After long absence, I am planning to write again. I didn't do much over the
last few quarters in trading and investing. My office obligations kept me very
busy, and to be honest there was no time to focus on this.
Checked my portfolio and it's still red primarily due Suzlon, Punj and Reliance. Reliance is the new entrant to the red club. Only Gold ETF and Tata motors are showing gains of above 30%, so thinking if this is the time to book some profits. May not be Gold ETF, but Tata motors sounds like a good idea, and there is a little chance that things may get better with the India sluggish GDP. It is perhaps the right time to invest in Debt securities rather equities as interest rates may come down sometime soon. As growth is slowing down, the stocks may be available at a cheaper price over next few quarters.
Sometimes, I tried searching for a mantra that helps making only profits. Unfortunately, there is none. I recently read a blog from a very prominent trader, and he acknowledged that even a good trader can’t predict market moves, and he has to flow with the market trend.
Last few days I spent some time on the tips given by ICICI Click'n'Gain link based on pivoting, and was really impressed with that. Most of them were profitable, with few in losses. Though, there original idea is to create more brokerage opportunities for the broker but there is no harm in paying if you are making profits. And they can do it better with the knowledge and tools they have for this.
Checked my portfolio and it's still red primarily due Suzlon, Punj and Reliance. Reliance is the new entrant to the red club. Only Gold ETF and Tata motors are showing gains of above 30%, so thinking if this is the time to book some profits. May not be Gold ETF, but Tata motors sounds like a good idea, and there is a little chance that things may get better with the India sluggish GDP. It is perhaps the right time to invest in Debt securities rather equities as interest rates may come down sometime soon. As growth is slowing down, the stocks may be available at a cheaper price over next few quarters.
Sometimes, I tried searching for a mantra that helps making only profits. Unfortunately, there is none. I recently read a blog from a very prominent trader, and he acknowledged that even a good trader can’t predict market moves, and he has to flow with the market trend.
Last few days I spent some time on the tips given by ICICI Click'n'Gain link based on pivoting, and was really impressed with that. Most of them were profitable, with few in losses. Though, there original idea is to create more brokerage opportunities for the broker but there is no harm in paying if you are making profits. And they can do it better with the knowledge and tools they have for this.
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