Stocks To Keep A Close Eye On

[lazytrader]

Talking about turning tables on the stock, did I mention I've been holding all my stocks throughout 2008, all the way to the bottom and all the way back.

But I've been averaging them down buying Rs.10k worth everytime. I know it is a bad thing now but I didn't know earlier otherwise I would have made a lot of profit instead of trying to recover my losses.

What I am saying is this - (taking a prices just as example) if he had dumped IFCI when he saw that it was do 50 from his purchased price he would have lost 1lakh. Then he could have purchased it around 25 and would have been sitting on a profit. I am sailing in the same boat that he is but I have learnt now that "stopping losses" is the first step to starting profits

My intention is to make people aware of these things so they can learn it the easy way which I have learnt the hard way. Luckly for me my averaging strategy has left me down only 5-6% now. That doesn't mean avg.ing is good. Instead of avg.ing if I had booked losses then now I would have been sitting on profits.

I haven't read the book 'Not A Penny More Not A Penny Less', will try to get it. Is it regarding investing? However I do know that "A penny saved is a penny earned".

 

[aaplana]

Re: amibroker help needed

hi uma.

i believe you are working with amibroker, right?

uma, believe it or not i have had no success at all with amibroker...feel like banging my head on da wall !!! not able to understand the guide included.

how to get the data to view the chart of a symbol and where to extract it ?

would you pls be kind enough to give me a link for a layman to learn using amibroker or take me through the initial steps.

downloaded getbhavcopies..downloads only text file...so far i only know how to add a symbol but how to view charts of a symbol ???

thanx a ton.

Pl visit http://www.traderji.com/amibroker you will get everything regarding it.

Aaplana

 

[SavantGarde]

LT,

There Is No Point Reflecting About Things That Could Have Been Done In Hindsight.

You Know Something, My Sister Called Me After A Few Days Of Downside In January '08 & Asked Me What She Should Do With Her Holdings.
I Took Down The List Of Her Holdings & Found That It Was About 26.82 lakhs

I Called Her Up The Following Day & Told Her To Sell Everything & Put The Money Away In FD, That Was The End Of Our Conversation, Then Again She Called Me Up In September '08 & Asked Me If She Could Still Sell Her Holdings, Needless To Say That I Was Shocked That She Hadn't Done It Back In January '08 When I Had Told Her.

She Would Have Realized 26.82 Approx. Then From Selling Her Holding, Whcih She Could Have Bought The Same Quantity Of Her Holdings Back For A Little Less Than 9.0

That Is Lateral Thinking My Dear LT, When Everybody Got Busy Begging, Borrowing To Average.

I Get So Exasperated, Why Investors Get Attached & Fall In Love With Their Shares, Shares Don't Think Before Going Down That He/She Loves Me So Much, Therefore Why This Unreciprocated Love Affair & Attachment With Shares.

Happy & Safer Investing

SavantGarde

Talking about turning tables on the stock, did I mention I've been holding all my stocks throughout 2008, all the way to the bottom and all the way back.

But I've been averaging them down buying Rs.10k worth everytime. I know it is a bad thing now but I didn't know earlier otherwise I would have made a lot of profit instead of trying to recover my losses.

What I am saying is this - (taking a prices just as example) if he had dumped IFCI when he saw that it was do 50 from his purchased price he would have lost 1lakh. Then he could have purchased it around 25 and would have been sitting on a profit. I am sailing in the same boat that he is but I have learnt now that "stopping losses" is the first step to starting profits

My intention is to make people aware of these things so they can learn it the easy way which I have learnt the hard way. Luckly for me my averaging strategy has left me down only 5-6% now. That doesn't mean avg.ing is good. Instead of avg.ing if I had booked losses then now I would have been sitting on profits.

I haven't read the book 'Not A Penny More Not A Penny Less', will try to get it. Is it regarding investing? However I do know that "A penny saved is a penny earned".

 

[SavantGarde]

Jace,

Never Said It Was Going To Be Cakewalk.....Amount Of Effort You Put In Is Directly Proportional To What You Pick-Up

Hmmmmm......I Am A Sadist......Right...

Think About The Bright Side It Is Only 300 Pages Compared To A 3 Year Degree Course

Happy & Safer Investing

SavantGarde

Thanks it's going to be tough to look at 300+ pages

 

[jace48]

Jace,

Never Said It Was Going To Be Cakewalk.....Amount Of Effort You Put In Is Directly Proportional To What You Pick-Up

Think About The Bright Side It Is Only 300 Pages Compared To A 3 Year Degree Course

A three year degree course comes in 3 years and this 300 pages has to be completed in this week

 

[SavantGarde]

Jace,

I Don't Understand Why It Needs To Be Completed By This Week, Who Is Holding The Gun To Your Head....My Friend

Happy & Safer Investing

SavantGarde

A three year degree course comes in 3 years and this 300 pages has to be completed in this week

 

[jace48]

Jace,

I Don't Understand Why It Needs To Be Completed By This Week, Who Is Holding The Gun To Your Head....My Friend

My nature, unless I completely understand what's going on, it will be @ back of my mind leading to sleepless night sometimes.

 

[newtomarket123]

Thank you Savant sir.

Yes my appetite is not that much but if you say that it would go up in 6months to a years time then I will wait.

Regards,
Rafiq

 

[SavantGarde]

Mere Bhai Rafiq,

If You Are Fully Invested, Then I Suggest Take Your Family & Go For Holiday For 6 Months.....

Don't Watch The Markets....At All If It Is Going To Give You Ulcers With -200 Points.

Happy & Safer Investing

SavantGarde

Thank you Savant sir.

Yes my appetite is not that much but if you say that it would go up in 6months to a years time then I will wait.

Regards,
Rafiq

 

[newtomarket123]

Thank you sir............