Active TopicsActive Topics  Display List of Forum MembersMemberlist  CalendarCalendar  Search The ForumSearch  HelpHelp
  RegisterRegister  LoginLogin

Fundamental
 The Equity Desk Forum :Market Strategies :Fundamental
Message Icon Topic: Mistakes we made-How we lost our first million(s)? Post Reply Post New Topic
<< Prev Page  of 40 Next >>
Author Message
Crimsonarcher
Senior Member
Senior Member
Avatar

Joined: 05/Oct/2006
Location: United States
Online Status: Offline
Posts: 355
Quote Crimsonarcher Replybullet Posted: 28/Dec/2006 at 3:23am

Last 3 bull runs I've been looking to buy L&T and still today i have not bought it while it has gone up phenominally. Same for financial technologies and Indiabulls. Indiabulls infact was started by my collage seniors who recommended it to me. I just failed to recognize the potential in that company :-(

IP IP Logged
xbox
Senior Member
Senior Member
Avatar

Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
Quote xbox Replybullet Posted: 28/Dec/2006 at 4:47am
Well there are couple of misses from me. Otherwise I could be CrorePati ..
1. In 2004, when there was tussle between Mahindras and dalmia for gesco. It was at 18. I put numerous buy orders at around 17 or 17.5 but it did not reach there and I remain poor. At 150 I again saw the counter and thought now it is too expensive. Event: Mid 2004
Lessen : Chase the price when you are 101% convinced.
2. I wanted to buy Bajaj Hindustan in late 2004, It was around 45 and then I was little greedy so I missed it and I remain poor. Event: Mid 2004
Lessen : Chase the price when you are 101% convinced.
3. I wanted to buy unitech when it was 600 (pre split and bonus) but then I was little greedy so I missed it and I remain poor. Event: Mid 2004
Lessen : Chase the price when you are 101% convinced.
4. I wanted to buy Dhampur sugar at 15  but then I was little greedy so I missed it and I remain poor. Event: Mid 2004
Lessen : Chase the price when you are 101% convinced.
 
 Somehow, I spotted multi-bagger very well but then greed restricted from being rich.
Overall Lessen : Always Make Only Those Transactions, Which Have Potential To Change Your Life.
Don't bet on pig after all bull & bear in circle.
IP IP Logged
kulman
Senior Member
Senior Member
Avatar

Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Quote kulman Replybullet Posted: 28/Dec/2006 at 8:16am
A small suggestion, if you don't mind....please modify the tag-line by putting a word positively at appropriate place...Just to make things crystal clear..
 
 
Life can only be understood backwards—but it must be lived forwards
IP IP Logged
xbox
Senior Member
Senior Member
Avatar

Joined: 10/Sep/2006
Online Status: Offline
Posts: 2001
Quote xbox Replybullet Posted: 28/Dec/2006 at 8:35am
A small suggestion, if you don't mind....please modify the tag-line by putting a word positively at appropriate place...Just to make things crystal clear..
-----------
Dear kulman, Adding tag 'positively' is too difficult for me. I hope I have midas touch like RJ and other's has, and then it could have been quite easy to me to add this tag.
Don't bet on pig after all bull & bear in circle.
IP IP Logged
kulman
Senior Member
Senior Member
Avatar

Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Quote kulman Replybullet Posted: 28/Dec/2006 at 8:41am
Sure...you're probably right. I just felt it...so suggested.
 
Have a nice weekend...and new year celebrations! Woh TV18 waala bottle khatam hua kya?
Life can only be understood backwards—but it must be lived forwards
IP IP Logged
basant
Admin Group
Admin Group
Avatar

Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Quote basant Replybullet Posted: 28/Dec/2006 at 9:22am
Sure...you're probably right. I just felt it...so suggested.
 
Have a nice weekend...and new year celebrations! Woh TV18 waala bottle khatam hua kya?
__________________________________________________________
 
I liked your opinion on adding the word "positively". You have really a very keen eye. FOr that Tv18 thing I am slowly becoming normal - maybe we need to see the price come down a bit so as to reduce the hangover.
 
I was also thinking that since we made 50% from the last day of trading to the day of relisting all the investors held on to the stock but had it gone up by 3%-4% esch day not sure how many would have held on.WHen price goes up slowly that way the inclination to take profit is always higher.
'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
IP IP Logged
kulman
Senior Member
Senior Member
Avatar

Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
Quote kulman Replybullet Posted: 29/Dec/2006 at 5:24pm
because the animal called "profit booking" would not be there....
 
-----------------------------
 
Yeh TAU log beech beech mein naye naye jaanwar laayenge naa...Un se bachna padega.......Maine socha hain ke VIP se achha ek-tho* FAULADI chaddi banwata hoon!!
 
 
 
 
 
 
 
*This suffix tho is meant for guys from Bengal, Bihar side!
 
 
Life can only be understood backwards—but it must be lived forwards
IP IP Logged
nikhil090
Senior Member
Senior Member


Joined: 06/Nov/2006
Online Status: Offline
Posts: 1344
Quote nikhil090 Replybullet Posted: 14/Jan/2007 at 1:48pm
Today I remember another one of my mistakes.
One day, there was a big result on the 1st page of ET(somewhere in 1999), Manna glass has declared superb numbers and have declared a dividend of 30%. At that time Manna glass was at Rs 9. Me and my friend  bought the stock at 9.5 in hope of 30% returns. The dividend never came and we still hold the stock but the stock does not trade... After that I have always been cautious about front page results of not so known corporates..
IP IP Logged
<< Prev Page  of 40 Next >>
Post Reply Post New Topic
Printable version Printable version

Forum Jump
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot delete your posts in this forum
You cannot edit your posts in this forum
You cannot create polls in this forum
You cannot vote in polls in this forum



This page was generated in 0.094 seconds.
Bookmark this Page

Join Theequitydesk.com Today!

It’s easy to Join and it’s free.

Here's why members would love to be a part of theequitydesk.com

  • Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
  • Live discussion forum wherein members can discuss the current Indian share Market trend, BSE Sensex or the Nifty Index.
  • Have huge cache of information on Indian and World Share Market.
  • Analysis of Indian stock market, Global events, Investing insights, portfolio management strategies and thoughts,
  • Meet investors from round the globe check their investing strategies share experiences and learn for their experiences on stocks and shares, evaluate opinions on investing in India.

Register now while it’s free!

Already a member? Close this window and log in.

Join Us           Close