General Trading Chat

[XRAY27]

This is true in any field. Though we know that there are many failures in every field we always try to see what the winners in that field do.....then only we will model ourselves on those winners. I know a few families ( 2 in my own family ) who have a multi crore wealth not on the basis of real estate investments or Gold but they have stocks and mutual funds as a vehicle to their wealth.

Smart_trade

Yes da !!!

I'm not denying about this wealth creation.. i have also done this ... Impal still moved more then 12 times my whole family own this 1:1 bonus candidate (this one was selected by my uncle)..,TVS motors.escorts,Bharti airtel are my picks..failures Dr reddy,atul,ashok leyland..


Just tell me ..how many can read financial statements and calculate the discounted earning for any given stocks.....answer is very tiny people ...but seen many people talk about so called investment..not telling about big funds,but average individual ..

i have not seen any fund talks about ,sick companies and failure stories,they are also part of investment story...

i also know trader who made big fortune in options(stock and nifty) started with just 2 lakhs and now reached 48 lakhs in matter of 2 years..

Bottomline : if story is whole,then it makes sense, rather then only hero boosting.

 

[Smart_trade]

Even in swing trades it so happens that we take 2-3 trades and end up with scratch trades or 20-30 points loss in that trade...but when we get a good trade we make 100-150 or 200 points from that trade....

So stoploss hitting should never bother a good trader as he knows that from one good trade he will make more than what he lost in 2 bad trades.But if the stops are hit too many times and winnings are small ,then we have to have a serious look at the method we are trading.

Smart_trade

 

[Smart_trade]

Yes da !!!

I'm not denying about this wealth creation.. i have also done this ... Impal still moved more then 12 times my whole family own this 1:1 bonus candidate (this one was selected by my uncle)..,TVS motors.escorts,Bharti airtel are my picks..failures Dr reddy,atul,ashok leyland..


Just tell me ..how many can read financial statements and calculate the discounted earning for any given stocks.....answer is very tiny people ...but seen many people talk about so called investment..not telling about big funds,but average individual ..

i have not seen any fund talks about ,sick companies and failure stories,they are also part of investment story...

i also know trader who made big fortune in options(stock and nifty) started with just 2 lakhs and now reached 48 lakhs in matter of 2 years..

Bottomline : if story is whole,then it makes sense, rather then only hero boosting.

You seem to be biased against investing so no point arguing.....I let you win the argument.

Smart_trade

 

[newuser_RK]

You seem to be biased against investing so no point arguing.....I let you win the argument.

Smart_trade

I will agree that many stocks have created but on question is fundamental, PHYSIOLOGY. How many of us can resist the temptations of profit booking. Its very tough to hold winners for such a long time period.

 

[XRAY27]

You seem to be biased against investing so no point arguing.....I let you win the argument.

Smart_trade

Ok da !!! no more counter questions..anymore..stopping this discussion from myside...nor i'm biased against investment...anyways happy investing..

 

[lemondew]

st da to you and other non ca investors (who done well),

How many here dont know how to read balance sheet and still done exceptionally well in stocks.

Even in swing trades it so happens that we take 2-3 trades and end up with scratch trades or 20-30 points loss in that trade...but when we get a good trade we make 100-150 or 200 points from that trade....

So stoploss hitting should never bother a good trader as he knows that from one good trade he will make more than what he lost in 2 bad trades.But if the stops are hit too many times and winnings are small ,then we have to have a serious look at the method we are trading.

Smart_trade

 

[praveen taneja]

Who is with me for a close above 7900 tomm
jai ram ji ki

 

[Smart_trade]

Who is with me for a close above 7900 tomm
jai ram ji ki

7900 is no great deal....we have to see if it closes above 8000-8025 in next few days.That is the real level to watch.

Smart_trade

 

[TradeJoker]

@xray bhai,economic times featured top 10 investors few years back,they are all long term investors, traders also create wealth but not that much or very low compared with long term investors,

 

[Strategist]

:clapping::clapping:...yes !!! no body ever quotes these when telling the investment stories...:lol::lol:

Because they have their own agenda.