Stocks To Keep A Close Eye On

[SavantGarde]

Hi Chennai,

Not All Stocks Will Outperform The Market....

It Is Not Prudent To Hold Continuously Either, As A Long Term Holder You Will Have Couple Of Chances Every Year To Book Profit & Re-Enter At Lower Levels, Which Will Give You A Chance To Increase The Quantity As Well.

Let Me Explain....

My Sister Who Called Me Up In January 2008 After Witnessing A Few Days Of Market Tanking....Asking Me What To Do...I Took The List Of Her Holdings, Which Was Valued Approximately On That Days Closing Around 26-27 Lacs
I Called Her Up Next Day & Told Her To Sell Everything & Put The Proceeds In A FD....Reason For Telling Her To Put It In FD Was That It Was Going To Be Quite Sometime Before I Asked Her To BUY The Stocks Back....Now When Her Holdings Was Worth About 9-10 Lacs That Is When I Was To Ask Her To Start Buying Back, Ofcourse Thereafter It Had Come Down To A Little Over 7 Lacs....Think About It You Get 27-28 Lacs & Are Able To Buy The Same Quantity For About 9 Lacs...

Not That You Will See That Kind Of Gain In Selling & Buying Back Lower....But It Is Always Advisable To SELL & BUY Back When The Time Is Right.

By The Way I Called Her Up Again In Oct-Nov To Ask Her To Start Buying, Only To Discover She Never Sold When I Had Told Her....

Happy & Safer Investing

SavantGarde

savant sir,

would that mean that the value of our stocks double or triple from the present rate...however i have learnt that the valuation of stock prices is not directly proportional to sensex.

sir, what would happen if i were to just accumulate stocks for the next two year and not sell them at all given that the sensex is going to rise to that level.will it be a win-win situation.

could u throw some light on this

 

[Rkji]

well savant sir,

your sis is a brave woman to start with. Investing in equities worth 27 lacs definately needs a lot of courage. i wonder whether she had put all money at one go or slowly started & accumulated this kind of holding ...


it felt sad to know that she could have made a lot of money by following your advice, but i would praise her for her risk taking capacity. many people in this forum are so much freaked out when the time's wrong & her holding on to equity was brave enough.. though may not have been wise, especially when you told her so.

well, everybody learns from mistakes they committ...just show her this forum sometime & she would know that you are literally worshipped here


salutes
rishi xx

 

[chennai1973]

savant sir,
your sister is so lucky to have a brother like u.May u live a 100+ years so tat even my kiddos get ur advice while investing!

thinking back i think i should have booked profits when my stocks were in the green...i was about to sir...but its the greed i thought i may profit by another 20,000 rs.

yeah i got it! i have understood the game.Just have to wait for the bull run friends!
jai ho

 

[SavantGarde]

Hi Rishi,

Most Of Her Equities Were From IPOs & In Those Days There Was Nothing Like Premium, It Was Allotted At Face Value Of Rs.10/- Except TCS & NTPC Which I Had Told Her To Apply For.

Happy & Safer Investing

SavantGarde

well savant sir,

your sis is a brave woman to start with. Investing in equities worth 27 lacs definately needs a lot of courage. i wonder whether she had put all money at one go or slowly started & accumulated this kind of holding ...


it felt sad to know that she could have made a lot of money by following your advice, but i would praise her for her risk taking capacity. many people in this forum are so much freaked out when the time's wrong & her holding on to equity was brave enough.. though may not have been wise, especially when you told her so.

well, everybody learns from mistakes they committ...just show her this forum sometime & she would know that you are literally worshipped here


salutes
rishi xx

 

[chennai1973]

well savant sir,

your sis is a brave woman to start with. Investing in equities worth 27 lacs definately needs a lot of courage. i wonder whether she had put all money at one go or slowly started & accumulated this kind of holding ...


it felt sad to know that she could have made a lot of money by following your advice, but i would praise her for her risk taking capacity. many people in this forum are so much freaked out when the time's wrong & her holding on to equity was brave enough.. though may not have been wise, especially when you told her so.

well, everybody learns from mistakes they committ...just show her this forum sometime & she would know that you are literally worshipped here


salutes
rishi xx

well rishi ...i totally agree with u about we indians appetitie for risk taking capacity in equitys. The percentage of indians (given tat our population is 1 billion plus) investing in equity is less than 20% (canu believe that) i talk abt stocks to my father/fil and they give me a scary look as though i am commiting a crime! Also the majority of chennaities always prefer the conservative style of investments so i have hardly anybody in my family who does it !

i am happy that sir's sister has atleast taken the initiative to be different by investing tat good amount ...to me she is a role model!:thumb:

 

[mail2pjoshi]

Savantji, thanks a lot for the post about a strategy to bring my average price to levels below the CMP, and Lancer thanks to you to for demonstrating that you have been doing that...

Would definitely do it, but unfortunately have no liquid capital anymore, only way I can do this is by going short .... but that definitely is not such a bad idea , seeing the present market situation..

In fact being range-bound is perhaps an ideal situation .. Am I right Savantji?

Thanks again guys

Cheers!

Doc J

PS: Sorry for late replies, time zones are a drag sometimes

 

[mail2pjoshi]

Hi Chennai1973,

Sorry for this late reply mate. As for official records, I am still an Indian citizen and I trade using a normal reliancemoney account (btw they are real chors)

You can do intraday trading in two ways:

1) You can buy shares for delivery, but only the ones that are on ATST list. Once you have bought them, you can always square off your trade on the same day itself.

2) For going short, you can sell on margin and then square off the trade on the same day. Note of Caution: You have to square off all your margin trades on the same day itself, otherwise they will be automatically squared off by your broker (at least that is true for reliance money and they give you a real bad deal if they do that)

Good Luck!

-- Doc J

 

[sashsaha0]

Savant sir,

I am just curious to know what is the percentage of profit a positional and swing trader can expect from market in a year on an average

sashsaha0

 

[chennai1973]

Savant sir,

I am just curious to know what is the percentage of profit a positional and swing trader can expect from market in a year on an average

sashsaha0

i am with u friend...i wanted to know the same..generally at wat percentage of profit do u exit ?

 

[y2j826]

i am with u friend...i wanted to know the same..generally at wat percentage of profit do u exit ?

the question was for savant but if you ask me I think 7-8% is enough to get out of stock and if in intra gain its 4% I usually exit from stock, depends on persons to person for how much time he can wait to book profit.