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Teach A Man To Fish And.........

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  #1111  
Old 23rd January 2008, 06:50 PM
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Default Re: Teach A Man To Fish And.........

Quote:
Originally Posted by digest View Post
thanks saint,
well basically i have been investor and not a trader
but recently i have entered market as a trader.

so you recommend that even investors should stay away?I want o invest 10% of my investment amount in this phase is it recomended? i mean this week.
Hi Digest,

Wrong person to ask an "investor" question actually......I trade long term charts as well,holding some for months to years,but they are not the buy-hold-forget about it variety.When previous pivots crack,and this bull market from 2003 is over,I am out.No real idea about company news,fundamentals,pe ratio,etc.........you ought to ask others here for some info on that matter.

Quote:
I am not into impulsive buysell thing.if i make loss i can hold it for long (1-2 years.
Once again,have no idea about how the investor guru's advice would be........but frankly,common sense wise,the line above is fraught with danger.

We are in a trade for profits,investor or trader......We reach our target,or we have an area where we say enough is enough.Why would you enter into a counter at Rs100 looking to make profits and exit at RS120,and then on not achieving that.......why would you allow this counter go down to Rs50,and then wait 2 years,hoping and praying that you will get your money back??!!

Not saying that you buy and sell crazily......but saying that you must have that point after which you refuse to take any more nonsense from that stock.Waiting 2 years,you lose money,time,energy,confidence,gastric lining,sleep.....and if it keeps sinking and you are invested heavily,then probably,your account,marriage and house as well!!


Quote:
i understand no one can predict anything about market anytime and this stage is again riskiest one.

after Fm speech do you think market will improve and LIC, UTI and other mutual funds will do the buying now ina day or two? they have lots of cash reserves?

or should we buy mutual funds?
Markets fluctuate,they go up and down.......at present we are still very much in a primary uptrend,undergoing an intermediate downtrend.Is the Bull Market still on?Very much......Is it time to buy into Mutual Funds?Why not.....As in all uptrends,we buy declines,which is what we are experiencing right now.

All the best!
Saint
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  #1112  
Old 23rd January 2008, 06:56 PM
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Default Re: Teach A Man To Fish And.........

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Originally Posted by digest View Post
sorry if i have asked this question again but last time question was from trading point of view and now for investment .
No problem at all.....

Saint
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  #1113  
Old 23rd January 2008, 11:06 PM
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Default Re: Teach A Man To Fish And.........

Hi Saint,

Concise, Precise, Lucid........As Usual.....WOW!

Just Wanted Say...Hi


SavantGarde
  #1114  
Old 23rd January 2008, 11:18 PM
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Default Re: Teach A Man To Fish And.........

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Originally Posted by SavantGarde View Post
Hi Saint,

Concise, Precise, Lucid........As Usual.....WOW!

Just Wanted Say...Hi


SavantGarde
Hi there Savant....thanks for those kind words,my friend.

Am a silent participant in your threads as well......great going!

Saint
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  #1115  
Old 23rd January 2008, 11:53 PM
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Default Re: Teach A Man To Fish And.........

thanks saint,
i got ur point.
thanks again
  #1116  
Old 24th January 2008, 12:05 AM
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Default Re: Teach A Man To Fish And.........

Quote:
Originally Posted by digest View Post
thanks saint,
i got ur point.
thanks again
Most welcome,Digest!

Saint
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  #1117  
Old 24th January 2008, 12:26 AM
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Default Re: Teach A Man To Fish And.........

Right.......hope I haven't left any question unanswered.If so,plz direct me to it.

Let's get back to looking at charts.....

Saint
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  #1118  
Old 24th January 2008, 01:27 AM
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Default Re: Teach A Man To Fish And.........

Quote:
Originally Posted by Saint View Post
Thanks for all the warm remarks......if not said before,a Warm Welcome to Traderji.

Yep,can get confusing at times.

Broadly speaking,never ever disrespect the longer time frame that you keep for maintaining perspective.

But,to clarify further,let us get to individual charts ......nothing like eyeballing the charts for clarity.

If you don't mind,let me answer all queries first...

All the best!
Saint
never mind whenever u feel convinient pls discuss.
Regards.
  #1119  
Old 24th January 2008, 01:40 AM
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Default Re: Teach A Man To Fish And.........

Quote:
Originally Posted by sillu_m View Post
never mind whenever u feel convinient pls discuss.
Regards.
Still hunting for a good one......then we can discuss time frame trading.

Saint
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  #1120  
Old 24th January 2008, 01:46 AM
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Default Re: Teach A Man To Fish And.........

Quote:
Originally Posted by Saint View Post
Still hunting for a good one......then we can discuss time frame trading.

Saint
yes my friend........first let me know the basic time frames to read a day chart(intra).......1min, 3min,15min.......etc.
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