Bharti & HLL ....is best pick !!!

[innocent_trader]

innocent_trader,
Many a times every trader goes through this phase,atleast it happens with me
periodically.Dont leave the Mkt ,reduce your Qts drastically,i leave Futures Mkt in this phase & start with 10 shares in Cash mkt (frankly ,believe me) & write down each trade.
The 1st question i ask "why i initiated this trade" ,what went wrong ? This is a
proffession by our choice,not compulsion.Never leave the mkt,until you decide
to switch proffession.One learns the mistakes only when actual money is lost,no amount of paper trading can improve your on job learning,never believe Experts,here them only.Plz remember only Castigated animals become
consultants ,to improve reproduction ,after being castigated .
Cheers
Asish

hi ashish,
thanks for your kind words and also for encouraging me , im not leaving the market now, just going to be more cautious and defensive in trading from today, still its a place where millions of people have made billions from. even when i lost in many trades, it wasn't market's fault but it was mainly because of my ignorance of not being able to understand market sentiments, as greed, fear and lack of trading skills made things worse. as im learning the basics of day trading i think its the best time to do so when the market is going through a bad phase, cause its easier(i suppose)to make money by trading in favourable circumstances. i have learned quite a lot and i will try my best not to let my greed, fear or ego stop me from becoming a good trader.

regards

 

[surfingminds]

I think traders should be happy when market is on low. its great buying opportunity.
I was fortunate enough to pick some good stock but unfortunate that I couldn't enter or exit at right time.. Hope in future I can learn to time the waves properly..

Happy trading guys.

 

[innocent_trader]

I think traders should be happy when market is on low. its great buying opportunity.
I was fortunate enough to pick some good stock but unfortunate that I couldn't enter or exit at right time.. Hope in future I can learn to time the waves properly..

Happy trading guys.

hi surfingminds,
i also used to think the same way before entering the market that one should buy when market is down and sell when it's in a good uptrend, but buying good stocks at low prices when market is down and then selling them after sometime(usually months) is investing and not trading, cause traders are brave restless souls who want to make profit almost everyday, even when the market is down they try to jump in the ocean and catch a few fish for their daily meal, ignoring the tigersharks wandering around

 

[surfingminds]

well said.. innocent_trader you sound like investor though.. I m out of my quata of money for this year and just watching my holding going down.. Hope to get good value in long term..
Will think of trading if get more bucks to put at risk..

 

[innocent_trader]

well said.. innocent_trader you sound like investor though.. I m out of my quata of money for this year and just watching my holding going down.. Hope to get good value in long term..
Will think of trading if get more bucks to put at risk..

hi surfingminds,
i would say its good if you start by investing in a good stock now, but plz stay away from a few sectors ie. cement, real estate, it, sugar, cause investing in such stocks now could be dangerous as these sectors are getting a real bad beating from the govt nowadays. can't be sure about their future now.

regards

 

[innocent_trader]

well said.. innocent_trader you sound like investor though..

well, not really, im not into investing as im also a brave restless soul who can't watch the money resting at one place for too long

 

[uasish]

Hi,
Sail ,IPCL,HLL & Divi's Lab above 10 % ,so now Sarfarazd the gap area in HLL
chart is upto 186.00 ,above that closing (with 186.00 SL) would be a more safe area for you.As HLL is in comfortable position if you get near 175 to 173
in any retracement ,there also you can avg.Nice interacting with you,i will not be regularly monitering this counter,as it is out of the woods.
Cheers
Asish

 

[Sarfarazd]

Sorry guys ....I was in biz trip to mumbai, good to see everyone back.
I have picked dabur 100 @ 91 .

Regards
sarfaraz

 

[innocent_trader]

Sorry guys ....I was in biz trip to mumbai, good to see everyone back.
I have picked dabur 100 @ 91 .

Regards
sarfaraz

hi Sarfarazd,
nice to see you back

 

[sudesh]

Re: SIT IN 90% CASH AND ENJOY ICC WORLD CUP

On Any Rally During This Week Its Wise To Selloff And Sit In
Cash Atleast 80-90%. Enjoy The World Cup