Tuesday, March 13, 2007

Toota Sanganak

Thats devnagari for a broken computer. Its been more than 3 long days since I used my PC - its broken. Lots of things which seem wrong with it. All I hope is the data remain intact. You know, with all those endless searches on the world wide web trying to fill up my 80 GB SATA, I won't wanna lose out on any of that.

Pakistan is going to fight it out with the Windies tonight (at least here in India) for the opening match of the 2007 World Cup. The timing couldn't have been better - matches start around 7 p.m.!!!! I guess a DTH service on a new LCD / Plasma TV would well be worth it, wotsay? Aaah, if only chlorophyll had monetary value!

Have you ever had this feeling when you are blogging and dont knwo what to write? I have this now. So..... what should we write here....... ummmm..... how do I fill up this window with characters..... erm.... well, yea... cigarettes prices have increased in Indi after the Budget. The once Rs 2/stick Wills Navy Cut is now Rs 3!! Benson Hedges Lights is still an afordable Rs 4/stick.

Have I lost it yet? What else...hmmmm.... ,..

Monday, March 12, 2007

In my spare time I like making models on personal investing, trading strategies, financial goal mapping, financial plans , investments plans etcetera.
One of these which I'm trying to use myself and tweak it regularly is what I call the 10% trading strategy. It addresses 3 different scenarios basically with my supposed market reactions and what the investor (me in this case) can go about doing. As you can see its still primitive and the various permutations / combinations can be dizzying, but for simplicity this is how I would go about. Here it is:


Needless to say it does not take into account the vagaries of the markets in entirety. What this manages to achieve though, is the fact that trading demands consistency and careful monitoring with Stop Losses. After all, if it was easy, everybody would have been minting money by trading on the markets.

Thursday, March 08, 2007

Random

Selling with passion - that was the topic of a training I attended yesterday. It was mostly global gyaan, with a few sales closes, the process etc thrown in. Not bad, but not very good either. Kunal recently suggested a career move - out of banking, id est. Come to think of it, its no big deal for me what with this being my 3rd job in as many years! Another change... well, lets see. Apparently the fact that I have an IT degree apart from the quintissential MBA may just help me get that. Fancy titles, though - Consultant / Analyst etc. Having thought about it and after discussing over it, I guess why not. But before that, let me do all I haven't done while I've been here in banking. Let me go about ruthless, persevering selling to the hilt before taking a bow, if at all!

No, no, no. I haven't decided to move on, its just a thought, a very interesting one at that. So I'm embarking on doing just that. Give me a week and I will update you with how it went. And all this while I thought I was an advisor...