Buy Right, Sit Tight!

Every Trader has heard of this saying, "Invest Right, Sit tight"! or "Buy Right. Sit Tight"! and I am going to tell you something else. This saying is one of the biggest secrets of all profitable investors and traders, which are rarely found on the streets.

Let me tell you how I do it. Whenever I find a fundamentally good scrip I keep it in my tracklist and check for the technicals to improve to buy it and to be honest in many cases even when the technicals are great the scrips take some time to show the up move but once I buy a scrip I know what I have bought and why I have entered that scrip what are my stop losses, when will I book my partial profits, when I will book out, when will I exit in case this one didn't turn out as  expected and once I buy the share I put my stop losses and let the market do what it wants I don't get panic or worry even if the stock starts falling because I know I have my stop losses even if it will fall I would be booked out but as long as the stock is above my stop loss I let the scrip take its time to move, minor ups down make no difference to me I don't average or sell of my holdings when they fall after my price I got automatically squared of if the stock don't turn out as I expect. Sometimes, even a fundamentally good scrip take days or sometimes a month to upmove but thats ok to me, because I am far better then the crowd who got panicked and sold off at 5 or 10% correction. I have cases when after I bought the scrip it fell by even 30% but I kept holding them because the price was above my stop loss and then there comes a week in which within a week the stock shoot up by 30% or sometimes even upto 50%, had I sold my holdings at 30% loss I would have lost my capital but now I was patient enough so not only my capital is back but also have good gains on my stocks, all it took was patience.
I definitely doesn't want you to conclude that you should keep holding a falling share, you should never do it. But as long as its above your stop loss you need to give it its time to perform..Before you enter a stock ask yourself "Why I am buying it??" Write down your stop losses................... and then go for the buy put the stop loss and let it take its time. If the reason for which you bought the stock hasn't changed till now then there is no point selling it off or getting worried about the minor ups and down.
I have been doing this for years now and believe me or not this is one of the biggest secret of the successful investors. All those who are patient make money here because its not the market who is responsible for our success or failure, its we and the market will continue to transfer the money from the indisciplined and impatient ones to the disciplined ones. Even I tried the hit and run strategy for a long in the market but that didn't worked for me nor it has worked for anyone and nor it will work for you. The thing that works I have told you here I have practiced it and applied it for years now and I am proud to say that I make more money than 95% of the guys out there. So from now onwards:

Invest Right, Sit Tight!

Abhishek Ninaniya
The Stock King


Tags: multibagger, multibagger stock ideas, multibagger stocks for 2015, multibagger stocks india, multibagger, multibagger penny stocks, Indian stock market chart, markets stocks, broker research reports, investment
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sumit rocks
AUTHOR
November 14, 2014 at 1:02 PM delete

Thanx for Advise us, becuz i also do hit & run strategy but some time i make money or some time loss money, but many times happens like i make huge profit but i din't sell or hole profit washed out in few session.

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November 15, 2014 at 5:35 PM delete

Abhishekji, one question , please can eloborate ,technical show the TREND FIRST , AND RESULT FOLLOWE. But off late you must have marked , there are shrewd operators ,they do circular trading and jack up the price , which indicator shows such sign?
With due Regards
Mahesh Vakharia

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November 15, 2014 at 5:50 PM delete

only technicals can get u trapped u in operator scrap make sure you check out what you are buying befor you buy a scrip, fundamental view is also important befor u enter a stock

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Shilpa Soni
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December 17, 2014 at 10:42 AM delete

This article provide a good suggestion. I like it very much . I always ready to read this type of advise article.
Nifty Future Trading Tips

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Karthik Pitti
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December 23, 2014 at 9:26 PM delete

i also used to use hit and run strategy in my early days..and earned a lot during elections boom...and i was thinking whether am i lucky or am i ahead of others as i have heard from many people that they have only lost money in stock markets..but after election rally this strategy was not working for me and i nearly lost whole money earned that time till now...i thank you for your selfless efforts to help people...and i want to thank god too that i came across people like you....thank you very very much...it has been just a year for me in stock markets and still i have to learn a lot ..!! :-)

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Anonymous
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August 14, 2015 at 5:38 PM delete

Sir,
What to do with vinati organics

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sanjay
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September 19, 2015 at 9:26 AM delete

We deals in listed delisted shares death lost claims shares bonds mutual funds 9416555660

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