Traderji.com - Discussion forum for Stocks Commodities & Forex

1 LAKH Profit in Portfolio !!!

Discuss 1 LAKH Profit in Portfolio !!! at the General Trading & Investing Chat within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by karthikmarar NK Weldone, my friend. Waiting eagarly for your post on your ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > TRADING & INVESTING > General Trading & Investing Chat

Notices


Advertise Here

Reply
 
Thread Tools
Sponsored Links
  #91  
Old 13th March 2006, 12:39 PM
Member
 
Join Date: Feb 2005
Posts: 547
Thanks: 0
Thanked 4 Times in 4 Posts
nkpanjiyar is on a distinguished road
Reputation: 26
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by karthikmarar
NK

Weldone, my friend. Waiting eagarly for your post on your first 10 Lakhs. I am very sure that I will see it soon. Wishing you all the very best..

warm regards

karthik
Thanks a ton Karthik. May your wish comes true. Keep guiding me.

cheers,
nkpanjiyar
Reply With Quote
  #92  
Old 13th March 2006, 12:40 PM
Member
 
Join Date: Feb 2005
Posts: 547
Thanks: 0
Thanked 4 Times in 4 Posts
nkpanjiyar is on a distinguished road
Reputation: 26
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by urcoolpal
congrats buddy. on this.......hope u have many more lakhs adding up to that...congrats
Thanks urcoolpal.
Reply With Quote
  #93  
Old 13th March 2006, 01:01 PM
Member
 
Join Date: Feb 2005
Posts: 547
Thanks: 0
Thanked 4 Times in 4 Posts
nkpanjiyar is on a distinguished road
Reputation: 26
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by baron
Congrats...I am sure someone must have mentioned but here goes: add the most important point to the list "to keep the profit", I guess its the most important one as several times I have seen the 1st lakh is the hardest then you start playing bigger to earn faster & better...you multiply the 1 lakh into several in a short span & overtrading begins, ZAP suddenly it all evaporates...

Thing is to set a target achieve it & take a break rethink / replan & get back, cheers
Excellent words "to keep the profit". I appreciate it...

Yes we have to Book profits...but the question is timing..

we shudnt book profits coz we hav to :

But they should be booked in either of the following situations:

1. The growth has stopped
2. The macro economy picture is changing
3. The company's fundamentals have changed
4. The market competitors are performing better than them and they are eating away the market or there is an alternative substitute which has been identified for the market segment.
5. YOU NEED THE MONEY coz u have identified a better investment option.

This is again my learning and my thoughts....it can be different for each person.

Its this policy i have been following and it does yielding good returns..

cheers,
nkpanjiyar
Reply With Quote
  #94  
Old 13th March 2006, 04:06 PM
Member
 
Join Date: Aug 2005
Posts: 274
Thanks: 0
Thanked 1 Time in 1 Post
ragh_ash is on a distinguished road
Reputation: 21
Default Re: 1 LAKH Profit in Portfoilo !!!

hi NKPanjiyar
CONGRATS!
lets hope other members like me also learn and reach same landmark. soon.
regards
Reply With Quote
  #95  
Old 14th March 2006, 12:45 PM
Member
 
Join Date: Feb 2005
Posts: 547
Thanks: 0
Thanked 4 Times in 4 Posts
nkpanjiyar is on a distinguished road
Reputation: 26
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by ragh_ash
hi NKPanjiyar
CONGRATS!
lets hope other members like me also learn and reach same landmark. soon.
regards
Thanks ragh_ash and wish much more success for all members.

cheers,
nkpanjiyar
Reply With Quote
  #96  
Old 15th March 2006, 01:14 PM
Member
 
Join Date: Nov 2005
Posts: 831
Thanks: 0
Thanked 1 Time in 1 Post
Agilent is on a distinguished road
Reputation: 21
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by nkpanjiyar

Secondly, lets say that I invested 1 lakh in various companies (say 5/6). And today the invested amount become 1,30,000. Now in the correction if it comes to level of say 1,07,000 (down 23000 by about 17.7% of 1.3 lakh), I will sell everything and get out preserving my capital. I know there will be lot of criticism of this amateur approach but I wont mind. I am happy with my simple rule. I reiterate i am a very conservative investor and not a professional trader or alike.

Hope I had answered your query.

cheers,
nkpanjiyar

NKP
So what if others criticise your amateur approach (as you call it) ... as long as you consistently make profits

But that's the key word... consistently.

From my experience (and I've been in the markets for donkeys' years), just a couple of disastrous phases ... even as brief as a week or two of unexpected turns in the market... can wipe out years of steady profits.

So my friend, count yourself lucky that you did not get caught in the May 04 crash (many of us did) , for that was one correction when your strategy ( accumulate on 5 % dip and EXIT on 18 % dip ) could have been calamitous !

Meantime, let those lakhs roll in ... and dont let minor corrections bother u

AGILENT

By the way , what is your strategy for the bear market, if and when that arrives ( see link ... look for trend between 2000 -2002 in particular ...you had not entered the market then, fortunately) ?http://finance.*****.com/q/bc?s=%5EB...=on&z=l&q=l&c=
Reply With Quote
  #97  
Old 15th March 2006, 04:18 PM
Member
 
Join Date: Feb 2006
Posts: 84
Thanks: 0
Thanked 0 Times in 0 Posts
jntrade is on a distinguished road
Reputation: 20
Default Re: 1 LAKH Profit in Portfoilo !!!

Dear Agilent!
Happy to hear from you that you are in the market for a long time.I just looking for some one like you to get an idea about entering market these time.Unfortunately,I now thinking I came late in this market.It seems to be on top of mount everest.I want to be full time in market.what is your view?Enter, short in derivatives, or wait for next up or down move?I want to look it on a monthly-quarterly basis!
Thanks
Reply With Quote
  #98  
Old 15th March 2006, 09:16 PM
Member
 
Join Date: Nov 2005
Posts: 831
Thanks: 0
Thanked 1 Time in 1 Post
Agilent is on a distinguished road
Reputation: 21
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by jntrade
Dear Agilent!
Happy to hear from you that you are in the market for a long time.I just looking for some one like you to get an idea about entering market these time.Unfortunately,I now thinking I came late in this market.It seems to be on top of mount everest.I want to be full time in market.what is your view?Enter, short in derivatives, or wait for next up or down move?I want to look it on a monthly-quarterly basis!
Thanks
JNTrade
Well I believe in a 'bottoms up' approach .. i.e spot individual scrips with some underlying story ( e.g. a turnaround, or sharply better prosepcts) ... which will remain largely immune to market ups and downs

Sorry I cannot predict market trends (Sensex , or Nifty) with a reasonable degree of accuracy or consistency, so I dabble in nifty options very occasionally. Pl take guidance from others for this approach... there are lots of experienced traders on this forum

AGILENT
Reply With Quote
  #99  
Old 16th March 2006, 12:05 AM
Member
 
Join Date: Feb 2006
Posts: 84
Thanks: 0
Thanked 0 Times in 0 Posts
jntrade is on a distinguished road
Reputation: 20
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by Agilent
JNTrade
Well I believe in a 'bottoms up' approach .. i.e spot individual scrips with some underlying story ( e.g. a turnaround, or sharply better prosepcts) ... which will remain largely immune to market ups and downs

AGILENT
Thanks Agilent
I want to be both trader and invester. So that as a trader I can make money from both upside and down side movements of the market.As an investor i can make money from strong scrips as you said,which has strong fundamentals and better upmove for a medium to long term.I see the october correction,and found scrips plunging down sharply as nifty goes down.Of course all of them came to previous levels along with nifty.But if that was a bear rally then...?what will happen to our fundamentally strong scrips during that long rally any chance to swim against the currents?IF you or Nk has this experience please help me
Reply With Quote
  #100  
Old 16th March 2006, 08:52 AM
Member
 
Join Date: Nov 2005
Posts: 831
Thanks: 0
Thanked 1 Time in 1 Post
Agilent is on a distinguished road
Reputation: 21
Default Re: 1 LAKH Profit in Portfoilo !!!

Quote:
Originally Posted by jntrade
Thanks Agilent
I want to be both trader and invester. So that as a trader I can make money from both upside and down side movements of the market.As an investor i can make money from strong scrips as you said,which has strong fundamentals and better upmove for a medium to long term.I see the october correction,and found scrips plunging down sharply as nifty goes down.Of course all of them came to previous levels along with nifty.But if that was a bear rally then...?what will happen to our fundamentally strong scrips during that long rally any chance to swim against the currents?IF you or Nk has this experience please help me

jntrade
I am confused ... surely you mean reaction , and not rally.
On these threads there is no scope to go wrong with the jargon , else your query gets misinterpreted.

PL clarify
AGILENT
Reply With Quote
Sponsored Links

Reply

Bookmarks


Advertise Here


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads for: 1 LAKH Profit in Portfolio !!!
Thread Thread Starter Forum Replies Last Post
SBI Q3 net profit beats forecast TATrader Current Affairs 1 15th October 2005 10:02 PM
PROFIT - The new business channel from NDTV TATrader General Chit Chat 9 28th January 2005 09:32 PM
Gujarat Ambuja July-Sept net profit jumps TATrader Fundamental Analysis 0 20th October 2004 04:10 PM
Bajaj Auto Q2 profit down TATrader Fundamental Analysis 0 20th October 2004 04:08 PM
Infosys record strongest profit growth in three years TATrader Current Affairs 0 12th October 2004 08:11 PM


All times are GMT +5.5. The time now is 02:08 PM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.MasterOfTrading.com