Showing posts with label stock trading. Show all posts
Showing posts with label stock trading. Show all posts

Wednesday, February 25, 2009

Interesting Things to do for a Year

Well, there are a lot of interesting things to do in the span of one year. I could have done lot of interesting things and updated this interesting things blog with lot of articles on interesting facts or things on various day to day matters. I decided to pen them down today as it is now exactly an year since I wrote my last interesting or not interesting post on this blog.

Interesting things to do
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What Have I been Doing All These Days?

I have not updated this interesting things blog for a long time (a year). I thought I had updated in November. But it was not so. I had completely gotten out of touch with this blog. Earlier my perception towards writing this blog was different than what I have now. But anyways I have now changed for the better to keep blogging about really interesting things.

All the time in the last year I have not updated this blog. I have been busy trading stocks for almost first six months successfully. Then came the period where my day job is taking away lot of my time – day and night. So I could not put enough effort for trading and not even time. That ended me with nice losses in the last six months.


The Past was Different

I could have continued but I did not want to take on a string of losses to go till bankruptcy. This was an important principle of my stock trading or whatever work I do. Unless reason demands this principle is in-built in my stock trading.

Thereafter I had thought about taking a good break from stock trading and considering a new reality for my future. I started looking all the things I had done and had wished to do in the past for more than three years since November 2006.

Earlier I wanted to do some interesting things like:
• Writing 1000 articles in a month for Triond
• Writing 5000 articles on different topics in a year
• Writing regularly for my different blogs on interesting things, health and fitness, general news, travel, personal finance and a community blog on self-development
• Become professional day trader, slowly starting from lower capital to higher capital and incorporating several day trading techniques that I learn from practice
• Get good page rank for atleast one blog so that I can get good audience for my work
• Build intangible assets in whatever form

Writing Articles
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All of the above things were very interesting to do at that time. But I didn’t realize what I was missing to accomplish all of them. I had done some of them partially. But it is now that I had realized something lacked when I made that plan. The past was different. I have changed now for the better.

New Year New Plans

February month of this year has been a great period for me. I have learned a lot of things that gave a completely new perspective to my daily tasks and goals. I am now more willing to do things for long term benefit than short term. Below are some interesting things that I want to do for the coming year.
• Write quality content that is unique and valuable to the readers of my articles
• Write regularly and gradually increase the pace
• Generate traffic to my blogs and articles at Triond
• Get a page rank to my articles
• Write about interesting things on various topics in this blog
• Check blog stats and updates from Google webmaster tools and Google analytics
• Always be open to learn from whatever I do by looking at things done in different perspectives at different times
• Slowly build network of online friends from blogs, community websites or social bookmarking sites through active participation
• Change the daily life-style from a night working person to anytime worker
• Go to bed early and get up early as a routine
• Develop self-discipline
• Gradually go back to stock trading starting with low capital and incorporate all lessons learnt from the past

Since a month I have been on the track of a change in my life-style. I have already started doing some of the above things. I have taken a thirty day trial plan to get up early and go to bed early. I have been doing well for 24 days of this thirty day trial plan. I have been active in writing articles, blogs, social site participation. But I still need to do a lot more. I will keep doing these interesting things over the period of a year.

What is more interesting now is that I have learned why it is important to provide quality content to the reader. Atleast as good as I can provide rather than writing something for the sake of writing. I will keep writing about a lot of interesting things here and at my other places of writing. So keep in touch as I share my thoughts.

Other interesting articles



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Saturday, August 25, 2007

Important Chart pattern for stock trading

For an average investor it may be difficult to do the necessary research on a particular company and find out if it is worth investing. But he can invest in a company by knowing certain chart patterns without the need for the company’s details. What makes it different is that it helps make decision based on investor sentiment.


Investor sentiment varies from time to time. So is the price of a stock. When times are skeptical the stock will start range trading. After the skepticism is over it rises again. This is the most important chart pattern. Whenever we find a stock to be range trading, it means that the stock is preparing for the next move. Most the times the move will be upwards which means that for example if you trade 10 different stocks 7 may go up and other down after buying.


Here patience plays an important role. In my experience I have seen that the stock goes up by min. of 10% after range trading. But when the move will start is uncertain. Sometimes a minor down move may occur. Be patient till you reap more than 10% gain, even if it takes four months. This is what I am currently testing. After four or six months I can analyze my trades and find out the average return.


Find the previous posts at:

http://makeitf.blogspot.com

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