NeoTrader’s Post

Transcript

In a recent study released by Sebi, it showed that. The people making maximum loss or people who are above the age of 5060. The reason is very simple. Because by the time you're 5060 and all, you're used to the old ways. And it is difficult to learn new ways at that time. Technology has passed you by. If you did not take. So that is. Whereas the new people. And in that context. One more recent data released by Sebi. That the average age. Of participants in the market in the last, I think one year alone or maybe two years, one or two years, whatever. Has fallen from 39 to 32. Just imagine in one year the average age fell by 7 years. Which means only one thing. That the vast majority of people who are coming in. Roll youngsters. And that youngsters are very different from. Older people. Not only are they. Technically, I mean technologically. Aware. Many of them are active with technology. I still don't know how to, you know, deal with all the things in the mobile. The best person to fix any problem with your mobile is your grandson, if you have one. They know more about. Mobile technology today than a 50 year old man knows. So what does this lead up to? That. Technology adoption. Is an absolute must. Lot of people are sitting around thinking that the old way is work for me. Of course they will work for you. Everything will work in the market. Question is. How efficiently? Is it working for you? All cycles are becoming shorter. Because technology is speeding up everything. If cycles are becoming shorter. But we are running at the old speed. Guess who's going to be left behind? None of us want to be left behind. And in the race with technology if you are already starting. With a deficit. It is your responsibility to work so much harder so that you can at least catch up with the rest. So technology is where everything is headed, whether we like it or not. I am old school. But had I sat in the old school? I may still be drawing charts by hand. Which is what I used to do. But I have always believed in technology. So I made the first charting package which was available. In India. At that time, this was way back in. It'd be 7 or thereabouts. Because I felt like I I used to employ college students to draw charts trade kadu savali need house samaipata. Daily chart. Log scale chart. Weekly Chart. Monthly Chart. All different for one company. You are to draw. Take the data from the paper and all. Technology entered there also. They exchange started to give out data. That was somewhere around 1990. 1990 million 1992 or thereabouts. Pune, Jadavpur on the 13th floor of BSE building. Is where they could go where to go with a floppy disk. OK, look neither floppy disk I need echo so you have to go with the floppy disk stand in queue. Would data departments, if you'd like, then loaded, then do it slowly, slowly, slowly. That changed everything delivered online charting packages came in hundreds. And technology has been slowly making changes. Around 2015. I felt that market is going to change again. And. That is when I thought of developing some. Software for our own work. The charts were still there, and charts had. Had become common. 100 programs were available. There was a stage when I used to own some 4050 softwares and use them specifically for specific purposes. But there there are Ke tarika meant Trading View has become kind of a universal. Chatting software, everybody's using it. So around 2015 sixteen I felt in the market is changing again because. The type of. Cycles at the markets were dealing with were becoming shorter. Until 2010 or so. You could do this by and hold. And it worked like a charm. Worked from. The 60s accelerated from the 70s. Got into a bit of a mix in the 80s. And 90's the boys and men got separated. Because the institutionalization of market happen. In the 2000's the early invasion of technology happened. e-mail, websites. You know all of that happened. Then in the next decade, 2010 and onwards, by that time, more technology invasion happened. So there was this rapid changes which were happening which needed. Or demanded adjustments in our own lives. And that is when New Trader was born as an idea. And we took that. Slowly into conversion of the older ideas of how we approach markets. Technology was required to address the shorter cycles. Shorter cycles means everything which was. Happening over a period of time. And which everybody got habituated to. Suddenly was not true anymore. So buy and hold, which was 10 years. That still continues today. But what PSU's did not deliver in 40 years? They know managed to deliver in two years. If you were habituated to just holding Psus and taking dividends and looking at them as widow shares and all that kind of thing, then you got a huge surprise. You never thought Coal India could go up more than ���5 in a year? And the real story of Coal India, I am told by somebody I met recently, has not even begun. Now that may seem a little strange because. It's already at 3400 rupees and you're used to seeing Coal India at 100. And then here is somebody saying that the story made in may not even have begun. Then what 44000? But why not? Did you ever think Mazgaon Dock would be this and HL would be where it is today? Where is the experience for the older people with new age companies? Who thought about Dixon Technology? He said OK. Branded Go supply Karta AC machine. Walker, Rubio, Banali. Contractual Workers. But market is not thinking like that about Dixon. 4 figure will be 5 figure war. And still doesn't want to stop. IMRF. In 1990 I have sold MRF at ���90.00 short. And covered also I don't remember loss or profit, but number. Trading me why they thought the. Watchdog deadlock. Esher Liani. That is a different issue by itself. But. Mariek relative, 3 youngster. Which please help me log house school Bullock safe investment karna. To about four or five shares of MRF at This is at about ���875, along with some other shirts. Who could Satra? Think of other they call Indian Muska portfolio bully. What are you doing with the share at ���1700? Are you mad? We must not buy shares price so high. Sell it off immediately. Pitaji, Gabat. Sunat House. Soviet The point I'm trying to get across is we are all prisoners of our belief system images and that is why the Sebi data showing that. Over 60 people are losing money because they have too many wrong beliefs, wrong images in their mind. And that is also the impact of fast changing times, the shrinking of. Time cycles. You do Purana believe Sana Hero Honda cover line. Fill it, shut it, forget it. I've got by Dorothy. Yeah. But apka fillet shut it, forget it. Sentiment of hey kya kishka. You two look will be invest chota din. Your own mental cycle have become so short. It is because of the abundance over abundance. Of information. Bellato information thaining. Two cycle Lambi chalte kashikoi, apathy, 9th house. You insider thus Kopela Milda upon sapko lasmi Milta. Fitbit Chalat come to Chali Rathalos. Of Alpi event Hua or WhatsApp group. So weird to see the delta between the event and its reaction to the event. Which used to be weeks, months in the past. And we have grown up with that in the past. That it becomes very difficult to change. So we are used to that habit. We react slowly. We decide slowly. But market today has become so fast. That it cannot give you the luxury of waiting. To decide. Then waiting to act. And then hoping to get your return over a certain period. And that is why today and moving forward, the need for technology is greater and greater and greater.