The Fine Art of Trading – Mr. Narendra Modi’s Style
25 February 2015
The Fine Art of Trading – Mr.
Narendra Modi’s Style
Greetings from Hitesh! Thanks for being regular
reader. Today I am going to show you a practical way of trading from none other
than a man who has come a long way from a Tea Vendor to Prime Minister of
India. Yes, I am talking about Mr.Narendra Modi.
I have been observing his moves in recent past,
particularly after defeat in Delhi. I have also observed his moves in last 9
months and here are my findings.
Creating a Foundation:-
We have dealt with the importance of foundation on 24
January 2015 “Why Dubai only has BURJ
KHALIFA?”article. But if you look at Mr.Modi, he has created a foundation
for launching India into a growth trajectory. His travelling and tie ups with
the foreign partners / generating Rs.
1 lakh crore for states from Coal auctions / allowing FDI in various sectors /
Redefining growth strategies through NITI Aayog / Linking Aadhaar Card to LPG /
Clean India Movement / Clean Ganga Movement and the list can go on. I expect
his coming budget to focus on long term growth issues of India rather than
short term populist measures.
A smart trader also creates a solid foundation
before even doing a first trade. He is not pessimistic or optimistic – he is
realistic and takes all the pain to achieve his goal of making money.
(How Normal Guys See? – They are normal because
they always ask What’s In It for me?
They have very short term attitude. All they want things at cheap rates or at the
best FREE. Most normal investors also judge the share market by the performance
of their stocks. According to them a consultant is good only and only if the
shares recommended by him moves up immediately. Problem with this attitude is –
they will die with lot of unfulfilled dreams.
I suggest you create a strong foundation in the
area of which you want to grow.
Following a Stop Loss:-
He was sure for win in DELHI. But he lost. So, he
immediately changed the strategies. Prior to Delhi defeat – he did not meet
Mr.Kejriwal / Sharad Pawar / Lalu / Mulayam. But immediately after the DELHI
results – he started meeting them one after other. He left his EGO on one side
and called all party meeting before budget.
He has nothing to achieve now. He has no SON to
settle. He has reached to the best post a person can reach in INDIA. But he has
a passion to do something for India and that passion is making him do
friendship with the people whose integrity is doubtful.
Smart traders also follow the same. However, sure
they are for the stock price movements – if it does not move – they follow the
stop loss. They do not hesitate to book the small losses.
Creating an EDGE:-
BJP is facing issues with Shiv Sena in Maharashtra.
To counter them – he met Sharad Pawar!! This way he has created an edge to negotiate
with Shiv Sena.
Smart trader trade only and only when they have an
edge. Their edge could be an information / unique interpretation of available
information or it could be their attitude. They never trade without an edge.
Giving Back to Society:-
Mr.Modi has a Habit of donating his gifts for the
better social causes. Before becoming a PM, he was given Silver equal to his
weight by Bombay Diamond Association – he gave it for SARDAR Patel Statue.
Recently he auctioned his Suit / his gifts from USA
and NEPAL for Clean Ganga Movements. When you give you create a chance for new
and better things in your life.
Look at Warren Buffett / Bill Gates / Mr. Anil
Agrawal / Azim Premji / Ratan Tata – they
all are giving back to the society!!
What is the recipe of successful
trading?
It is simple. You just need to take four steps.
Create Strong Foundations / Trade with an Edge / Follow Stop Losses and have an
attitude to give back to the society. If you can take just four steps – I assure
you a very good success in trading.
What Next?
If you have not been listening to us – you need to
do Self-assessment.
If you "weren't able" to join us, I hope you will take the time to
ask yourself "why?"
Is
it that what we were saying was not making Sense to you? Did you not have the
time? Was life too hectic? Were you just not interested? Be honest with
yourself. There is no right or wrong answer, it’s simply a dialogue with
yourself.
After that self assessment, follow up with these questions.
1. Could
you have tried our services for just one year?
2. Could
you have joined for part of the time say for just 3 months, just to gauge your
interest and our expertise?
3. Are
you scared to learn a new way to make money?
4. Are
you sticking with what you know only because it is comfortable?
This self-assessment is only for you, it's no one else's
business. After some consideration, do you wish you had joined us? If your
answer is YES – I suggest you contact us.
Have a Great Budget Days.
Follow me on Twitter @hiteshmparikh Or on Whatsapp - +91-9869425399.
Live With Passion…Invest With
Passion.
Hitesh Parikh.
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