Wait for One & half cycle (Gain / Lose / Gain) to go to exit with profit (with minimum of 20% return).
What is your strategy for successful investment ?
Last edited by Kithsiri on Fri Oct 05, 2012 8:24 pm; edited 1 time in total
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Last edited by Kithsiri on Fri Oct 05, 2012 8:24 pm; edited 1 time in total
receipe for disaster.... you should have a good entry and equally better exit plan when u trade....to maximise returnsKithsiri wrote:I have no credit worries so I will not sell at a lose (even a cent).
Wait for One & half cycle (Gain / Lost / Gain) to go to exit with profit (with minimum of 20% return).
What is your strategy for successful investment ?
Kithsiri wrote:I have no credit worries so I will not sell at a lose (even a cent).
Wait for One & half cycle (Gain / Lost / Gain) to go to exit with profit (with minimum of 20% return).
What is your strategy for successful investment ?
lets say you 1,000,000/- and invested all at market peak assuming you bought BFL at 500Rs and you bought 20,000 shares.... and the price fell to 100 now you are sitting with a massive unrealised loss. If you had a good exit strategy where your risk is less than reward then you would have exited with min damage.Kithsiri wrote:Why sell at a lose when I am here to make more ?
I will not enter when something is on the upward trend & that is why 1 1/2 cycle.Kithsiri wrote:Wait for One & half cycle (Gain / Lost / Gain) to go to exit with profit (with minimum of 20% return).
If its working for you then no need to change the system......Kithsiri wrote:I will not enter when something is on the upward trend & that is why 1 1/2 cycle.Kithsiri wrote:Wait for One & half cycle (Gain / Lost / Gain) to go to exit with profit (with minimum of 20% return).
Get out when I assume that the zenith is closer now than wait for it to roll down again.
Hitherto I have not lost a cent here & I am quite happy knowing well my limitations.
Kithsiri wrote:Why sell at a lose when I am here to make more ?
Kithsiri wrote:Thanks for all the responses but I am still not convinced why to sell at a lose.
One & and half cycle ploy works for me and it comes much faster and often than I initially anticipated.
OK I think I got the point (though not convinced) that " sacrifice a pawn or two to get the Queen " .Whitebull wrote: It is mainly a matter of experience with common sense.
Kithsiri wrote:OK I think I got the point (though not convinced) that " sacrifice a pawn or two to get the Queen " .Whitebull wrote: It is mainly a matter of experience with common sense.
Good for you & thanks for the response.
wgsaman wrote:i think passive investment is the best strategy for retailers
Kithsiri wrote:OK I think I got the point (though not convinced) that " sacrifice a pawn or two to get the Queen " .Whitebull wrote: It is mainly a matter of experience with common sense.
Good for you & thanks for the response.
you have to excuse my math.......1 mil/500rs=2000shares for the illustration sorry guys..traderathome wrote:lets say you 1,000,000/- and invested all at market peak assuming you bought BFL at 500Rs and you bought 20,000 shares.... and the price fell to 100 now you are sitting with a massive unrealised loss. If you had a good exit strategy where your risk is less than reward then you would have exited with min damage.Kithsiri wrote:Why sell at a lose when I am here to make more ?
And you are already out of the trade....
There are many examples we can think where some counters have never recovered.....so this is only my opinion and i am not trying to impose my will on you....so do not mis understand me ....
So this example only for illustration purpose only.....
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