Day Trading Stocks & Futures

ncube

Well-Known Member
Many members are sending me pms and asking whether they should invest in stocks at the current prices. Though I am bullish on the markets (for next few years) and some wealth compounder stocks, I dont chase the prices. One should keep the list of good shares they want to buy ready and when the market corrects, then they should buy......and buy only if you are convinced about the future of these companies and future of the Indian economy......be mechanical when the price comes to your target level, pull the trigger and buy ,without thinking who is saying what....my strategy is buy sheep (cheap) and sell Deer.

Same holds for selling......few people wait for the stock to go to the Moon......it is fine if they have the conviction for holding it for next 5-6 years...but small retracement and they start giving up their faith on the stock .Otherwise it is best to book profits periodically when you feel that the market is looking stretched and buy again in correction.This way you make some money in trading too...

Smart_trade
The real edge for retail investors/traders is the flexibility to enter and exit the market when he wants. Hence one should make full use of this edge and it should be part of the strategy/system. Booking profits at regular interval will give the additional confidence to follow the strategy with discipline and helps boost the overall returns by smoothing out the equity curve. Never get emotionally attached to stocks, hence the proverb buy when others are fearful and sell when others are greedy.
 

checkmate7

Well-Known Member
Mujhe lag raha hai , operator kal ka low laane ke mood mein hain
Bhai fir mazze na le lein FII booster ka :DD ...Kal fir ek aur booster day hai Friday
 

Riskyman

Well-Known Member
You admit you were / are wrong. Thats the culprit. Hence you felt i am rubbing/poking fun and so on.......Now looks like you should change your signature because you are not sure about it nifty 6800.
Lemondew bhai, I would think most people in my place would have already changed the signature to hide from the shame of being wrong:p Now dont call me shameless pls :D

When you find spare time.. please be generous enough to teach me how to be RIGHT all the time.
I will appreciate it greatly!
 

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