This is a crucial advantage traders enjoy over investors -- the ability to make money whether the market is moving up or down. This fact should not, however, lead you to believe that trading is easy; it requires both a skill-set and rigorous discipline.
What should you do in case of a chemial attack, a tear gas attack or a terrorist attack? How should you protect yourself and your family in case of a natural calamity: be it floods, earthquake or a tsunami? What precautionary steps you should take if there is -- God forbid -- a war between Indian and Pakistan tomorrow?
'The worst mistake India can make is not to take Musharraf seriously. That was the mistake India made in the eighties when our scientists kept telling our leaders that Pakistan's nuclear programme was ten years behind us.'
A nation neglects its soldiers at its peril. Instead of structural tinkering through pay commissions, it makes sense to have a separate pay commission for the defence forces.
But rather than Kodiak bears, elk or wolves, Governor Palin got her crosshairs set on one man: US Senator and Democratic presidential hopeful Barack Obama.
The moral: If you do not know the rules of the game, Dalal Street can be an expensive place to learn them.
It would be rather surprising if the CIA was not taking more than just a passing interest in Tibet. That is after all what it is paid to do.
British food producers increased prices by 7.4 per cent last year -- the biggest annual increase since the country's National Statistics office began tracking them 15 years ago -- due to big jumps in the cost of producing bread, butter, eggs, milk and meat. In Russia, prices went up so sharply -- milk rose by some 30 per cent and bread went up 22 per cent - that the government froze prices towards the end of the year.
Dramatic changes at workplaces are necessitating new skills that existing schools and other institutes don't provide. Here are some must-have future skills.
Many people take to trading in the mistaken belief that it is the simplest way of making money. Far from it, I believe it is the easiest way of losing money. There is an old Wall Street adage, that "the easiest way of making a small fortune in the markets is having a large fortune". This game is by no means for the faint hearted. And, this battle is not won or lost during trading hours but before the markets open but through a disciplined approach to trading.
Kamran Akmal scored a magnificent 119, while Misbah-ul Haq was unbeaten on 108 as Pakistan posted 358 for 6 in 104 overs at close on Day 3 of the second Test. They still need another 59 runs to avoid the follow-on.
'Bangalore is a second wake-up call about Wahabisation of some Muslim youth -- educated types. First was in Mumbai a year ago.'
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