Anirudh Sethi Report

I start my day with a cup of coffee, everyday. A cup of freshly ground, and brew Espresso or Long Black is essential. I am not a coffee expert, but I am a coffee lover. I have my grinder and Espresso machine at home. Barista technique breaks down into three time scales and skill levels:

The first is the minute or so spent grinding and making the shot. The key here is acquiring the skills to make shots consistently. One should be able to turn out four or five in a row with virtually the same timing, volume, color, crema and taste. This skill is a physical thing, that is, it’s a matter of training and practice rather than learning.

The second is the time spent carefully tasting an espresso or series of espressos, identifying the flavor balance and defects, and making adjustments to ones pull or machines to correct them. The “dialing-in” process for a new blend usually requires a series of shots to get a satisfactory result, and can proceed over several days to fine tune it. To do this well, one needs to have experience in tasting and analyzing good espresso. One also needs to know how changes in extraction variables and machine settings affect the espresso’s taste.

The third is acquiring experience and informed preferences with a wide range of coffees, blends, espresso equipment, and alternative techniques. If you or someone you’re serving wants an espresso with a specific pallette of flavors; you will know how to provide it. Home roasting and blending helps in this. So does visiting good cafés and roasteries, and talking with the knowledgeable people there.

I see a lot of similarities to trading. What do you think? Start making coffee…

With the dramatic rise in gold’s popularity many still need to be educated about some of the core concepts of the gold market, such as who holds it, and who produces it. Courtesy of Money Hacker we have a useful visual representation that answers precisely these two questions. In addition, here are some of the most useful and trivial factoids about gold, that have no bearing on its price whatsoever, but serve as perfect cocktail small talk.

Click Image to ENLARGE !

Some Insights into the data on the infographic:

All Gold Ever Mined – The total amount of gold ever mined is estimated to be worth around US$5 trillion.

How Gold is Used – You might have though (like me) that most of the gold in the world stored in bank vaults and lock-boxes? Actually, 78 % of the worlds’ gold is made into jewelery. Other industries, mostly electronics, medical, and dental, require about 12%. The remaining 10% of the yearly gold supply is used in financial transactions. Read more…

Yes ,In just 4 sessions from 1045 to 1133 level ,My Target was of 1125

Yes ……….Having Bad Habit to Mint money from all corners !!

This is Power of chart …..Nothing else.

Copper :Kissed my Target of Rs.360

Steel :In afternoon updated and already up by Rs.100 or more.

SILVER :Now Trading at 31100………..Still Hot !!

I Will Update more to our Subscribers

Updated at 19:01/02nd Sept/Baroda/India

We have hit the Bull’s and Bear’s eye in its Retina. See NF Levels

 Day Before we have exactly forecasted exactly 5356 bottom

Y’day Trigger Point, 5462, to bolster rally beyond 5500

Today Maket Top out point 5509, which it failed to cross since opening

 Bank Nifty on fire – Sugar Stocks Shakkar se Takkar – Tata Motors on Top Gear

 See the Timing: Market active till 11 AM, Dull till 1.30 …. Attempting thrice in vein to cross 5509 – The Laxman Rekha

 Market ka haalath, Timing, Levels, Individual Scrips… everything bought to you in crystal clear perfection by www.anirudhsethireport.com  

All our subscribers are buzzing in rejoice

Many of my Subscribers …had done Farmaish to keep this song………!!

(Yes ,All had joined us in Fatal Attraction II )

 And …………Just for Readers ,Just enjoy My Favourite Songs.

 Keep Smiling ,God Bless My Critics !!

Updated at 15:55/2nd Sept/Baroda/India

Facebook is now worth as much as $33.7 billion, after investors have paid up to $76 for a share in the company ahead of its much-hyped flotation on the stock market, according to a report.

7:45 am – ECB Rate Decision

8:30 am – US Final Q2 Nonfarm Productivity, Q2 Final Unit Labor costs, Initial Jobless Claims, Continuing Claims

10:00 am – US July Factory Orders, July Pending Home Sales

10:30 am – Natural Gas Inventories

11:00 am – US Treasury announcement

1:00 pm  – US Treasury’s 10-year TIPS auction

1. Never, under any circumstance add to a losing position! Ever! Nothing more need be said; to do otherwise will eventually and absolutely lead to ruin!
2. Trade like a mercenary guerrilla. We must fight on the winning side and be willing to change sides readily when one side has gained the upper hand.
3. Capital comes in two varieties: Mental and that which is in your pocket or account. Of the two types of capital, the mental is the more important and expensive of the two. Holding to losing positions costs measurable sums of actual capital, but it costs immeasurable sums of mental capital.
4. The objective is not to buy low and sell high, but to buy high and to sell higher. We can never know what price is too low. Nor can we know what price is too high.  Always remember that sugar once fell from $1.25/lb to 2 cent/lb and seemed cheap many times along the way.
5. In bull markets we can only be long or neutral, and in bear markets we can only be short or neutral. That may seem self-evident; it is not, and it is a lesson learned too late by far too many.
6. Markets can remain illogical longer than you or I can remain solvent according to our good friend, Dr. A. Gary Shilling. Illogic often reigns and markets are enormously inefficient despite what the academics believe.
7. Sell markets that show the greatest weakness, and buy those that show the greatest strength. Metaphorically, when bearish, throw your rocks into the wettest paper sack, for they break most readily. In bull markets, we need to ride upon the strongest winds as they shall carry us higher than shall lesser ones.
8. Try to trade the first day of a gap, for gaps usually indicate violent new action. We have come to respect gaps in our nearly thirty years of watching markets; when they happen (especially in stocks) they are usually very important.
9. Trading runs in cycles: some good; most bad. Trade large and aggressively when trading well; trade small and modestly when trading poorly. In good times even errors are profitable; in bad times even the most well researched trades go awry. This is the nature of trading; accept it.
10. To trade successfully, think like a fundamentalist; trade like a technician. It is imperative that we understand the fundamentals driving a trade, but also that we understand the market’s technicals. When we do, then, and only then, can we or should we, trade. Read more…