“Sun Tzu said if you sit by the river long enough, you’ll see the bodies of your enemies float by. The key is “long enough.” If you live long enough, you have to be the survivor. When I was a kid, we didn’t have the video games you have today, so we used to listen to comedy records. One of the greatest ones was Mel Brooks doing the 2000 year old man. Carl Reiner says to him, “how did you get to be the world’s oldest man?” And he says, “Simple. Don’t die.” How do you get to be the world’s oldest investor? The answer is don’t crap out.

“So if you look at distressed debt where we started in 1988, I could tell you who our number one competitor was in every year through 1995 and not one is a main competitor today. And it’s not because of what we did; all we did is perform consistently. They crapped out. It sounds simplistic to say, but the first requirement for success is survival…”

- Howard Marks

What steps do you take to ensure survival as a trader?Do you think about markets from the perspective of wanting to be around for a very long time? How do you proactively make that happen?Blowing up, bleeding to death, and grinding out are different ways to “die.” Imagine three failed traders, one for each of the ways. What might the postmortems look like?

Last Close : 5994

Yesterday as Expected (It was Reversal Day ).Our Stop was 6160 for Shorts…Recommended & Written on Friday/Saturday …!!

Yesterday ,We told our Subscribers :Below 6118 level……..We see PANIC upto 6080-6068–6030-6018 level.

Intraday told below 6018 …Below this level will take to 5980-5968.

(It kissed low of 5986 )

Yes ,Exactly after 21 sessions …….Fibonacci  Number had shown its Magic.

Fall May Arrest between these two levels.Major Support or Last Hope is 5928.

*Two Consecutive close below 5928 will take to 5808—5768 level.

Today if Not Breaks low of Yesterday and Trades above 5995 will take to 6022-6031 level.

Above 6031 if sustains for 15-20 minutes then More Firework upto 6058-6067 level.

Major Support at 5968 ,5928 for Day /Swing Traders.

-More Details ,Intraday levels to our Subscribers-

Updated at 7:12/14th May/Baroda/India

Today Afternoon told to Buy GOLD ,When it was trading at $1375.99

http://www.anirudhsethireport.com/gold-silver-dead-cat-bounce-starts-silver-spot-just-watch-23-89/

Our Target for GOLD was 1388——1405 level.

Just Click to Enlarge………………….Just 20 minutes back it kissed $ 1403 level.

Yes ,This way u have to Mint Money……………From 1377 to 1403 in just 6 hrs of trading ??

Technically Yours/ASR TEAM/BARODA/INDIA

On 26th March ,We had written this :

http://www.anirudhsethireport.com/tata-steel-short-term-target-294-257-level/

Yes ,As Expected its in Freefall mode and more PANIC more PAIN on card.

Below 140 level………………………Watch PANIC PANIC !!

Slide upto 137——–135 level in hrs only.On Rise ,Sell Sell Sell !!

Yesterday Intraday Recommended to buy this stock and it blasted !!

Above 1893 level if trades with volumes and sustains for 15-20 minutes will take to 1935—–1948 level !!!

Don’t panic @ lower level.

Below 391 level ,WE SEE PANIC PANIC PANIC upto 367—359 level very soon.

Sell if u can and Relax !!

We love GODREJ Industries ,IGL ,BIOCON…………………All three our Darling stocks.

Yes ,First & 3rd Having Long position (Our Subscribers knows )

-More Stocks ,More News ,Intraday levels to our Subscribers.

Updated at 9:49/12th April/Baroda/India

There is also the emotional blow up, a trader can lose their faith in themselves or their system and lose the confidence needed to take entries. The entries come and go and they can no longer pull the trigger. Understanding the possible historical draw down of your system and understanding it is the market environment no you who chooses if you win or lose can save you from this fate of ruined confidence.

You could blow up simply due to the fact that  your system has no edge, you are just slowly giving your money to the house over and over with commissions and the bid/ask spread. You must understand why you have an edge and take the entries when they come and cut the losses when the trade fails. Is your edge a trend? A chart pattern? A mechanical system? A stock profile? Swing trading? Trader know thy edge or you will not know profitability.

The ONE BIG TRADE blow up is caused when you are 100% sure of a trade and bet your whole account. I do not believe this is really a risk management problem this is an ego problem. When you shift from a 1% risk per trade that gives you 100 chances to win to a 100% risk in one trade you truly must be an egomaniac, a gambler, and doomed to eventual failure.

From Monday ,We were writing to Sell NF and its in freefall mode !!

Yesterday we had written :Below 5637 level it will slide to kiss 5604-5594

During Trading hrs ,Yesterday we had written this :

http://www.anirudhsethireport.com/watch-11171-for-bank-nifty-5594-is-crucial-support-for-nifty-future-before-20th-may-unexpected-level/

Yesterday itself only ,We told and written below 5590 level it will PLUNGE to 5555-5520 level in panic.

Intraday it can slide to kiss 5568——————5550 level & then Panic upto 5520 not ruled out.

Intraday Spike can come during trading hrs………..But on RISE SELL SELL SELL SELL SELL SELL !!

Now ,5700-5750 will as Major Hurdle for NF.

3DEMA @ 5651 ,7DEMA @ 5682 LEVEL !!

After Looking at Qtly Chart on Log Scale :Our Reading says….

1 )The level of 5800—5860 will act as Major Hurdle for Next 3 months.

2)Three Consecutive close below 5640+Weekly close if happens ,Next Target will be 5480—-5425 level !

3)On downside PANIC upto  5285———-5231 not ruled out.

Above Forecast Valid upto June 2013 (For next 3 months ).

Updated at 9:00/05th April/Baroda/India

The best trading method remains going with the flow of the markets, not the other way round. As Dr. Van K. Tharp puts it, the trader’s struggle with the market is the problem.  Market wizards trade only clear market propensities (not going against the propensities), and they stay out of equilibrium/trendless markets. If the markets are going south, they go south. If the markets are going north, they change to a northward bias.  Really, you won’t be able to handle your open positions skillfully, if you’re experiencing problem handling your reactions to the markets.  If you find it difficult to trade the markets with a measure of success, I would like to give you a simple advice.  Switch to bigger timeframes.  Short a predominantly falling market and purchase some contracts in a predominantly rising market.

For you as an individual trader, it is imperative for you to ensure that you’re not betting too big on an individual trade. Those who bet too big may win jackpots, but they tend to loose too big when things turn against them. There is a clear disparity between trading and gambling. Personally, I wouldn’t risk more than 1% of my portfolio per trade. Victorious traders do that for their permanent victory, and you should be able to do that too.

-From Last Two Days we were writing :Not Crossing 5990 & trades below 5970 will take to 5911—–5891 level.

Below 5891 level ,Our Target was :5832————5812 level.

(Just see ,Yesterday Crashed Intraday upto 5858 level and closed @ 5867.75 )

But-Writing & Trading will only give money if u implement it……..otherwise no Fayda @ all.

Those Who Shorted on Friday Afternoon till Monday Morning………………We had Received  more then 500 mails or more about Power of chart !!

Yes ,Below 5890 level……..Our Target of 5832 ,5812 is intact.

-If Breaks and Closes below 5812 with volumes then our Next Target :5753—5733 !!

Today’s Hurdle @ 5891—5899 level.If crosses with volumes then ?Will Update more to our Subscribers.

Nifty Future to Kiss 6000 First or Will it Tumble to kiss 5700 & then 5400 level in coming Weeks ??

In Next 2 sessions….Trend will Get Clear.

-More Details to our Subscribers ,Updated at 7:15/14th March/Baroda/India

Last Close : 12080

Last Major Support at 11978 level.

(Below 12089 if trades with volumes………………….will see Above level in hrs )

Below 11978 level………….If able to Break and close below for 2 Consecutive Days then ??

PANIC upto 11646———————-11535 not ruled out.

TRENDLINE Support at  11840–11850 level.

-More Details to our Subscribers during Trading hrs.

Below 2206 level if trades with volumes ,We see PANIC upto 2184—————-2177 level in PANIC !!

(Major Support @ 2182.Close below this level for 2 days will take to 2143-2130 )

As Expected its Bloodbath …………………All Fundamentals and Result gone !!

Will TRY to kiss 1071——-1058 level in PANIC !

-More Details to our Subscribers -

Major Support @ 654 level………………………..!!If Breaks this level with volumes and trades for 15 minutes ,Watch PANIC 

Upto 640-635 level in hrs only.

(Looking Extreme week )

Below 668 level if trades with volumes…………..Watch slide upto 660—-657 in Hrs only.

Yesterday it kissed and broken our last target :752 level.

Below 752 level ,We see PANIC upto 717————–705 level ????On Rise Sell it !!

448+ 40 = ???

425-40 = ???

Just Watch Weekly Chart and Look at TRIANGLE ,RSI !!

Yes ,Our Support level intact of 688 level.

Decisive Break with volumes and if sustains for 15-20 minutes will take to 650——-637 level in coming days !!

Today’s Hurdle at 708—–713.Once it will cross 713 level watch SHORT COVERING upto 729—-734 level or more.

(In Panic ,In Decline……….Will Buy this stock ,Grab March Future and Just Relax )

-More Stocks ,More NEWS ,Intraday levels to our Subscribers.

Updated at 7:25/22nd Feb/Baroda/India

The Nikkei index surged to a 22-month intraday high in early Tokyo trading Friday, bolstered by the U.S. Congress’ passage of a bill to avoid the fiscal cliff and the yen’s continued weakness against the U.S. dollar.

At 9:15 a.m., the 225-issue Nikkei Stock Average was up 290.64 points, or 2.80 percent, from Dec. 28 at 10,685.82, a level unseen since March 4, 2011. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 25.02 points, or 2.91 percent, at 884.82 in the first session of 2013.

All 33 sectors were in positive territory, led by carmakers, tire makers and insurers.

Japan’s financial markets were closed until Thursday for the New Year holidays.

On 17th December ,We had Written this :

http://www.anirudhsethireport.com/nikkei-closes-at-8-5-month-high-on-ldps-election-win-last-hurdle-at-9877/

The Nikkei index closed at its highest mark since March 2011 on Thursday, a day after the launch of the government led by Shinzo Abe, amid the yen’s continued weakness and expectations of aggressive monetary easing in Japan.

The 225-issue Nikkei Stock Average gained 92.62 points, or 0.91 percent, to 10,322.98, its highest close since March 10, 2011 — the day before a massive earthquake and tsunami hit Japan and triggered a bout of heavy selling.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange added 6.38 points, or 0.75 percent, to 854.09. >> Read More

“Ask not what your country can do for you; ask what you can do for your country.”

Trade the market you are in, do not try to short bull markets picking tops or go long bear markets picking bottoms. Fighting the prevailing trend can be ruinous for you emotionally due to many losses in a row and the size of those losses. Trade with the prevailing trend.

Yesterday Enjoyed Blast in T.Motors ,R.Capital ,Intraday enjoyed blast in B.Forge ,Havells India and many more stocks.

Long :Colgate ,Ranbaxy ,PFC ,HEROHONDA ,GRASIM ,Mcleod Russel,Mcdowell 

Short :ITC ,TITAN ,IRB

-Above 362.50………………………Catch @ Opening Bell.

We see Rally upto 366—————368 level in minutes only.Chances are very Bright it will retest 374.50-376 level very soon !!

(Yes ,On Rise Sell Sell Sell  :TATA GLOBAL )

Above 1923………………….No worry @ all.Target 1958–1969 & there after unexpected Buying !!

Will Update More to our Subscribers during trading hrs.

RALLY Upto 1460–1465.50 & there after more firework upto 1482-1487 on card.

In PANIC ,BUY BUY BUY !!!

Yes ,Three Days back we told :291——289 are Crucial Support.If Breaks 289 with volumes and should stay below for 15-20 minutes then watch PANIC upto 282-280 level.

(Don’t be in Hurry )

1931————————-1942 are Hurdles.Yes if crosses and stays above 1942 with volumes then only More Power.

Above 1942 we see BLAST upto 1976—1987.

Traders …………..Go short around 1930-1935 stop 1942 & eat fast profit !!

We Love OPTO CKT…………………….Looking Very Fiery !!

Go Short in TITAN ,On Rise Sell Sell Sell.

-More Stocks ,More NEWS ,Intraday levels to our Subscribers.

Updated at 8:35/20th Dec/Baroda

Paul Tudor Jones:

“We have tested every system under the sun and, amazingly, we have found one that actually works very well. It is a very good system…(under the realm of) trend following. The basic premise of the system is that markets move sharply when they move. If there is a sudden range expansion in a market that has been trading narrowly, human nature is to try and fade that price move. When you get a range expansion, the market is sending you a very loud, clear signal that the market is getting ready to move in the direction of that expansion.”

“The most important rule of trading is to play great defense, not great offense.”

“I don’t really care about the mistakes I made three seconds ago in the market. What I care about is what I am going to do from the next moment on. I try to avoid any emotional attachment to a market.”

” I always believe that prices move first and fundamentals come second.”

Yesterday Boldly written above 5750 ,Our Target intact of 5796-5811 level.(Just see it kissed 5818.80 and closed  at 5793 level !

-Intraday Call given to sell to Sell below 5806 with Target of 5768-5755 level and (Overnight remain short )

Last Close :5793.25

101% No Need to Change levels.Yesterday Intraday Recommended to Sell with Tgt of 5768–5755 level.

Yes ,Below 5755 if trades for 10-15 minutes or more will take to 5717————5704 level in PANIC !!

7DEMA @ 5737 

Hurdle at 5811,CROSSOVER with volumes and sustains above this level will take to 5856-5871 level !!

-More Details ,Intraday levels to our Subscribers during trading hrs.

Updated at 6:33/08th Nov/Baroda