[BaCkSeAtDrIVeR]

Originally Posted by Equus

PS: I didnt invest in it - still believe India will provide the best returns over next 8 - 10 yrs.

Of course - ditto for me; but just wanted to know what exactly is possible.

[g.nox]

I started my voyage in this world when market was going well around 6 months back. It started when I got some stocks as bonus from my company. Then got inspired from one of my senior colleague who was making good profit in the market. Initially the strategy was to sell the stock if you have made some money in it else keep it for long term

Now all my shares are in dark Red. But from my inside I get very strong feeling to invest in stocks instead of MF's and as market has gone down, I want to invest in it again.

I want some advice from the experts in this, what would be the best way to proceed.

Thanks in advance.

[Equus]

Originally Posted by g.nox

I started my voyage in this world when market was going well around 6 months back. It started when I got some stocks as bonus from my company. Then got inspired from one of my senior colleague who was making good profit in the market. Initially the strategy was to sell the stock if you have made some money in it else keep it for long term

Now all my shares are in dark Red. But from my inside I get very strong feeling to invest in stocks instead of MF's and as market has gone down, I want to invest in it again.

I want some advice from the experts in this, what would be the best way to proceed.

Thanks in advance.

Assuming you are long term investor, hang in there.. The India growth story is very much intact. You should look at the recent bloodbath as an opportunity to buy - its like Stocks on SALE. Do your research and invest regularly (SIP is best bet). Patience is key - there is no such thing as timing the market but rather its a function of time in the market. People often get impatient and take losses.

UPA-2 was expected to go offensive on some reforms, but they are sitting ducks. In my books, Manmohan Singh will go down only as the best FM, not the best PM.. Very sad.. Very very sad.

[BaCkSeAtDrIVeR]

Originally Posted by g.nox

I started my voyage in this world when market was going well around 6 months back.

So?

It started when I got some stocks as bonus from my company. Then got inspired from one of my senior colleague who was making good profit in the market. Initially the strategy was to sell the stock if you have made some money in it else keep it for long term

Beg your pardon? Where is the strategy here? Nobody ever made a profit by buying high and selling low.

Now all my shares are in dark Red. But from my inside I get very strong feeling to invest in stocks instead of MF's and as market has gone down, I want to invest in it again.

Wait aminit. Please check the prices again. Are they still in the red? I do not think so.

:-D

Frankly, markets swing. And sway. if you allow your heart to jump and sag in tandem, you will obviously lose your shirts and shorts.

YOu made 10 mistakes there. (probably more - seniors here will point them out)

Your first mistake was that you did not have a strategy. The second mistake was that you "followed a 'blind man's' advice". Third mistake was that you did not have a strategy. Fourthly, you did not have your own idea of what to do. Fifthly, you did not have a strategy. Fifthly you followed other's advice. Sixthly, you followed others' advice. Seventh, you .....

well .. do you get the idea?

There is no short cut - good understanding of macro economics of the market, microeconomics of the company and its business, a sound understanding of the market sentiment and fundamentals of the companies you want to invest in. You need to develop those skills. Select between 10 to 30 companies (more or less - depending on you capacity), and follow them closely for about 5 years. Add and drop them as you feel them out of sync with your objectives.

You are ready to invest when you feel that if you feel confident that you can answer if somebody when asks you "what is DSCR (debt service coverage ratio) of company x". Or what is the 30 DMA of company Y.

Even with MFs, you need these skills - since all MFs publish shares held by them.

BTW, we have a separate thread for MFs -- if that is what will make you comfortable.

[g.nox]

Originally Posted by Equus

Assuming you are long term investor, hang in there.. The India growth story is very much intact. You should look at the recent bloodbath as an opportunity to buy - its like Stocks on SALE. Do your research and invest regularly (SIP is best bet). Patience is key - there is no such thing as timing the market but rather its a function of time in the market. People often get impatient and take losses.

UPA-2 was expected to go offensive on some reforms, but they are sitting ducks. In my books, Manmohan Singh will go down only as the best FM, not the best PM.. Very sad.. Very very sad.

True Indian market growth is intact, It has sustained itself to much extent in the current global slowdown.

I am waiting for the right time to go In this time.

Thanks man for your advice!

Originally Posted by BaCkSeAtDrIVeR

So?

I am trying to tell when I entered into stock world.

Originally Posted by BaCkSeAtDrIVeR

Beg your pardon? Where is the strategy here? Nobody ever made a profit by buying high and selling low.

That was my initial plan of action, I did not go for extensive research and that is why I think my stocks are in red and therefore I am here to discuss my loopholes. I know nobody can make profit this way.

Originally Posted by BaCkSeAtDrIVeR

Wait aminit. Please check the prices again. Are they still in the red? I do not think so.

:-D

Yes they are!!

Originally Posted by BaCkSeAtDrIVeR

YOu made 10 mistakes there. (probably more - seniors here will point them out)

Your first mistake was that you did not have a strategy. The second mistake was that you "followed a 'blind man's' advice". Third mistake was that you did not have a strategy. Fourthly, you did not have your own idea of what to do. Fifthly, you did not have a strategy. Fifthly you followed other's advice. Sixthly, you followed others' advice. Seventh, you .....

well .. do you get the idea?

Yes I get your point. And I did not follow anyone's advice blindly, no one pushed me to buy this or buy that, that was completely my idea.

Originally Posted by BaCkSeAtDrIVeR

There is no short cut - good understanding of macro economics of the market, microeconomics of the company and its business, a sound understanding of the market sentiment and fundamentals of the companies you want to invest in. You need to develop those skills. Select between 10 to 30 companies (more or less - depending on you capacity), and follow them closely for about 5 years. Add and drop them as you feel them out of sync with your objectives.

You are ready to invest when you feel that if you feel confident that you can answer if somebody when asks you "what is DSCR (debt service coverage ratio) of company x". Or what is the 30 DMA of company Y.

You have made a very good point here. Completely agree, I think in this way I will be able to invest my money with confidence.

Thanks much for your valuable suggestion.

[ontheroad]

Atlast 4800 support was breached in intraday today. Where will this carnage lead to? I think its time to invest 40% now. Whats the opinion of fellow Bhps?

[SmartCat]

Originally Posted by ontheroad

Atlast 4800 support was breached in intraday today. Where will this carnage lead to? I think its time to invest 40% now. Whats the opinion of fellow Bhps?

Rather than invest 40% of your cash at one go, invest small amounts in your favorite stocks for every X percentage fall in the Index

[Altaf Petiwala]

Originally Posted by ontheroad

Atlast 4800 support was breached in intraday today. Where will this carnage lead to? I think its time to invest 40% now. Whats the opinion of fellow Bhps?

Why do you feel people HAVE ANY money to invest left over? Eveyone invested everything when nifty was at around 5200 odd. At least most people. Now, other than pray, they cant do anything else.

There are just maybe 5 % of people who acyually have a plan, and allocate accordingly. Those people may have the money to invest.

The biggest silent killer is mutual funds. Everyone holds them, and only maybe 10 % of the people know how to handle them. Their thinking that mutual funds are a safe investment route goes down the drain, as they never exit them in downtrends.

SIP maybe is the only way for the common man to invest in the markets, and that too, for a MINIMUM 5 year period. You cant say I am in SIP for 6 months, where are my profits?

OR, learn a strategy and hammer away intraday like the professionals do

[vsh]

Originally Posted by Altaf Petiwala

OR, learn a strategy and hammer away intraday like the professionals do

very true,
but who is ready to teach?

moreover

WHO IS READY TO LEARN?

[Altaf Petiwala]

Originally Posted by vsh

very true,
but who is ready to teach?

moreover

WHO IS READY TO LEARN?

The question is, who is ready to give up his day job, or business, and invest 3 years WITHOUT any hope of earning money for at least 3 years.

Trading has by far been the most frustrating thing that I have ever tried in this world. I doubt that becoming a neurosurgeon must be a lot easier, than earning money consistently in day trading. One off money making days or weeks are not enough. What is needed is a strategy to extract small profits throughout the day, week, month and year, with small losses interspersed in between those profits. The trick is to keep the losses smaller than the profits. Then if you are even right 50 % of the time, you will make a small bit of money, or at best break even..

Utilizing the downtrend in the share markets, I bought the following PSU bank shares yesterday and today:

50 Central Bank @ Rs 96 each

100 Punjab&Sind Bank @ 71 each

10 SBI @ Rs 1899 each

Continuing with my shopping spree, my order for 10 Axis Bank shares at Rs 999 each and 13 Tata Motors @ Rs 694 each was executed just now!

[g.nox]

Indian market has now gained over 800 points in 2 days, as expected after the improvement in all the markets globally.

I invested in banking and IT sector after seeing this rise.

According to NDTV Profit analysts are attributing this rise as short covering and another leg of correction is likely to happen after RBI decision in September.

Lets see what trend does this market shows in near future!!

[vahss_11]

I dont want to be a devil's advocate but my trading views are as below :-

Current movements are purely short term dead cat bounce, and I wont be surprised to see levels of sub-4200 even 3800 on nifty in coming 6-9 months, after this rally gets exhausted,

Central Bk Of Ind is in a big down trend and can reach 60 levels in coming months,
SBI is also in a Down trend can can reach sub 1500 in next 8-9 months,

Dont listen to News channels, if Investing, buy in 5 % lots for next 12 months and if not then get ready for some serious movements on the down side.

Just my pure trading views.

[g.nox]

Originally Posted by vahss_11

Dont listen to News channels, if Investing, buy in 5 % lots for next 12 months and if not then get ready for some serious movements on the down side.

.

Thank you Vahss_11 for sharing your views.

After observing the uncertainty of market I have planned to invest in lots only. This is what every expert suggests.

As you said dont listen to News channels, can you also share about the sources which can be trusted.