Disappointed, But Learned something for life time

About 1, 2 Months ago, Most of people (Including Me) were talking about bargains available in market; Most of them were greedy about the current share prices. But now nobody talking about bargains, Stocks are falling without limits, by breaking strong support levels.

We had a big Hope when CSBA met President about 1 month ago and Most of us bought some shares with anticipated good changes. But no changes and nothing happen in Regulators side.

We lost our hard Earned money, but learnt a lesson for life time; I never do following mistakes hereafter for my life time with CSE,

1. Never Buy or Sell shares with rumors whether rumors are good or bad.
2. Don't believe any other’s, Buy, Sell recommendations even the recommender has
Very strong understanding about stock market.
3. Never touch the Margin in bear market.
4. Never hold any share if it falls to some extent after bought. (About 6%, 7% fall).
5. Never be too much of greedy in bear market rallies.

That is why its said, "Nobody can predict the market".

Totally Agreed with Both Hands!

stumpy wrote:Totally Agreed with Both Hands!

Hi Stumpy

Where were u.... Friend. I didn't see for long time....


Hi nkuda

This is the nature of the mkt.. What to do, we have to go with the trend....

Yea 100% agreed. Most of people were talking about bargain prices 1 month before.& expected some rallies in Jan.Still nothing.However my mind says some thing will happen after mid January as somebody told in this forum. But dont take as serious n dont take any buy decision based on that

nkuda wrote:About 1, 2 Months ago, Most of people (Including Me) were talking about bargains available in market; Most of them were greedy about the current share prices. But now nobody talking about bargains, Stocks are falling without limits, by breaking strong support levels.

We had a big Hope when CSBA met President about 1 month ago and Most of us bought some shares with anticipated good changes. But no changes and nothing happen in Regulators side.

We lost our hard Earned money, but learnt a lesson for life time; I never do following mistakes hereafter for my life time with CSE,

1. Never Buy or Sell shares with rumors whether rumors are good or bad.
2. Don't believe any other’s, Buy, Sell recommendations even the recommender has
Very strong understanding about stock market.
3. Never touch the Margin in bear market.
4. Never hold any share if it falls to some extent after bought. (About 6%, 7% fall).
5. Never be too much of greedy in bear market rallies.

Words NEVER and EVER are not very suitable in share trading.We have to be very vigilant and flexible.

Where is our day dreamers,fortune tellers, who told this is last chance to buy
@ discounted prices ? Now last chance has come again...

It was not that difficult to predict the current situation. A few " Retards, Maniacs, Agents of HNWI s" etc etc predicted this down fall. But it was difficult to convince the die hard Bulls of this forum.

@Seyon,

Hello! I've gone through your comments!
I'm also doing the same stuff as you!

Nothing new!
Riding the downward trend!
Patiently waiting till some opportunities to develop!

Cheers!

rijayasooriya wrote:Words NEVER and EVER are not very suitable in share trading.We have to be very vigilant and flexible.

කටේ මසුරන් දාන්න වටිනව.

kama wrote:Where is our day dreamers,fortune tellers, who told this is last chance to buy
@ discounted prices ? Now last chance has come again...

Last chances are coming over and over again in stock markets. That is one of the lessons that we all should learn from this onslaught, of cause that's if we are ready to learn.

nkuda wrote:

1. Never Buy or Sell shares with rumors whether rumors are good or bad.
2. Don't believe any other’s, Buy, Sell recommendations even the recommender has
Very strong understanding about stock market.
3. Never touch the Margin in bear market.
4. Never hold any share if it falls to some extent after bought. (About 6%, 7% fall).
5. Never be too much of greedy in bear market rallies.

So many time I learned these thinks but when the market move then I couldn't control.... Psychology also important in the share trading

illuminati wrote:It was not that difficult to predict the current situation. A few " Retards, Maniacs, Agents of HNWI s" etc etc predicted this down fall. But it was difficult to convince the die hard Bulls of this forum.

I am a die hard bull at the moment, and see lot of golden opportunities in the current market.
Increased the PF investment by 2% today.

Tiger wrote:

illuminati wrote:It was not that difficult to predict the current situation. A few " Retards, Maniacs, Agents of HNWI s" etc etc predicted this down fall. But it was difficult to convince the die hard Bulls of this forum.

I am a die hard bull at the moment, and see lot of golden opportunities in the current market.
Increased the PF investment by 2% today.

Cannot disagree with you today !

I learned little bit not listening to my dad. He escaped in last Jan2011.
Definitely market will rebound that is the nature, patience is the best medicine.

Kumar wrote:I learned little bit not listening to my dad. He escaped in last Jan2011.
Definitely market will rebound that is the nature, patience is the best medicine.

Our parents always right

kama wrote:Where is our day dreamers,fortune tellers, who told this is last chance to buy
@ discounted prices ? Now last chance has come again...

Dear kama,
I made my post at 10.00 pm on 20th Dec. I think lowest ASI (5838)was recorded on 21st Dec. so far.Pl.see following ASI figures; (Low=L,High= H, Close= C)

Dec. 20
L=5851
H=5908
C=5861

Dec. 21
L=5838
H=5863
C=5851

Dec. 22
L=5842
H=5940
C=5842

Dec. 23
L=5919
H=5996
C=5982

Dec. 27
L=5982
H=6022
C=6015

Dec. 28
L=6015
H=6106
C=6093

Dec. 29
L=6085
H=6141
C=6089

Dec. 30
L=6075
H=6108
C=6074

Jan. 02
L=6066
H=6108
C=6074

Jan. 03
L=6033
H=6086
C=6075
Jan.04th,05th,06th and today ASI has comedown gradualy. Not a wonder. This is the nature of stock market behaviour.Today it was close at 5872.

So what I said was true no? During this two weeks period lowest price level has recorded after I made my post on 20th Dec. On Dec. 21st ASI fell down to 5838. The lowest during the period.On Dec. 29th ASI recorded as 6141 'the highest during this two weeks period. That is about 300 points increase. For a wise person I think this is a good oppotunity for making money. I show even stockmate has made good money during these days.

nkuda wrote:

We had a big Hope when CSBA met President about 1 month ago and Most of us bought some shares with anticipated good changes. But no changes and nothing happen in Regulators side.

they seems lied you unprofessional politicians without knowledge

stumpy wrote:@Seyon,

Hello! I've gone through your comments!
I'm also doing the same stuff as you!

Nothing new!
Riding the downward trend!
Patiently waiting till some opportunities to develop!

Cheers!

Oh, Good... Good... Have a nice sleep....

by UKboy on Fri Oct 14, 2011 7:19 am

UKboy wrote:
I'm still struggling to think this market will get better in coming months. If we lucky we will see some green light during Mid november to early December apart from that nothing much will happen. Unless you are a professional trader, you wont get much out of this market.

I hope things will get better from late Feb 2012. Depends on country's economy rather world economy.

http://forum.srilankaequity.com/t11523-are-you-ready-to-enter-into-the-new-era-of-profitable-investing

Its bit late to find where, how and what went wrong.. I really feel sorry to see and read all these stories.

dear nkuda

At last you learned the points. But I have a doubt with the 4th sentence. Please tell me do you exit from your pf completely if your all bought shares fell down by 6% or 7%?