Well its like a share u sold and suddenly it spikes so much u start crying why did u sell it?
For me its tatia global ventures...i saw this share fall on that particular day upto it 10% circuit so thought may be in a week will rise that much and will get 10% return that is more than what u get in bank fds.
Just a penny stock so invested 6.3k for 400 shares....bought at ard 15.3 than thought will sell intraday around 16.5.....Never reached so taken delivery than for a week couldnt track...later when i did it was 19....so sold 200 shares...
than 100 more at 26 rs and final 100 at 36.....was happy made more than 10% target
Today i see the same stock at 211 level...that means that 6.3k would had been worth 83k right now...all within 1 year....Not unhappy but ya it comes to mind should had shown patience but again what if from 36 it would had gone dead.....So thanking god at least i got something...
Bottom line::But learned when u make 100% profit on any particular share sell half of it and keep the later to pass to generation If at 36 i had sold 50 and the remaining 50 in never to sell list(or need money when no one on the planet helps status type )...that 50 shares still would had worth 10-11k now
Now used the same funda to buy stock...wanted to buy 100 shares of praj...but bought 20 at lowest level of the day...will buy furthur 20 at 6-7rs less....if it doesnt reach atlest i have some shares in the portfolio if the share goes up..and if it falls will buy furthur 20..hence average buying cost will also be less...A mistake which i did while buying dredging corporation share at one go for 740(15 shares) and see where it is now...
ALso if u dont have faith in a share invest in another to reduce your loss...For dredging i m investing other amount in onmobile global as have seen it continuously coming ard 390 and than going upto 430
For me its tatia global ventures...i saw this share fall on that particular day upto it 10% circuit so thought may be in a week will rise that much and will get 10% return that is more than what u get in bank fds.
Just a penny stock so invested 6.3k for 400 shares....bought at ard 15.3 than thought will sell intraday around 16.5.....Never reached so taken delivery than for a week couldnt track...later when i did it was 19....so sold 200 shares...
than 100 more at 26 rs and final 100 at 36.....was happy made more than 10% target
Today i see the same stock at 211 level...that means that 6.3k would had been worth 83k right now...all within 1 year....Not unhappy but ya it comes to mind should had shown patience but again what if from 36 it would had gone dead.....So thanking god at least i got something...
Bottom line::But learned when u make 100% profit on any particular share sell half of it and keep the later to pass to generation If at 36 i had sold 50 and the remaining 50 in never to sell list(or need money when no one on the planet helps status type )...that 50 shares still would had worth 10-11k now
Now used the same funda to buy stock...wanted to buy 100 shares of praj...but bought 20 at lowest level of the day...will buy furthur 20 at 6-7rs less....if it doesnt reach atlest i have some shares in the portfolio if the share goes up..and if it falls will buy furthur 20..hence average buying cost will also be less...A mistake which i did while buying dredging corporation share at one go for 740(15 shares) and see where it is now...
ALso if u dont have faith in a share invest in another to reduce your loss...For dredging i m investing other amount in onmobile global as have seen it continuously coming ard 390 and than going upto 430
