1 LAKH Profit in Portfolio !!!
- Thread starter nkpanjiyar
- Start date
Re: 1 LAKH Profit in Portfoilo !!!
Quote:
Originally Posted by nkpanjiyar
Friends, next 1 lakh profit is added today in portfolio. I take this opportunity to thank all of my well wishers et all heartily.
Special thanks to Saint, Amit, Karthik, Supratik, Jaideep, sh50, CV, joy_mitali and ofcourse Traderji for all support, help and encouragement.
May all members achieve much more success.
Thanks & Regards,
nkpanjiyar
Dear NK
Congrats.
Pl. enlighten us @ u portfolio
Quote:
Originally Posted by nkpanjiyar
Friends, next 1 lakh profit is added today in portfolio. I take this opportunity to thank all of my well wishers et all heartily.
Special thanks to Saint, Amit, Karthik, Supratik, Jaideep, sh50, CV, joy_mitali and ofcourse Traderji for all support, help and encouragement.
May all members achieve much more success.
Thanks & Regards,
nkpanjiyar
Dear NK
Congrats.
Pl. enlighten us @ u portfolio
Re: 1 LAKH Profit in Portfoilo !!!
NKPanjiyar
First of all , congrats on your feats .. may you make many more lakhs !
I find your strategy interesting... I mean accumulating (maybe even averaging) during corrections (each fall of 5 % etc) ... this makes absolute sense as long as the uptrend resumes after the correction.
Looking at your portfolio, most of the scrips (but not all !) seem to have been in a primary bull trend at least since last 12 mths , so your averaging tactic would surely have boosted (increased) your paper profits
Also, very few of them have had corrections of 18% during the corrections , so you may not have got the triggers to 'book profits' in those cases. Except of course in the May 04 crash... but then you seem to have entered the market after that period ... count yourself lucky!!
So overall -- if I am right --- your corpus (money invested as on date) in the markets would have grown many times over the past 2 yrs (my guess is 3 to 4 times your original investment of a couple of lakhs)
Keep it up ... and let's hope that the uptrend continues indefinitely (at least in the scrips in your portfolio).
AGILENT
By the way you do not believe at all in hedging (e.g. by buying nifty puts) to safeguard against sudden, sustained corrections
nkpanjiyar said:
I can understand the curiosity. If you are not watchful it has drastic effect on your profits. As of now it has fallen to 12% approx . Basically I am having 2 strategy. First, I am keep on adding the stocks which dip by 5%. Secondly, if overall fall is more than 18% I will book all the profits by selling. But I believe, market will give you better returns compare to any other investment strategy if you hold it for long term. Still I am having returns of around 30% overall.
Remember, always have liquid money. Don't put all your earnings into market. Decide your surplus and then trade and invest. Else it won't be market but you will be doing harm to yourself.
Hope this is fine to satisfy your curiosity.
cheers,
nkpanjiyar
. Basically I am having 2 strategy. First, I am keep on adding the stocks which dip by 5%. Secondly, if overall fall is more than 18% I will book all the profits by selling. But I believe, market will give you better returns compare to any other investment strategy if you hold it for long term. Still I am having returns of around 30% overall. Remember, always have liquid money. Don't put all your earnings into market. Decide your surplus and then trade and invest. Else it won't be market but you will be doing harm to yourself.
Hope this is fine to satisfy your curiosity.
cheers,
nkpanjiyar
First of all , congrats on your feats .. may you make many more lakhs !
I find your strategy interesting... I mean accumulating (maybe even averaging) during corrections (each fall of 5 % etc) ... this makes absolute sense as long as the uptrend resumes after the correction.
Looking at your portfolio, most of the scrips (but not all !) seem to have been in a primary bull trend at least since last 12 mths , so your averaging tactic would surely have boosted (increased) your paper profits
Also, very few of them have had corrections of 18% during the corrections , so you may not have got the triggers to 'book profits' in those cases. Except of course in the May 04 crash... but then you seem to have entered the market after that period ... count yourself lucky!!
So overall -- if I am right --- your corpus (money invested as on date) in the markets would have grown many times over the past 2 yrs (my guess is 3 to 4 times your original investment of a couple of lakhs)
Keep it up ... and let's hope that the uptrend continues indefinitely (at least in the scrips in your portfolio).
AGILENT
By the way you do not believe at all in hedging (e.g. by buying nifty puts) to safeguard against sudden, sustained corrections
Re: 1 LAKH Profit in Portfoilo !!!
nkp
Wonder if you read my recent post ... I was trying to understand the risks of your unusual strategy of averaging/accumulating on 5 % dips and exiting on 18 % fall
Hope you give us the benefit of your experience
Just noticed your initial post where u say u enterd in Feb 04 .... Looks like u stayed in IPOs initially and stayed out of secondary market in May 04... am I right ?
Because if you had been in the secondary market then (and particularily if you were unlucky in entering at the minor top of sensex 6000) , your strategy could have been loss making
See attachment : I have done some notional buy/accumulate and sell trades in Sensex based on your 5 % and 18 % triggers ... of course individual scrips in your portfolio may not have exactly moved like sensex, but still ....
Eager to know how you stayed clear of that possible catastrophe .. and also how you plan to protect your portfoio in future against similar falls
Cheers and happy trading
AGILENT
nkpanjiyar said:
I can understand the curiosity. If you are not watchful it has drastic effect on your profits. As of now it has fallen to 12% approx . Basically I am having 2 strategy. First, I am keep on adding the stocks which dip by 5%. Secondly, if overall fall is more than 18% I will book all the profits by selling. But I believe, market will give you better returns compare to any other investment strategy if you hold it for long term. Still I am having returns of around 30% overall.
Remember, always have liquid money. Don't put all your earnings into market. Decide your surplus and then trade and invest. Else it won't be market but you will be doing harm to yourself.
Hope this is fine to satisfy your curiosity.
cheers,
nkpanjiyar
. Basically I am having 2 strategy. First, I am keep on adding the stocks which dip by 5%. Secondly, if overall fall is more than 18% I will book all the profits by selling. But I believe, market will give you better returns compare to any other investment strategy if you hold it for long term. Still I am having returns of around 30% overall. Remember, always have liquid money. Don't put all your earnings into market. Decide your surplus and then trade and invest. Else it won't be market but you will be doing harm to yourself.
Hope this is fine to satisfy your curiosity.
cheers,
nkpanjiyar
nkp
Wonder if you read my recent post ... I was trying to understand the risks of your unusual strategy of averaging/accumulating on 5 % dips and exiting on 18 % fall
Hope you give us the benefit of your experience
Just noticed your initial post where u say u enterd in Feb 04 .... Looks like u stayed in IPOs initially and stayed out of secondary market in May 04... am I right ?
Because if you had been in the secondary market then (and particularily if you were unlucky in entering at the minor top of sensex 6000) , your strategy could have been loss making
See attachment : I have done some notional buy/accumulate and sell trades in Sensex based on your 5 % and 18 % triggers ... of course individual scrips in your portfolio may not have exactly moved like sensex, but still ....
Eager to know how you stayed clear of that possible catastrophe .. and also how you plan to protect your portfoio in future against similar falls
Cheers and happy trading
AGILENT
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