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| Discuss New Intermed Uptrend!! at the Position Trading Stocks within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by coljaspal Thanks Satya, Jaspal U r Welcome, Sir Satya... |
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#1203
17th October 2005, 11:19 AM
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Re: New Intermed Uptrend!!
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I presume you are shorting in the futures??If so,take 1/3 off here.....Great trade.Put some in your pocket. Saint 
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#1204
17th October 2005, 11:21 AM
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Re: New Intermed Uptrend!!
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#1205
17th October 2005, 11:42 AM
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Re: New Intermed Uptrend!!
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I have BEML 20 bought @ 903.50  Ranbaxy 10 bought @ 509.90 Maha Seaml 10 bought @ 448.95 Infy 5 bought @ 2615.00 Now, I just don't know what to do with these... Loss is too much to take and just waiting in hope that markets will bounce back again. Deepak JS
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#1206
17th October 2005, 04:07 PM
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Re: New Intermed Uptrend!!
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Agree with you,my friend,friendlier and more personal........so Jaspal it is. Thank you for your warm remarks...........and I enjoy reading your posts as well over at the MF Discussion Forum. All the best! Saint
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#1207
17th October 2005, 04:10 PM
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Re: New Intermed Uptrend!!
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 Great to know that you are making money during these times........Saint
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#1208
17th October 2005, 11:00 PM
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Re: New Intermed Uptrend!!
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Hi deepak, I understand how it hurts. But friend you have, as for as my knowledge goes invested wisely. All the stocks are good funda-mentaly. (though market is mental) I brought 1350 shares of Tata chemicals (on my brokers recomendation) @205.25 and 2400 shares of escorts @101, when sensex was @8700 levels. Have you seen the levels today? Was forced to sell tata chem @194. Escorts I came out of it @84 today since everyone is saying it may comedown further and I am thinking of re-entering it at some further low level. So pl.feel little good there are people like you who are suffering more losses emotionely, financialy. But tell you onething when I booked this heavy- loss in escorts today strangely, surpricingly I was relaxed, because Now I knew my loss. Than blindfolded for next trading day in further anticipation and anguish.Now I may re-enter it on a decline or I may enter someother stock which is strong, now decision is mine not the markets. Yes it hurts, to learn this I have lost so much money, which I may or may not earn. But for now I have to accept it, no other way. So take courage listing to fools story like mine  People do need bad examples like mine how not to trade, or perhaps I am thinking of opening a thread "how to vanish your capital in a few trades" any takers??? perhaps sponsorersBye friend can not write more, usha
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#1209
18th October 2005, 08:19 PM
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Re: New Intermed Uptrend!!
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Ouch on the Escorts.........thought you were out a long time back! Don't worry.........treat this as tuition money that we with all gratitude pay to the market for teaching us lessons in how to handle the market. And as for the broker's recommendations............A broker is he who passes your orders on,is sort of a middleman between the market and you.He is not the brain behind the trade,you are........the day you make him the brains behind the trade,then the broker becomes he who makes you broke,broker,brokest (although such words dont exist!)in minimum time with maximum efficicency. So that's a lesson learnt...........so far you are doing great,Usha on the path to Trading Mastery,although you may not exactly feel like it right now.......but you're coming along just fine. Great going! Saint
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#1210
19th October 2005, 11:11 AM
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Re: New Intermed Uptrend!!
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I do not think you are a bad example at all. Look at me after all my losses, yesterday again I bought HDFC Bank 10 @ 656.84 and Bharat Forge 10 @ 325.20. Now, the markets are going crazy and my keyboard burning!!!! I'm even more worried and cursing myself... Moreover, I was working in a MNC and earning 25 - 30K. I have recently resigned, and all I have is my PF money and some savings. But I would like to quote Saint: Don't worry.........treat this as tuition money that we with all gratitude pay to the market for teaching us lessons in how to handle the market. So that's a lesson learnt...........so far you are doing great,Usha on the path to Trading Mastery,although you may not exactly feel like it right now.......but you're coming along just fine. Saint AMITBE Supratik you guys are my guru's. I get lots of courage and I am sure one day I will be a winner. Now, almost everyday I am sitting in front of my PC till 3 - 4 am in the night and learning fundamentals and technicals. I am buying every business news papers and magazines. I am closely studying the quarterly results of all the companies, calculating EPS, PE, BV... and I am overwhelmed!!! So, Usha... let us not be fools... I am sure one day we will be winners!!! Regards Deepak JS
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I still have stocks brought @ higher levels. can't book loss because it will be too much. I really donot know what to do. Left everything to the time to decide.
