Hello fellow Brothers-In-Arms,
I would, before beginning, humbly request the readers to keep their patience with me since I think this "Introduction" is long . But , I am confident that it will appeal to the astute trader//investor... I believe the very act of introduction is reactive and hence suffers from the fundamental flaw of being (for lack of a better word) ostentatious.....
However since all of us are living in defined boundaries ( one of the prime reasons being the conditionining imparted due to existential conditions ) we have to be part of the system to probably change it....( a much cliched statement whose efficacy is quite proven)...
Now , coming to the focal point by asking a simple question... Who am I (in context of the financial markets) ??
The markets bring about reflections of the great works of the Surrealists like Salvador Dali , Juan Miro....
In fact playing " The Great Game" i.e sitting in front of the monitor and trying to outsmart the infinite number of players, every one of them probably in a quantum state of buying and selling financial instruments ,is kind of an absurdity, where one cannot even know one's adversary except as an abstract concept----The Market...
Hence the next logical question that arises is:- How to play the Game and come out with a fistfull// a tonne of money :-- the primary and primitive (effective nevertheless) metric by which most of society tries to value Nature (humans included)...
Sorry for the digression , but this was needed to answer my question...I can only attempt (to a limited extent) to answer by giving a brief about my pedagogy (and it's evolution) about the tools , knowledge required to know to Play the Game profitably.... I became interested in the stockmarkets (when Badla was in vogue ) back in my 10//11th standard... I was drawn towards Value Investing by the classic books on the subject by Ben Graham and Dodd...I would not be speaking the truth , if I said that I understood all of their methods (which needs a strong background in Financial Accounting and Valuation) which I being a student of science did not possess, at that time...But the job was made much easier by the simple books of Peter Lynch. Due to tremendous amount of asymmetry present at that time regarding financial statements of companies , it was natural, but to gravitate towards Technical Analysis.
I tried to learn about Technical Analysis as best as I could . The sublime books by Edwards & Magee , Steve Nison ( Japanese Candlestick Charting Techniques) , Martin Pring , Dr Alexander Elder and others particularly Reminiscences of A Stock Operator by Lefevre (about Jesse Livermore) contributed immensely to my journey...Also the popular charting software---Metastock was of great help..
This invariably drew me away from the path of Warren Buffet...
After completing my Engineering in Computer Science and a executive program in Management , I started to appreciate Value investing...
The introduction of derivatives, Etfs, currency futures created a paradigm shift in the markets..
One can make out that it is almost a decade now that I have been directly and indirectly connected to the markets...
With derivatives I have started learning about Quantitative Finance ( an interdisciplinary subject encompassing Theoritical Physics particularly Quantum mechanics , Computer Science--Algorithms and Theory of Computation , Mathematics encompassing Probability distributions , optimization techniques--- to name but a few)[/COLOR]
My aspiration is to develop//implement option trading strageies using MathLab and also optimum portfolio mix. Modelling of systems trading is also in my agenda... Currently my focus is to grasp and synthesize the finer points of Value Investing and Technical Analysis and apply it effectively in speculation and also in investing. Macro & Micro Economics is in a integral part of the system of knowledge.... I re-iterate, thank you all for reading my thoughts patiently...
bye
abhibhatta54
I would, before beginning, humbly request the readers to keep their patience with me since I think this "Introduction" is long . But , I am confident that it will appeal to the astute trader//investor... I believe the very act of introduction is reactive and hence suffers from the fundamental flaw of being (for lack of a better word) ostentatious.....
However since all of us are living in defined boundaries ( one of the prime reasons being the conditionining imparted due to existential conditions ) we have to be part of the system to probably change it....( a much cliched statement whose efficacy is quite proven)...
Now , coming to the focal point by asking a simple question... Who am I (in context of the financial markets) ??
The markets bring about reflections of the great works of the Surrealists like Salvador Dali , Juan Miro....
In fact playing " The Great Game" i.e sitting in front of the monitor and trying to outsmart the infinite number of players, every one of them probably in a quantum state of buying and selling financial instruments ,is kind of an absurdity, where one cannot even know one's adversary except as an abstract concept----The Market...
Hence the next logical question that arises is:- How to play the Game and come out with a fistfull// a tonne of money :-- the primary and primitive (effective nevertheless) metric by which most of society tries to value Nature (humans included)...
Sorry for the digression , but this was needed to answer my question...I can only attempt (to a limited extent) to answer by giving a brief about my pedagogy (and it's evolution) about the tools , knowledge required to know to Play the Game profitably.... I became interested in the stockmarkets (when Badla was in vogue ) back in my 10//11th standard... I was drawn towards Value Investing by the classic books on the subject by Ben Graham and Dodd...I would not be speaking the truth , if I said that I understood all of their methods (which needs a strong background in Financial Accounting and Valuation) which I being a student of science did not possess, at that time...But the job was made much easier by the simple books of Peter Lynch. Due to tremendous amount of asymmetry present at that time regarding financial statements of companies , it was natural, but to gravitate towards Technical Analysis.
I tried to learn about Technical Analysis as best as I could . The sublime books by Edwards & Magee , Steve Nison ( Japanese Candlestick Charting Techniques) , Martin Pring , Dr Alexander Elder and others particularly Reminiscences of A Stock Operator by Lefevre (about Jesse Livermore) contributed immensely to my journey...Also the popular charting software---Metastock was of great help..
This invariably drew me away from the path of Warren Buffet...
After completing my Engineering in Computer Science and a executive program in Management , I started to appreciate Value investing...
The introduction of derivatives, Etfs, currency futures created a paradigm shift in the markets..
One can make out that it is almost a decade now that I have been directly and indirectly connected to the markets...
With derivatives I have started learning about Quantitative Finance ( an interdisciplinary subject encompassing Theoritical Physics particularly Quantum mechanics , Computer Science--Algorithms and Theory of Computation , Mathematics encompassing Probability distributions , optimization techniques--- to name but a few)[/COLOR]
My aspiration is to develop//implement option trading strageies using MathLab and also optimum portfolio mix. Modelling of systems trading is also in my agenda... Currently my focus is to grasp and synthesize the finer points of Value Investing and Technical Analysis and apply it effectively in speculation and also in investing. Macro & Micro Economics is in a integral part of the system of knowledge.... I re-iterate, thank you all for reading my thoughts patiently...
bye
abhibhatta54
