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Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3345
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, March 04, 2021 - 2:20 pm: | 
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The way to look when market falls:
The way I am looking at all of this is that most of the money I usually spend has the opportunity to grow. I’m winning in the negative, for now.
I look at it same way. I do not need the money now. I havent lost anything until I sell. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3344
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, March 04, 2021 - 11:50 am: |
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The only skill one need to master in stock market is managing the downside. But we are too focussed on calculating the upside. I keep saying (for the nth time).. You only manage downside.. there is nothing you need to do to manage upside. Don't even take credit for hitting a homerun. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3331
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 03, 2021 - 5:40 pm: |
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Cashed out most of the trading stocks which are over 100 percent up..in December and just sitting on sidelines on cash..I guess there is more yet to come ! ..cos covid honeymoon is over and there is no free cash for the 18 year old to gamble!
Limit orders placed on some dozen stocks at below 20 percent on the 52 week lows ..like AAPL at $98 ,AMZN at $1600 ..� Glass half full � feeling if the orders are triggered!
If they are not filled..I am in profit than last year..if filled,happy for bottom fishing ! |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3320
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 03, 2021 - 9:56 am: |
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chala bokkalu real estate ki. Manam konetappudu sky high pedatam, ammetappudu low balling chestaru
stocks is what you see is what you get, and the best thing is, instant liquidity. You can sell 1 million stocks, and 5 minutes later, all the money is in your account
India lo real estate ki evado vastadu, edo avuddi ani waiting champestaru |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3310
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 03, 2021 - 8:24 am: |
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Crypto Profit taking:
always take profits. for example 5x iithe take your investment. then 10x iithe some x amount. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3309
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, March 03, 2021 - 8:22 am: |
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Antha simple gaa vundadu price movement. Example: Conference call lo cheppakundaa, aa tharvaatha sudden gaa direct offering isthaaru. Appudu nuvvu yenni plans vesukonnaa kudaa use vundadu. Price drop avuthundi. ilaa yenno vuntaayi. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3283
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, March 01, 2021 - 12:18 pm: |
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Losing happens much faster than gaining. It takes 100% spike for a stock to double. But it only needs a 50% fall to wipe out the 100% gains. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3282
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Monday, March 01, 2021 - 12:17 pm: |
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time cheyyatam kastham annai....there times when I sold after 50% profit or 50% loss only to see them going up 1000%...
at time when i didnt sell for 50%, they also went to zero...
i think strict rules like 30% profit, 10% loss exit ettukuni, stacking gains chesukuntoo velthe may be work avuddemo...but it used to pain me when the calls go up 1000% after i sell them...but deeni valla i changed strategy...hit it big with some...but lost a lot as i didnt take 30% profits on calls ...but one 1000% rallly used to recoup all my losses i made in the year...
so its kind of tough...charts etc antaaru...but when the breakputs happen, they first wipe the stop losses and break out huge... |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3267
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Sunday, February 28, 2021 - 10:36 am: |
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several factors you need to consider. Depends on one’s age too. For example, if someone is 70 today, it makes perfect sense to keep raising strong cash position if not entirely cash out in this market.
I am trying to maintain overall 25% in cash at all times. I may lose some opportunities or I am leaving some money on the table by exiting some stocks too early. But who really can time anything?
I am not touching or even paying attention to my core holdings; Aapl, amzn, google, Costco, WMT, crm, veev etc. They are like say 40% of my PF. Options are around 12% of my PF which is too high for me and trying to cut it to around 8%. Roughly 25% of the PF I am playing with service picks; sometimes strictly follow their recommendations and sometimes I simply take profit if some stocks ran too high too fast.
In this market I like to be 40% in cash and reduce calls exposure. Have to do it quickly, hoping in the next week or so if market gives me a chance.
End of the day there is no one right answer. It entirely depends on individual scenario; age, earnings potential, risk taking ability, return expectations (of course directly proportional to risk) etc.. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3253
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Tuesday, February 23, 2021 - 4:30 pm: |
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Pay attention bro. I said last week to rotate to recovery stocks and mentioned SAVE, CLR, CAKE, CAR, SIX. They are all going green even during blood bath. I recommended with conviction without any disclaimer. Even when YSR asked if he should get rid of CAKE as it is all time high, I said .. low risk.. keep it. You need to be ahead of the game. I would still stick with these. Like I always said, I only manage downside.. never think of upside. Yesterday and today's market should explain the importance of managing downside. It's all about preserving your capital/gains. I rotated to avoid the downside.. not to make profits on the recovery stocks. if I make profits, it's a bonus. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3140
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, January 20, 2021 - 7:04 pm: |
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So you are not really betting on it's new technology. You are just trying to ride the momentum for short term profits but since you wanted a comforting reason for your decision, you just attached it. So coming back to your original question, you are not actually asking about my thoughts about this company. You are asking me to predict the stock price in near future. If someone answers this question, you should run away from them and never see them again.
Bottom Line: If you believe in this company and it's future prospects of this company, invest some amount based on your risk appetite and leave it for few years.
If you want to trade short term, you don't ask anybody. You learn the technicals and daytrade. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3139
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, January 20, 2021 - 7:02 pm: |
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Why I never fear a market crash
1. The number of times market made a full recovery after crash - 100%
2. I am in 30% cash when the market is in bubble. If a crash happens the sectors most affected will lose more than 70-80% of the value. For example- oil stocks, cruises, airlines, entertainment sectors during covid crash. When you deploy your 30% cash in these stocks they will grow 3X-4X because a stock that lost 80% in value makes a full recovery it's a 4X. Sure it will take 1 to 2 years. But 4X in 2 years is fantastic
3. After every crash, there will be a bull market for extended period of time. So your annual returns will be much higher compared to the years before the crash.
But the most important things is you don't invest in companies you don't know. Because some companies go bust during tough times and some may not recover forever. That's why you don't hold garbage in your PF unless it is a small pre-allocated money for gambling purposes |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3138
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, January 20, 2021 - 6:58 pm: |
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Bro.. This is not even about holding that many penny stocks. It's fine as long as it aligns with your risk appetite. It's the trade strategy that ultimately matters. Entry points, position and portion sizing/frequency, exit and hold strategies. Stocks don't move in straight line. PLUG was under $15 exactly 3 months ago. Now instead of hitting $73 on Jan 13th and pulling back and trading at $61 today, lets assume if it moved in straight line without pullbacks and trading at only $45 today, every single person would be in profits no matter whatever date they took a position in the last 3 months. Even though it is trading way above $45 today, there are quite a few people who are down because they entered above $61. The initial gains is so important when you enter a potential multibagger. you need to act like a most stingy person on the earth in this phase. Only then you will be able to ride these home without worrying whenever there is a pullback |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3137
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, January 20, 2021 - 6:57 pm: |
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Pillar Basket: (30%)
AAPL, AMZN, NVDA, ADBE
Growth Basket (40%)
TSLA, SHOP, DOCU, PYPL, NET, ETSY, PINS, FCEL, PLUG, NIO, EDIT, PACB, TDOC, TTCF
Recovery Basket: (15%)
MAC, MS, CCL, SAVE, CLR, CNK
Dividend Basket: (10%)
ABBV, FRT
Multibagger Potential: (5%) (very risky)
ISR, BNGO, BLU |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3136
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Wednesday, January 20, 2021 - 6:56 pm: |
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@Executor
There is a technical stop loss and a theoretical stop loss. Technical stop loss is the stop order we place in the trading app. Theoretical stop loss is you position yourself that you don't lose your own money no matter what happens to the stock. Ideally we shouldn't ever have to use a technical stop loss unless you are daytrading(which is a must). I don't have a stop loss set up for even the penny stocks(very few) I own. I don't hold a penny stock overnight until it becomes a conviction buy. By the time it makes it to my PF, I would have made at least one-third of the position in daytrading and I initiate the position with that one-third. You keep adding other 2 installments on certain eventful negative days. You keep taking profits until at least 80% of your stock is house money. You should never consider that you made any money until it hits your target however long it takes. You don't give a shit even if the stock goes up 50% and then became zero. House money is not yours until it either reaches the target or it vanishes. If you are worried about losing your profits, that stock should have never made it to your PF. The minute it made it into your PF, it's like you adopted a kid.. you gotta keep him in your home until he becomes an adult. If you don't daytrade, obviously your first one-third will come from your pocket that you are willing to lose. So it's very very important how and when you make the first entry. You have to take the first one-third trade based on the charts and price action. If you don't know how to read these, take help from someone who knows.
This strategy is not for folks who just buy bunch of stocks based on FOMO and trying to ride the momentum and get rid of it after making some profits. This is for folks who want to adopt a penny-kid into your PF-home after you are convinced that it has long term potential.
also, you should never have to put a stop loss for regular stocks. Just sell it if you want to get rid of it or make room for a new stock. |
Entrepreneur
Kurra Bewarse
Username: Entrepreneur
Post Number: 3087
Registered: 05-2011
Posted From: 65.35.45.47
Rating: N/A
Votes: 0 (Vote!) | | Posted on Thursday, January 07, 2021 - 8:45 am: |
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There isn't a simple answer. You can skip to second paragraph if you are only looking for straight answer.It depends on individuals' risk appetite, goals and overall strategy. The most common mistake traders do with penny stocks is getting in early. I know it sounds dumb.
Big money is made by holding top runners for longer periods. For example, there are several people who traded NIO at 2. How many are holding the stock till now riding from $2. People are scared to hold penny stocks as there is no guarantee that they will make it to the big league. Big players skip the initial phase and get on the board after it gets out of the woods. So they would get in NIO at $20 after they got the all clear and ride it to 100+.
The advantage of this strategy is they can safely deploy huge capital as it is no longer a penny stock but there is still a huge potential left. and they won't panic during the days it drops 10 to 20% as they only see the final destination. But retail trader psychology won't allow to buy it at $20 as they have already traded the stock at $2. BNGO will go to 200+ in next 2 years if the product takes off or it will be stuck at 2 if it fails. When they get all clear you may have to get in at 20 but it will still be a 10 bagger.
But the million dollar question is how many will buy this at 20 when they traded at a buck. I know I still haven't answered your question but I thought this insight helps.
There are 3 ways to trade penny stocks. DayTrading, Swing trade with stop loss, total gambling. I guess I don't need to explain Daytrading. Swing trade is to take a position with an initial stop loss. If the stop loss gets hit, you keep trying until you survive the initial stop loss and get into profit zone. Once you make significant gains (such as double) you take your original investment and ride with the house money. You keep doing it for every 100% gain(of the initial investment) going forward. Gamble is you deploy significant amount of money right away that you are prepared to lose and exit after you reach your set target. So decide if you fall into 2nd or 3rd type and play accordingly. |
Finance & Investment - Stocks, Real Estate, et. al