Interesting Facts About Credit Cards
Credit Card Important Rules
Omfut Tech And Jobs
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Being an Introvert, Is it good or bad to be an introvert? - Duration: 3:52.
Introverts are known as people who get their energy from solitude and lose their energy
from social interaction.
It is not more than that since people tend to think that introverted people are useless
since they are too shy to live in this world.
Discovering your personality type is amazing and identifying that you are an introvert
can be a life-changing for you.
Certain thing that people need to know is, it is worth noting that just like extroverted
people, there are some good and bad sides from each of the character.
In this short video, I'm going to share with you some examples of the good and the bad
things when you are an introvert.
If you're new to our channel, make sure to click the subscribe button below, and don't
forget to like this video if you find this information is helpful to you.
Being an Introvert: Is it good or bad to be an introvert?
Let's see some of the good things of being an introvert.
#1 - Deep thinker.
It is extremely useful if you are on setup where concentration, focus, and memorizing
play important part.
Class setup usually puts introverts in an advantageous position.
Additionally, introverts also get appreciation when helping the extroverted students who
usually struggle.
#2 - Deep empathy.
Unlike the extroverts, introverted people tend to be more attentive to something or
someone.
They want to make sure they are in the best condition ever.
Otherwise, the introverts will feel guilty and uneasy.
Deep empathy also makes introverts loveable even though they will still keep distance
to people whom they are not familiar of.
Regardless of those two good sides of empathy, there are several bad things that should be
addressed.
This is not for cornering the introverts.
Instead, it should be used for introverts to adapt in different situation.
#1 - Unable to form relationship.
Due to their calm and quiet nature, introverts often have hard time to find friends.
People typically do not initiate a conversation with someone who does not look friendly or
does not want to be asked.
This may create problem in the future since communication skill is one of the most needed
skill that introverts are assumed to be lacking.
#2 - Being isolated.
Introverts are usually isolated because they are rarely able to speak their minds.
This actually makes other confused or not sure what they should do with the introverts.
The introverted people also sometimes withdraw when their friends approach them, making them
even more isolated.
Well, it turns out that there's nothing wrong with you if you are an introvert.
Introversion is not a character flaw, a shameful secret, or a liability.
Each personality has it own perks, as well as its downside, and it's entirely up to you
to make that up.
So Really cool information isn't it?
I hope you enjoy this short video, if you have something on your mind, please share
your thoughts and experiences in the comments below!
Don't forget to subscribe to our channel and watch all our other amazing videos!
Thanks for watching!
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This will shift your Mind if you are a True Seeker! Sadhguru - Duration: 1:02:02.
to everything that is successful is useful in some way it is a tragedy the
people who are doing it may not be conscious that they're useful they may
be just thinking of profit profit profit as the bottom line but they don't
understand or enjoy that they're creating something worthwhile for the
world which they are anyway doing actually you know I must say this the
first time when I was the Economic Forum in Davos people who are almost resentful
why is a mistic attending a business meeting I happen to be at a dinner table
with someone who was a leading computer makers of the time and he asked this
question why are you here so I asked him see what's your business he said the
other one of the largest computer makers in the world they got bought over by the
Chinese some time ago so I said see whether you manufacture a computer or a
safety pin the essential business is human wellbeing it's just at you
forgotten that's the only problem with Jam whether you make safety pin or
spacecraft it's still useful to the people that's the reason why it's in
business but you have forgotten and because of that you suffer if you were
conscious of this you would enjoy the process of doing it and maybe you would
do better things than simply doing something that after 25 years you will
regret or the world will regret that we did this so business survives and
thrives only because it's useful to people so I don't believe that you have
to be socially conscious on top of it you are if you're not conscious you
won't survive that's how I see it it's just that they may not be enjoying
that they may not be enjoying that they are making a contribution to everybody's
life on a daily life I think they're becoming conscious of that is important
so that doing business doesn't break people in the end that success is right
now breaking up people I see successful people carrying a lot
more miserable faces than not so successful people you will see
not so successful people walking the beach and they are much happier the very
successful people are carrying stiff rigid long faces and that's a wrong
message because success is the sweetest thing on the planet in human life
success is important right now successful people are sending out a
message that success is suffering and that's bad when that happens the younger
people will think what is the point pursuing this smoking pot in the street
side is better than being successful at least we are happy this philosophy will
evolve once we have suffered this 40 years ago we will again come to this if
if we do not send out the message that success is sweet and wonderful and that
will happen if they become conscious of the contributions that they are making
do you think I mean for me success so how its defined your define it as being
happy and now it's being enjoying it that is having pleasure from doing what
you do initiative not because of the actual outcome but it seems to me and I
be with you about the long faces that's for sure but also it seems to me that
we're in a world where business has gone right off around to been business is
basically destroying its hosts and rationalizing it and you know calling it
lots of things and justifying it and you know maybe you know paying great returns
to their shoulders or the investors but in fact most commerce today is
destroying the earth and not by intention necessarily but by fact and it
seems to me we're talking about social conscious business we're talking to a
new generation the people especially about here but everywhere who in fact
see that and then I know for myself when I went into business actually everyone
disapproved all my peers to grow up in Berkeley the only one of two communist
towns and and I'd stay sick at that time and and
when I went into business It was as if I had you know joined the Nazi Party I
mean it was it was so disapproved and I lost a lot of friends because they said
well you know that's the enemy and when I wrote ecology of Commerce the same
thing happened my environmentalist friend said how could you put those two
words together you know so I think what we now have is a generation that doesn't
make that distinction doesn't make that separation and for them what they have
to deal with is a you know investment community we talked about venture
capitalist a community of or ethos if you will in commerce that is about speed
it's about growth it's about you know it's it's it's not about the very things
that you're talking about and it seems to me that we're trying to restore and I
think what is happening is people are trying to bring back this thing the
social the society the local that is to bring business in back to us which is
not out there and not on the stock exchange and not something we read about
but something we interact with something that actually does not only make us
happy is the business people or the entrepreneurs
it actually makes other people happy and I think that's hard to do right now
because of the pressures so one dollar that's floating around there are too
many people trying to eat from that one dollar that's floating around okay so
when you say venture capitalist there are so many people who are trying to
draw sustenance from the same dollar which is making the rounds so when there
is investment like this being socially conscious being doing something which is
not all about profit is difficult people may talk about it but when it actually
comes to action it will become very difficult because the pressures of
generating something for that many people who are eating out of the dollar
is becomes a certain process absolutely and about you losing your friend
because when when you talk about an idea which is a fantastic idea but they may
lose their money you will lose friends it may be a great
idea long term but today they're going to lose their dollar you will lose
friends and for this to happen successfully all these long term ideas
it needs a certain level of administrative or governmental support
it cannot be done by active money which has to earn today to pay somebody
tomorrow that money cannot do this work right now all this is being trying to be
done by private investors and private investment is on our fast track it has
to generate money you can't keep it ten years investment the 15 years investment
of a payback schedule it has to pay back in the three months or six months or one
year this is not just the investors hurry because the money comes from
elsewhere who is in a hurry and there are too many people on the way who are
in a rush so if these long term ideas which are truly wonderful for the world
have to happen the government needs to invest in that otherwise it's never
going to happen it's only going to be a talk because private money cannot do
that long-term private money will not go you know it can't span itself that
distance we have some wonderful institutions here the Rudolf Steiner
Foundation RSF and and then were detached low money we have actually now
people and organizations really core lessening around this idea of the speed
of money that is slowing it down and extending the timelines in which money
is supposed to have a return on capital Ecotrust in Portland is doing forest
trusts essentially that pay a modest you know return but they actually restore
forest land and and now they're wanting to do that with farmland as to say by
farmland that's been really mistreated and then by restore to organic
restore its biological qualities and then I don't know how that's gonna work
with farmers but nevertheless this is this is a movement that's very strongly
emerging and I think people really understand that money needs to slow down
I was at a wonderful conference a few weeks ago three weeks ago I don't know
if Lisa gasps key is here but she put it on called mesh and it was about the
sharing economy and peer to peer and sharing it was a fantastic conference
and one of the data points that really struck me was the one between Airbnb and
continent InterContinental Hotels InterContinental Hotels today is the
largest hotel chain in the world it has 650,000 beds and Airbnb has 650,000 beds
- and they did it in four years and with no capital for beds anyway and but but
but there is a paradox there which is these these these new companies that are
rising here the sharing based or peer-to-peer based companies are being
funded by venture capital so there's still that tacit understanding that
somehow there's going to be this forty percent return year on year on the
capital paid in and and what I see and I and people show me their business plans
and their spreadsheets and they're really tortured in a sense to get them
into shape to show this you know kind of growth and that growth we understand
biologically as cancer and not development and so in a sense we're
funding as you say because of proxy money and proxy money doesn't have an
owner's what I'm saying about local again it doesn't who owns that money you
know who that money for the VC might have come from a university or where
that money come from that came from alumni donors and so the incentives that
DC's have is really perverse because it is about you know turning that money
over quickly in order for them to be personally compensated and benefit and
and so we look at the successes of VC money in the googles and Facebooks
etcetera and we overlook in fact that is not a what I don't think it's a way to
fund the future I think it's a way to destroy
future if if the speed of the money has to slow down in many ways our lifestyles
have to change the pressure of lifestyle is transmitting or transforming itself
into demand and the speed of money just slowing down the speed of money and if
our lifestyles are at a certain pace and naturally the pressures build up so this
is something that we have to bring into the society and the consciousness of the
people that there is a better way to live without necessarily escalating our
lifestyle if this has to happen right now we're in pursuit of happiness it is
also written into the Constitution that you have a right to pursue your
happiness it's its need to be it needs to be
understood that all human experience is generated from within whether it's a
misery or happiness or joy or whatever else
everything is generated from within we are not at all investing in that
dimension if if you sit here and you are happy by your own nature suddenly you
will notice that your activity is no more compulsive there is no such thing
as you have to do this or you have to do that you will do whatever is appropriate
to the situations in which we exist right now people are in pursuit of
happiness and there is a certain compulsive activity to fuel that
compulsive activity the money has to flow at a certain speed and that speed
is unrealistic and something needs to be done about that because we are always
trying to transform situations in which we exist not understanding situations
are just a consequence of the kind of people that we are we are never trying
to transform the individual people we are always trying to transform the
situation now don't bother about the situation situation is just a product of
the type of people that we are if you transform the individual person then the
situation will naturally transform but with the situation you can just make a
slogan and you know network and the Facebook can forget about it individual
transformation means it has to begin with you and you have to work with
people it's a long haul Oh what I think one of the things
we're seeing those is and if you look at the past 40 years right now there's
fantastic evolution in terms of people's awareness of what does comprise I think
is an awkward term socially conscious business but I'll use it and one of
those aspects is localization and localization on every aspect I mean not
just food networks and local tours but actually you know money has to be
localized because everything in business is really about relationships getting
social relationships so and the relationships have to be enduring and
not based on money themselves if it's based on money it's not really a
relationship it's a transaction and so money has to be localized but it's not
just money energy has to be localized we can buy our solar panels from China I'm
sorry it won't work we did the buy oil from Saudi Arabia and our solar from
China what's changed nothing and so I what I feel is happening and certainly
the bay area is a hotbed of that is this sense of of transforming cities
transforming neighborhoods transforming the relationships people have not in a
sense looking for scale and rapid growth as the means to measure success but
looking at small artisanal food producers and restaurants and now the
maker revolution in San Francisco where people are coming back to the city to
actually make things that were made overseas in fact so you're seeing this
really rapid pro tip achill change occurring in cities all over the world
and especially here and along the coast and I think it's really the harbinger of
sort of a new city-state mentality where the hub isn't going to be New York and
London and money center banks but the hub is going to be the culture of cities
that have this increasing vibrancy San Francisco's vibrancy is is paid for
because there's so much money here but I mean and there is it's one other this is
the richest place in the world now from here South to San Jose you're living in
the richest place in the world the only places richer is Mayfair but that's
because the Russian oligarchs and people lived there but it did it
really that this is it you're in it and so despite that what I feel is a
kind of authenticity growing up and developing and evolving as I see it
through svn and so many other organizations of people realizing that
they have to in a sense and they use a quote from my colleague Amanda Ravenhill
but people have to hold hands and collaborate and it's different than
being an entrepreneurial hero you know the Promethean over the top I'm gonna
make it and that's what I see starting to emerge and I think that's a very very
happy helpful joyous even sign that people understand that and that it's not
dropping out its dropping in to what is humane and as I've said we need more
humane beings you know we have too many maybe people on the planet but we need
more humane teams and you become humane by the way you connect to each other and
so in the end to me it's about falling in love and and so what is socially
conscious it's falling in love falling in love with your family your friends
your community with the place you are with all the critters and creatures that
live there and and so forth and once you're in love what are you going to do
you you're going to protect you're going to nurture you're going to you know and
you're not going to go off on a bender and try to make you know billion dollars
that's a very popular answer that I'm going to disagree with
definitely you must fall in love no question about it because this is not
for economic reasons it's for the sweetness of your own life you must fall
in love but with the Facebook and other things why can't you fall in love with
somebody in China or in Timbuktu why it has to be local
I feel localization of money would create small OSS here and there it will
never bring well-being to the larger world if human beings have to get
localized right now I drove from San Jose and I started two hours early just
to make sure that I'm here on time and what I see is thousands of cars are
moving this way and thousands of cars are moving that way so people who are
here or working there people who are there or working here and all we are
thinking of is I was driving in a Tesla okay
all we are thinking of is producing a car which consumes less energy we are
never thinking of why is it people who are here working there people who are
there or working here why are they going in opposite directions everyday and
either they can move to the right place and create those kind of cities where
people can walk to their work or that cycle to their work or people can work
them from their home there is enough technology today that it is not
necessary for everybody to go to work different kinds of modules can be
created where you want to go somewhere please go drive but you want to go to
your work which is an everyday thing it is not necessary to be travelling two
hours to work and two hours back and you will see people are driving in opposite
directions they're not going if the whole traffic in the morning is going
one way and in the evening another way understandable that's bad but
understandable now half the population is going this way other half of the
population don't that way it doesn't make any sense to me
localization localization should be of the people
money you must international eyes if you ask
me at some point we must aim at a common currency for the whole world right now
because of the economic disparities it may not be possible at some point there
must be an international currency which just sells everywhere and localizing
currency localizing money transactions a very romantic idea it's very nice you
know like there was an organization called be the change and they invited me
to speak in this place in London and some 3000 people from across the planet
and they were talking about how they want to take the world back to barter
system that all this currency this final financial markets it's all fake it is
fake no question about that but it is serving a purpose right now the problem
right now is before money becomes a productive process in the pre productive
process itself people are making it hard you know yeah yeah I think I'm time out
localization is the banking system itself and right now I I got an offer
from Bank of America to change my mortgage and because it's at 4 and a
half percent and you can get mortgages for three point three seven five and I
thought well I'll just call him up first I have a friend who's a mortgage broker
but I called the bank and and I got on this voicemail hell forever and this and
this and this and I was talking to somebody in India so when I'm talking
about andele hello yes can I help you and so
and then what's your name and then which is also again and over and over and over
again and then what rate would you like and I said I asked yeah I'm calling to
see what you're offering not what rate I would like I'm not bargaining to me this
is the idiocy over the system we have today I'm sorry and that is when you
have a local bank it doesn't mean it's local currency it means that their
currency it's it's our currency we're lending to each other there's trust and
the basis of a healthy economic system is trust and there is no trust in the
system and that the trust is gone and we are being algorithms and objectified by
our banks by our search engines by our social media and we're being studied
and computed and recomputed and marketed to we've all become objects to these
huge institutions and as Jaron Lenya talks about the people with the biggest
server farms and computers are winning and they're concentrating capital so
when I'm talking about localizing I'm not talking about barter systems I'm not
talking about let systems are fine local exchange systems are fine too but I'm
talking about is relationships relationships that means something so
when you call somebody they say oh hi how are you doing and and what do you
need oh let's let me get back to you or
whatever I'm talking about a world that makes sense to us and I'm just saying is
it's scaling the financial system is making us you know sort of into again
it's objectifying us and it's making us into aliens all all of us to a system
that doesn't serve us it's serving them not us and when and I think my name is
very very very clear about this when one percent has more money than the middle
class democracy is dead because it's the middle class that is the fundamental
core of democracy and when the one percent has all the resources and most
of the resources you can kiss goodbye to politics to policy to decency to
regulations and governments making investments in those things that count
because the investments going to go to concentrated capital so the cap when we
coined the word capitalism that word came in because the access to capital
was limited to a very small number of people what you're saying is very true
that one person has more money than what rest of the whole population has that's
a fact but what we also need to acknowledge is wealth is more
distributed today than ever before in the history of humanity
that's a fact - so we're in a process and about Beijing or Bangalore being
local is happening it's not it happen right now talking to somebody in
Bangalore you're feeling like Oh somebody who doesn't know me is talking
but that will change to you will feel Bangalore is a local place
after some time it it is it is still new it is it's still new happening there are
people who are falling love halfway across the world right now because of
their Facebook or whatever okay he was embarrassed to tell me what time it was
it's 4:00 a.m. nothing wrong with 4 a.m. not if you're meditating we're talking
about mortgages what I'm saying is we we have been used to certain things but
those things will change as technology grows I think a point will come we don't
know how far it is a point will come where national boundaries won't mean
anything because we are able to freely if one person was not there
if some urban legend was not there on this planet if he did not exist by now I
think a lot more transparency would have happened with technology right now we
are using technology to Wallis out all our cells out but we would have used
technology to bring down all the walls if that one incident has not happened 10
years ago that's how I see it if the thing has not happened we would have
used technology to make the national borders porous right now we are using
technology to make it impregnable I think that is a one-time incident that
need not repeat itself we will get over that after some time right now
everything is kind of framed around that one incident I think at some point we
have to get over that yeah I don't think anybody here especially this room in the
cities is arguing against internationalization or the fluidity
with which we can have friends all over the world and I do and I and because of
social media and it's fantastic no question about it but I still think that
when we're talking about economics we're talking about socially conscious
business and we have to think about I think in biological metaphors and when
you have an healthy watershed it absorbs water very quickly and then
releases it slowly and it releases it slowly into streams and rivets and
finally rivers and water is life and there's no water there's no life
virtually so you're talking about an economic watershed it also absorbs money
quickly and releases it slowly into its you know canyons and into its riparian
corridors of people and neighborhoods and right now what you have is the
opposite situation being created if you shop at a big-box retailer that money is
in London that night it's gone it's not in this community at all and only a very
small amount of that money comes back and so what I think we're seeing with
what's being created and is really quite astonishing given the inertia and the
momentum of the existing system that is you know almost overwhelming is people
trying to reconstruct what it means to have as I said a humane and healthy
society and that involves transactions that are meaningful every step of the
way and it does not mean that money when you spend it is in London in somebody
else's hands I agreed that it'd be really wonderful to have a common
currency no question about that because it's politicized and used and there's
currency wars and people pay the price for that
and that is unfair to them but that commonality of currency doesn't mean
that can't also be on the other side a real rich economy at home and that
depends on people and on relationships on institutions that are rooted in their
communities and not rooted in money center banks in New York that don't give
a fig about our lives or who we are or what happens to us so when we when we
started creating this World Trade Organisation and things like that the
idea was to make the whole world into one single market place not have
different levels of markets we have invested too many too much in that
direction but when to get there the journey is long to get there there
are a few unpleasant steps that we have to take when unpleasant steps need to be
taken when I say unpleasant uncomfortable steps for ourselves when
we have to take it if we turn around because it's uncomfortable then the
prize will be even bigger and the question of local markets existing by
themselves they'll innovatively happen for certain products but the larger
financial market if it is not leveled out the disparities will continue
distrust will continue right now the way the nations are operating is never with
each other always against each other one against the other when big forces
continue to operate one against other the expense of it is too much the
expense of two two or five different groups working against each other in the
world is so high the economic benefit will not reach the people it is all
spent in confronting each other at many different levels this is a very complex
confrontation and you know the deputy vice chairperson of the of the Bank of
China I was having a conversation with him when we went into the mechanics of
it it all comes down to enormous distrust from one nation to another if
that one thing is brought down if more sensible leadership leadership which
reaches out leadership which will not think there's a big difference between
this and that somewhere we have to meet and operate the only reason is because
there is economic disparity if you try to level it people who are up there have
to come down that is not possible you have to bring up the other people to
some reasonable level before we talk about leveling it I think we are on the
process it is just that what type of people are handling these situations is
the only question for me if you transform the people the system can work
even now one of the wonder one of the things I heard on the mesh conference is
new chemical ripple and ripple is I think it's gonna bypass the money side
of it I think the people I trust are the ones you know bypass the government and
the money Center banks and the seats of power and
that's what's so beautiful about the internet about social media about
Facebook about what's going on is that I think we can create a currency a common
currency and bypass the whole nine yards and I'm really looking forward to that
and people within that one to create a local currency they can do that as well
so it's not either/or but for sure I don't really want to wait until they
figure it out in the banks in Switzerland and Germany in London in New
York and Tokyo in Hong Kong Oh what I'd love about what's going on right now in
business is that people are are can bypass in a sense they traditional
institutions that have basically did benefit from distrust almost you know
and use it to their aims and use it to their end so forth Deborah you're gonna
come back and open this up to the audience yes yeah
as a reminder to our radio audience this program is presented by the Commonwealth
clubs in forum connect your intellect for more information about in four
minutes upcoming events please visit facebook.com slash inform SF or follow
us on twitter at in forum SF tonight we're hosting sud guru and paul hawken
as they talk about socially conscious business
saguru is a yogi and mystic and founder ISA foundation for more information
please visit Sadhguru org Paul Hawken is an environmentalist entrepreneur and
author you can find out more about Paul at Paul Hawken com and I'm Deb Nelson
executive director of social venture network we're at SVA org so we're gonna
start our question and answer period in a couple of minutes and I'll invite you
all to line up behind the mic don't hurt each other as you're lining up I'm gonna
ask you to please ask single questions no multiple part questions no pitches no
stories if you give us a multiple part question or make a pitch I'm gonna have
to throw this gavel it don't make me do it so here's a transition question as
you all are lining up at the mic most people don't find their jobs fulfilling
or meaningful so what would you say to the person who can't quite align their
values with their work and they're not running the company or organization that
they're working for and turning a company into a values driven
organization doesn't happen overnight what advice would you have for that
person well the thing you'll notice is that the companies that really do make a
difference it's because the CEO really got it and she or he really understands
and that's when you see change it doesn't mean that the work that people
are done when they're not aligned with the CEO or the CEO is too busy or
doesn't have the literacy required can't make a difference they do my suggestion
to them is to is really to approach it like they're learning this offense it's
a very rich learning experience in fact there could be a richer one than going
into this company I mean and you know you really
I'm serious you learned so much and and really it's very valuable because you
won't stay there that long and you'll be able to apply extraordinary amounts of
insight that you wouldn't get from working at Patagonia you know which is
really a functional company in my opinion and so but I remember once
dealing with a big multinational chemical company that does GMOs and I
won't name who they are and mmm and we redid our colleague and I set up
a thing where we got all the scientists together to create this spaceship and
there was a competition between all of the chemical engineers and they had to
create a spaceship that would leave and come back in a hundred years that and it
could be as big as they wanted and it could receive light but hadn't you
couldn't throw anything away and then they lobbed it their engineers
and they're competing and then at the end they all voted on which spaceship
there go on and even though they were competing they over it for basically the
one spaceship and that spaceship didn't take videos and DVDs who took artists
and musicians and storytellers it didn't take any products from that company not
one single product pesticides chemicals was taken because he said that would
poison the environment all the food grows organically grown
they took weeds which is their biggest selling product to kill weeds
they took weeds because weeds helped us subsoil bring up minerals and make the
soil healthy and this is the this is what everybody one two gone and and
after that exercise whole bunch of them quit so I think I think it's
so I think if you're not happy it's a fantastic thing it means there's some
deep impulse in you that's leading you to something that's going to be really
helpful to the world so when it comes to individual fulfillment as I said earlier
in so being in pursuit of happiness if your life has become an expression of
your joy you'll always find a way to do something meaningful wherever you may be
whatever your position may be you may not be able to change the ways of a
large corporation by yourself but the little ecosystem around you you can
definitely change but first thing this must happen you must understand this the
moment you're in pursuit of happiness unknowingly you're working against so
many things so many things our pursuit of happiness has brought in callable
kind of misery to every other creature on this planet but we are pursuing it
sturdily and not getting there we are not we have pursued it very strong using
all the technology that we can put together in the last hundred years but
we are not any happier than people who lived your hundred years ago so when we
are not successful four hundred years I believe it's time to stop and look back
and see why the hell are we going around without being successful about our goals
because what is what needs to be done internally we are trying to fix it
externally it's not going to work like that nobody is going to be fulfilled are
happy because of things that are happening around them that is only short
time you bring yourself to a certain level of joyfulness and fulfilment
within you then your activity is no more compulsive once it's not compulsive you
will do what's needed according to your intelligence and capability somebody
else cannot fix this for you because each person will act according
to his own capacity to do things thank you and now we're ready to open it up to
questions from the audience and remember single part questions first question
it is so single part you'll be amazed sadhguru mm question for you you said we
can't transform systems we can't transform structures we can transform
people because systems and structures are natural occurrence they're the
reflection of who we are how do you see the most effective way of accelerating
that process of transformation to connect the question a bit I did not say
you cannot transform the system you can transform the system much more easily
than transforming people but it is not the answer you transform the system and
populate the system with the same people you will see it's the same thing again
you'll just for a few days you think things have changed after some time it's
again the same thing because the same people transforming the people is a much
longer hall it is not one day slogan shouting it's not one days policy thing
it is something that we have to work with our children on the street in the
office everywhere we need to work so what is one thing that can transform
people one fundamental mistake we are making right now with the people
handling of the people is we we given them this idea if you fix the outside
everything is gonna be okay as already Paul said you are living in the richest
part of the world but you are not the happiest lot on the planet okay that
means it's not worked you fix the outside but the inside doesn't work like
that so bringing this as a culture see today you have infrastructure for all
kinds of things you have industry you have hospitals you
have this you have that there more toilets than there are people all these
things are there but there is no infrastructure to transform the inner
nature of the human being at all hardly anything it's almost zero 150 years ago
almost 90% of the people who lived in this country were illiterate today
illiteracy is almost 100 percent how does this happen because the school
rooms were built isn't it you built the necessary infrastructure so the rest
happens for the inner transformation of the human being there is no investment
at all private little listen
there is no large-scale development of infrastructure as a part of this
we built the largest meditation Hall in the Western Hemisphere in Tennessee
right now because this infrastructure needs to come up in big time where
people are focused towards their inner transformation otherwise as there were
illiterates 150 years ago right now there is an
illiteracy about how to handle myself when you yourself are an issue believe
me everything in the world will be an issue thank you about so much to think
about Paul at the beginning he talked about
socially responsible businesses not being something new but going back
hundreds of years and when I think about companies like Quaker Oats ney and P and
the others that you mentioned I'm back to Tom Robbins question of how do you
make love stay what what enables companies to stay in that founding
spirit over long periods of time when the the ones you mentioned none of us
would think of as particularly socially responsible how is it captain how is it
lost that's a really good question I'm not sure they can because they argue
Gosset that show that a study on businesses corporations there were over
four or five hundred years old and the question is why you know how did they
get so old and what he discovered was that the if you had a being goal instead
of a doing goal then you you could adapt and change because it was about who you
were what the company was in the world is supposed to a rigid sense of what it
does but very few companies have survived that values orientation in
terms of over or decades or even centuries and like I gave Hynes and
Quaker Oats as examples because we don't really think of then maybe Heinz a
little bit more because we know Andre Huns and he's difficult guy but but you
know but not really you know the company itself and Quaker Oats is gone you know
and so I think that I think we have to understand that businesses just like
anything else they grow and live and die and it's okay you know that they have a
life you know that it's over the I do want to say that you know I what I love
is how social conscious business are morphing and changing and what they
think about outside you'll see some drinks called rebel which is means roots
extracts berries bark and leaves and there's started by David bad stone not
for sale which is really a business that's dedicated to sourcing and its
ingredients from places where people were enslaved and there's a lot of
slaves right now in the world and then selling them in a tonic that is actually
good for you and has cats claw and schizandra and ginseng and so forth in
it you know and the profits go to NFS or at least some of the profits to a lot of
them and I want to say this is a just shameless plug you know that the person
who created and the CEO is my son so but when it's shameless in the sense that
you know he did so much better than I did when I start my first business
that's what I'm saying and so there is this I feel like there's this the
literacy about how to go about doing socially responsible businesses just is
just actually exploding but how you make them last over time I don't know if
there is a way to do that except when you do see a business that has a really
strong culture like an IBM it means there was one charismatic in the best
sense the word CEO who doesn't necessarily be the founder but usually
the founder who's sad a kind of minds you know cater a state of in that
company that just persists or way past his or her death and into the future
thank you good evening some go to welcome to San Francisco thank you for
sharing so much wisdom with us this evening my question it really goes to
the question of motive a lot of discussion between the two of you about
consciousness and so on and I'd like to set up a purposely difficult choice
between a company say started by people with bad motives mean people self
aggrandizing selfish just not nice people that achieve a wonderful outcome
some product let's say they solve cancer and another
business started by people with wonderful intentions environmentally
responsible holistic a little commune it's wonderful and they achieve no felt
no success at all which is a better outcome for the world now when you do a
certain when you do a certain activity economic or otherwise the most important
thing the most important aspect of any activity is to do it the way it works if
you do something that doesn't work that's nonsensical activity romantic
maybe but nonsensical because you're wasting the resource on the planet and
your own life in the process so romanticism is fine but when it comes to
action it has to work otherwise what's the point it's better not to work if you
want to do things which are wonderful but does not really produce results for
somebody else come to me I'll tell you just close your eyes and sit joyfully
I'll see that you're fed you just simply happily sit in one place that's great
you're doing a wonderful job at least you're not a problem you know so
intentions are fine but any activity if you do it it must produce results
otherwise there's no meaning to that activity I had another question but that
comment has me and what if doing focused on results ends up being exploitative
ends up being oppressive ends up being not in I mean I'll think about the women
who were working in Bangalore alright so so the this this notion that that is the
assumption of gaining results efficiently but the process so that
I'm not asking a question so what are we so what's our response to win the
framing of results ends up in damaging and oppressing people I would say the
values that you have evolved with a certain level of economic well-being
please do not impose that on the rest of the world to understand somewhere a
child is working somewhere a woman is sitting up in the night do not judge
this either the choices she sits up in the night and works and sleeps in the
morning and has her lunch and dinner or she goes hungry that's the choice she
has I prefer that she works in the night I prefer a child I eight-year-old child
works rather than being on the street and malnourished and dying at 15 20
years of age I prefer he works if unless you can really make the world in such a
way that every child can go to school everything can happen to everybody till
they reach such an economic status as a society imposing your levels of values
upon them is completely unfair and it's a misunderstood concept I prefer the
child eats and goes works all right it's exploitative I know that I am completely
against it within myself but right now I am ok with this because at least he gets
to eat my question is for Sadhguru why everybody's shooting at me
an easy one so this is regarding the point that he made earlier about
investments for conscious business should come more from government who
have a longer term vision than from being at venture capital who was who has
shorter term vision as an entrepreneur who's interested in doing a socially
aware conscious business very waste art because the government is not there yet
and the venture capitalists don't have the long term vision to fund and an idea
organized organization that's going to take a longer period of time to produce
whistles they I call use some of the term I forget but I would use the term
it's pressure money the monies and the pressure this money you cannot invest on
aspects which need a long gestation right now almost every socially
conscious or environmentally conscious business is dependent upon technological
breakthroughs technological breakthroughs can are always on
indefinite gestation ok there is no such thing as tomorrow morning we'll have a
new technology ready there is no such thing
it may happen tomorrow morning it may happen 10 years later nobody is certain
about that that will not come that way just because
a few things have happened that way it doesn't mean everything will happen that
way technology doesn't come at will it takes so much to happen around you know
nobody knows when it will come so this pressure money which is on pressure that
it has to produce something on a daily basis that money cannot serve that
purpose that's what I meant when I said the government has to chip in for these
kind of things now that you are an entrepreneur you want to do something
ecologically sensitive and this there are many opportunities to do unless
you're thinking of a breakthrough kind of stuff if you're thinking of a
breakthrough kind of thing either you can join a Paul's company at a lower
salary or you can join a VC foundation free turn of voluntary basis
you can choose thank you you're forgetting a lot of applications it's
difficult I mean mmm that's exactly I think why we have this whole meeting
tonight I mean this conversation is that it's difficult to do the right thing and
the world right now I'm not difficult to check feel did you want to do it I think
but to actually implement it in right now and and especially when it falls in
the cracks between you know something that's small and you don't really need
much capital it's something that needs a lot of capital pay it in the sources of
those capital are tend to be money under pressure it's not the people are bad the
VC's and I like that it's just that they're under pressure and they're under
from somebody else's under pressure and pressure goes to the company and then
you start to make decisions in a way that you perhaps wouldn't and so I don't
think there's any answer for that you know and we don't have a good record in
this country of governments actually making those decisions investments we
actually have a pretty good record though in this country and as other
countries do in the government investing in research and development and I think
that's where the government should go and more money to education more money
for universities more money through Institute's that are doing legitimate
research and they can figure out how to commercialize it and who the license it
to that makes a lot of sense to me and I wish we weren't controlled by you know
people who think government is bad in this country or you know the Congress
wasn't controlled that way so we could start to invest in the future right now
basically as I've said many times you know we're basically you know selling
the future in the president calling it GDP and you know we're destroying our
children's future and call me an you know economic growth and we could just
as easily have an economic system which investments go to healing the future to
creating you know natural capital to restoring living systems to restoring
our forests and our river and our coral reefs and our oceans and our atmosphere
and our children's education and so much more and we can make money doing that
way to it we can make money either way and we're so stuck on this idea that
somehow we've got to sell the future in the present otherwise you won't get rich
fast enough and I'd somehow that has to really change and I think it's only
gonna change by an example the small enterprise can run and pressure money
but the larger corporations and the government cannot run and press your
money but right now the government is running on pressure money which is very
unhealthy mostly thank you both of you it was a really great discussion
I saw the topic socially conscious business and I was pretty much like how
Sadhguru G talked about it every business is supposed to be socially
conscious so that's what I thought when I look at the title it was it was really
useful I should say from my perspective to see what's next in the social
consciousness idea so the question I have is pretty much for both of you when
I saw Paul talk about the objectification of a consumer like when
when I as a consumer interact with a with a with a company and then when I
feel objectified that's something that I don't want right so when we when we see
a business should be socially conscious there are some things that we have to
put in a submission for the for the company that that comes from consumers
perspective right like what what are the things do you do you think would would
the consumer want that would make a business socially conscious I've always
thought that I've only done businesses where I want to be the consumer so I
don't I don't think about him or her as somebody other and and I've been happy
to create businesses where I in fact really I just thought there'd be a few
customers and and in fact there were just a few and my actually migrated my
great-great-grandfather started his first company just just by her new
Montgomery on Market Street and in 18-49 and he specialized in books on in German
and French on Catholicism and in 18-49 and he went out of business
and started a long history of my family and when Don became a farmer in Silicon
Valley and I wish he kept the land and so I think that the to me is you want to
be the customer and then you're never far away you're never studying the
customer doesn't mean you don't listen and and get feedback and you know work
with your customers but I feel like the the way to grow the the is to grow is to
start small and that smallness you can make so many mistakes and that's the
problem with you know rapid money is that bit just basics become too big and
when you're small you actually want to make mistakes
because then you're in a rapid iteration rapid learning mode and what we need in
this time of enormous transition and change is failure that's what we need
rapid I mean lots of failure and we're in a society that basically marginalizes
failure and lionize the success it's fine to lionize success and wealth but
what we actually need to do is be experimenting trying this and trying
this and trying this because we really have to make huge changes in the next 20
to 30 years in order for us to have some semblance of a civilization at that time
and I just think we need a way of looking at money and looking at a
relationship where we actually they say exalt and praise fail you're right from
first grade on and we need to create a culture where trying things and
experimenting and learning is is exalted and and I hope that's the change that we
can bring forth and I don't know how we can do that between government and big
money I think we do it each other I think foundations which are so important
you know in terms of contributing to you know NGOs and civil society and so forth
they too have to get rid of this fear that runs their boards you know like oh
we had made a bad grant I hope so make another one and another one and
another one oh we found something really worked now put some money into that we
you know so that's how evolution works and we now are devolving we're not
evolving in many respects because all the big money wants to
valo basically big money and that's fine but we really need to follow the outside
the margins those people who are basically creating things that that are
that there will forevermore be on the margins in the sense that they're not
going to aggregate into something that's huge
and big and so I mean we know how to do that that's the thing and I think that
the beautiful thing about what's having right now
is that the way I read things and I try not to read the headlines too much is
that humanity knows what to do we do know what to do it's not like Oh what to
do you know we know what to do and and we're not listening to ourselves so well
thank you it's time for our final question and it's an in-form tradition
to ask all of our speakers the same last question and that is what are your 60
second ideas to change the world the world has never been the problem it's
the people so individual people to change from individual people something
needs to be done but 7.2 billion people is too much so first thing is there must
be something to transform the leadership on the planet particularly the leading
nations why I'm saying the leading nations is for example right now United
States has become a leader in so many ways when I say leader don't think of
just economic and military powers if you were only blue colored clothing
everybody in the world is wearing only blue plant pants all over the world if
you wear a torn pant everybody is wearing torn pant if you drink if you
have a drink with carbon dioxide in it everybody is drinking carbon dioxide
okay so there is a leadership so transforming this nation I feel is very
key and particularly the leadership when I say transformation it's not about
fixing somebody it is about you must recognize this whenever any one of you
is very joyful you are a wonderful human being whenever you are unhappy miserable
frustrated you could be a nasty human being
so bringing the leadership to a certain level of inner clarity and pleasantness
within themselves is very very important because only when a human being is
pleasant he is not pressured to do things compulsively because once you're
the leader every thought every emotion every action that you perform is going
to impact millions of people so if your work is important who you are needs to
be worked at if this one work we do that the leadership on the planet at least
becomes meditative a little bit turning inward if this happens you tremendous
transformation will happen when somebody asked me this question in the economic
forum one thing if you can do Satguru we can do for you what is it I said get me
25 people for five days I will transform the world within three to five years
who are these 25 I named the 25 heads of state give them to me for five days you
will see the world is definitely transformed within three to five years
because they can change the world you can start bottom-up but that's a long
process do what you don't do I think you must look at yourself very carefully
because the children are picking up everything rapidly and they'll
exaggerate everything that you're doing so one foremost thing is at least make
yourself in such a way that you would like to be somebody may not approve it
doesn't matter at least you've made yourself in such a way that you like the
way you are gurus know women will not make good gurus nor will men make good
buckaroos unless you know how to be beyond the - you can't be this if you're
a man or a woman if you're stuck with your gender then there's no chance of
being a guru because you're looking at the mechanics of life in a completely
different way you're just looking at life as life all the problems on the
planet is simply because everybody has their own
and these missions are creating variety of conflict if all of us sit here
without an omission mission means an assumed position of importance and
agenda individual agenda if all of us can sit here what is a human being
longing for every human being all of you wherever you are right now you would
like to be little more than what you are right now isn't it so hello yes if that
little more happens what little more if that happens what so it looks like in
installments you're going towards something how much more would settle you
for good let's look at it right now
you
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Bank Nifty Trading - Bank Nifty Future Trend - Part 3 - Duration: 23:18.
Hi guys, so this is the third part of Trading in Bank Nifty video series. So
till now we have covered two parts, In the first part we saw about basics of
Bank Nifty instrument. In the second part we saw Relative Strength analysis of
Bank Nifty. So this third part is dedicated to Bank Nifty and overall
Trend analysis of Bank Nifty. In the fourth part I will be covering entry,
exit and trailing stop loss techniques. This we'll be covering in the topic of
Risk management. So the learning objectives for this video is will be
seeing how to identify trend in any instrument. In this case it is Bank Nifty.
We will be seeing why trading in the direction of trend is extremely
important. I'll be covering up a concept of path of least resistance and I will
be showing why traders need to understand this concept in order
to become successful trader. Then I'll be sharing one tool with you which I
have covered in my many videos. It helps in identifying overall trend in
the asset and then I will be coming to topic of Trend analysis and time frames.
I'll be showing here why selecting the appropriate time frame is necessary in
order to determine the trend. Quite often the first mistake traders do is they
select wrong time frame and they then try to determine the trend on that. So
I'll be sharing some thoughts on this and finally will be conducted
Trend analysis on PSU banks and Private sector banks. I'll show
you how this video actually fits in with respect to the first two videos we have
done and what will be coming in part four. So let's get started. The first
thing I want to tell you is since this topic is about trend trading remember
two things; Our job as a trend trader is to follow the trend and number two
We don't get into the business of anticipating tops and bottoms. So
if a Trend is up, we'll be participating on the long side. If the trend is down
and the conditions are right, we will be participating on the short side. So
the first step is to recognize Trend. So we have a chart here which
is broadly range-bound. It's 10-year chart and what we can see in
one snapshot is that this is not a Trending
stock or an asset. So the first question that you have to ask yourself
when you see a chart is, whether this is a Trending chart or not. If the chart is
not a trending chart, then you know what you cannot apply principles of trend
trading on the chart. It's just better to switch to a different instrument. I
also want to highlight one thing that if you are trying to identify long-term
trends please use long term charts, if you're trying to identify short-term
trends please use short term charts. Don't mix the two. Quite often what
happens is that traders try to identify a long term trend through short
term charts. So this does not work. Please keep this in mind that long term
trends should only be identified through long-term charts. This is another
chart that I want to share. So as soon as you see this chart, the first thing that
comes to your mind is that price is heading higher. The same feeling you get
here, even at this point you had a clear higher high structure in
place. So this is how an uptrend looks. Of course there are
periods of volatility that we'll be covering up later but in case you have
to identify trend for stocks, try to stick to long-term charts. That is,
daily time frame or higher. I usually prefer daily - weekly time frame for stocks.
In case of index let's say Nifty, Bank Nifty, S&P 500 or their
respective ETFs you can also move down to Hourly
time frame. So Hourly time frame and daily time frame are pretty good in terms of
identifying trend for ETFs or Index. Don't go below Hourly time frame. This
is my experience you will just add a lot of noise to your charts and overall your
market analysis. So as a golden rule, in case you want to Trade stocks, stick
to daily time frame and above. In case of Index, hourly and above. So this is
one more trending chart. Again what we see here at each respective points is
that price is trending lower. So these are the kind of charts you need to see.
Whenever you are trying to identify a trend in any asset,
you would actually know the trend the moment you look at the chart. In case
you cannot determine the trend of an instrument by just looking at it
at the first time, you know what that chart is confusing and it's not worth it.
Just move on to another instrument. So one thing I want to make clear about
down trending market is, if you see this chart this was a fairly up trending
stock. It's volatility is low and it's kind of rising without any
significant volatility. Well such kind of charts you'll find a lot you know when
you're trying to identify an uptrend, because while prices move up, volatility
tends to come down. Whereas down trend is sort of different. There will be very fewer
charts that you will see that will have a smooth downtrend over a
period of few years. You'll always have these sort of counter trend rallies. It's
just because of the nature of how downtrend works. Volatility is always
high because fear is a stronger emotion than greed and which is why you will
find these sharp counter trend rallies which are actually missing in a
proper up trending chart. So these are the two kind of charts that
you have to identify. First is this and second one is this. In case you come
across a chart which is somewhat like this over a long term chart long term
time frame, just change the instrument. So I'll just explain you this
concept of Trading in direction of trend. So what I have here is the
chart of Bank Nifty, this is since 2014. I've marked out the breakout points and
the proper pivot point. I have done a separate videos on how to identify or
mark proper pivot on charts, I've shared the link in the description box below. In
case you need to know why some points are valid pivot points and some should
not be counted as pivot points, do go through that video as well. So the
easiest way to identify an uptrend is you won't find significant
Retracement or Volatility and at each juncture you can actually mark out
relevant pivots. So this actually forms uptrend. On the down side what happens is
you will find consistent lower lows that you know will be forming on charts
and these higher high structure is sort of missing. So that is how you
identify a downtrend. This is just price structural analysis, it's extremely
simple. Again what you have to do is you just have to identify relevant pivot
points to know whether price is trending up, and relevant pivot points on
the downside to identify whether price is trending down. So I have
explained this concept in great detail in one of the pivot point videos that I
just mentioned about. So just go through that. So the concept of Path of
Least Resistance is something which is very easy to understand but it's very
difficult to implement just because of our human nature. Now the concept says
that when a price is moving up do not try to short short sell that
particular asset. Now these are the relevant pivot points that I have marked
on the chart, it is for two purposes; One I want to show how up trending stock or an
asset looks like and another these are the retracement points where you know
maximum traders will try to short the stock just because they look at
retracement from 600 to about 480 and they try to extrapolate that to over 300 200.
And then they try to short the stock or an asset. Well what is happening is that
until this pivot is violated, the trend
is in place. Now as soon as the new pivot is formed, then as far as this pivot
holds, the trend is up. Then we form another pivot. So this is how we move. As
pivots start moving higher, the path of least resistance that the chart is
telling you is on the way up. So understanding this concept that when you
know a trend is clearly up and the path of least resistance for prices on the
upside, do not get into the business of short selling the stock because you'll
go through tremendous amount of financial pain and psychological pain
which actually is more damaging than you know financial pain. So that is why I
would urge you to stop the video here and take
a snapshot of this screen because keep this in mind that as a trend trader you
have to abide by the rule of path of least resistance.
Wherever the price is going, go in that direction. Don't sort of Trade
counter trend. So this example is on the downside. See how clearly pivots are
being marked on the downside. Now if you try to buy here, if you try to buy here,
or at these levels or at these levels, you're only going to take losses nothing
else. No matter how much you know value you get at these these prices, by
value I mean there are value investors and traders in the market who do not
mind their stock falling 20%, 30%, 40% because they know the business is strong
and the price would head higher. Well my reasoning is that I don't want to
ridicule any method but our job is to put money to work in stocks and assets
which are performing well. So we want to put money in stocks which are
clearly trending higher which actually are strong financial companies but they need
to show structure of higher high and higher low. So in this particular chart,
the path of least resistance is on the downside. Look how easily prices you know
it moves down over a period of time so which is why we do not need to go and
take a long position in such Stocks because again the path of least
resistance is on the downside. So the first exercise that I want you guys to
do is, whenever you look at the chart any chart after this video, ask yourself this
question, What is the Path of least resistance in this particular asset or
the asset that you are looking at. If the path of least resistance is on the
upside, go ahead and buy that stock. If you don't get a clear answer just
switch that chart over and move to other stock. In case you get the answer that
the path of least resistance is on the downside, you know what don't go and buy
that stock. Always remember one thing, trend is your friend. In my
trading room, I have this sort of pasted on my wall in a huge picture because I
always want to remind myself that I'm a trend trader, a trend investor so I
always follow this rule that trend is my best friend
and I do not want to get into the business of anticipating where the rally
would end and where the bottom would form. So this is the tool I was
talking about. I simply use a 200-day moving average. I've been sharing these
charts over and over again in my market analysis videos because my concept of
trend trading is very simple. What I feel is that even a ten year old or an eight
year old should understand what you're doing. This is how simple your method has
to be. So what I particularly do in my trading is that I like to see where the
price is with respect to 200-day moving average and I also like to see the slope
of 200-day moving average. Now this is something I covered in the relative
strength part also. The part two of Bank Nifty series. So this is what I want that
price has to be above the 200-day moving average to be considered as a
valid buy. In case price is below the 200-day moving average, usually I don't
go and buy that asset. So if you notice this is a 15-year chart of
Bank Nifty. If you notice all the major bear market phases whether it is 2013, 2016
or even 2008, 2011 these sort of phases happen below 200-day moving average.
So whenever price is consistently
below 200-day moving average, there is no point trying to buy the particular asset,
In this case Bank Nifty. Why would you want to take a long trade when the price
is below 200 day moving average. It just does not make sense what you need to do
is you need to trade in the direction of trend when the price is clearly
sustaining above 200-day moving average. Yes you will miss out these 'V' sort of
reversals. These are about 10-15 percent reversals but that is fine you're
getting about 60 70 percent here, again you do not get much of trades here, you
got about 40 percent here, last two years again you've got about 40 percent. So if
in two three years, if you get these 40 - 50 percent kind of trending moves and
this is just Bank Nifty then why do you want to unnecessarily go and buy when
prices below 200-day moving average. So this is something I religiously follow. I
never buy Bank Nifty or any banking stock when I find
the price below 200-day moving average because I always feel that if the price
sustains below the average then you know it can fall to any extent. So these
small whipsaws that you're seeing in and around average, that price goes up
and goes down, to filter this what we do is we are just interested in this slope
of the average. Now if you see today I am recording this on 18 June as Bank
Nifty is sort of struggling to get over 27000 mark as we've been seeing in our
Market Analysis video. Look at the slope, slope is still up. So in early March this
year, price actually moved below the 200-day moving average but I was not
inclined to short sell because the slope was still up. So the slope is sort of
flattening out. It's still not properly flattened out but still again I
am not inclined to short short sell Bank Nifty till I see this pivot point
breaking. So now I come to the topic of time frame selection. So before
this time frame selection, I'll just explain you this structure here because
this is one of the most basic Price structures in market but it actually
also causes a lot of confusion with respect to trend because time frame
selection is not done properly. So what happens is price faces resistance at
some level, it comes down then it breaks out and a trader at this point thinks
that a valid breakout is happening and the trend is changing on the upside. But
you have to understand the importance of time frame here. Now look
at this chart right and look at this chart. So this chart and this chart is
actually same. For the same period now look what is happening here.
This sort of price structure happens here. So in case you are here, you see
that you know price has taken resistance at this level and we've had a breakout here
so it's time to go long then price makes a lower low then here we get a lower
high but again we see some consolidation and again a breakout at this point. Same
thing is happening at this point that price takes a resistance it forms a
small range then breaks out. Again it is happening at this point that price
takes multiple rejections at this line then it finally breaks out. So if
you're taking if you're considering trend here while price is making lower
low at each juncture it is also making higher high at some places, case in point
this, even this point. So while this confusion is happening it leads to
a doubt over trend structure because your time frame is not right. Now this
time frame is I think 30 minutes .Now this time frame is
weekly time frame. So look at the difference
here clearly here you see a structure of lower low and lower high forming right.
There is not one pivot high where closing has happened above the pivot
above the pivot high level. So this pivot high is lower than this, pivot
high is lower than this, while this pivot high is higher than this pivot high
level which actually appears here. In a weekly
time frame chart this just looks as a retracement because
you don't get any proper closing above this pivot level. So come back to
this structure, we are looking for a breakout above the previous pivot high
and a closing above it so this structure plays out more often in shorter
timeframe charts than weekly charts. I hope my point is clear because
don't get into the habit of selecting you know time frame that is too short
that actually distorts the overall trend structure. I'll just repeat for stocks.
Always prefer time frame which is daily or higher. For index, I'll just come
to that slide, yes for index prefer charts that are hourly and above let's say
hourly chart, daily chart you can identify trend on index but for stocks
always prefer daily time frame charts charts or above daily - weekly
quarterly yes, quarterly charts are also useful right. So if you select your time
frame properly this problem won't arise and let me tell you one thing in trend
trading, once you have got the direction of trend right, that is the only thing
you require to actually become profitable. More often than not we are
looking for entry points, exit points, stop losses but we fail to understand
the importance of identifying trend and this trend identification has to
happen on the right time frame. It should not happen on any time frame if you take
a five-minute chart of this you'll find more sub trends within this trend.
So what is the use. So that is why don't have the feeling of fear of
missing out on a rally that is undertaking.
Take your time, move to higher time frame charts, analyze the trend structure
properly and then you can move forward. So let us quickly go to the trend
analysis part of Psu banks. So let's say today we want to invest in PSU or
Private sector banks or let's say we want to trade in either of the two
sectors or which sector would you prefer. If you look at PSU banks right now the
price is below the 200-day moving average and this 200-day moving
average slope is also down. So you know what I am NOT interested in PSU banks no
matter what underlying value these stocks have. I won't trade because
the price is clearly below the 200-day moving average. If you see over the last
five years, if you would have followed this simple concept of 200-day moving
average in price, you would have saved yourself with a lot of pain with respect
to PSU banks because you wouldn't have entered here, you wouldn't have entered
here. And you know what, all this volatility that is happening in PSU
banks currently you won't be participating in it because price is
already below the 200-day moving average. On the flip side look at private
sector banks. Since same period five years, private sector banks have been
consistently above the 200-day moving average barring the time between July
and April 2016. You don't need to participate here because if you follow
the principles of trend trading and identifying trend correctly, you'll
participate in this phase and you will participate in these phases and that's
more than enough. Even if you see now price is comfortably above the 200-day
moving average and the slope of the 200 moving average is on the upside. So
between PSU banks and Private sector banks, Private sector banks are clearly
the favorable ones. If you look at the second part of relative strength
analysis that we did on Bank Nifty last week, we came to a conclusion that
private sector banks are outperforming both Nifty and Bank Nifty. So they
automatically qualify as an investment or a trade. So well even after
trend analysis, what we come to know is that Private sector banks are still
being favored in the market and it's always better to go with winners.
So I'll just show you how this video fits into the overall Bank Nifty
trading series that we are doing. So first step was we need to check whether
Bank Nifty is outperforming Nifty or not and with the prices above 200 day
moving average. In case we get a 'yes' here then we move to the second step that is
which are sectors outperforming; whether it is PSU bank or Private sector banks. Once we
are clear in this step, then we move to the third step that is we conduct trend
analysis of Bank Nifty both in terms of higher high higher low price structure
and 200-day moving average with respect to price and slope of moving average.
Once we get an 'ok' here and then we move to the fourth step that is we conduct a
trend analysis of Psu Bank and Private sector banks. Out of these we select
which sub sector actually qualifies for investment and trading and
then we shortlist Bank Nifty for trade or PSU or Private sector bank stocks.
So which is either you take up a simple Bank Nifty index for a trade if
all these criterias are satisfied or if you want to get into sub sectors and
stocks, then this step helps you because it will tell you which sector is
actually outperforming the Bank Nifty and Nifty and within the sector which sector
that is Psu or Private bank sector is trending on the upside.
So the step six would be the part four of this video series where I'll be
covering up entry, exit and trailing stop and I will be also showing you how to
you know put stop losses correctly. Whenever you are starting a trade and
how to build on it. So this is how this video
actually fits in in our overall framework of trading Bank Nifty. I hope
you have understood till part three. In part four I'll be discussing some
position sizing and risk management techniques which will actually conclude
this four part series. So in case you have any doubt regarding what
I've shown you, just leave a comment below and I will get back to it. And this
has been a fairly long video but for Trend analysis it was required
because I cannot cover up Trend analysis in let's say 10 -15 minute
video it's a vast topic. I also intend to do a whole separate series of
you know Trend trading. I have planned a 10 part series for it so it will take
some time to cover up all the topics in depth, but I will definitely do it. So do
let me know in case you have any doubt I will surely get back to you and thanks a
lot for watching this video. Click on the Subscribe button and Bell
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