hi kumaresn.
check this.
http://www.traderji.com/trading-psychology/7754-stoploss-my-boss.html#post54982
check this.
http://www.traderji.com/trading-psychology/7754-stoploss-my-boss.html#post54982
Stocks To Keep A Close Eye On
- Thread starter SavantGarde
- Start date
- Tags afl amibroker
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Re: Stocks To Keep A Close Eye On - Chapter II
Brother Prasad, But each in small qty. Invested 3 to 5 thousand for each. But iam facing problem in monitoring. Hence, I put all the stks in Portfolio of rediff.com which provides me with updated profit/loss position & latest prices all the time. Plz sugggest me is it wise to hold so big portfolio or i shall put my money only in a few stks which r trending up. Iam in confusion. Will it be wise further 2 buy stks as per new triggers which will make my portfolio more bigger. I expect a suggested reply from Mr SG & all my friends.Thanks..SM
Brother Prasad, But each in small qty. Invested 3 to 5 thousand for each. But iam facing problem in monitoring. Hence, I put all the stks in Portfolio of rediff.com which provides me with updated profit/loss position & latest prices all the time. Plz sugggest me is it wise to hold so big portfolio or i shall put my money only in a few stks which r trending up. Iam in confusion. Will it be wise further 2 buy stks as per new triggers which will make my portfolio more bigger. I expect a suggested reply from Mr SG & all my friends.Thanks..SM
Re: Stocks To Keep A Close Eye On - Chapter II
Sibu Da,
ABGSHIP is in down trend. It gave Buy Signal on 26-08-09 when it closed @ 203.15 and it should have been bought on 27-08-09. I don't know why you bought on 15-09-09 at that price. The current SL is 230 and has closed still above the SL. It may go up but if it goes below 230 then it is a Sell. Therefore, if you want to add more, wait for it to break the SL and when it reverses after that break down, you can go in for more purchase. Right now it is not worth purchasing more.
-Anant
Sibu Da,
ABGSHIP is in down trend. It gave Buy Signal on 26-08-09 when it closed @ 203.15 and it should have been bought on 27-08-09. I don't know why you bought on 15-09-09 at that price. The current SL is 230 and has closed still above the SL. It may go up but if it goes below 230 then it is a Sell. Therefore, if you want to add more, wait for it to break the SL and when it reverses after that break down, you can go in for more purchase. Right now it is not worth purchasing more.
-Anant
Re: Stocks To Keep A Close Eye On - Chapter II
Hi Anant,
I Have A Feeling SM Hasn't Been Following BUY Triggers When Generated....& Has Been Buying Indiscrimantely & Perhaps Has Not Been Following Position Sizing Either.....Hope He Can Throw Some Light On His Adventure
Happy & Safer Investing
SavantGarde
Hi Anant,
I Have A Feeling SM Hasn't Been Following BUY Triggers When Generated....& Has Been Buying Indiscrimantely & Perhaps Has Not Been Following Position Sizing Either.....Hope He Can Throw Some Light On His Adventure
Happy & Safer Investing
SavantGarde
Re: Stocks To Keep A Close Eye On - Chapter II
SM sir,
What I have learned is that
Ideal portfolio size is 10-15 stocks.
Risk per stock = 1% to 1.5% of total capital
and over all portfolio risk = 5 to 8%
are the prudent limits.
so, in your case assuming your total capital is approx. 2 lakhs, your exposure in ABG should have been
entry @ 262 and stoplos @ 213 => risk is 49 Rs.
assuming a risk % @ 1.5 % your total risk in this stock should be 2 lakh 1.5%
= 3,000/-
so, no of shares you should have bought is 3000/49 = 60 shares, that is total investment of RS. 262 X 60 = 15600/-
If you calculate this way, the No. of scrips in your portfolio, would come down to 10-12 scrips.
Savant sir can guide you better in pruning your portfolio.
BTW, how come you have entered in to that stock on 15th sept. when the original trigger was given long back?
SM sir,
What I have learned is that
Ideal portfolio size is 10-15 stocks.
Risk per stock = 1% to 1.5% of total capital
and over all portfolio risk = 5 to 8%
are the prudent limits.
so, in your case assuming your total capital is approx. 2 lakhs, your exposure in ABG should have been
entry @ 262 and stoplos @ 213 => risk is 49 Rs.
assuming a risk % @ 1.5 % your total risk in this stock should be 2 lakh 1.5%
= 3,000/-
so, no of shares you should have bought is 3000/49 = 60 shares, that is total investment of RS. 262 X 60 = 15600/-
If you calculate this way, the No. of scrips in your portfolio, would come down to 10-12 scrips.
Savant sir can guide you better in pruning your portfolio.
BTW, how come you have entered in to that stock on 15th sept. when the original trigger was given long back?
Re: Stocks To Keep A Close Eye On - Chapter II
Sibu Da,
I have clearly mentined not to trade these scrips in watch list. Keep in watch list means just observe how the price is going to move in coming days. These are posted here just to kep a track of these scrips. I am studying a system and I wanted these to be kept separately from my other triggers. There are no rules yet formulated for Target & Stop Loss.
Posting them here will help me in getting feed back from seniors like SG who can spot the trends and I can compare their triggers with my results.
As you have already purchased the scrips, just keep them for some more time and watch. You may be benefited, but not guaranteed. Hurriedly exiting also may prove harmful if they really go up. So, at present, just hold them for now and watch.
I REQUEST YOU NOT TO JUST JUMP AND BUY. READ THE INSTRUCTIONS CAREFULLY, DO YOUR POSITON SIZING BASED ON MONEY MANAGEMENT AND ENTER
Regards
-Anant
Sibu Da,
I have clearly mentined not to trade these scrips in watch list. Keep in watch list means just observe how the price is going to move in coming days. These are posted here just to kep a track of these scrips. I am studying a system and I wanted these to be kept separately from my other triggers. There are no rules yet formulated for Target & Stop Loss.
Posting them here will help me in getting feed back from seniors like SG who can spot the trends and I can compare their triggers with my results.
As you have already purchased the scrips, just keep them for some more time and watch. You may be benefited, but not guaranteed. Hurriedly exiting also may prove harmful if they really go up. So, at present, just hold them for now and watch.
I REQUEST YOU NOT TO JUST JUMP AND BUY. READ THE INSTRUCTIONS CAREFULLY, DO YOUR POSITON SIZING BASED ON MONEY MANAGEMENT AND ENTER
Regards
-Anant
SM sir,
another way to look at it is,
assuming your investment allotted to each scrip is 5,000/-
your total risk per scrip is 1.5% x 5000 = 75 Rs.
so, you should have invested in one share or maximum 2 shares of ABG ship which entails a total investment of 260- 520 Rs. only and not 3,000/- to 5,000/-
so, I once again suggest you to have a relook at your portfolio and take the suggestions of SG.
cheers.
another way to look at it is,
assuming your investment allotted to each scrip is 5,000/-
your total risk per scrip is 1.5% x 5000 = 75 Rs.
so, you should have invested in one share or maximum 2 shares of ABG ship which entails a total investment of 260- 520 Rs. only and not 3,000/- to 5,000/-
so, I once again suggest you to have a relook at your portfolio and take the suggestions of SG.
cheers.
- Status
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