Tuesday, 30 April 2019

Colombo Stock Exchange Trade Summary 30-Apr-2019


Click here to download 30-Apr-2019 Trade Summary csv File

Crossings - 30/04/2019 & Top 10 Contributors to Change ASPI



Top 10 Foreign Activity for the Day  
 

Quote for the day

"Whatever the mind of man can conceive and believe, it can achieve. Thoughts are things! And powerful things at that, when mixed with definiteness of purpose, and burning desire, can be translated into riches." - Napoleon Hill

Monday, 29 April 2019

Quote for the day

“Without continual growth and progress, such words as improvement, achievement, and success have no meaning.” – Benjamin Franklin

Sunday, 28 April 2019

Quote for the day

“A mind troubled by doubt cannot focus on the course to victory.” – Arthur Golden

Saturday, 27 April 2019

Quote for the day

“The tragedy in life doesn’t lie in not reaching your goal. The tragedy lies in having no goal to reach.” – Benjamin Mays

Friday, 26 April 2019

Colombo Stock Exchange Trade Summary 26-Apr-2019


Click here to download 26-Apr-2019 Trade Summary csv File

Crossings - 26/04/2019 & Top 10 Contributors to Change ASPI

https://cdn.cse.lk/cmt/upload_cse_report_file/daily_report_874_26-04-2019.pdf

Top 10 Gainer / Loser / Turnover / Volume for the day 

Top 10 Foreign Activity for the Day 
 

Quote for the day

“The road to success is always under construction” – Lily Tomlin

Thursday, 25 April 2019

Colombo Stock Exchange Trade Summary 25-Apr-2019


Click here to download 25-Apr-2019 Trade Summary csv File

Crossings - 25/04/2019 & Top 10 Contributors to Change ASPI
 

https://cdn.cse.lk/cmt/upload_cse_report_file/daily_report_569_25-04-2019.pdf 

Top 10 Gainer / Loser / Turnover / Volume for the day 

Top 10 Foreign Activity for the Day

  

Quote for the day

"Happiness is not something you postpone for the future; it is something you design for the present." – Jim Rohn

Wednesday, 24 April 2019

Colombo Stock Exchange Trade Summary 24-Apr-2019


Click here to download 24-Apr-2019 Trade Summary csv File

Crossings - 24/04/2019 & Top 10 Contributors to Change ASPI



Top 10 Gainer / Loser / Turnover / Volume for the day 

 Top 10 Foreign Activity for the Day

Quote for the day

"Experience is not what happens to you; it’s what you do with what happens to you." – Aldous Huxley

Tuesday, 23 April 2019

Quote for the day

“Make the most of the best and the best of the worst, and keep your standards high. Never settle for anything less than you deserve or are capable of achieving.” - Roy T. Bennett

Monday, 22 April 2019

Quote for the day

“More people would learn from their mistakes if they weren't so busy denying them” - Harold J. Smith

Sunday, 21 April 2019

5 Habits for Successful Trading

Learn the five actionable items that many successful traders employ to help them keep their emotions out of their trading and better balance risk.

By Schwab Trading Insighs

Nothing in trading works all the time, but it is probably not an accident that so many efficient market veterans adhere to the following habits and rules when developing a trade plan. Consider incorporating some of these habits when approaching market risks.

Research and practice

Successful traders are continually practicing and refining their trading psychology. Back-testing and paper-trading are the flight simulators of trading. They let you build, test, and re-test, whatever your trading approach may be. Logging time with simulated trades will help condition you to remain consistent when the market may not be. Successful traders make or lose money by design—not by accident.

Balancing risk rather than chasing profit

Successful traders are good managers of their money and the risks of the market. Those same markets have a way of punishing those that aren't. Seasoned traders establish their exit point as well as their target profit point before entering a trade. Good traders make sure that their risk in any trade, or group of trades, will not derail them financially or psychologically. People only lose the farm if they bet it in the first place. A reasonable trade plan should include a balance of risk and reward. Establish reasonable expectations for a targeted rate of return. Learn to distinguish between successful trading and luck.
Plan the trade and trade the plan

Following established rules may help you survive and thrive in the market. No set of rules works every time, but they are the compass that helps you navigate the market's stormy weather. It is important to plan each step of each trade and then actually execute the plan. People who trade without specific rules and a clear plan, or those that have rules and plans they don't really follow, are at the market's mercy. Good traders follow their rules and trade their plan.

Approach trading methodically

Many successful traders use checklists as a tool to help them validate that they are thinking through their trading decisions, rather than reacting impulsively to market fluctuations. A best-selling book titled The Checklist Manifesto, by Atul Gawande, supports this idea. Based on research conducted primarily in hospitals, its central finding was that failure is more closely a result of ineptitude (not properly applying what we know works) vs. ignorance (not knowing enough about what works).

We've talked about the importance of a plan. Once a plan is in place and has been tested, it needs to be followed. When evaluating your plan, look for the following three characteristics.

1. Consistency — Is what you're about to do consistent with your trade plan? Consistency is critical because it helps us track and potentially improve performance. How can you isolate what's not working if each trade has its own set of rules? Consistency gives you a much better chance to replicate what is working and to adjust what isn't.

2. Efficiency—Are you filtering and managing data in an efficient way? Are you maximizing the tools available? Limited time exists to filter market information and there are thousands of possible opportunities. It is important to find rules and tools that will help you reduce the market to a manageable size and identify opportunities.

3. Objectivity—Are you staying true to your plan? Let your process dictate your actions. Without this direction, emotion may begin to influence your decisions.

Trade with the trend

Many traders follow a trend that is already in place and ride the wave as far as they can. This, in and of itself, influences the market. Others work hard to predict the beginning of the next big trend or try to pick the top or the bottom of the market. Sometimes going with the crowd makes sense. Following an established trend, while carefully managing downside risk, is favored by many well-known traders. An old adage of floor traders is, "The trend is your friend."

Conclusion


These are just a few habits embraced by seasoned traders. It is important to remember that many 'good habits' are simple enough to understand, but not necessarily easy to always practice. Over time, you may develop other habits that support your trading strategy. You may wish to write them all down and even keep them in a visible place.

Successful trading is not so much about what you thought or how you felt, but what you actually did that makes the difference. Market sage Warren Buffet famously said, "The chains of habit are too light to be felt until they are too heavy to be broken." So, choose your habits wisely.
Source: www.schwab.com

Quote for the day

“When men are pure, laws are useless; when men are corrupt, laws are broken.” - Benjamin Disraeli

Saturday, 20 April 2019

Traders Manifesto

By Janet Davis

The following 15 statements reflect my stance on the how, why, and what in trading. It affirms my beliefs after 15 years of experience in several different methods of trading, across many markets and time frames. It is my call to action for anyone who would like to readjust their current method of relating to the markets or for any one new to the process.

1. You must make your method your own. Whether you pay a service for entries or whether you have a method you developed, you must take ownership.

2. Trading is an inside job. You must understand implicitly who you are, what you stand for, and embrace your true self-worth, the one you were born with.

3. The markets will reflect your self-worth back to you and your profitability will be the manifestation of that belief.

4. Most traders are externally driven, they look to the markets, their method, the news, tips…to guide them. The problem with this is that their bottom line will reflect the flighty ups and downs of the uncertain world around them.

5. The market is not your friend; it is an unbiased system that is not present to work on your best behalf.

6. You are the only one who is in control. A system of rules and a time-tested method that is yours and yours alone is your only safety net and the clear path to your goals.

7. Don’t take it personal.

8. Don’t assume you know anything.

9. Trading is about probability; recognizing and acting on a clear edge.

10. It is necessary to understand and respect your boundaries; know who you are, what you want, and have a clear vision about where you are going.

11. Success doesn’t come from your method; it comes from you.

12. Anyone can do this, you must be open to change and unafraid of hard work.

13. You must keep your seat. Be calm, quiet, objective.

14. You must have conviction in yourself and your method.

15. The best learning comes from your mistakes.

“Arise, Go forth, and Conquer” – Alfred Tennyson

Source: www.performancetradecoaching.com

Quote for the day

“Stop doing what is easy or popular. Start doing what is right.” - Roy T. Bennett

Friday, 19 April 2019

Quote for the day

“Every beginning has an end and every end is a new beginning.” - Santosh Kalwar

Tuesday, 16 April 2019

Buy and Sell Exchange Rates - 16-Apr-2019

Source: CBSL

Colombo Stock Exchange Trade Summary 16-Apr-2019

Quote for the day

"Employees make their bosses rich. 
Debtors make banks rich. 
Consumers make businesses rich. 
Renters make their landlords rich. 
Bonuses make executives rich. 
Corruption makes politicians rich. 
Stock options make start up employees rich. 
Investors make themselves rich." - Steve Burns

Monday, 15 April 2019

Quote for the day

“To know that we know what we know, and to know that we do not know what we do not know, that is true knowledge.” - Nicolaus Copernicus

Sunday, 14 April 2019

Top 10 Investing Principles

The ten most important things a person should know about investing

1. Develop a well-defined investment plan that is specific about your return goal, your tolerance for risk (your ability to have exposure to short term market price volatility), your time horizon, and your need for income. If you are saving for retirement, understand what amount of income you will need in retirement, and work back from there to understand how much you need to save while you are working.

2. Understand both the average return and the likely range of returns for key investment asset classes — cash, bonds, and stocks. In other words, use reasonable return expectations to guide your investment decisions.

3. The most important variable in investing is time horizon – the longer, the better. Compounding is the investor’s most powerful weapon, and the length of time that you invest has the biggest effect on your ultimate investment results. The earlier you start to invest, the more capital you will have at the end. A 7% return doubles your money every 10 years.

4. Valuation is critical – it is imperative to know how an investment is valued because that tells you about the likely return and risk in that investment. Use valuation to turn the probabilities of investment success in your favor. Have a familiarity with the basic tools and metrics of valuation for the investment that you are considering.

5. Asset allocation of capital between asset classes is more important than individual security selection within asset classes in determining long term investment results. Allocate more capital to the most undervalued asset classes, and rebalance at least annually.

6. Reversion to the mean is the most powerful force in the capital markets – use it to your advantage.

7. Diversification is important, but over-diversification hurts returns.

8. Understand risk from as many perspectives as possible: credit, liquidity, business, market, industry, company specific, people, etc. Know what you know, know what you don’t know, and know the difference. Have a deep understanding of what you are invested in. Understand psychological risk (the inherent biases that lead to sub-optimal investment decisions) and be vigilant to mitigate it.

9. Have an investment process that fits your investment goals and risk profile, and be disciplined within that process. Or, hire a professional to manage your investments that has an investment philosophy and process that you understand, makes intuitive sense, and that you are comfortable with. If you hire a professional, be aware of all costs and expenses, have a healthy skepticism, and ask questions. Total costs and fees for investment management should approximate 1% of the market value of your portfolio annually.

10. Have a strong bias to quality, because over the long run, quality wins out.
Source: www.bridgesinv.com. com

Quote for the day

“Knowledge is power, and the right knowledge lets man perform miraculous, almost godlike tasks.” - Dan Brown

Saturday, 13 April 2019

12 Investment Mantras to keep you ahead

By Hemant Beniwal

1. Do not invest without a sensible investment strategy

It is difficult to predict the direction, the markets will take in the coming years. We will see the markets that reflect the fast changing, world shaking events of this era. The markets are going to be unpredictable and full of surprises. We live in uncertain volatile times and the markets reflect these things.

2. Do not fall for get-rich-quick schemes.

A disciplined, long term strategy makes great sense in this unpredictable environment. Many opportunities will emerge in the coming years and these opportunities must be approached prudently by investors with long term objectives.

3. Remain Humble Investor

Do not constantly judge your own success by that of others. Do not resent success of others when your own investments falter. Do not refuse to accept help or advice from others. Do not think that you alone know what the best investment is.

Being humble allows you to guard against thinking too highly of yourself. Humility reminds you not to bite off more than you can chew. It robs greed of its power over you, decreasing the odds that you will want more than what the market can provide you.

4. Beware of deceitful financial advisors


The best way to honor your financial advisor is by choosing one whose fee is based on a fixed percentage of the assets under management. Evaluate your advisor based on comparisons with a reasonable benchmark.

5. Do not be impatient with your investments


Do not press the panic button in a fluctuating market condition. Do not sacrifice long term growth for the quick hit. Your investment decisions must be based on common sense and what cold hard numbers tell you and not on media hype or industry buzz. If you have invested your money thoughtfully, then there is no need to worry.

Do not worship profits and take them just because you have them. It is wiser to hold on to your investment to meet your long term goals.

6. Avoid Speed Investing

For long term investors – slow is always better than fast. Entering and exiting the market with a short term objective is not good for your financial health. Regular and systematic investment for a long time is the best mode of investing.

7. Stop Performance Chasing

Daily price movements seduce people to go for the most attractive investment. Do not buy something just because it is hot.

While it may be tempting to buy the best mutual fund, it makes better sense to stick with an investment plan that is well thought out to suit your investment goals. Chasing performance can prove to be dangerous in the long run.

8. Say No To Emotional Investing

An investor’s worst enemy is not the stock market but his own emotions. Do not let emotions drive your investment decision making. You need to be aware of your emotional temperature while making an investment decision. Calm investors have a far better track record than highly emotional ones. It is best to stay focused on your goals and be aware of risks at play while investing.

9. Show “The Door” to Ignorance

You must know your investments better than you know yourself. Do not act first and ask questions later. Thorough investigation is required before taking all investment decisions. It does not pay to live in ignorance.The only way to eliminate ignorance is by ensuring that you spend more time and effort towards being an informed investor.

10. Do Not Be Over-Optimistic

Avoid being too optimistic, too enthusiastic or too confident while making your investment decisions. Your investment decisions have to be logical and rational. Do not hold on to your investments long after they have lost their value, convinced that some day they will deliver a big return. Optimism is good but over-optimism is definitely a self-kill.

11. Do not sit on your savings

Remember that your money lying in savings account will not create wealth. Remove it from your bank account and put it at some place where it can grow. Accumulated money will not grow as fast as money that is spread across asset classes. Diversify your investments across asset classes to spread your risk. The sooner you start investing your savings the better it is for your financial health.

12. Accept a Loss /mistake

What would you do if you have taken a wrong route? Obviously you will return back, though it may have cost you time and money. But the same thing does not apply with most of the investors when they have chosen a wrong investment. Correct yourself, if you find that there is a mistake, don’t hang up with that investment.
Source : https://www.tflguide.com (edited)  

Quote for the day

“To acquire knowledge, one must study; but to acquire wisdom, one must observe.” - Marilyn vos Savant

Friday, 12 April 2019

Buy and Sell Exchange Rates - 12-Apr-2019

Source: CBSL

Colombo Stock Exchange Trade Summary 12-Apr-2019

Quote for the day

“Peace does not mean an absence of conflicts; differences will always be there. Peace means solving these differences through peaceful means; through dialogue, education, knowledge; and through humane ways.” - Dalai Lama

Tuesday, 9 April 2019

Buy and Sell Exchange Rates - 09-Apr-2019

Source: CBSL

Colombo Stock Exchange Trade Summary 09-Apr-2019


Click here to download 09-Apr-2019 Trade Summary csv File

Crossings - 09/04/2019 & Top 10 Contributors to Change ASPI

Top 10 Gainer / Loser / Turnover / Volume for the day

Top 10 Foreign Activity for the Day

Quote for the day

“I have always believed that hope is that stubborn thing inside us that insists, despite all the evidence to the contrary, that something better awaits us so long as we have the courage to keep reaching, to keep working, to keep fighting.” - Barack Obama

Monday, 8 April 2019

Sunday, 7 April 2019

CSE Calendar of Events

Quote for the day

“Never let your sense of morals prevent you from doing what is right.” - Isaac Asimov

Saturday, 6 April 2019

Quote for the day

“The next time you feel slightly uncomfortable with the pressure in your life, remember no pressure, no diamonds. Pressure is a part of success.”
– Eric Thomas