Disaster but I don't panic why?

Vasyan · 1 Disaster but I don't panic why? Fri Mar 19, 2021 1:28 pm

Vasyan

Manager - Equity Analytics

Posts : 154
Equity Stars : 3794
Reputation : 5
Join date : 2014-07-07

Disaster Disaster. but I don't panic why? because mostly wipe out my portfolio and I don't have money to buy?

everyone knows good market theory means up-sell down-buy but we all do up-buy then down-sell.

every time I think so many times to pay an extra 1/= to buy BUN for my breakfast but I lost more than a million without any fear.

Wickyz · 2 Re: Disaster but I don't panic why? Fri Mar 19, 2021 1:56 pm

Wickyz

Senior Manager - Equity Analytics

Posts : 385
Equity Stars : 1756
Reputation : 22
Join date : 2020-09-07

COLO COLO

Kipling · 3 Re: Disaster but I don't panic why? Fri Mar 19, 2021 2:31 pm

Kipling

Expert

Posts : 736
Equity Stars : 2409
Reputation : 43
Join date : 2019-12-06

Colo?

ColomboCSE · 4 Re: Disaster but I don't panic why? Fri Mar 19, 2021 8:29 pm

ColomboCSE

Manager - Equity Analytics

Posts : 291
Equity Stars : 1938
Reputation : 3
Join date : 2019-11-23

@Vasyan According to your join date this forum(Join date : 2014-07-07) you have face many situation like this... can't believe you don't have money Shocked

Vasyan · 5 Re: Disaster but I don't panic why? Fri Mar 19, 2021 11:17 pm

Vasyan

Manager - Equity Analytics

Posts : 154
Equity Stars : 3794
Reputation : 5
Join date : 2014-07-07

ColomboCSE wrote:@Vasyan According to your join date this forum(Join date : 2014-07-07) you have face many situation like this... can't believe you don't have money

you are right, I am not a regular investor in CSE. I took the money and bought a house then now a big uptrend enters the market buys some subdivision shares EBCR then sold buy RCL that also lost last-minute bought DIPD 750 HAYC 1500 HAYL 760 before subdivision date high peak then SAMP at 220. all now wipeout 50% of the money. still I have these stock in my portfolio but when will recover.

Now I like to buy some same stock to average but no money

madukp · 6 Re: Disaster but I don't panic why? Sat Mar 20, 2021 1:29 am

madukp

Expert

Posts : 383
Equity Stars : 1836
Reputation : 7
Join date : 2020-07-02

Vasyan wrote:

ColomboCSE wrote:@Vasyan According to your join date this forum(Join date : 2014-07-07) you have face many situation like this... can't believe you don't have money

you are right, I am not a regular investor in CSE. I took the money and bought a house then now a big uptrend enters the market buys some subdivision shares EBCR then sold buy RCL that also lost last-minute bought DIPD 750 HAYC 1500 HAYL 760 before subdivision date high peak then SAMP at 220. all now wipeout 50% of the money. still I have these stock in my portfolio but when will recover.

Now I like to buy some same stock to average but no money

Keep, HAYC , HAYL and SAMP if you don't mind for long-term investment and not debt. Buy SAMP after sub div. and before 30th March. Good Luck!

Wickyz · 7 Re: Disaster but I don't panic why? Sun Mar 21, 2021 9:27 am

Wickyz

Senior Manager - Equity Analytics

Posts : 385
Equity Stars : 1756
Reputation : 22
Join date : 2020-09-07

Vasyan wrote:

ColomboCSE wrote:@Vasyan According to your join date this forum(Join date : 2014-07-07) you have face many situation like this... can't believe you don't have money

you are right, I am not a regular investor in CSE. I took the money and bought a house then now a big uptrend enters the market buys some subdivision shares EBCR then sold buy RCL that also lost last-minute bought DIPD 750 HAYC 1500 HAYL 760 before subdivision date high peak then SAMP at 220. all now wipeout 50% of the money. still I have these stock in my portfolio but when will recover.

Now I like to buy some same stock to average but no money

Are you Happy ?

Gowri123 · 8 Re: Disaster but I don't panic why? Sun Mar 21, 2021 4:22 pm

Gowri123

Senior Equity Analytic

Posts : 97
Equity Stars : 1317
Reputation : 7
Join date : 2021-01-21

I felt very bad for Vasyan and many others who have lost money during this period...I really hope the market will recover soon and he will recover his capital money at least...

I saw this guy Wickys spreading hatred messages all over...I don't know whats his problem?... if he doesn't want to say anything to make Vasyan feel better then he can keep quiet...

Vasyan · 9 Re: Disaster but I don't panic why? Sun Mar 21, 2021 5:32 pm

Vasyan

Manager - Equity Analytics

Posts : 154
Equity Stars : 3794
Reputation : 5
Join date : 2014-07-07

Gowri123 wrote:I felt very bad for Vasyan and many others who have lost money during this period...I really hope the market will recover soon and he will recover his capital money at least...

I saw this guy Wickys spreading hatred messages all over...I don't know whats his problem?... if he doesn't want to say anything to make Vasyan feel better then he can keep quiet...

Thank you Gowri123. as you said Wickys always laughing when the market down and people worried. I don't mind.

As you said most people invest in the market to make at least some money better than FD but now we feel we are loosing our capital also.

RJ1010 · 10 Re: Disaster but I don't panic why? Sun Mar 21, 2021 5:56 pm

RJ1010

Assistant Vice President - Equity Analytics

Posts : 719
Equity Stars : 2144
Reputation : 11
Join date : 2020-07-06

Don’t worry about Wickyz... he was in cash and now buying at the bottom so he’s happy and lacking a bit of empathy Smile

Focus on your situation. Take the dividend income till June/July.
Now is a good time to average or buy new shares but I see you don’t have cash. If no cash then only option is to hold long term until next rally and collect the dividends. Eventually you can minimize the loss and if ASPI actually goes above 8500-9000 you might be able to breakeven.

Hope you also learnt a lesson not to jump on moving trains. I don’t fully blame for that negligence because broker firms and most people were expecting share prices to go even higher. Fundamentally at least the companies you hold are solid.

Vasyan · 11 Re: Disaster but I don't panic why? Sun Mar 21, 2021 11:30 pm

Vasyan

Manager - Equity Analytics

Posts : 154
Equity Stars : 3794
Reputation : 5
Join date : 2014-07-07

RJ1010 wrote:Don’t worry about Wickyz... he was in cash and now buying at the bottom so he’s happy and lacking a bit of empathy

Focus on your situation. Take the dividend income till June/July.
Now is a good time to average or buy new shares but I see you don’t have cash. If no cash then only option is to hold long term until next rally and collect the dividends. Eventually you can minimize the loss and if ASPI actually goes above 8500-9000 you might be able to breakeven.

Hope you also learnt a lesson not to jump on moving trains. I don’t fully blame for that negligence because broker firms and most people were expecting share prices to go even higher. Fundamentally at least the companies you hold are solid.

Thank you RJ1010. yes whatever I have all are good stock but the high price

I trading always carefully but this time market suddenly moves up by 10 15times and most people believe ASI go 10000, unfortunately, its goes other way around

Wickyz · 12 Re: Disaster but I don't panic why? Mon Mar 22, 2021 8:38 am

Wickyz

Senior Manager - Equity Analytics

Posts : 385
Equity Stars : 1756
Reputation : 22
Join date : 2020-09-07

We need YTD loss

samaritan · 13 Re: Disaster but I don't panic why? Mon Mar 22, 2021 12:27 pm

samaritan

Moderator

Posts : 4126
Equity Stars : 9156
Reputation : 188
Join date : 2015-05-16

Mr. X · 14 Re: Disaster but I don't panic why? Mon Mar 22, 2021 2:03 pm

Mr. X

Senior Manager - Equity Analytics

Posts : 377
Equity Stars : 1720
Reputation : 4
Join date : 2020-09-21

samaritan wrote:

20% loss... waiting till 50% to become panic..

samaritan · 15 Re: Disaster but I don't panic why? Mon Mar 22, 2021 4:59 pm

samaritan

Moderator

Posts : 4126
Equity Stars : 9156
Reputation : 188
Join date : 2015-05-16

Mr. X wrote:

samaritan wrote:

20% loss... waiting till 50% to become panic..

Don't worry, you have been made panic proof with the positive change in investor sentiment. Now you are bound to gain for sure. Disaster but I don't panic why? Icon_biggrin