Stocks To Keep A Close Eye On

[mail2pjoshi]

Hey sashsaha0,

I guess that is even a difficult question to answer for Savantji .. I mean the answer to it would be quite subjective, depending on the trader's skills, knowledge, decisions, psychology and an ample of more variables that are to be accounted for. With such a high-dimensional state-space, its quite unrealistic to find a steady-state point

After having said that, I too am curious as to what Savantji has to say.

Cheers!

-- Doc J

 

[jace48]

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

I don't know about Savant but I don't allow my stocks to grow more than 5% each time it goes above 5% I book profit and adjust the holding, waiting in sidelines for price inefficiencies to come into play If the stocks just keeps on moving up I might commit more capital only if my SL is revised for me to be in comfortable position.

This is part of post trade risk management.

 

[mail2pjoshi]

Oh on this note one more thing, if I am not in any mood to hold on to a share (kind of trying to make a quick profit), I usually place an order with a stop loss and keep on moving the stop-loss up by a small amount all the way till I exit the trade when the price touches the latest stop-loss.

Hope this makes sense

-- Doc J

 

[chennai1973]

friends i read that
its been quite sometime since i have sold any of my stocks...currently i have just accumulated a few in my portfolio, looking back i have always exited a share too early and then realized that i could have made a few more bucks. its diff to predict the movement especially in the bull run....been there done that!

 

[sashsaha0]

But everybody
if u see savant sir previous records i have seen tht his calls give 50-60% even 100-120% return within a time span of 3 months then wht will be ur answer to tht
sashsaha0

 

[SavantGarde]

Hmmmm.....SashSaha,

What A Pandora's Box To Open........

It Is Very Subjective As Aptly Put By Doc J,

a) It Depends How Much Capital You Have Left

b) As Positional Trade One Must Follow It With Traiiling Exits

c) Ability To Find Out How Much A Stock Is Willing To Give With Different Risk Appetites

d) If Entry Is Positional & Stock Runs Up +8% In A Single Day One Must Exit & Re-Enter On Retracement

e) Requires Daily Homework As To Where It Stands On The Charts.

f) Ability To Adapt With Different Strategies Depending On The Market Conditions

g) At Times It Will Be Better To Trade Just For The Day, While At Other Times It Will Be Prudent To Be A Postional Or Swing Trader

There Isn't Any Type Of Trading That Doesn't Require Daily Homework.

Successful Traders Have To Be Very Precise With Their Tools Than An Investor.....There Are Just As Many Variables As Traders In Existence.


There Are Tons Of Material Probably Written About It....One Should Try & Read Up.....To Get Better Indepth Knowledge On The Subject.

SasaSaha....One More Pandora's Box & You Will Have To Deploy The Rest....

Happy & Safer Trading

SavantGarde

 

[SavantGarde]

fluke....

but everybody
if u see savant sir previous records i have seen tht his calls give 50-60% even 100-120% return within a time span of 3 months then wht will be ur answer to tht
Sashsaha0

 

[mail2pjoshi]

Very well said Savantji .

I think that the storm from this previous discussion is still not settled, and here I am, trying to stir another one

I honestly hope this one turns out to be a tornado, as I think that anything thought-provoking, however distasteful it may seem, is actually good in the long run, as we end up learning some lessons.

Thinking Aloud: I think we need to find a better-term or measure than this N-Bagger (replace N with a number). I think its only useful, if we have some kind of temporal constraint included in the term, because if we take the time horizon to infinity, any stock will be an infinity-bagger. If someone knows of a better standard term than please enlighten me.

In case there isn't one, perhaps some kind of N-Bagger/Time-Unit is a better thing, with the time being fixed in a standard to either month or year. Sorry am a mathematician by training

Having said that.. I think now its high time to do what Forrest Gump did (Run Forrest Run)

Cheers!

-- Doc J

 

[jace48]

Very well said Savantji .


Thinking Aloud: I think we need to find a better-term or measure than this N-Bagger (replace N with a number). I think its only useful, if we have some kind of temporal constraint included in the term, because if we take the time horizon to infinity, any stock will be an infinity-bagger. If someone knows of a better standard term than please enlighten me.

In case there isn't one, perhaps some kind of N-Bagger/Time-Unit is

For that why not simply focus in prudent risk management and let money do the talking?

BTW What kind of doc are you? Ph.D or MMBS types?

 

[mail2pjoshi]

Hi Jace,

What I am trying to say is not meant to be insulting, I just think the term becomes more information-rich if there is some temporal constraint to it.

Best,

Doc J.

PS: I am the PhD type.