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Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
PANTOMATH- Posts : 231
Join date : 2018-10-15
good topic to read about
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Quotes
Small writes
My Buying strategy is - Buy in chunks.. And the golden rule is not to average down more than once
surely bottom cant be
Ying-Yang writes
5300 is the Rock bottom to happen in Dec
Xmart writes on Buffet strategies
but would his strategies suite common investors like us?
Smallville wirtes again
Im small man u noh, cant afford to lose
***********************************
When we were buying JKH in 2007/8 we were engaged in the Final Eelam war. 2008 December Global Fiancial crisis. No one knew the end of the falling and rock bottom.
I was not buying chunks and never stopped Dollar Cost Averaging. You can see the quantities and values I was buying and definitely I was not a Big Fish.
Can we follow Buffet strategies?
Does it apply to SL and CSE?
Ok..
Find whether following chart of my own trading , investing data give you some idea on above.
Seems I have to cut down the post into slices as ' Posted Message is Too Long"
Date | Company | Mkt price | Quantity | Purchased value |
5/9/2006 | John Keels Holdings | 129.00 | 500 | 65,419.13 |
6/9/2006 | John Keels Holdings | 129.50 | 1,000 | 131,343.39 |
22/01/07 | John Keels Holdings | 218.00 | 100 | 22,186.00 |
23/01/07 | John Keels Holdings | 205.00 | 100 | 20,792.13 |
23/01/07 | John Keels Holdings | 205.00 | 100 | 20,792.13 |
John Keels Holdings | 145 | |||
24/01/07 | John Keels Holdings | 201.00 | 100 | 20,386.43 |
26/01/07 | John Keels Holdings | 208.00 | 200 | 42,192.80 |
26/01/07 | John Keels Holdings | 206.00 | 100 | 20,893.55 |
20/02/07 | John Keels Holdings | 185.00 | 100 | 18,763.63 |
20/0207 | John Keels Holdings | 140.00 | 20 | 2,800.00 |
12/3/2007 | John Keels Holdings | 180.00 | 200 | 36,513.00 |
16/3/07 | John Keels Holdings | 144.75 | 100 | 14,681.93 |
16/3/07 | John Keels Holdings | 145.00 | 100 | 14,707.28 |
26/3/07 | John Keels Holdings | 155.00 | 100 | 15,721.00 |
30/03/07 | John Keels Holdings | Dividend | ||
18/5/07 | John Keels Holdings | 143.75 | 100 | 14,580.53 |
4/7/2007 | John Keels Holdings | Dividend | ||
18/7/07 | John Keels Holdings | 129.75 | 100 | 13,161.00 |
15/8/07 | John Keels Holdings | Bonus Fraction | ||
16/8/07 | John Keels Holdings | 126.00 | 100 | 12,780.77 |
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
29/8/07 | John Keels Holdings | 129.00 | 200 | 26,167.65 |
29/8/07 | John Keels Holdings | 130.00 | 28 | 3,695.78 |
29/8/07 | John Keels Holdings | 129.25 | 100 | 13,110.30 |
29/8/07 | John Keels Holdings | 129.25 | 100 | 13,110.30 |
11/10/2007 | John Keels Holdings | 127.25 | 100 | 12,907.51 |
11/1/2008 | John Keels Holdings | 121.00 | 100 | 12,273.80 |
26/2/08 | John Keels Holdings | Dividend | ||
4/21/2008 | John Keels Holdings | 119.00 | 100 | 12,071.00 |
4/21/2008 | John Keels Holdings | Dividend | ||
4/23/2008 | John Keels Holdings | 118.00 | 1,000 | 119,681.50 |
6/27/2008 | John Keels Holdings | Dividend | ||
7/22/2008 | John Keels Holdings | 97.75 | 400 | 39,657.18 |
8/22/2008 | John Keels Holdings | 101.00 | 200 | 20,487.85 |
8/22/2008 | John Keels Holdings | 99.50 | 500 | 50,458.95 |
9/19/2008 | John Keels Holdings | 86.75 | 1,000 | 87,986.20 |
10/7/2008 | John Keels Holdings | Dividend | ||
10/22/2008 | John Keels Holdings | 64.00 | 100 | 6,494.28 |
12/16/2008 | John Keels Holdings | 57.75 | 200 | 11,716.13 |
12/23/2008 | John Keels Holdings | 50.00 | 1,000 | 50,712.50 |
1/8/2009 | John Keels Holdings | 50.00 | 2,000 | 101,191.74 |
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Your past will teach you more than anything else.
Now I traded JKH initially and the trading was fast buying and selling
Date | Sold at | Quantity | Sold value | Gain | Percentage |
11/8/2006 | 170.00 | 500 | 83,788.75 | 18,369.62 | 28.08 |
11/8/2206 | 170 | 1000 | 167577.5 | 36234.11 | 27.59 |
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
So re-entered believing half heartedly the price will further appreciate. But unlike earlier 1000s , I bought in 100s so I can easily average if price falls. and it happened.
When it fell down to 118 I again bought a 1000 to average and with the view that we are nearing the rock bottom. It failed.
At 86 I bought another 1000 believing that it is the rock bottom. Wrong.
At 50s I bought 3000 beleiving that is the rock bottom and truly that was.
Finally I have invested around 1 Miilion averaging 102.90 and a good quantitiy to be sold immediately after ending war .
Had I bought Chunks?
had I not averaged?
Definitely Ying-Yang would come up with more profitable sloution showing how foolish I was. But my strategy worked for me.
10,393 | 1,069,437.37 |
102.90 |
serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
Your own mistakes; success should be the pillars of your trading strategy.
As trading; investment inextricably intertwined with your risk appetite and emotions .
There won't be another person who is a perfect match to your attibutes.
So it's up to us to formulate a strategy at which we are comfortable with.
So the past data will assist you immensely in formulating such.
Yin-Yang- Posts : 1321
Join date : 2016-03-12
xmart wrote:
+
+
for example, let's say someone bought JKH at 50 Rs at 2009 Jan. if he is a never sell investor as of now his capital return is 200%, 20% annualized return
+
+
My friend,
How can that be 20% annualized?
In investments, we should talk of effective compounding rates.
It should be something like 14.1%
Yin-Yang- Posts : 1321
Join date : 2016-03-12
yellow knife wrote:
+
+
Definitely Ying-Yang would come up with more profitable sloution showing how foolish I was. But my strategy worked for me.
+
Wait minute!
Dumping money in a sliding share is called a 'strategy' ?
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Yin-Yang wrote:yellow knife wrote:
+
+
Definitely Ying-Yang would come up with more profitable sloution showing how foolish I was. But my strategy worked for me.
+
Wait minute!
Dumping money in a sliding share is called a 'strategy' ?
Ok call it options
If the share you purchased slide
1. Sell it at loss- stop loss
2. Do nothing- laissez faire
3. Average
What else can we do ?
Yin-Yang- Posts : 1321
Join date : 2016-03-12
yellow knife wrote:Yin-Yang wrote:yellow knife wrote:
+
+
Definitely Ying-Yang would come up with more profitable sloution showing how foolish I was. But my strategy worked for me.
+
Wait minute!
Dumping money in a sliding share is called a 'strategy' ?
Ok call it options
If the share you purchased slide
1. Sell it at loss- stop loss
2. Do nothing- laissez faire
3. Average
What else can we do ?
The strategy is to know, what to do of that with which share.
What you do with JKH might not have worked for; say, GREG.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Shares like TPL, Asiy, Vpel, Rexp etc if entered at the right price will give you higher dividend yield than FD rate.. so you can happily hold unless ground situation change...eg;Iran sanctions., electricity rates etc.
Shares like Greg, Blue, East, Lanka Cement, should not be averaged and just stop loss will work. Just trade
PANTOMATH- Posts : 231
Join date : 2018-10-15
කිත්සිරි ද සිල්වා- Top contributor
- Posts : 9679
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Age : 66
Location : රජ්ගම
PANTOMATH wrote:Yes there is no holly grail that suites every share.Different buns needs different bananas.
PANTOMATH- Posts : 231
Join date : 2018-10-15
Yes experience matters most,in every sector.කිත්සිරි ද සිල්වා wrote:The best way to learn is to burn your fingers a few times.PANTOMATH wrote:Yes there is no holly grail that suites every share.Different buns needs different bananas.
Ethical Trader- Top contributor
- Posts : 5568
Join date : 2014-02-28
yellow knife wrote:Exactly.... Shares like JKH , COMB, you can hold.
Shares like TPL, Asiy, Vpel, Rexp etc if entered at the right price will give you higher dividend yield than FD rate.. so you can happily hold unless ground situation change...eg;Iran sanctions., electricity rates etc.
Shares like Greg, Blue, East, Lanka Cement, should not be averaged and just stop loss will work. Just trade
Yin-Yang- Posts : 1321
Join date : 2016-03-12
කිත්සිරි ද සිල්වා wrote:The best way to learn is to burn your fingers a few times.PANTOMATH wrote:Yes there is no holly grail that suites every share.Different buns needs different bananas.
First, learn to limit the burn to your fingers only.
කිත්සිරි ද සිල්වා- Top contributor
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Age : 66
Location : රජ්ගම
(Otherwise, you will not know how far to put it).
Yin-Yang wrote:කිත්සිරි ද සිල්වා wrote:The best way to learn is to burn your fingers a few times.PANTOMATH wrote:Yes there is no holly grail that suites every share.Different buns needs different bananas.
First, learn to limit the burn to your fingers only.
Yin-Yang- Posts : 1321
Join date : 2016-03-12
Yin-Yang- Posts : 1321
Join date : 2016-03-12
smallville wrote:Yin-Yang wrote:smallville wrote:Wait till market turns.. All will return
BTW.. turn is near....
But is it 5800?.....
5600??........ Or 5200?........
Or 5000?.. Hmmm.. u will know... EPS is coming lu neh?
Uhhh.. surely bottom cant be 4750 nuh?
My Buying strategy is - Buy in chunks.. And the golden rule is not to average down more than once
Cheers!!!
5300 is the Rock bottom to happen in Dec.
Want to bet something ?
Nuh.. Im small man u noh, cant afford to lose.. need CSE money for food... I take your word and refrain from buying
Still refraining from buying?
Backstage- Top contributor
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serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
Better to focuss on individual shares than the market as a whole untill uncertainity is ceased.Yin-Yang wrote:smallville wrote:Yin-Yang wrote:smallville wrote:Wait till market turns.. All will return
BTW.. turn is near....
But is it 5800?.....
5600??........ Or 5200?........
Or 5000?.. Hmmm.. u will know... EPS is coming lu neh?
Uhhh.. surely bottom cant be 4750 nuh?
My Buying strategy is - Buy in chunks.. And the golden rule is not to average down more than once
Cheers!!!
5300 is the Rock bottom to happen in Dec.
Want to bet something ?
Nuh.. Im small man u noh, cant afford to lose.. need CSE money for food... I take your word and refrain from buying
Still refraining from buying?
Yin-Yang- Posts : 1321
Join date : 2016-03-12
Backstage wrote:Halo YY, hows water theory holding up these days ? lot of dehydration around noh ?
Not dehydration bro;
it seems there is some kind of hole in the pot and water is draining out.
You have two options;
1. Fix the hole
2. Find a new pot
Yin-Yang- Posts : 1321
Join date : 2016-03-12
serene wrote:Better to focuss on individual shares than the market as a whole untill uncertainity is ceased.Yin-Yang wrote:smallville wrote:Yin-Yang wrote:smallville wrote:Wait till market turns.. All will return
BTW.. turn is near....
But is it 5800?.....
5600??........ Or 5200?........
Or 5000?.. Hmmm.. u will know... EPS is coming lu neh?
Uhhh.. surely bottom cant be 4750 nuh?
My Buying strategy is - Buy in chunks.. And the golden rule is not to average down more than once
Cheers!!!
5300 is the Rock bottom to happen in Dec.
Want to bet something ?
Nuh.. Im small man u noh, cant afford to lose.. need CSE money for food... I take your word and refrain from buying
Still refraining from buying?
You know what mate?
When someone is scared of something; he tend to focus on individual items only.
serene- Top contributor
- Posts : 4850
Join date : 2014-02-26
Yin-Yang wrote:serene wrote:Better to focuss on individual shares than the market as a whole untill uncertainity is ceased.Yin-Yang wrote:smallville wrote:Yin-Yang wrote:
5300 is the Rock bottom to happen in Dec.
Want to bet something ?
Nuh.. Im small man u noh, cant afford to lose.. need CSE money for food... I take your word and refrain from buying
Still refraining from buying?
You know what mate?
When someone is scared of something; he tend to focus on individual items only.
Then It is proved right.
Backstage- Top contributor
- Posts : 3803
Join date : 2014-02-24
Yin-Yang wrote:Backstage wrote:Halo YY, hows water theory holding up these days ? lot of dehydration around noh ?
Not dehydration bro;
it seems there is some kind of hole in the pot and water is draining out.
You have two options;
1. Fix the hole
2. Find a new pot
dear Lisa dear Lisa......
1. Hole fixers incompetent and Holier than thou.
2. All available pots have holes.
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Tue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා