My trading scratchpad

#1
I am just logging my trades.
Please suggest if you see any wrong stock in my portfolio for short term(2-3 months). My target is to earn 5% from my portfolio . I will be buying stocks on monday/tuesday

My trades for a short term basis-

1) Andhra Bank
2) spice jet
3) Kingfisher airlines ( I know most people will tell this is a wrong stock)
4) Alok industries
5) JP Power
6) MMTC
7) Suzlon (Most people hate this stock, so can be a wrong choice but anyway i will be buying this)
8) MMTC

My strategy is whenever any stock will rise to 10% i will sell it and if the stock loses more than 20% i will still sell it ( :( )
 

smartcat

Active Member
#2
This is a classic "Water the weeds, cut down the flowering plants" strategy. It's more logical to hold stocks that go up 20%, and sell stocks that go down 10%.

Trade small, please!

While you are trading, read up on technical analysis. Soon, you will have a proper trading strategy.
 
#3
This is a classic "Water the weeds, cut down the flowering plants" strategy. It's more logical to hold stocks that go up 20%, and sell stocks that go down 10%.

Trade small, please!

While you are trading, read up on technical analysis. Soon, you will have a proper trading strategy.
Hi smartcat,
the thing is it is working for me....this is actually swing trading. Whenever the stock on which i have booked profits again reaches the same level, i can always buy.
 
#4
Please let go of position in L&T. At 925.15 It seems to be rigged by market players.

Short sell, put or write calls. I feel 770 - 800 are good resistances for the downward slip.
 

rh6996

Well-Known Member
#5
Please let go of position in L&T. At 925.15 It seems to be rigged by market players.

Short sell, put or write calls. I feel 770 - 800 are good resistances for the downward slip.
Dont you think there maybe some juice still left in LT? Look at the volumes with which it has risen in last two days !
Maybe someone with Intraday charts can give us some Trailing Stop Loss level !?
 

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