Discussions on recommendation

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sunnytalreja

New Member
#1
#1
Its really strange how these Analysts keep changing their statements.
3 weeks ago, they kept saying that going for Intrasoft IPO was a really good bet. I was one of the fools who listened to them and bought it at around 160. It kept falling till 112 today and has now risen to 134. Should I book my losses now as it has minimized my losses to a great extent or should I still wait.
 
A

anil.nayar

New Member
#2
#2
sunnytalreja said:
Its really strange how these Analysts keep changing their statements.
3 weeks ago, they kept saying that going for Intrasoft IPO was a really good bet. I was one of the fools who listened to them and bought it at around 160. It kept falling till 112 today and has now risen to 134. Should I book my losses now as it has minimized my losses to a great extent or should I still wait.
Click to expand...
Dear Sunny,

You should have decided upon a stop loss amount based on your risk appetite. If you don't book losses, then atleast you could have averaged your stock price by buying at those 112-115 levels.
Right now, the stock has shown a really good rise, but without volumes, it didn't had any support, hence a fall was anyways expected, you can sell some of your shares at such short term peaks and then buy them again at low levels, this way, you can keep reducing your purchase price.

Happy Investing,
Anil
 
deneb

deneb

Well-Known Member
#3
#3
Hi,
Average a stock only if you are sure of the value of the company. Dont average just because you are in loss. If you have doubts regarding the company either book loss or sit tight and hope for the best.Just my personal opinion.

Regards,
 
D

desifxtrader

Well-Known Member
#4
#4
sunnytalreja said:
Its really strange how these Analysts keep changing their statements.
3 weeks ago, they kept saying that going for Intrasoft IPO was a really good bet. I was one of the fools who listened to them and bought it at around 160. It kept falling till 112 today and has now risen to 134. Should I book my losses now as it has minimized my losses to a great extent or should I still wait.
Click to expand...
Hi Sunny,

That's why god gifted us with a special software - one located between every human being's two ears.

Those people whom you call 'Analysts' on the TV are paid to Talk!! So, they are doing their work. Have you every thought if those 'Analysts' ever trade for themselves?

In addition, you've committed one more crime - Staying in a sinking ship. When you're under water, don't hold your breath for long.

Now onwards, listen to all the 'Analysts', but don't forget to do your own homework. Remember, it's your own money that you're losing in the market - not the 'Analysts'.

Refer: http://www.traderji.com/technical-analysis/39919-why-does-small-retail-investors-mostly-loose.html

Do you think the info in above link is true?

cheers
 
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S

sanjay1876

Member
#5
#5
sunnytalreja said:
Its really strange how these Analysts keep changing their statements.
3 weeks ago, they kept saying that going for Intrasoft IPO was a really good bet. I was one of the fools who listened to them and bought it at around 160. It kept falling till 112 today and has now risen to 134. Should I book my losses now as it has minimized my losses to a great extent or should I still wait.
Click to expand...
Use trailing stoploss and see what happens.
 
S

sunnytalreja

New Member
#6
#6
sanjay1876 said:
Use trailing stoploss and see what happens.
Click to expand...
Actually I am a very new investor hence don't want to loose my limited and hard earned money. I am ready to wait for a long time but I won't sell it at losses.
BTW the idea of selling and buying on intraday actually paid me off I did quick sell of 100 shares (which half of my total portfolio) at around 132 rupee and now the price is around 126.5, so, my purchase price of these shares is reduced by (132-126.5)*100 i.e. 550 rupees i.e. 2.50 (after all charges and taxes etc.) per original share.
 
S

sabbynaik

New Member
#7
#7
Well that was a nice bet for you. Your stock is getting traded at around 125 hence you can buy now (before it starts rising again).
BTW my gloden rule of sucess in market is not to mix two different investments.
Count profit in this day trading seperately and losses in your long position seperately.
Also, just because you had losses in this stock, it does not mean you need to trade in this stock only, there are 1000s of other stocks.

The decision/recommendation of analysts get affected by their profession, hence, knowing their profession is very important. The aim of a MF fund manager is different from that of a brokerage house.

On the other hand, its better to track recommendations from social investing sites like moneyvidya.com which has amatuer analysts but their performance and returns from tips are calculated. You can take decisions on parameters like thier risk apetite, their past performance or the moneyvidya's internal rating system.

Again no one will be responsible for your losses, hence only take the informed and calculated decisions.
 
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S

sunnytalreja

New Member
#8
#8
sabbynaik said:
Well that was a nice bet for you. Your stock is getting traded at around 125 hence you can buy now (before it starts rising again).
BTW my gloden rule of sucess in market is not to mix two different investments.
Count profit in this day trading seperately and losses in your long position seperately.
Also, just because you had losses in this stock, it does not mean you need to trade in this stock only, there are 1000s of other stocks.

The decision/recommendation of analysts get affected by their profession, hence, knowing their profession is very important. The aim of a MF fund manager is different from that of a brokerage house.

On the other hand, its better to track recommendations from social investing sites like moneyvidya.com which has amatuer analysts but their performance and returns from tips are calculated. You can take decisions on parameters like thier risk apetite, their past performance or the moneyvidya's internal rating system.

Again no one will be responsible for your losses, hence only take the informed and calculated decisions.
Click to expand...
Well I will give moneyvidya.com a try, but this time, I will invest in multiple stocks and in a very small quantity (kind of like what MF ppl do)
BTW, has anyone subscribed to Nitesh Estates IPO. I believe its in real estate business which means the people managing infra bonds might also subscribe hence chances of very attractive returns :clap:
 
A

anil.nayar

New Member
#9
#9
Hi,
Today Asian markets were trading firm and yesterday American markets ended on a positive note, hence, our market was forced to move up :)
But the trend doesnot look stable. Going short for some overbought stocks might be a good idea.
Any good recommendations???
 
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