You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading )

Jana

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10720
Reputation : 195
Join date : 2011-03-10

You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ).. I plan to escape from the market with 70% loss :( Sad

The market make me upset and upset...
no sign to recover ...
most of them predict that politics make more down..
international politics try to push the Govt to the downturn economy ... because they want to push the Govt to do something what they want...
Still Rupee value not stable against $ so most of foreigner waiting to invest until Rupee go more down..

If I go out from the market last 3 to 6 month before I can save more than 50% of my money...now always making loss.. or paper value going down and down.... am sorry guy I don't have patient to wait more... at least I can save my 30% of money..

What do you thing guys.. Some time I need to take bad decision If I go out now or not..???

Very bad condition my life now a days..struggling struggling

smallville

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10118
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

Most of the investors as well as traders have been struggeling to earn few 1000s even in last couple of months. And the ailing market situation doesnt help prevail over anything.

U witnessed the massive white collar crimes going on these days.. TFC-NSB deal, TAP listening which could've made the initial sellers millionairs, EPF deals went wrong losing billions of public money, ETC, ETC......... Wink

If u exit now its 30% loss, and if you wait another couple of weeks and if ASI dips to 4700; it can go down to 20% even subject to the shares u hold.. who knows????
But on the contrary, if u sell now, u may be able to make some profit by buying a bit more low (if u wish).. Then again, u also may never be able to buy some counters 1-2 ruppes below the today's rate even if ASI dips ..
So its a tricky game now..

But having said these, we must know that so many counters are 52Wks lower now..

Whitebull

Whitebull

Assistant Vice President - Equity Analytics

Posts : 876
Equity Stars : 5403
Reputation : 33
Join date : 2012-05-15

Well...my decision may be depend on mainly 3 factors,

1.Counters I held

2.At what price I held those counters

3.My holding power

Redbulls

Redbulls

Director - Equity Analytics

Posts : 6053
Equity Stars : 16079
Reputation : 770
Join date : 2012-02-14

smallville wrote:Most of the investors as well as traders have been struggeling to earn few 1000s even in last couple of months. And the ailing market situation doesnt help prevail over anything.

U witnessed the massive white collar crimes going on these days.. TFC-NSB deal, TAP listening which could've made the initial sellers millionairs, EPF deals went wrong losing billions of public money, ETC, ETC.........

If u exit now its 30% loss, and if you wait another couple of weeks and if ASI dips to 4700; it can go down to 20% even subject to the shares u hold.. who knows????
But on the contrary, if u sell now, u may be able to make some profit by buying a bit more low (if u wish).. Then again, u also may never be able to buy some counters 1-2 ruppes below the today's rate even if ASI dips ..
So its a tricky game now..

But having said these, we must know that so many counters are 52Wks lower now..

Agreed.

If we are investing (Bought stocks in 2010/2011) for long time current market condition affect psychologically.(Paper loss)
But bought for trading (In 2011) most of missed the bus repeatedly in last 10 months.

Jana

Jana

Senior Vice President - Equity Analytics

Posts : 2640
Equity Stars : 10720
Reputation : 195
Join date : 2011-03-10

smallville wrote:Most of the investors as well as traders have been struggeling to earn few 1000s even in last couple of months. And the ailing market situation doesnt help prevail over anything.

U witnessed the massive white collar crimes going on these days.. TFC-NSB deal, TAP listening which could've made the initial sellers millionairs, EPF deals went wrong losing billions of public money, ETC, ETC.........

If u exit now its 30% loss, and if you wait another couple of weeks and if ASI dips to 4700; it can go down to 20% even subject to the shares u hold.. who knows????
But on the contrary, if u sell now, u may be able to make some profit by buying a bit more low (if u wish).. Then again, u also may never be able to buy some counters 1-2 ruppes below the today's rate even if ASI dips ..
So its a tricky game now..

But having said these, we must know that so many counters are 52Wks lower now..

Thanks @Smallville! Great comments.. as you said it is very very tricky game...only one thing sold and take the money forget the market ... Otherwise If /I want to play in market I like to keep it.. I don't want to make loss..

Just I thought to escape from the market permanently..

Anyway Thanks guys your ideas.. and comments

hunter

hunter

Moderator

Posts : 786
Equity Stars : 6949
Reputation : 114
Join date : 2011-04-27

As a trader, in my view, if we can forget the paper losses or profits we have made, we will be better traders.

The thoughts of losses or profits made lead to bad decisions ALWAYS!

Doesn't matter if we have made 90% losses, if our system indicates the share would go further down. Better to exit. If it says going up, better keeping.

I never pray the market to go up or down; rather would save my 10% remaining; or try increasing the 10% to 11%.

Kithsiri

Kithsiri

Senior Vice President - Equity Analytics

Posts : 1758
Equity Stars : 7101
Reputation : 132
Join date : 2011-03-25
Age : 66
Location : රජ්ගම

I read it somewhere that one should only invest in stocks, the money that he/she can easily lose and not lose a sleep over the loses. Very Happy

Hanoifortune

Hanoifortune

Senior Manager - Equity Analytics

Posts : 478
Equity Stars : 5099
Reputation : 11
Join date : 2012-05-09

I bought Gran at 90/=, sold when it was at 65/= with a loss of 28%. now I am very happy on my decision that I can buy 2 gran shares for protected 65/=. but, I am still waiting with out using that money as there are lot of things to unfold next six months.

dineshfernando

dineshfernando

Senior Manager - Equity Analytics

Posts : 573
Equity Stars : 5863
Reputation : 32
Join date : 2011-02-05

I'm sorry to hear that Jana. CSE should have gain momentum by now but there were some unfortunate incidents happened last few weeks which prevented CSE from going up.

1) TFC - NSB fraud
2) High interest rates
3) Rupee devaluation
4) High fuel cost

I think it will take at least another 6 months for the market to settle to a base level. People have lost confidence in the market. CSE has become a paradise for the manipulators and crooks.

Anyway, if you have debt on the shares you hold then you have to make a timely decision. The final decision is yours.

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You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading )

1 You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 5:56 pm

Jana

2 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 6:39 pm

smallville

3 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 7:58 pm

Whitebull

4 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 8:17 pm

Redbulls

5 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 8:35 pm

Jana

6 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 10:03 pm

hunter

7 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Sun May 27, 2012 10:11 pm

Kithsiri

8 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Mon May 28, 2012 8:33 am

Hanoifortune

9 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading ) Mon May 28, 2012 9:55 am

dineshfernando

10 Re: You Buy or Sell.. I don't care.. (Am sorry for irresponsible heading )

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