tag:blogger.com,1999:blog-8146322436034546834.post2308144088999065364..comments2023-05-12T17:41:16.443+05:30Comments on STOCKFUNDOO: Top 5 Online Trading Mistakes - Part IINaren Lokwanihttp://www.blogger.com/profile/16874239087015042891noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-8146322436034546834.post-20894862103761646852012-12-03T07:58:01.921+05:302012-12-03T07:58:01.921+05:30Hi Naren ,
Thanks for such a quick reply , the a...Hi Naren , <br /><br />Thanks for such a quick reply , the approach you have suggested is very nice & indeed applicable. <br /><br />Many a times my un-recognised profit of one stock oscillates between 20% to 100% in a year and i still continue to hold it with a vision of 150%..<br /><br />Your idea of dividing into equal parcels and booking profit at certain levels will help me get more cash and enable me to reinvest with an increased qty at lower levels... <br /><br />Am currently facing the problem in PVR ..was unable to develop a sell mindset... my holding is at 160Rs the CMP is 300rs , will try out parcel approach in this counter .. <br /><br />thanks for helping out on this one. yes selling stocks is really difficult thing !! Rambohttps://www.blogger.com/profile/16345712062800201238noreply@blogger.comtag:blogger.com,1999:blog-8146322436034546834.post-59100649272924017412012-12-03T05:39:44.013+05:302012-12-03T05:39:44.013+05:30Answer too, nice.Answer too, nice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8146322436034546834.post-73206082976837498472012-12-02T20:36:25.533+05:302012-12-02T20:36:25.533+05:30Dear Rambo,
Very nice question!
A simple approa...Dear Rambo,<br /><br />Very nice question! <br /><br />A simple approach I can suggest is to divide the total shareholding for a given stock in three parcels - Sell first parcel e.g. 33% holding, when you reach your first target. Sell second e.g. 33% again, when you reach your second target and keep the third parcel, which is remaining 33% of share, with you.<br /><br />Now obvious question: How to determine the first and second target. It depends on what you need from market and your timeframe. <br /><br />e.g. For smaller timeframes (1-3 months), you can keep first target as 25% gain and second as a multiplier of this.<br /><br />For longer timeframes, e.g. 1 year or more, you can hope to get a 2X gain as first target and 3X as second target and let the third parcel grow.<br /><br />This is just one simple technique. Selling stocks is much difficult than buying them. Hope this helps for you to develop your own technique.Naren Lokwanihttps://www.blogger.com/profile/16874239087015042891noreply@blogger.comtag:blogger.com,1999:blog-8146322436034546834.post-6868723508389214332012-12-02T19:55:03.909+05:302012-12-02T19:55:03.909+05:30Thanks Naren for your informative posts.
My ques...Thanks Naren for your informative posts. <br /><br />My question :What approach do you take while selling stocks ? <br /><br />A lot of times we find buying easy but selling difficult , we always think that price could go a notch higher and end up keeping that stock for a much longer period or seeing it through its peak as well as through its bottom on the chart and sell it somewhere in between due to frustration of waiting for the right moment. <br /><br />Many a times post selling the stock it rallies to a new level. Which results in anger or frustration of having missed 3-4% profit in haste. <br /><br />I have seen many people keep investing in long term stocks and never sell those for almost 10-15 years. But in those 10-15 years we might see market crashing down many times & then people panic and very often than less sell those stocks at half their previously attained peak value. <br /><br />How do you take call on selling stocks ? for short term and long term ? especially long-term stocks when you feel like holding those stocks forever.<br /><br />How should one be confirmed of the peak value & be satisfied with the profit gained and not feel sorry for having missed the next rally ? <br /><br />Thanks.Rambohttps://www.blogger.com/profile/16345712062800201238noreply@blogger.comtag:blogger.com,1999:blog-8146322436034546834.post-61676144711187235882012-12-02T12:59:01.107+05:302012-12-02T12:59:01.107+05:30Excellent, appreciate your work. Keep it up.Excellent, appreciate your work. Keep it up.Anonymousnoreply@blogger.com