Rupam is right. Although less in number, I agree some have been slow movers, but they will at least bounce back in some time to the call price...when one can exit without loss.
And this is why I advise everyone (including myself) not to be greedy, but spread out to a larger number of good shares, around 25-30. Invest Rs 30000-50000 in each (scale it as per your total investable capital, this can be as low as 10000-12000 too).
Not all of them will hit targets at the same time. So EVERY MONTH, you will see that some of the scripts are acheiving targets and you can book profits and realize the REAL MONEY...which many small investors never do..they just wait and wait and the market crashes...and they start building again with lots of hope..right?
So if a 3-4 are not doing well, it does not matter...since your money is not blocked for other investments (since you are booking profits in others). And since you have invested only about Rs 40000-50000 in each script, your losses are limited.
Diversification and rotation method is extremely powerful and PREVENTS MISFORTUNES AND KEEPS CHRNING YOUR MONEY. For this method to work, the only thing you will need to be strict about is EXITING WHEN TARGET IS MET.
On Thu, Sep 30, 2010 at 10:23 PM, rupam bora <rupam_bora@yahoo.com> wrote:
some other are not dooing well also ( e.g. ekc , ncl industries , essel propack , aarey drugs , vijaya bank , bajaj auto finance, tnpl ) but overall a great show anupam . I am not aware of any share as yet which u have suggested and went down dramatically ( +20% ) .Please keep it up.rupam
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