Dear All,
I am very new to share market. After entering into share market I found that there are somany terminologies and confused what to to how to do. So first started account 1 year back and created portfolio for myself for long term. Slow started trading and lost some money in intraday. All my portfolio picks are recommended by Great Analysts in tv's and brokerage houses. Some of the stocks become double and came back to same place in very short period and some of the stocks moved to 200%. So again confuse whether to hold or sell. Slowly started different strategies like sell 50% after double so the remaining stocks will be free. No need to worry whether it will increase or decrease. Again most of the stocks moved to 75% and before i sell came to same position. Then changed my strategy again to sell 75% of stocks when it reach to 150% so that remaining 25% of stocks are free. It is still going and not found exact position where and when and how to sell. Ok regarding portfolio: I removed all stocks which are double and sell 50% so that i don't get tempted to sell them again if it become again double. I always track those stocks which are moving above 50% closely then suddenly i am selling some percentage of shares where remaining stocks are free for me or with least price like the stock of 100Rs become 20 rs for me.
Previously analysts use to say that if you take more shares you will get confuse and will become difficult to monitor. But in modern days even if you take 365 stocks you can monitor them with technology of excel or mobile apps. it will display highest returns stocks in top as order. so you can decide which stock you need to delete. if you sell based on this analysis very soon you will get 365 stocks for free. so in year there are 365 days and you have 365 stocks for free. After that it is upto you whether you are enough capable to do the same for through out your life or stop at some age.
Advantage with above strategy is every day you will get dividend of some share. So the like rain money will flow into your account. Now the important thing is whether you want to utilize that amount or purchase same shares with that money so that you will get dividend on those shares also. for example you have 100 shares and you got 2 rs dividend of each share, so 200 rs. do you want to purchase two shares so that you will get dividend for 102 shares next month. It is depending on person to person and his financial capacity to take decision for further. if you don't want money for present i will prefer second option as the money rain will come to your children and their children.
Disclaimer: All the above specified points are my personal views. Don't take any decision without contacting your personal financial adviser. I will not be responsible for your loses or gains. At present i don't want anybody's feedback as i am in study stage. Very soon i will post my personal portfolio and then i may require suggestions on what to sell and what to keep.
SuryaChakra - Technical Lead in Software industry.
I am very new to share market. After entering into share market I found that there are somany terminologies and confused what to to how to do. So first started account 1 year back and created portfolio for myself for long term. Slow started trading and lost some money in intraday. All my portfolio picks are recommended by Great Analysts in tv's and brokerage houses. Some of the stocks become double and came back to same place in very short period and some of the stocks moved to 200%. So again confuse whether to hold or sell. Slowly started different strategies like sell 50% after double so the remaining stocks will be free. No need to worry whether it will increase or decrease. Again most of the stocks moved to 75% and before i sell came to same position. Then changed my strategy again to sell 75% of stocks when it reach to 150% so that remaining 25% of stocks are free. It is still going and not found exact position where and when and how to sell. Ok regarding portfolio: I removed all stocks which are double and sell 50% so that i don't get tempted to sell them again if it become again double. I always track those stocks which are moving above 50% closely then suddenly i am selling some percentage of shares where remaining stocks are free for me or with least price like the stock of 100Rs become 20 rs for me.
Previously analysts use to say that if you take more shares you will get confuse and will become difficult to monitor. But in modern days even if you take 365 stocks you can monitor them with technology of excel or mobile apps. it will display highest returns stocks in top as order. so you can decide which stock you need to delete. if you sell based on this analysis very soon you will get 365 stocks for free. so in year there are 365 days and you have 365 stocks for free. After that it is upto you whether you are enough capable to do the same for through out your life or stop at some age.
Advantage with above strategy is every day you will get dividend of some share. So the like rain money will flow into your account. Now the important thing is whether you want to utilize that amount or purchase same shares with that money so that you will get dividend on those shares also. for example you have 100 shares and you got 2 rs dividend of each share, so 200 rs. do you want to purchase two shares so that you will get dividend for 102 shares next month. It is depending on person to person and his financial capacity to take decision for further. if you don't want money for present i will prefer second option as the money rain will come to your children and their children.
Disclaimer: All the above specified points are my personal views. Don't take any decision without contacting your personal financial adviser. I will not be responsible for your loses or gains. At present i don't want anybody's feedback as i am in study stage. Very soon i will post my personal portfolio and then i may require suggestions on what to sell and what to keep.
SuryaChakra - Technical Lead in Software industry.
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