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
Tuesday, 30 April 2019
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
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
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.
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
Friday, 19 April 2019
Thursday, 18 April 2019
Quote for the day
“The high-minded man must care more for the truth than for what people think.” - Aristotle
Wednesday, 17 April 2019
Tuesday, 16 April 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
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
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.
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
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
Thursday, 11 April 2019
Quote for the day
“Time is a created thing. To say 'I don't have time,' is like saying, 'I don't want to.”
- Lao Tzu
- Lao Tzu
Wednesday, 10 April 2019
Quote for the day
“Fear is the glue that keeps you stuck. Faith is the solvent that sets you free.” - Shannon L. Alder
Tuesday, 9 April 2019
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
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
Quote for the day
"An idea that is developed and put into action is more important than an idea that exists only as an idea." - Gautama Buddha
Sunday, 7 April 2019
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
– Eric Thomas
Friday, 5 April 2019
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