That's not patience......................

We always hear this when it comes to stock market that patience pays, buy right sit tight, hold it................... and so on but what acutually this patience is?

Have your ever been got into a stock and it start falling it as soon as you bought it................  and you kept holding it for days in hope that it will rise up again it will rise up............. and waiting for it to test your purchase price............... some say i will exit as soon as i will get my price back but how many times you get your price back? and if you got what was the time you waited for it ................... you and me both know the answer either you waited for months for the stock to retest your buy price or you sold off when the 200 rs. share turned 75............... thats the problem with most of the investors

Its what the investors are doing right now. Is that patience? Certainly not. I would say its sucide................ our main focus while doing such an adventure is to avoid loss but actually in hope of avoiding loss you are actually increasing your losses. Think the other way around if instead of trying to get your price back from the same share had you taken out your capital and put that into some other good stock not only your capital will come back but also you will enjoy good profits.

 Here's what i do for it when i buy a share before placing the order i have it in my mind what is my stop loss- i.e. the price at which i will book my loss if the share starts falling after my purchase and I place my stop loss on gtc ( good till cancelled basis) or my gtd( good till date- last date allowed) in case gtc orders are not allowed by your brokers. If the stock hits your stop loss then you should be happy that you have saved your capital.................. and you have free capital that can be put into another bullish share.....................

WHEN PATIENCE PAYS: Patience also pays but it pays if after putting your stop loss your share is above your stop loss and is moving flat or moving in a range which is above your stop loss. In such a situations you should keep holding your stock................. and your patience will pay off and even if you are fundamentalist or long term investors then i also i advice you to put stop loss and keep shifting it along with rises so as to ensure that in no case you end up giving your profits back to the market

The story is simple yet affective but its of no use untill you start applying it right now. What i am sharing with you people are few small but untold secrets of most of the successful traders and investors around............... that's what they are doing and if you do what they are doing you will get the results they have got................ because what i have found is that its not about approach......................... its about attitude..................... and when you change your attitude you change your life.................. now its your turn to change your life................................ GO FOR GREAT

abhishek ninaniya
the stock king
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Sameer Malik
AUTHOR
October 19, 2014 at 12:39 PM delete

Happy learning everyday new things...

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October 19, 2014 at 4:51 PM delete

Learn & Earn.............. thats the motto of this blog........... :)

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ravi khanal
AUTHOR
November 6, 2014 at 12:10 AM delete

first learn than earn ..!! thank you for the advise

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November 24, 2016 at 4:46 PM delete

STOP LOSS HOW TO FIX MY STOP LOSS WHEN I INVEST. ANY IDEA THEN PLEASE TELL

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