Day Trading Stocks & Futures

[TraderRavi]

After a large trending move , there is always a giveback period which kills traders who are overleveraged .

dholing karte karte sahi baat keh gaye vikas babu . after good move in sep/oct there were such periods in nov and then mid dec to jan.

 

[sridhga]

deleted

 

[sridhga]

Today my portf goes home with quite a big single day dent :|

banks, nbfc, amc & insurance, all in one basket.

At one point of time 50% of my portfolio was VST Industries. I had seen single day drop of Rs. 10 Lakhs. That was when taxes on cigarettes was raised steeply. I used to celebrate those days, call my relatives and tell them my porfolio dropped by so much. My excitement was mainly because I added more shares on those days.

Let me tell you, later, I had seen a single day Increase of Rs. 20 lakhs in my portfolio due to the same share. I exited VST long time ago. Now I don't own any sin companies.

I am just sharing my experiences. What I want to tell is that this may prove to be a blessing in the long run.

Now let me also share my view.

But is this comparable to Financial Services industry of today? I do not know. I personally do not have a great opinion on India's Financial Services Industry. I may differ on this matter with many others on this forum. I believe that industry may have to go through a lot of pain going forward. I may be wrong as well. So, maybe you should diversify into contra sectors like consumer/pharma?

Unsolicited opinion? Please ignore it, then.

 

[travi]

At one point of time 50% of my portfolio was VST Industries. I has seen single day drop of Rs. 10 Lakhs. That was when taxes on cigarettes was raised steeply. I used to celebrate those days, call my relatives and tell them my porfolio dropped by so much. My excitement was mainly because I added more shares on those days.

Let me tell you, later, I had seen a single day Increase of Rs. 20 lakhs in my portfolio due to the same share. I exited VST long time ago. Now I don't own any sin companies.

I am just sharing my experiences. What I want to tell is that this may prove to be a blessing in the long run.

Now let me also share my view.

But is this comparable to Financial Services industry of today? I do not know. I personally do not have a great opinion on India's Financial Services Industry. I may differ on this matter with many others on this forum. I believe that industry may have to go through lot of pain going forward. I may be wrong as well. So, maybe you should diversify into contra sectors like consumer/pharma.

Unsolicited opinion? Please ignore it, then.

Nah, nothing to ignore.

Its generally a right thought process that you've noted. I've enough diversification, in all sectors. Last time, I was a bit slow in deploying. Then had to average a bit higher than what i'd have liked
A T1 became T2 for liq fund redemption but overall still +ve even after today and few more days also.
Enough firepower to deploy on dips, bcos we're booking on rallies too.

 

[man.i]

Its has been a month since the Great Fall of Mar23.
Monthly returns of few companies since Mar23.

RUCHI 150%
AUROPHARMA 113%
GRAPHITE 110%
GMMPFAUDLR 85%
IFBIND 80%

Disclaimer : Not an investment suggestion. I do not hold any of these stocks.

 

[raju.vzm]

Any gold ETFs to suggest. Any important points to know about these ETFs before investing?

Sent from my Realme1 using Tapatalk

 

[travi]

Any gold ETFs to suggest. Any important points to know about these ETFs before investing?

Sent from my Realme1 using Tapatalk

all are fine since i last checked. Biggest problem is of liquidity so I would rather choose based on good traded volume.
Thats why I use Goldbees .
Any other Advantage ? goldbees used to be equivalent of 1gm, but now its 1/100 of a gm so it is more liquid and u can buy/sell in smaller fractions too.

 

[TraderRavi]

big resistance $18 in crude not breaking.

 

[Tuna]

big resistance $18 in crude not breaking.

Crude ka naam sun ne ko mila. Kaun bola?

 

[moneymanager1980]

slowly many fingers pointing china .. who know where it will end......