In a Fix,Need Some Help

[Essjay]

If you had some reasons to enter ... u must have some valid reasons to exit.

Fundamentals usually don't change in a month's time. Thus if u still see those factors prevailing which made u enter the trade then its better you stick to ur trades. There is no point in exiting just because market's are moving down.

Stick to your reasoning.

Tc.

well said raunak,
fundamentals will not show results in short run, generally it takes a few months before fundamentals can influence the price,

If you want to do quick trades, then check for technical trades, but then again no technical trade gives a 100% accuracy, its more of right decision on right time,

And one more thing, make a thumb rule never ever make an investment decision without a Stop Loss;

 

[Essjay]

The two major influences for traders are Greed and Fear,
A person enters the market with a motto of making quick buck, his decision to choose proper investment scrips is influenced by Greed, and makes hasty decisions which may result in loss,
This leads to a fear and he panics and sells of his equity by booking losses, and then he will start fearing the markets,

Investing is a profession, and it demands a lot of study, discipline, patience and above all LUCK,

Luck is a major factor, I have seen people who are good at predicting trends for others, but when they start investing for themselves, they loose,

This just proves that somewhere deep within themselves they have their decisions biased by GREED or FEAR, and it results in loss

 

[superman]

Some update:
Things have been going pretty good
sold FINOLEX INDUSTRIES LTD for 70.70 and ASHOK LEYLAND LTD for 56.90
Had bought it at 65.9 and 55.6
may be some small 5-6% profit booked

Other stocks are rising fast

Mangalore Chem,NTPC now up by 4%
Indraprastha rising fast at 4.59%

To add glory is Persistent systems 31.08% so far and i have not yet sold it ...

BTW i read somewhere that bulls runs and bears jumps ..
Sometimes even bulls jump .. ex: finolex 8% rise in one day

 

[AW10]

When bulls are in action, bear hide somewhere. and when bears are in action, bulls hide somewhere.. And when both of them are in action ie. fighting.. we should better be hiding somewhere..

Everybody has their day in the market. So be on the right side..rather then just on bullish side. Changing side is acceptable in mkt..

Happy Trading.