balls which come back to remind you automatically!


All this is to separate the necessary from the unnecessary. Task generation has become the favourite passtime of the planet.

As Philip says in his masterpiece book 'Life Strategies' - "Do what works, do what matters!!!"

Only the task which matters should be done. Every other task is an overhead!

Reduce your stress, live longer, get promoted!

Thursday, August 5, 2010

Take good care of your car!

Every trader has big dreams.

Those dreams are likely to take a lot of time.

And once those dreams are realised

the trader would need time to enjoy the fruits of realisation of the dreams!

For this he would be required to live long...

say upto 95 years!

(Khushwant Singh, the legendary writer, is a ferocious reader and writer even in his 90's)

I wrote 95 because I knew you won't take 100 seriously.

Now the question is what will "carry" you till 95?

I mean whether you will reach the age of 95 in the body or outside the body?

Obviously, you can't reach 95 without your body you are presently living in.

So, my next question is

Is your body in good enough shape to carry you for the next 40-50-60-70 years till you turn 95?

Your car is theoretically road worthy for 15 years to carry you places

How roadworthy is your body (which is carrying you) to "drive" you till 95?

Health is Wealth my dear trader friends!

and health is not just physical

it is also mental and spiritual.

Any one of the three goes wrong - and your body vehicle will leave you stranded on the way!

No taxi's available here!

Fortunately, mechanics and engineers are there!

But they also have their limitations!

Preventive maintenance is the best!

Take good care of your

"Life Car"

Sunday, August 1, 2010

When will you be happy?

You are likely to be one of the following four kinds of people:-

1. "Not conscious that I am being regularly unhappy but if i were conscious I know how to be happy!"

= If this is you, you are not "awake", are "intoxicated" with your state of affairs and are caught in the rat race!

2. "Not conscious that I am being regularly unhappy but even if i were conscious I didn't know how to be happy!"

= If this is you, you are caught in the "sorrow trap"! how, when,whether you will be free are the questions!!

3. "Conscious that I am being regularly unhappy but don't know how to be happy!"

= If this is you, all you need is to seek the way out! Half the road to happiness already!!

4. "Conscious that I am being regularly unhappy and know what to do about it!!"

= If this is you, Happiness is set to dawn. You are almost there. Congratulations, you lucky!!!

How to become rich in 1 day? (and happy too!)

By just changing the definition of being "rich"!!!

There are two definitions which come to my mind.

One is the traditional definiton and the other is the need of the hour!

The first definition of being rich is "being wealth rich",

the other definition is "being cashflow rich".

Being wealth rich traditionally means you have a big house, a big car, lot of land, your life style is that of the rich, you wear expensive clothes, you have an air and attitude of the rich, you go to upmarket restaurants, you go to holidays to exotic places, travel mostly by air, everything in your life is first class…and alike.

But there are big holes in this definition.

Your big car may be on loan, your big house may be on loan, your business may be on mortgage, you may be in deep debt, your business may be in loss, your lifestyle may infact be a liability to you, your attitude may be your frustration wrapped in arrogance, you may be facing court cases, your health may be slipping out of your hands, you may not be "really happy" from "inside", your family and relationships may be in tatters…

Being wealth rich doesn't necessarily mean cash rich.

Your net worth may be negative. Who knows the real picture of the wealthy?

I have heard about quite a few "wealthy" who are in deep debts and are applying for personal loans.

They are forced to maintain their lifestyle, they carry the burden of their image, they have a reputation to keep…

They are not happy majority of the times.

On the contrary, "being cashflow rich" is the real thing!

Even the "wealth rich" enjoy their being "rich" only as long as they are 'cashflow rich'.

Being "cashflow rich" simply means that cash keeps on coming to you regularly.

You can do what you want to do…one by one… 80% of your happiness comes from just 20% of the 'things' and 80% of those 20% 'things' can come in 20% of the money!

Think about it.

Our 'wants' are virus in our mind 'computer'. The "system" stands hyjacked!!! Are 'real wants' which give us happiness and make us lively have been trashed!!!

You are rich if you have cash in your pocket, and which will keep on coming in your pocket!

Period!

So, you can be rich from wherever you are , whatever you are, right now, right here… u r rich if your income is more than your expenses.

Or, when your genuine expenses are less than your income!

It appears that we are after money, but what we are really after is "permanent" money!

And the trouble is there is nothing called 'permanent money'.

Money accumulation has become no.1 disease on Earth!

This is the reason why the mad rush of accumulating money never ends.

After 1 lac, you want 10 lacs, then 1 crore, then 10 crore, then 50 and then 100 followed by 500….

Even Bill Gates , Warren Buffet, Ambani's, Mittals want more!!!

Every wealth is subject to confiscation, taxation, inflation, devaluation, fraud, distress sale, death, tragedy, erosion, ... And these worries keep on fuelling the race for more,more and more…

The real life is getting lost while going for symptomatic relief to this disease!

Seeking "permanent" money and wealth creates insecurity, but seeking regular cashflow is much easier…almost instant!

So, want to be rich, here and now!!?

become cashflow rich!!!

Don't worry about tomorrow's cashflow.

If tomorrow comes, and if you are alive and WISE, cashflow will continue!

9 Passwords to Happy Life

9 Passwords to Happy Life

Each one of us desperately wants to be happy. If happiness is a treasure locked in a strong vault with nine chambers, here are the nine possible passwords. Read these without being disturbed, in private, absolute silence and without haste.

First Password
"Simple"
'It is so simple to be happy, but it is so difficult to be simple.'
Life is 99% clutter and 1% substance. If you are a computer and life is your RAM, then this 99% clutter is the virus which has jammed the free flow of happiness!
Remove the unnecessary and in the end all you will be left with is happiness!
But it requires a lot of courage to live simple.
Absence of simplicity is making us all unhappy!

Second Password
"Silence"
The world is full of noise. Noise - of words, of thoughts, of visuals...
Just remain silent for an entire day and your life will change...! Silence will evaporate every clutter in and around you. Silence not just of sound but of the mind as well!!!
Silence never comes alone. It brings smile even when everything around you is on fire! It opens the eyes of the mind!
Absence of silence is keeping us unhappy!

Third Password
"Slow"
Everyone on the Earth is running!
But where? For what? Why??
It is all madness!
99 out of 100 are running because they don't know anything except running or because they see everyone around running.
People are running without thinking. They don't want to be the odd man out!
Stop.
Step aside.
Look how everyone is still madly running! Towards imaginary destinations which keep on shifting everyday and which they don't even know clearly!!!
Leave the track. Get into the meadows!
Death is nature's warning to us to slow down.
The hypnotic pace of everyday life is fueling the unhappiness in our lives.

Fourth Password
"Easy"
Why complicate everything?
Whom are we trying to impress? The person we are trying to impress is already busy trying to impress someone else?
Why make it difficult?
Are we fools?
Keep everything easy and natural.
Difficulty in every thought and action and emotion is blocking our path to happiness!

Fifth Password
"Enjoy"
The ultimate purpose of life is to enjoy life! Nothing is more important than life!!
(But enjoyment must be such that it doesn't sow the seeds of loss of enjoyment at a later stage)
If you are not enjoying, then you are not living!
You are rich only when you live an enriched life.
Enjoy the nature you miss everyday. Enjoy the food, the music, the emotions, the pleasures…
Consuming life without enjoying is depriving us of happiness!

Sixth Password
"Relax"
Relax…life is a picnic…a grand party…It is not a job…not an interview…no race…no question…no challenge…no burden…no deadlines…
Every clutter is our creation. We keep on reacting on everything in life, and life keeps hitting us back!
Lack of rest and relaxation is keeping us tense!

Seventh Password
"Natural"
What requires 'force' brings stress. What is 'natural' is full of life!

Eight Password
"Patience"
Impatience with life is like eagerness for death!

Ninth Password
"Contentment"
Lack of contentment in 'what is', is like throwing away God's starter before he serves you the maincourse...

Relax…life is a picnic…a grand party…It is not a job…not an interview…no race…no question…no
God wanted us to be happy, we used our "intelligence" and messed it all up!

How to take difficult decisions?

Whenever I am faced with a dilemma or question or situation whose answer is difficult,
I go thru these 17 questions / posers and see if the decision surfaces.

I have always found the right decision before I have ever gone thru the complete list!

* Will it be profitable / will it serve the intended purpose?

* Is it futuristic? Today it may seem justified, but will it be relevant in future too? Is the decision future proof?

* Is it a healthy / ethical / efficient thing to do?

* Generally, the decision opposite to the temptation is correct.

* What does your (tiny, little) inner voice and sixth sense say? Often, the little genie inside whispers sense, and often we bully or shoo it away! Generally, we KNOW what is right!

* Remember the Murphy's Law - 'Whatever you do it will be incorrect.' Plan on this hypothecation.

Remember - Everything has a day-after-tomorrow. Don't take a decision hastily or impulsively or on short-term considerations.

* Is the decision 'natural and obvious' or 'forced'?

* Is the decision technically correct? I mean, if you were to involve only head and no heart, would you still take it?

* Ask yourself point blank - What is the BASIC OBJECTIVE of the decision? Often, frank answer to this question will be eye opener and decisive.

* Ask yourself - What are the pros & cons of this decision? What are the implications & repercussions?

* Ask yourself frankly - "Am I mentally ready for this?"

* Ask yourself - Is this decision in harmony with my life? Does it fit culturally and psychologically?

* Don't forget other stake holders' rights! Ask youself as to how this decision will effect those stake holders. The stake holders may be your family, friends, colleagues, general public etc..

* Consider the practicalities of the decision. Often the asking may be eye opener.

* Generally speaking, don't decide till you are passionate about the motive.

* Ask yourself- What assumptions I have made in deciding? Sometimes our assumptions are totally or critically wrong. Look for the missing links.

Today's decisions, tomorrow's reality. Good Luck! Take the right decision!!!

Sunday, June 13, 2010

Life lessons from RSI

* you can't keep a good man down for long

* a bad man can't keep himself up for long.

* no thing or situation can remain in highly excited state for long.

* no thing or situation can remain in highly depressed state for long.

* if things are good due to some genuine reason, expect them to get better to the extreme unless there is a change in the fundamental realities.

* if things are bad due to some genuine reason, expect them to get worse to the extreme unless there is a change in the fundamental realities.

* any highly excited state is unsustainable and unstable and is an opportunity.

* any highly depressed state is unsustainable and unstable and is an opportunity.

* before jumping into any extreme situation, wait. the biggest sting comes just before reversal.

* any wave of situation, emotional, financial, social, physical, political etc. is likely to continue till it reaches an extreme, and then it recedes.

* while receding, the situation is likely to retest and retry to regain its earlier heightened state atleast once.

* if it fails to regain it, the situation is surely dying.

* if any heightened situation remains constant but perception of the participants starts receding, it is a pause before the continuation of the severe situation.

* if the situation is improving but the perception is worsening, or when the situation is worsening but the perception is improving, the situation is likely to reverse soon.

* any situation is likely to pause or reverse at its extreme.

* excess of everything is "bad"

Sunday, May 2, 2010

Invest in & hold on to these 10 stocks for lifetime!

1. Children

- yours and everyones!

2. Spouse

- your partner for life!

3. Health

- maintenance of the "vehicle" you are travelling in the journey of life!

4. Faith & trust in God

- if you don't know the meaning of what is happening in life, trust Him!

5. Guru

- someone whom you can fall back on in dark times for light!

6. Honesty and Character

- lets keep atleast our own self clean!

7. Cleanliness and Orderliness

- in the mind and outside!

8. Spirit of life

- live a lively life and let live!

9. Mother , Motherland and Mothertongue

- including Father, Bros & sisters, Countrymen, Fellow human beings, Own Culture, Animals, Plants & Environment!

10. Self

- who's this?

- don't lose yourself! There is only one on this Earth! God was not wrong when he created you!!!