Day Trading Stocks & Futures

[tradermodified]

https://economictimes.indiatimes.co...es-of-wipro/articleshow/50938848.cms?from=mdr

Rs 100 at that time was not a small amount and it was not easy to sell it at a loss. So I decided to hold the share,” Jain said. Azim Premji would transform Wipro into a global IT services company.

The worth of that Rs 100 share, after adjusting for splits and bonuses, is now Rs 5.5 crore.

stories from Village is same as below for coca-cola

http://alphaideas.in/2020/10/19/coca-cola-millionaires/

ahh!!
CocaCola
Was the owner of CocaCola, a sweet nimbu pani (shikanjavi) seller (Courtsey RaGa)

 

[Romeo1998]

https://economictimes.indiatimes.co...es-of-wipro/articleshow/50938848.cms?from=mdr

Rs 100 at that time was not a small amount and it was not easy to sell it at a loss. So I decided to hold the share,” Jain said. Azim Premji would transform Wipro into a global IT services company.

The worth of that Rs 100 share, after adjusting for splits and bonuses, is now Rs 5.5 crore.

stories from Village is same as below for coca-cola

http://alphaideas.in/2020/10/19/coca-cola-millionaires/

i had once read abt one of the princes of saudi arabia, he had done phd in economics n had a very simple strategy of becoming rich or never becoming poor, he had a wall full of certificates in his office, those were share certificates of all the strong companies from all the indices of the world, he said these r all rich n strong people, it is unlikely that they will become poor, they will only become richer n i m a part of their company so i will also become richer

 

[Dr. Jan Itor]

Chemcon toh jhaanki hai, Route Mobile abhi baaki hai...
May be big players taking profits off (30 days statutory selling ban for some investor categories) ... or may be its a trap for retailers... I can't make head or tail, especially in such a new stock...

Rallied 18% since my comment... Boy was I gloriously wrong in Route... 830 today...

 

[TracerBullet]

https://economictimes.indiatimes.co...es-of-wipro/articleshow/50938848.cms?from=mdr

Rs 100 at that time was not a small amount and it was not easy to sell it at a loss. So I decided to hold the share,” Jain said. Azim Premji would transform Wipro into a global IT services company.

The worth of that Rs 100 share, after adjusting for splits and bonuses, is now Rs 5.5 crore.

stories from Village is same as below for coca-cola

http://alphaideas.in/2020/10/19/coca-cola-millionaires/

Survivor bias, these are feel good stories, but we need skills along with emotional resilience to be justified and to be able to hold a stock for long time. There would be many reverse examples too. From sky to ground. These kind of stories along with too much obsession in looking at recent strong stocks/assets ( or even vv and call it value) can lead to FOMO in amateurs and which make them targets for pump and dump type of stocks.

 

[Dr. Jan Itor]

What is Wipro buyback record date, anyone, please?

 

[siddhant4u]

Survivor bias, these are feel good stories, but we need skills along with emotional resilience to be justified and to be able to hold a stock for long time. There would be many reverse examples too. From sky to ground. These kind of stories along with too much obsession in looking at recent strong stocks/assets ( or even vv and call it value) can lead to FOMO in amateurs and which make them targets for pump and dump type of stocks.

true. for one wipro there are hundreds of rcom/suzlon/rpower

 

[Dr. Jan Itor]

true. for one wipro there are hundreds of rcom/suzlon/rpower

but even if you select 100, lose all money on 99 and get only one right, it is still tremendously profitable...

 

[Sidz]

but even if you select 100, lose all money on 99 and get only one right, it is still tremendously profitable...

In that case the moment your 100 becomes 9900 i.e. covers all losses incurred due to failure of other stocks to deliver, you sell your winner in a hope to make up for the loss and also partly because your confidence shakes up because of 99 other losses.

 

[travi]

Airtel moving faster then when it was going down + 7%

 

[Raj232]

Did anybody notice the Banknifty low: