Savantji
One mone opinion required for, if i'm in trade example today's MCLEODRUSS future lot
I'm expecting rise of Rs. 3-4 per lot, but in between I see Rs. 2/- profit ler lot, should I book there or wait for my target to be reached?
Thanks for your advice Savant ji.
All these crappy shares were bought by me when I discovered Stock market for the first time (2006-2007) and just because I had made money on MUL at that time assumed that I know stock market inside out and nothing could go wrong for me in a rising market. Add to it that I was flush with cash made it a deadly cocktail.
Later on I realized that all these were classic rookie mistakes.
Thanks for your advice Savant ji.
All these crappy shares were bought by me when I discovered Stock market for the first time (2006-2007) and just because I had made money on MUL at that time assumed that I know stock market inside out and nothing could go wrong for me in a rising market. Add to it that I was flush with cash made it a deadly cocktail.
Later on I realized that all these were classic rookie mistakes.
when you take a trade with certain amount of expectation....what requires you to be alert is incase if you see that a price may not reach your expectation....now this is the part where you need to be nimble.... that is when you are still in profit....you should be able to decide... to book whatever profit you are getting before it moves down below your entry price....
What I have explained above is not easy...requires some amount of pyschological......strength.
Savantji
One mone opinion required for, if i'm in trade example today's MCLEODRUSS future lot
I'm expecting rise of Rs. 3-4 per lot, but in between I see Rs. 2/- profit ler lot, should I book there or wait for my target to be reached?