GES at IIT KGP adventure snap shot

1. Could attend only half (ummm…..3/4th part) of 3rd day of this summit.
2. Train from Howrah to KGP(first time on this route). Local train experience after gap of 16/15 years(not counting the 2 day trip within Mumbai during 2005).
3. Reach KGP 11:30AM. IITKGP dude arranged for a cab to venue of elevator pitch event.
4. Waited for good time. Nudged organizing dudes to finish my 10 minutes slot ASAP as I had to go for intern recruitment event.
5. 20 minutes or so of Networking lunch. Met a dude very interested in undergoing internship.
6. Was taken to intern recruitment venue by another dude.
7. Met many eager dudes looking for internship. Energy at the venue was very vibrant.
8. Summit closing speech (I don’t remember names of guest speakers).
9. Two tookway’s from the speakers:

(Paraphrase speaker#1)Have fun during the entrepreneurial journey. (My observation)Its very lonely journey and, until responsibilities get distributed having fun is the way out to stay sane.

(Paraphrase speaker#2)Educate users of your product. (My observation) This very much required for my products(Gabel and, Acshar).

10. E-cell dudes arranged for my overnight stay at Vishveshwariya guest house.
11. Raja Shekar of Apna Complex was also staying over night at the same guest house.
12. Raja Shekar and I had dinner at an eatery outside the guest house.
13. Next day(i.e., today) Guest house dudes arranged for a cab to railway station. I and Raja Shekar travelled to Kolkata on a passenger train. Reminded of my previous train journeys ages back. Faces changed but thought network remains same. Same thinking pattern of adjust the butts to fit 5 people tightly on a bench meant for 3. Like earlier, eunuch’s seemed to have special attraction towards me. Flock of free mind PNPCers…ah! woh lamhe woh pulchin barson yaad rahenge…..
14. Raja Shekhar had a customer meeting at Kolkata. Shared the cab.
15. Shyamalji, my colleague was waiting for me at the office. Went to sleep after good lunch.

Soft Kiss on Gabel model

Lets get a soft view of Gabel….

Gabel is 3-dimensional model to evaluate price fluctuations in each strike price.

3rd dimension, the “z-axis” is called Level.
1st dimension, the “x-axis” is called timE or Epsilon.
2nd dimension, the “y-axis” is called Band.

“Root Level” of Gabel provides – primary, secondary, tertiary Band(s) to evaluate price fluctuations.

Alpha version of Gabel, evaluates price flutuations between 4 – 210 points (for each strike price).

There are 5 primary Band(s). Each primary band consists of 5 secondary bands. Tertiary bands are formed by grouping 3 consecutive secondary bands, starting from lowest point of 1st primary band to the upper most point of 5th primary band.

Teaser calls of Gabel

Teaser calls are given as free trading calls.

For 24th January 2012:
=======================
Try this:
————
First session:
If CE-4900 is UT*,
- CE-4900 should go above 5072(172) before 9:50 to indicate an possible interday UT.
- Below 5072(172) is indication of correction or range-bound move.
- If traders are sanguine about CE-4900 then the backing force will quickly (within 9:25 or so) rise it to 5072(172) and further upward.
- If CE-4900 continues to trade in price band 5049.95 – 5061, then price is likely to correct below 5049.95 soon, probably during first or second session.
- If CE-4900 continues to trade in price band 5061 – 5072(172), then price is likely to correct below 5049.95 after 1:30.
- If CE-4900 goes above and then goes below 5072(172), then price is likely to correct below 5049.95 after 1:30 or again go above 5072 depending on the time spent above 5072(172).
- Buy immediately after market opens with aim for 5057, 5061, 5072(172). Close the position if price hovers near 5057.
If PE-5200 is UT,
- PE-5200 should go above 5375(175) before 9:50 to indicate an possible interday UT.
- Below 5375(175) is indication of correction or range-bound move.
- If traders are sanguine about PE-5200 then the backing force will quickly (within 9:25 or so) rise it to 5375(175) and further upward.
- If PE-5200 continues to trade in Price Band 5351.05 – 5363, then price is likely to correct below 5351.05 soon, probably during first or second session.
- If PE-5200 continues to trade in Price Band 5363 – 5375(175), then price is likely to correct below 5351.05 after 1:30.
- If PE-5200 goes above and then goes below 5375(175), then price is likely to correct below 5351.05 after 1:30 or again go above 5375(175) depending on the time spent above 5375(175).
- Buy immediately after market opens with aim for 5359, 5363, 5375(175). Close the position if price hovers near 5359.
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*UT – option that stay above its previous close for first 5 minutes after mkt opens.

Next teaser call will be next week. Subscribe for regular updates.

DISCLAIMER:
Reports are given based upon information that analyst(Amitabh Choudhury) considers reliable, but Amitabh Choudhury does not confirm that it is accurate or complete, and it should not be relied upon as such. No action is solicited on the basis of the contents of the report. The contents of this material are general and are neither comprehensive nor inclusive. Amitabh Choudhury shall not be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. It does not constitute particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments and trades involve risk and past performance doesn’t guarantee future results. A person should use his/her own judgment while taking investment decisions. Please note that Amitabh Choudhury, may have long or short positions in, and buy or sell the securities. All disputes shall be resolved out of court through arbitration.

Gabel – Introduction

Existence exists.

Can you imagine air or any gas, water or any liquid, crystal or any rock, soil or any power. Can you? If you can good. Otherwise, try again, you will be able to.

Now extend this imagination a little be and imagine Temperature.

You could?? Good. No? Try again, you can.

Now extend your imagination a little more.

Imagine a closed container filled with air, and temperature in that container is decreasing….decreasing… and decreasing? Its getting coooler…..and coooooler. What happens? Air becomes gradually water. Similarly gas becomes liquid.

Cool further ….. ice? Cool further …. very hard crystal of water???

So do you see how an invisible parameter(temperature) is tuned a bit and the invisible air becomes visible water. And then, water to ice and then to crystal?

Now reverse this…….crystal to ice to water to air. Are you with me?? Getting the image?

So what is happening at a broad sense?

A group of atoms is being pressurized using temperature to alter their association.

And temperature is used as a benchmark to modulate this alteration.

Options price movement during an intraday session also operates on same lines, especially so the NIFTY options.

As in the case of gas-liquid-solid and vice-versa, options too operate like “Oscillator”.

As in former case, group of atoms cannot be a gas below a particular temperature. So, temperature is providing a benchmark value below which gas becomes liquid. Above this benchmark, liquid becomes gas.

So….. there is a temperature “Band” where a group of atoms(and molecules) are associated in liquid form(matrix). Below this “Band” there is another temperature “Band” where same group of atoms(and molecules) are associated in crystal form(matrix). Similarly there is another temperature “Band” where association is in gaseous form(matrix).

Gabel uses this model of “Band” to synthesize direction of trade. And….yes….there are 3 “Band”‘s only.

Soft kiss of Gabel

UT – Up Trend, is the term used to description an option that is in demand and hence price increases during intraday session. Price is above its previous close and other bench marks.

DT – Down Trend, is the term used to description an option that is sloppy in demand and hence price decreases during intraday session. Price is below its previous close and other bench marks.

Options trading basics

This point onward you will get a view about options trading that uses non-conventional approach.

Gabel – Introduction

Gabel – NIFTY options trading call

I am translating my self-funded research work (on price movement of stocks listed with NSE) into a commercial venture.

You will need to subscribe for the services offered.

What do you get:

1. A info letter for the next trading session.
2. Chat messages (1 – 5) during market hour.

What you require:

1. GTalk / Google chat id.
2. Use GTalk/GChat to connect with me.
3. Rs 12,000 – Rs 20, 000 in your trading account.

I am not offering any trading account.

How we (You and I) operate:
1. You connect with me.(amitabh.choudhury@gmail.com)
2. I send you trading calls for free for 3 days.
3. If you are interested to continue, you transfer Rs 2,500 to my bank account.
4. I continue with giving you trading calls for next 30 days(20 trading sessions)(billing cycle will be informed through email).
5. On 29th day(exact date will be informed through email) you transfer Rs 5000 (Rs. 2500 of previous billing cycle and Rs. 2500 of following billing cycle) to my account.
6. I continue giving you trading calls for next 30 days(20 trading sessions)(billing cycle will be informed through email).
And the cycle continues.

I am charging Rs 5000 for 20 trading sessions. 20 trading sessions approximates to 30 days, as the market operates on 5-day week model.

I am operating on 50% prepaid 50% postpaid model. So, you start with transferring Rs 2500 as first installment and Rs 2500 as second installment after 29 days to my bank account.

If you want to discontinue before 30 days, cool. Inform me. You need not pay 2nd installment even if you have used the service beyond 16th day.

Options trading using Gabel
Teaser calls

DISCLAIMER:
Reports are given based upon information that analyst(Amitabh Choudhury) considers reliable, but Amitabh Choudhury does not confirm that it is accurate or complete, and it should not be relied upon as such. No action is solicited on the basis of the contents of the report. The contents of this material are general and are neither comprehensive nor inclusive. Amitabh Choudhury shall not be responsible for any loss or damage that may arise to any person due to any action taken on the basis of this report. It does not constitute particular investment objectives, financial situations or needs of an individual client or a corporate/s or any entity/s. All investments and trades involve risk and past performance doesn’t guarantee future results. A person should use his/her own judgment while taking investment decisions. Please note that Amitabh Choudhury, may have long or short positions in, and buy or sell the securities. All disputes shall be resolved out of court through arbitration.

8th January 2012 IST 8:11 PM

So its 2012. Much awaited year on & around earth. Lets see how the prophecies manifest.

As for me, this is first post of 2012. This year mobilizes my focus on intimate relationships, promoting my research work on stock market in India as a commercial venture, streamline existing venture (Gaia e-publishing private limited), bootstrap another venture in Retail domain. And sleep a lot.

I am pursuing the career of a lazy entrepreneur.

3 cheers to me.

Its 4th November again.

4th of November has “traditionally” been life changing day for me(in combo with 31st October). Its the day that marks close of an era and entry into an “Unknown era” of my life.

Having observed this phase played out in my life, multiple times, I decided to acknowledge its presence and hence observe its influences consciously, so as to benefit from it and consciously co-create this new era.

Traditionally, 27th and 31st October created issues that wasnt concerned with me at all. By 31st October, these issues started percolating into my affairs. By 4th November, these issue (pertaining to previous era) gets closed and a brand new era starts.

Influences of this brand new era becomes visible by mid to end of December and then, I am a person with upgraded attributes.

This phase happens randomly. Which year? I cannot predict. How long an era lasts? I cannot predict.

But then, I am no longer the person, I knew me to be.

This time I know (for change) that, a new era of my life has begun. As the saying goes …. “Twice bitten thrice wise”.

This time, I look forward to see, what this era of my life has staged for me. This time, I look forward to be able to decipher …. why these twists have been happening.

Bulls, Bears, Buffalos, Monkeys

Previous 3 (derivatives) trading sessions has reminded couples of lessons from almost forgotten past.

For every Bull there are multiple Buffalos.
For every Bear there are mutiple Monkeys.

Buffalos and Monkeys are the traps.

Buffalo – stock market shows uptrend for most of the session and ends with downtrend at very end of session.

Monkey – stock market shows downtrend for most of the session and ends with uptrend at very end of session.

These monkeys and buffalos make traders go mad and burnt.

I had noticed these monkeys and buffalos couple of years back. And, forgot their existence, due to various scenarios in life.

Buffalos and Monkeys revisited in previous 3 trading sessions.

Previous two sessions, having seen them, I also recognized the errors in my calculations. Today, I saw the beauty of my technical work but then the Buffalo showed me the error in my emotional work. Especially two areas
1. Moving with the flow.
2. Patience.

By not moving with the flow, a trader becomes a loner (holding on to an opinion and not seeing an outcome). Thus comes testing time for patience. By not seeing the expected outcome for a longtime, trader gets dejected and gives in. Then the actual nature of the beast(Monkey/Bear) gets shown.

By getting hit by Monkeys and Buffalos (during previous 3 sessions), I could gain perspective that my technical process is smooth and will provide me with profits if, I gel with the flow.

I also understood that Monkeys and Buffalos (distractions) are real in day-to-day matters. That is why many goals are either not fulfilled or goal setter is unhappy with end result(though disproportionately achieved).

Now I look forward to enjoy the flow, achieve desires results and be happy……remember lessons learnt.

14th October 2011 IST 1:45 PM

Its been some time since previous update. During this time, there has been changes in my trading style. I moved over to Options trading (had discontinued some time back) and connecting with people online. There is this development work that I have kept pending. Development of Linguistic skills enhancement service of Acshar-The Word (website). Its some sort of resistance to get the mind focused again into coding. Yet I know, this is my cuppa coffee. I know that its gonna get done by me and can be done solely by me. That is what keeps me opening Netbeans editor, loading the application and learning the 1.5 version of Joomla framework.

There has been a slow-down in stock trading revenues as well. I was trading intraday on options. Then one day, I decided to carry the open position forward, that was on 7th. My open position was on put and the market took an up-turn. I continue with the open position and am reluctant in closing it. Its October put and by the time of expiry, its gonna get into the major trend. So holding open put position. As Nifty was north-bound, I had this idea of selling October puts(of different strike price) but then didn’t fancy increasing capital for the trade.
During this time frame I checked Celestine Prophecy movie. Nice production, casting was good. Storyline was changed but then that didn’t matter as the theme was maintained. It looked like the them of 10th Insight was merged into the movie. Book didn’t have bombing of the ruins, here it showed bombing.
Surfing through FB I noticed changes taking place in various countries. There was this guy who is hungo about Mayan calendar and timeline and also was a fan of Carl(calleman). Then some rift seems to have occurred and he used online sites to challenge Carl. I got to know about this during the end phases of the matter. Though at present, the matter isnt being discussed much, yet the topic is likely to come over again after October 28th.
More about other matters, later.