Chess Widget

Trying out a chess widget on my Blog ... A sudden bend to use technology !!
Lets see if this works out


Looks some thing is wrong with the code... Hmm got to find some help..

A new feel

Its Aadi season and you have lot of offer on the cards. So I thought why not an Aadi offer for my blog. It has been a total neglect for a long time , so though of dust up the blog and included a new counter and global tracker to add that extra fizz.

That's not all we have more in store ... Couple of earlier blog rolls that I have in the HOT links have been pruned and fresh ones added. Of the new ones that I have added are Nasia and Arthi’s blog. These ladies give a whole new perspective and are quite a regular blogger so you have a thing or two other from them.

Nikil and Lijo have been moved out while Sara and SK find a place in. Nikil and Lijo have been a bit tight as the new found workplace firewalls are a hindrance to their creative side. So to compensate I have included Sara who is bound to bounce you out of your chair and SK with his SK-ism will kindle your grey cell to the extent that you won’t suicide.

Rohit has been maintained as I feel that he is bound to make a come back, I feel his job at Fever FM takes away most of the waking hours. Let me check if his mobile blog is up.

Also have added couple of investment blog to bring us back to monetary world.Couple of them mind sound too techie but I suggest that you stick on and keep reading and sure it will grow on you.Most of try and avoid money matters but a small dose of this kinda reading will be of sure help in the road ahead in life. This I hope will stand you in good stead and possibly so that you wont fall for the ULIP misselling that some advisors might come up with even without asking what your risk profile is !! phew

Yeah! you must be hungry after reading all this so to pep up things have included couple of food blog as varied as American, Continental and Indian American.

Hope you will like the new blog roll.

Can I have some Serotonin please

Most traders want to excel in their trades. It is the unwritten rule of the capital market game. It is also to increase the pie for the proprietary account or the client account. Which ever way the market moves the trader needs to be on top.

Not all traders are aggressive and as in any field you always have the so called laggards. It is always good to be the top of the line metro sexual alpha male.

It has always intruded me if I can find out what kind of mentality these people possess at the work floor by following some of the common and often ignored traits that people display at the work place. A few pointers on this.

Talk: If the person is extremely loud and talkative. You might very well find that they are aggressive in the field and the anxiety brings them to be very loud to get things across to the other pesron. Being loud can be taken as a symbol of authority. More often when there is no one to question you. A more subtle and non-aggressive person on the other hand is bound to make a softer landing approach and in a more unhurried manner.A relaxed approach is bound to have more safer than rough handling.

Walk: In a similar manner the most of the aggressive person more around quickly as the time that they have is not enough or at least thats the signal that you tend to get across. It is make or break at any moment for these kind of people.The cool cat trader on the other hand takes his time and is more risk averse and is more often found leaning towards the safer side. This type have a good risk management in place that at the slightest hint they wind up the position. Even thought the upside is unlimited the down side is also limited.

We can immidiatly figure out when a aggresive guy have fallen out of place. There will be a sudden breaking effect that shows up. You can feel that extra bit of lethargy in place with the person.The area becomes gloomy as the sound bytes die out. The way things shape up the unlimited risk would have hit like thunder bolt out of the blue.So if you could watch out you can probably see it coming.

So it if you get a chance do check this out and let me know the results. Well you make ask what Serotonin has got to do with behaviour.Well higher level of Serotonin plays a very important role in your behaviour pattern. A time is not far away when we can have it as a pill !!

I am a Bearish

We folks have a fancy for bear market or slightly bearish trend like what happened y’day.

This fall of 600 odd points on 01-Aug had couple of us cheering away. (No man no drinks. We want to stay sober) You could have found a some of us egging the index to fall a bit more !! A scene that is hard to believe after the tremondous bull run that we have had.Else where on the floor we found couple of folks squaring of long positions in frenzy as they had been caught on a wrong footing. Poor folsk hope they did not loose their shirt.

It is hard to make money unless you have a pretty good call on where the market is heading.Typically we late night owls keep an eye on the DJ (Dow Jones).With the rising market it was bound to fall anyways. But the key point was when it will break free.On 30-July the DJ was flat until the last hour of close. Then there was this sudden free fall of about 100 odd points.

So,the next morning we had this sell trigger and keeping a close eye on the Asian markets confirmed the call.So couple of our folks ventured into selling the Nifty future and needless to say had a windfall gain. Unfortunately for our gang who did not have the financial muscle to get into position in a very short period this was a big opportunity loss.But never the less we liked the bear operators having fun a lot.

But the silver lining was that I was harping on a Put option with couple of like minded folks for a couple of weeks.I had expected the market to correct before the July expiry. But it seems the market was waiting for smoke signals from across the globe. So any one who has had taken a August In-the-money Put option would have seems a good notional profit right now.

So how will the market go from here.Well I am waiting for the BOJ (Bank of Japan) policy.If they raise the Interest rates by another 25 bps then Will suggest to take buy another Put option expiring on Sep as the cumulative effect of FII winding up positions will have a chain reaction that can be seen here. Typically we can see the fission type reaction in about a month from the BOJ announcement i.e in case we have a rate hike. Other wise it will be neutral to slightly bullish.

Hope the BOJ raises the interest rates!!