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| Discuss ???book Loss at the Stocks & Shares within the Traderji.com - Discussion forum for Stocks Commodities & Forex; HI, kindly tell me what do u meanby BOOK LOSS . i have quite a few ... |
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#1
10th May 2006, 10:00 PM
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???book Loss
HI,
kindly tell me what do u meanby BOOK LOSS  .i have quite a few shares of GUJARAT AMBUJA EXPORTS bought at around rs. 28. the value is down to around 25  . i wanna sell them but first i wanna know what do u mean by book loss and does it apply to my case .
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#2
10th May 2006, 10:12 PM
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Re: ???book Loss
Quote:
When the share of the price increases compared to the rate of at which it is bought and when you sell at higher price, you book profit and similarly when you sell any share which is less than the price at which you bought that share, then you book loss.. I think this is wht you wanted to know.plz correct me if i misunderstood your question... Regards mohammed bin haid
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#4
11th May 2006, 12:03 AM
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Re: ???book Loss
Quote:
If you are not trading online and do it through phone terminal which i suppose you dont, then you need to call your broker to square off your positions. Regards Mohammed Bin Haid
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