Self-Reliance by Ralph Waldo Emerson:
To believe your own thought, to believe that what is true for you in your private heart is true for all men, —that is genius. Speak your latent conviction, and it shall be the universal sense; for the inmost in due time becomes the outmost,— and our first thought is rendered back to us by the trumpets of the Last Judgment.
A man should learn to detect and watch that gleam of light which flashes across his mind from within, more than the lustre of the firmament of bards and sages. Yet he dismisses without notice his thought, because it is his. In every work of genius we recognize our own rejected thoughts: they come back to us with a certain alienated majesty.
Great works of art have no more affecting lesson for us than this. They teach us to abide by our spontaneous impression with good-humored inflexibility then most when the whole cry of voices is on the other side. Else, to-morrow a stranger will say with masterly good sense precisely what we have thought and felt all the time, and we shall be forced to take with shame our own opinion from another.
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The above thoughts of one of the greatest thinkers, Ralph Waldo Emerson, has strong message for the traders/ investors which is "You have it in you. Start believing in your own thoughts, ideas and act. Or else, someone will shame you by giving you the very same ideas of yours."
For Bulls, any corrections should limit itself to golden ratio of "5089" and the 80% @ 5062. For Bears, any rise should limit itself below golden ratio/ recent high of "5133-5141" and the 80% @ 5160.
I still find readers quite fond of expressing their opinions. They are yet to master the art of finding a range to make their trades OR simply follow the "method/ system" except for those "keen & focused readers". Watch your words...it reveals to you whether you're on "hope drips" or in "faith mode" or "simply lost".
If you are determined to make money in the markets,
If you develop the calm temperament to deal with the prices,
If you come prepared with a complete plan for both ups & downs,
If you have faith in your study and obedience to follow it,
The Riches will, sure, come to you, provided you embrace "Silence".
To believe your own thought, to believe that what is true for you in your private heart is true for all men, —that is genius. Speak your latent conviction, and it shall be the universal sense; for the inmost in due time becomes the outmost,— and our first thought is rendered back to us by the trumpets of the Last Judgment.
A man should learn to detect and watch that gleam of light which flashes across his mind from within, more than the lustre of the firmament of bards and sages. Yet he dismisses without notice his thought, because it is his. In every work of genius we recognize our own rejected thoughts: they come back to us with a certain alienated majesty.
Great works of art have no more affecting lesson for us than this. They teach us to abide by our spontaneous impression with good-humored inflexibility then most when the whole cry of voices is on the other side. Else, to-morrow a stranger will say with masterly good sense precisely what we have thought and felt all the time, and we shall be forced to take with shame our own opinion from another.
--------------------------------------------------------------------
The above thoughts of one of the greatest thinkers, Ralph Waldo Emerson, has strong message for the traders/ investors which is "You have it in you. Start believing in your own thoughts, ideas and act. Or else, someone will shame you by giving you the very same ideas of yours."
For Bulls, any corrections should limit itself to golden ratio of "5089" and the 80% @ 5062. For Bears, any rise should limit itself below golden ratio/ recent high of "5133-5141" and the 80% @ 5160.
I still find readers quite fond of expressing their opinions. They are yet to master the art of finding a range to make their trades OR simply follow the "method/ system" except for those "keen & focused readers". Watch your words...it reveals to you whether you're on "hope drips" or in "faith mode" or "simply lost".
If you are determined to make money in the markets,
If you develop the calm temperament to deal with the prices,
If you come prepared with a complete plan for both ups & downs,
If you have faith in your study and obedience to follow it,
The Riches will, sure, come to you, provided you embrace "Silence".
71 comments:
gm master
Good Morning Master & Friends,
Master I m very lucky that i have a teacher like you. It is a great moments in my life to learn under great teacher. Thanks for accepting me as a student.
Good morning sir and blogmates..
Have a wonderful day with smile on your face and calmness in your mind
Good morning Gurudev and friends
Nilesh we are lucky
Thank You
@भूषण,
हो आपण फारच भग्यवान आहोत. असे गुरु मिळणे आयुष्यात फार भाग्याचे असते.
Namaste Ilango Sir and JN Family
Good Morning Ilango sir and friends,
Happy Trading Thursday to all. Good Luck.
Good Morning Ilango Sir and Friends
SBI Chart Analysis: CLICK HERE
Camarilla Key Levels
Nifty Futures
H4 5149
H3 5136
L3 5109
L4 5096
Tight Range Day - Require Break on H4 or L4 to
form the trend.
Good Morning all,
Some people have requested me to explain EE on the JN group email, but I do not have the same. Can anyone plase share? Thanks!
Julius , how are ypou calculating Camarilla levels? Thanks!
*/I promise myself/*
To be so strong that nothing can disturb my peace of mind.
To talk health, happiness, and prosperity to every person I meet.
To make all my friends feel that there is something worthwhile in them.
To look at the sunny side of everything and make my optimism come true.
To think only of the best, to work only for the best and to expect only the best.
To be just as enthusiastic about the success of
others as I am about my own.
To forget the mistakes of the past and press on to the greater achievements of the future.
To wear a cheerful expression at all times and give a smile to every living creature I meet.
To give so much time to improving myself that I
have no time to criticize others.
To be too large for worry; too noble for anger, too strong for fear, and too happy to permit the presence of trouble.
To think well of myself and to proclaim this fact to the world, not in loud words, but in great deeds.
To live in the faith that the whole world is on my side, so long as I am true to the best that is in me.
@Pankaj Ji
Link sharing is blocked here. You can search google "advanced camarilla" the first link
will help you. Still you need help in it pls
contact me through yahoo msgr or mail me.
Google can help you more than me. Good Luck.
:)
R/Ilango sir good morning n same 2 all reader's.
@Mr.Illango,
The pre-market view sandwiched with your motivational quotes are so nice. Thanks for sharing wonderful morning thoughts.
Thank you so much sir
Good Morning to all blogmates,
Now a days every morning,,,I just open "JUST NIFTY" blog ...not because of just JNSAR ,,but for "TEACHERS" thought... Thank you,,,& also very good thoughts from J.R Julius..perfect way to start the DAY
Good Morning Ilango Sir & all Blogmates.
Rgds
Saravanan
" trading is nothing but Just our belief's" positive notes thoughts are more important than INDICATORS
Dear Ilango Sir,sometimes I can't see all the images,,,I use IE8,,,other blogmates please guide ,,,,first image about lead incator+ moving average I can see that,,but bottom 2 images I can't ,,,request you to clarify..
Good morning master and blogmates
Namaste Sir Ilango and all friends
May the Lord offer us PATIENCE
have a nice day
Good Morning Master,
Thank you for your guidance, after reading the post something settled in me , cannot express in words, feels very good.
good morning sir and all blogmates
Julias u mean break out boleto sustain abov hl4 cam pivot? Plz explain sir
Master ilango,
Good morning and its nice to have a Teacher like u
where we can start our day with Noble thoughts.
Regards
☺☺
Namaste Ilango Sir And All.
Namaste Ilango Sir and fellow bloggers
LV
Good morning! I wish all blohmates to prosper in the occasion of Rath Yatra of Lord Jagannath, who comes out of the Temple to mingle with people irrespective of caste, creed and religion. I will be busy today for Rath Yatra. Jai Jagannath!!
@Suresh Nifty: open the picture in a new window and try 'ctrl' + '+' key.
Good Morning Sir and blog mates.
Thank you very much Sir for the great Pre-market preachings. Highly obliged to you for these lessons since they are immensely beneficial for all other spheres of life as well. You are doing a great job by embedding these potent seeds in the raw minds of us. One day they will turn into different beautiful blossomed flowers.
Good Morning Sir and blog-mates.
@ Sir. Sir I have developed a habit to read the mail on JNSAR which Parmindar has sent to all. One of the readers has said that he does not even "Pyramid" his positions unless a week or month JNSAR has breached.
What does "Pyramid" mean. Is it part booking?
If you find time please explain this.
Thanks
good great master n julius sir
Good morning Master & JN family
Good Morning all,
Hello Shriram. the 34EMA for 30 min is 5107. a 10.00 am close below this is not good. do you agree?
yash and dhan
http://www.investopedia.com/articles/trading/09/pyramid-trading.asp#axzz1yObxaBqS
Open & Low same at(5097.35) the "critical" 21/34 hr sma as well as the hour channel support.
good morning sir and all friends.
Yash i can clarify a bit bt rest is to master.
That means if u r on a winning position Just add on ur position when the next support breaks on charts with help and ur knowledge
Eg
as master said if u sold yesterday at 5135 and if sustains below 5110 add more and on the break of trendline or golden ratio add more and take profits when u think and add a proper stoploss to ur positions.
☺☺
@ Cooldent,
I am so so thankful. It is a pleasure to be in the company of all you blog-mates and of course our master.
GOOD MORNING FAMILY
ORB HIGH 5112.75
ORB LOW 5097.25
cut in Reliance dragging indices
for last about three years or more Reliance has not been a profitable counter particularly for investors
Gm sir & blogmates
Good Morning..................
Do we keep a filter for JNSAR today?
L3 BUY@5109 can be considered with 20pts SAR instead of stoploss. Personal Decision Advised.
ORB HIGH IS 5115.75
SORRY AGAIN
Goodmorning sir and all :)
Sir - thank u very much for your alert.
PS : Sofar not used "burnol"
Good Morning Master and copy to All
Mkt grinding grinding grinding
lets start day with sher,
& let the Share mkt show its cards first
Jahan ki gurbat me sukun nahi ayega,
Gam-e-tohin se kubul nahi ayega.
Maklul ki fitrat he ye kafir,
Dimag fat jayega par ye sher samajh nahi ayega
Dinesh Rishi Sir,...Woah Woah!!!
Good morning Dinesh ji,
Good one such mein samajh nahin aaya
LOLZ
☺☺
THE "UNCERTAINTY" PRINCIPLE
If there is such a thing as a secret to the nature of trading, this is it:
At the very core of one's ability
1) to trade without fear or overconfidence,
2) perceive what the market is offering from its perspective,
3) stay completely focused in the "now moment opportunity flow,"
and 4) spontaneously enter the "zone," it is a strong virtually unshakeable
belief in an uncertain outcome with an edge in your favor!!
Good Morning ALL
market holding previous days lows. IMP for today now.
above 5159 good more BULLS.
@ YASH and DHAN
Hi Yash
Pyramiding is a strategy where the trader adds his position as the trade moves in his desire direction – it is done from bottom to top ex- if u take 5 lots of nifty and it moves in your direction you can add 4 more lots than 3 lots ,2 lots and 1 lot it should not be done from top to bottom like 1 lot than adding 2 lot – than 3 lot -4 lot and 5 lot – i think its a wrong way to pyramiding
Dear Friends,
Here are the JNSAR rules from parminderji's mail.
a. For eg: The JNSAR number for Monday, 5th March is 5405(If you take
saturday's trading, then 5391). If Nifty breaches this number in the Spot
Nifty, buy minimum 2 lots(either 2 miniNifty or 2 Lots of Nifty50).
b. Now keep a "SAR of JNSAR less 20 points" (5405-20=5385 or 5391-20=5371)
for this Long trade.
c. Book one lot with 30 or 50 or more points based on earlier resistances
levels and hold the other lot till it reverses below the SAR for the day.
For next two days, we reduce 20 points from JNSAR as filter so that the
Long trade has a survival during initial corrections and stop applying
filter from the 3rd day onwards. (In a short trade, we add filter to JNSAR
with 20 points)
d. There are times the JNSAR is triggered and Nifty moves up by just 10 or
25 points only and reverses and triggers the JNSAR with filter of the day
resulting in a 20 points loss. Take the loss and initiate a sell at the
trigger point with 2 lots and repeat the process.
e. While following this kind of disciplined way of following this number,
you could lose 40 points or even 80 points at certain situations when
market is indecisive but "keeping up with the Number" ensures you are in a
big trade when it emerges which will fetch you 300 or 400 or even 800
points.
f. Patience is the key to this kind of trade. And it pays at the end of a
quarter...
Nikkei 100 pts up
Dear Nilesh...Good Simple explanation,,,you cover even quantity(how much lots)...& also very importantly you said measure your performance every quarters not ,,,every weeks,months,,,
Nilesh ji ,
Good morning
and dont highlight my name it is the MASTERS mail i have just kept it under the cover and shared with u all.
Regards
Hi Julius,
Quote:
Camarilla Key Levels
Nifty Futures
H4 5149
H3 5136
L3 5109
L4 5096
Could you please advice which is Buy and Level here and what is H & L alphabet means here
Thanks/K7
@Suresh Nifty,
That is not my explanation that is Masters Explanation on JNSAR. I think now it is clear to new followers of JNSAR.
Nilesh ji,
Pl add i am also a novice student like u trying to
Grasp Masters words and learning something out of the Books.
☺☺
Japan Nikkei falling now
jr your carmilla focus nf or ns?
Parmindarji Good Morning,
Mare kahane ka matalab tha ki aap ne jo mail google group me dala hain uska saransh maine yaha dala hua hai.
Good morning Master
Good morning All Seniors and all Blogmates
New Post Done.
NIKKeI was trading 100 + Now 50+
GoodMorning Sir and JNFamily !
At 10:00 we close below Hour 5 ema ( 5116) , Hour low ema( 5107) and 34 ema ( 30 mins TF).
Nilesh- can you similarly explain the trade table? (i.e. where master lists the trades with 2 lots)
ORB BROKEN DOWN SIDE
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