Hi All,
There are many thoughts with each other. But i have another idea & I am following my way. But I don't know how this idea helps to you.
Nearly 250 companies with the CSE Up to now. Also l have shares with 35 companies. pls note I haven't big qty s. I am trying to collect shares from all of companies.
I keep records for all of company records daily. I maintain an excel sheet for day by day. I down load CSE data report enter the details to my excel sheet. I also refer the CSE daily report daily to collect the informations. (Company announcements / Devidends / Right issues / Etc..)
I am an employee in a private company. I have no time to see the mkt in the day time longly but time to time i log to CSE web site & See what happened Also note my broker is Capital Alliance Securities & I got the on-line facility. I log to my portfolio account every night & get the details what are the shares I have profit & loss.
Then i decide to sell the most profitable shares & collect some shares from the most lost company within the next day. Then i can get an enough profit daily. But i make sure to keep even 100 shares from those companies when i sell.
Actually this is my way. collect small shares from every companies. Then need to check what are the shares we can sell with profits once found need to sell them. Also find the most lost company & collect some shares to reduce the loss average. once up the share price with the loss companies, you can sell those shares with a good profit.
These days with the mkt crash i got a big lost but last few months I earned good profit. Actually I earned more than 30000 rupees for a month.
I think, we don't think to long term & short term ideas. Once the time we have to get profit we have sell the shares.
I am so worry with my current losses but I know once up the mkt I can cover the all losses. Also I never sell my shares with a loss.
I know my way is correct. One day I will be one of 20 bilinears in the share mkt.
Pls find your way. all of we have own way related to us. Good lock.