Years ago,people who sacrificed their sleep,family,food,laughter & joys of life were called Soldiers!!!!
Circa 2008,but now they are called "Shareholders and Investors" - received via SMS.
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27 comments :
Happy Diwali genius, RM, Cheema and all who visit this blog!
rm: chamblfert is still trading over my buy price! It could be a speculative stock tho, I can't say it's the best value going around at this Nifty level.
uma,
looks like rmbhai,has gone underground for safety from falling mkts....
calling roger,roger where are u!!
genius, today I'm doing delivery buying!
genius, what happens tomorrow I do not know, but I bought a mininifty today SL 2200
uma,good decision of buying nifty...but do keep trailing stoploss of 2450 to 2500....
i m afraid of giving any more money to my broker...since he might go broke with my money!!!
i will wait for my fav's ifci's,rnrl,rpl's... to bottom out..LOL
uma:
Happy Diwali. Chambal fertilizer is on steroids!
Jaggubhai: It is slightly difficult for me to go underground in a vertical position (I am too tall!) And market has not fallen enough to make me go horizontal!
uma:
I too wanted to buy a mininifty but could not gather enough courage!
rmbhai,
see how life comes full circle...
i had bought ifci at average Rs.13(it was very lucky for me) sold average of Rs.85(highest being Rs.107 and last lot at Rs.75 some thing ) after 1 year i am buying at same previous buying price..LOL...
Circle of life - by elton john
lyrics is beautiful...can be literary plotted against some stocks charts...
here it goes likes this.....
From the day we arrive on the planet
And blinking, step into the sun
There's more to see than can ever be seen
More to do than can ever be done
There's far too much to take in here
More to find than can ever be found
But the sun rolling high
Through the sapphire sky
Keeps great and small on the endless round
It's the Circle of Life
And it moves us all
Through despair and hope
Through faith and love
Till we find our place
On the path unwinding
In the Circle
The Circle of Life....
oops sorry..its after 2 years..same price not 1 year..LOL...
jaggubhai:
market ne to aapki poetic spirit ko jaga diya! Bear market ke kayi fayde hain!
Oh genius! I love that song thank you for writing it here. I agree with the trailing stop, but for now it's too early to revise it so I'll keep it at 2200. If it gets triggered I will stay off BIG TIME!
rm: Walk tall my bullish pal! Oh by the way, I have down-averaged my Tata Steel by buying today (normally I down-average by selling it and then buying it back rofl)
rm: lekin mera poetic spirit mar raha hai, uska kya?? :(
rmbhai,
ALL time has some benefit...in bull mkt,we make money,in bear(rrr!!!) mkt we distribute money we earned during good times....
in bull mkt...we ignore our creativity and humour...focus on more profit...
in bear mkt...we ignore our loss...we focus on our skills ;)
hai na bolo bolo...
uma,poetic spirit mar gaya??jago poet jago ...hope he wakes up atleast now... haa haa...
Dow in green...atleast now. Not that it makes any difference...
jaggu bhai...now my inner poet will wake when bulls wake up rofl.
rm: Tell your builder to put some nice extras for you - for instance, oil painting if you opted for distemper. Just look in your contract and see what you can negotiate! Heck, some benefit should surely be passed on to you (for the falling price of cement, steel etc)
jaggubhai:
ekdam sahi baat karte hain aap. Ho sake to jhoothe bullish chart banan shuru kar dijiye. Shayad market apke charts ko dekh kar bullish rah pakad le!
uma:
Research reports suggest that poetic spirits are awakened when a bull's soul is taken over by bear as has happened with genius! But if I remember correctly you were earning truckloads of money in bullish phase by shorting reliance during those minor downticks. This being a case of bear's soul replacement has resulted in downturn in poetic spirits! Ye neem-hakeem ka diagnosis hai! You could try appeasing the spirits by sacrificing a bull - I suggest demolition of the bull in front of bse. Outsourcing this job to FIIs may be a good idea!
It is my bro-in-law's house, not mine. He may be expecting an oil painting from me on his house warming! Time I earned some money from market!
rm: I see! THAT is a good idea- outsourcing bull demolition to FIIs - they made a fine job of it on Dow was well rofl.
As for trading...I will only make money when I stop jumping in and out of positions.
You will surely make money from the market rm! But personally I feel we both have to get rid of that investor mindset. Tata Motors never made anyone rich even in the bull run days. Go where the money is! And if you must be an investor then go for dividend paying stocks.
uma:
Ekdam right! Investor mindset is hampering earnings from market.
Probably a mix of investment and trading (60/40) would be better for making money.
rmbhai and uma,
trust me... we can never make money if are investor and trader simultaneously....since we will distributing the profits from one to the other one....
so its better to do,wat one is comfortable in doing and where one's money is coming from....
like uma is good in trading...she can do trading fast and make profits...whereas i cant make money for myself unless..i am my own broker...
but for me, i am in short term investing...like 2-3 months time frame...where i m slow as turtle in buying the stks.... but quick as rabbit in selling them for a good profit...
by the way..rmbhai,u can practice water/oil or even distemper painting...with uma's nephew ..he shud be willing to share his paint box with u... ;)
jaggubhai:
That is a good one! Learning painting from uma's nephew and saving on the cost of paint too! Well one issue is resolved, the oil painting will be ready well in time for the house warming.
I like your turtle and rabbit approach. Mine is also the same but the other way round. Buying is like rabbit but selling is like turtle!
Do you study price pattern and technicals when buying, selling or pure gut feeling or a combination?
rmbhai,
i buy when ticker tells me..pssh...secret...i put buy order less than mkt price... if it does not executes at that price...i modify buy order to mkt price...and bingo..i have profits from 1 second.. selling is easy... just let the quote price not to move for 5 mins or an hour..there goes my sell order... no technicals nor guts...LOL..
by the way, this method works...75 percent of the trades i done in profit...
rm, genius: With all our bullish blessings Nifty is taking off!!
RM buy Unitech, now even the investor in you will be happy to buy it.
genius: I say, trade like an investor when you're in profit (that is, be patient) but get out like a trader if your the market is crashing. Hai na genius??
uma:
the investor in me is holding unitech since 120 levels (2006). Recently down averaged at 50 and 30, but sold of some the very next day at 40 (like a trader!)
"trade like an investor when in profit but get out like a trader when market is crashing." Real genius!
jaggubhai:
aaj se title change, now you are turtlejaggu and uma is geniusuma!
rm: you and genius always make me feel like a million bucks!! And aejaz and cheema also. Kuch log aise hon, insaan ki zindagi mein, toh aadmi chandrayaan ke bina taare choo sakta hai! :)
* off to bed with a big grin on my face *
rmbhai,
turtlejaggu..RFOL.... by the way how abt buying nifty now at 2700 levels????
but...it can also fall to 1800..LOL...
uma,
mention not...we are always with u...
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