Now you agree with me? Told ya!

MerdoxR · 1 Now you agree with me? Told ya! Mon Oct 22, 2012 7:26 pm

MerdoxR

Senior Equity Analytic

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I was so upset and created a topic saying who is incharge... Was on Friday last week. All were taking me for a joke. I panicked cuz I bought for credit and saw it coming down and sold everything for a loss and got out of credits. Now happy to see it goes low and can buy more cheaper. Now who is incharge?

traderathome · 2 Re: Now you agree with me? Told ya! Mon Oct 22, 2012 8:01 pm

traderathome

Senior Vice President - Equity Analytics

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Hello MerdoxR,

As its your money and you are entitled to sell all your stocks at a loss or profit.
However there are 2 unknown variables;

1.why did you purchase those shares & what are the names of the shares ?
2. What price you bought and what price you sold.

This way we all can analyse, and if you were so sure the prices were further coming down and you sold all to avert more damage can be justified.

From your post above i feel the entry prices werent sure than your exit of the trades.

TAH Cool

smallville · 3 Re: Now you agree with me? Told ya! Mon Oct 22, 2012 9:24 pm

smallville

Associate Director - Equity Analytics

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MerdoxR wrote:I was so upset and created a topic saying who is incharge... Was on Friday last week. All were taking me for a joke. I panicked cuz I bought for credit and saw it coming down and sold everything for a loss and got out of credits. Now happy to see it goes low and can buy more cheaper. Now who is incharge?

Shows ur immaturity mate.. Nobody is correct than Mr.Market.. Who asked u to buy on credit of a rise at this time???? We specifically said not to buy on credit wherever possible.. Shame on u for talking us for a joke..
Evil or Very Mad

U got quite some more to learn friend.. But if you dont lose your emotions, u may have to lose more..

Markets go on cycles due to emotions.. U buy today with the intention of selling with 10% gain but that day may not come in near term sometimes so u sell on panic.. Now what happens?? Ur bringing down the counters with ur panic touch and let another trader capitalise on it.. The person(s) buy from u may or may not be a trader so he even win or lose keeping it.. But unlike u who got the margin to settle, the buyer(s) might not sometimes so he doesn't have to sell at loss..

Jiggysaurus · 4 Re: Now you agree with me? Told ya! Mon Oct 22, 2012 9:51 pm

Jiggysaurus

Assistant Vice President - Equity Analytics

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MerdoxR wrote:All were taking me for a joke. I panicked cuz I bought for credit and saw it coming down and sold everything for a loss and got out of credits. Now happy to see it goes low and can buy more cheaper. Now who is incharge?

wow fantastic, you also must be having a world class atm degree.
since you have timed the market correctly this one time, you can also call yourself Legend.....wait for it....Diary!!!!

UKboy · 5 Re: Now you agree with me? Told ya! Mon Oct 22, 2012 11:19 pm

UKboy

Senior Vice President - Equity Analytics

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MerdoxR wrote:I was so upset and created a topic saying who is incharge... Was on Friday last week. All were taking me for a joke. I panicked cuz I bought for credit and saw it coming down and sold everything for a loss and got out of credits. Now happy to see it goes low and can buy more cheaper. Now who is incharge?

You must be insulting the guy who's on your profile pic