On The Edge
-
Upload
prakash-tanksale -
Category
Education
-
view
2.003 -
download
1
description
Transcript of On The Edge
![Page 1: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/1.jpg)
On the edge
![Page 2: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/2.jpg)
The seamless time never has an edge. Situations have it for one who is able to see it.Human minds do have an ability to have an edge.
![Page 3: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/3.jpg)
We know how to deal with some situations some times, but never all situations all the time.Eventually what matters is when we do not have edge over the situation…
![Page 4: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/4.jpg)
Transformative thinking ways alone can take us beyond...Share some thoughts connected to this on the background of market melt down in USA & elsewhere.You will realize it applies to all human encounters – within and outside.
![Page 5: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/5.jpg)
…there's no easy
way to know
what's politically
correct.No simple
way out of this situation…
![Page 6: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/6.jpg)
Nearly 50% decision makers still have the doubts..Unwilling to believe what the leaders say..about the urgency.
…what the split bailout vote really says...?
![Page 7: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/7.jpg)
Proposal for capital market “bailout” , the economy “bailout” and life of average taxpayer not linkedSo many questions still not answered.
Conscious citizens request their representatives
–”Don't do anything that even hints of a bailout for
Wall Street executives.”
![Page 8: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/8.jpg)
.. if learned congressmen have the doubts, how the
common man must be looking at it?
Some people with bags of money are waiting for distress sellout of mortgages by lenders.Not surprising at all in a free economy.
![Page 9: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/9.jpg)
The biggest irony of the situation is that "Every American who has played it safe and smart to avoid debt is being asked to spend the rest of his or her life paying off the debts of Washington and Wall Street”
![Page 10: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/10.jpg)
Mr. Market desperate for bail out,
reacts with lost 777 index points, says
more than the numbers-
“We very badly want this bail out”
Can “free market” sustain in such times?
![Page 11: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/11.jpg)
Mr. Market devalued worth of floating securities by US $ 1.2 trillion…without any meaningful economic activity – just sentiments of not having the money that is badly needed to keep the bubble inflated.… and it recovered 400+ points without bailout coming… what it means? Lost some and regained on third day..
The real problem is funding for the basic economic activities.. The lenders & Banks who help businesses and household financially active in the market , but have lost the money. Unless they recover they just cannot think of capital markets for more equity.
![Page 12: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/12.jpg)
Has any of the market men come out in open – clean before the people and promised to do something to boost the confidence?
"Everyone knows something has to be done, but they don't
want to take the hit if everything blows up"
![Page 13: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/13.jpg)
As it is, the indexes showed higher Price Earning ratios. Too much money was chasing too few securities through derivative route.
Now the losses are reflecting through lower index. A market correction?
It is no secret that the S&P 500, measured by historical norms of price to earnings ratios, isstill overpriced even after the carnage of the two year bear market.
![Page 14: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/14.jpg)
Real cause seems to be lesser consumer spending & investing in near future. And why they will spend less ? they find their present and future income and credits insufficient to live the way they lived so far. They are unable to discount the uncertainty.
So what’s the solution?
![Page 15: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/15.jpg)
"This is something all of us will
swallow hard and go forward with.“..unless corrected in right manner.
But in the first place why it happens at all?
“In an upturn, employees scheme to obtain extra resources and the biggest possible bonus. In a downturn, they desperately try to defend their empires and avoid the sack - for themselves or for valuable colleagues in their teams.”
![Page 16: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/16.jpg)
“The markets
are not a logical
or fair playing
ground.”
![Page 17: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/17.jpg)
despite being familiar with winning strategies, systems, and money management techniques, trading success
depends on trader’s psychological state of mind.
![Page 18: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/18.jpg)
..fact that consumers are not getting loans to buy their cars is affecting the share prices.
Treasuries in US rose on speculation the $700 billion financial rescue
plan may not avert a recession. US bonds extended gains before jobs
data for September. The unemployment rate is at five-year high of 6.1
percent and is expected to rise to 7 percent late in 2009.
The concern over US bailout plan is now shifting to the greater one of recession.
![Page 19: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/19.jpg)
How to deal with the down times without digging deeper into the hole?
If one is in a hole, how
to work for the way out?
![Page 20: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/20.jpg)
..and how?A prognostic scenario..
360 degree clarity out of confusion…Sense of direction…Multidirectional force deployment..Ability to imagine, handle and see through the situation..
Clarity & sense of direction is the need of the time for lasting solution. A good thought model is desperately needed. It MUST evolve from the diagnosis & prognosis – with focus on causes & cause of causes.
![Page 21: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/21.jpg)
Is it possible for human mind?
Given good intentions, why not?
Every individual has, his or her, own causes, adding to the circumstantial causes.
![Page 22: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/22.jpg)
..how one looks at a transaction -logically or psychologically? should every trade stand on its own merits? Theoretically, yes, but in real life it doesn't always work that way. ..one is likely to manage a transaction differently depending on whether the previous trade was a winner or a loser...or some other compelling variable or risk or profit perception..
![Page 23: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/23.jpg)
..as the stress builds up, the immune system runs down, leaving the individual prone to physical, as well as mental illness. Regular bouts of sickness can be a clear indicator of the impact of stress.
![Page 24: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/24.jpg)
The mental illnesses range from anxiety to depression, which seem to stop individuals continuing in an intolerable situation. It immobilizes them and compels a reassessment of goals. After the adjustment they are mentally much stronger than before………….
![Page 25: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/25.jpg)
….while confused
perceptions change at much faster speed than the
realities...in crises an abrupt transition from being a free agent to being answerable to others is profoundly shocking.
![Page 26: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/26.jpg)
Traders should be able to make quick decisions and have quick reflexes. Their action plan is mostly predetermined, yet they must be ready to abort their mission at any stage….
![Page 27: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/27.jpg)
..changing perceptions create
superfluous realities to swing the sentiments.
![Page 28: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/28.jpg)
….especially sentiments of
those, who do not possess the insight about how values are created or they get lost.
![Page 29: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/29.jpg)
…endlessly evolving complex forces and circumstance demand one to prove one’s worth and achieve what one wishes.
![Page 30: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/30.jpg)
..in such dynamic situation this perceptions fuel the situation with
adrenaline leading to intense stress in one’s mind
![Page 31: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/31.jpg)
..then situation graduates
near to the emotional explosion, which can be triggered by possibly any thing.
![Page 32: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/32.jpg)
In such dynamics situations
no single thought, idea or action is seems effective.
![Page 33: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/33.jpg)
the inner feedback is
either absent, subtle or unclear; one does not understand exactly what is necessary to be effective.
![Page 34: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/34.jpg)
..the time - every moment of
it - is of great essence. The dynamics allows
absolutely no liberty to deliberate over the situation.
![Page 35: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/35.jpg)
…however, between the event and one's response there is
always a inconceivably thin time space where lies freedom and power to choose and form a response.
![Page 36: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/36.jpg)
..in this thin space one meets inner challenge
forcing to evaluate one's self and
deservedness.
![Page 37: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/37.jpg)
..the
positive feedback inspires to go beyond the superficialities and inadequacy of conscious strengths.
![Page 38: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/38.jpg)
..entering the heart of the storm and uncertainties,
powered with
subconscious, one confronts the deepest fears so that the knowledge of true self is revealed. The subconscious is much bigger storehouse of memories and thinking speed compared to the short term memory and thinking speed of conscious mind.
![Page 39: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/39.jpg)
..this may not deliver a
perfect solution instantly, but always there is a realization that there are
ways beyond the known as thought possible so far. This directs a search for new choices.
![Page 40: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/40.jpg)
.. one then embraces the true, expanded self and destroys the old ways creatively.
![Page 41: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/41.jpg)
….proactive process gets generated by the use of
new gift : self-awareness, conscience, imagination - a
cohesive total way.
![Page 42: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/42.jpg)
This is expanded Self-awareness which is crucial factor that allows one
to transcend the known and one’s knowledge in totality. This totality naturally mobilizes one’s full force for acting on such decisions.
![Page 43: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/43.jpg)
This is a rediscovery of the self - that propels one to venture beyond the convictions and to choose a response that is based on
totality of vision focused on intentions/dreams. The uncertainties are reduced & knowledge based probabilities stand improved .
![Page 44: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/44.jpg)
In this state of mind one leaves no adversity untouched, no fear unattended, no worry about rejection or isolation.
![Page 45: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/45.jpg)
With such rediscovery, one
gets into a emotional, rational & spiritual harmony which intensely carries one beyond analytical rationality & control by the
worn-out values - a sheer ecstasy…
![Page 46: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/46.jpg)
..a trance - a flow that will break the boulders on the way. This is the unknown
force - one's connectedness to his or her higher self.
![Page 47: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/47.jpg)
..a person creates problems, problems can
create a person or they can break one as well… it is a
matter of choice and not a chance.
Forget the bailout and add any other situation here and think this way..
![Page 48: On The Edge](https://reader034.fdocuments.in/reader034/viewer/2022051609/547c3217b37959652b8b4f5b/html5/thumbnails/48.jpg)
Following URLs are worth referring for more insighthttp://www.slideshare.net/anny_b/a-prayer-presentationhttp://www.traderslog.com/Mental-Aspect-of-Trading.htm
http://www.forbes.com/health/2008/09/24/neuroscience-psycology-money-forbeslife-health-cx_mh_0924brain.html
The last key to achieving mastery over the forces is believing that one can actually do it. Everyone is capable of being a successful and having an edge if they truly believe they can be – this way.