Just read if you have time this is a small story or rather an advice for the young investors,
I have been trading in the stock market for almost for the last one year, and i still regret for my self for entering the stock market so late while the best opportunity was to enter to the market was just before the WAR was over, any way i am glad at-least i entered to the market at the correct time,
for the last one years experience i have been visiting my stock broker mostly, probably every day, and I have been with him during the market bubble and also even when the market was up and even when the market was down, during this time what i realized in my experience was that there are enough of day traders or probably the weekly traders now( T+5 traders), so what i have realized or what i have noticed during my visit to the stock broker is when ever the market is down simply there are no people at all with the broker but supposing if the market is up , Yes there are enough of traders and buy-orders that he cannot handle too,
What is the reason behind this ? is this the mentality of the Sri lankans? Why don't people buy shares when they go down? why do people buy shares only when they see it going up?
Are we intelligent players in the market?
Is there is a reason for this mentality of this investors? how could we change this mentality of the investors?
Well what i think is the intelligent player buys the stock when its down or simply when the market is red and he sells it when high or probably when the market is green,
But i don't see that type of players in the market much, what i think is they are the real winners at the end of the day,
If so why don't people behave in that way? is it there mentality? or there behavior? what is the reason behind this?
I think its the attitude that we have , isn't it? we have an attitude of following the crowd , going behind the people isn't it?
I think we should change this attitude from our life's, we should pick the stock when its low, and we should be able to hold it and wait until we gain our profits,
If we change our attitude instead of going behind the people and acting as investors while collecting at bargain prices , we would be the winners at the end of the day,
Just think a little GUYS,there is nothing that i gain from this article but i just wanted to educate the young investors since there were no one to educate us when we entered to the market,
We don't want to see a such a set of investors who that goes behind the crowd and buy stocks, what happens at the end of the day they get panic and sell while the intelligent players collects and win the race,
Who are the losers at the end of the day? the bunch that went behind the crowd , isnt it?
I have seen more young investors such as school leavers and the young generation coming to the market more than the old dudes, that's really good isn't it?
Some times I'm jealous thinking if we entered to the market while we left school today we would have been become millionaires instead of writing articles like this, any way
It is really good to see the young generation investing and thinking of the future, we need youngsters like that isn't it?
so therefore as a community let us guide them and correct them, protect them and encourage them during market fluctuations to be strong dont let them get panic and allow them to sell there investment for dirt cheap,
future of ours is in our hands not on manipulators as investors, and that is if we dont follow the crowd, but only if we identify the potential of our investment, and also the future of this country is also in our hands not on CSE or SEC's hands and also not on the manipulators hands,
Therefore my only advice is buy when its down and sell when its up,if you are a T+5 trader,
If you are an investor Hold it as much as you could since The more you could hold on the more you would be a winner or the champion at the end of the day,
This market(CSE) has just started its journey, hence therefore don't be afraid just because a share comes down by one, two or three rupees since in the future it would go up by ten , twenty or thirty rupees,
Trust me you all could be millionaires and billionaires as long as you could hold on to your share that you could trust,
More than everything have faith in your stock or on your investment that you have made, don't ever be panic and give up your stock if you know the future value of it,
Invest in shares that would give you good returns and think of the future and work always,
if we thought of the future while we were doing our advanced levels we would have been engineers accountants and doctors today,
But we didn't know the value of our education isn't it? , why was that ? because we never thought of our future,
If we had another chance wont we study hard and become a doctor or an engineer today?
Yes we would isnt it? because we know the value of it today, but there is no second chance ,
Even in life there would be no second chance and even in your investment there would be no second chance,
LWL was just Rs5/- two years back Today Rs.166/-
Tyre was just Rs. 2.75 three years back and went to 138 before the split
LOLC was Around Rs 20/- and went up to Rs.1600/- before the split
imagine if you had invested those days,
our children would also tell this one day, why didn't you hold on dad? today we would have become millionaires,
nothing on earth goes down in price other human qualities ,eventually everything is going up , mainly the greed or greediness is the only thing that goes up more than everything in our lifes, so the future investors would be more greedy as you are greedy now , when they become greedy you would be rich, think in that way, and wait until they be greedy to buy your investment ,
so therefore don't worry of anything everything will go up and nothing will go down in this market its the way you hold on and its a matter of courage of holding on things in life,
think in this way who ever that buys for this price today will have to sell for a higher price than today , so its a matter of holding on,
Even the stock market is like that, there would be no second chance unless you hold it now instead of changing hands,
Just a bit of advice , may be I'm wrong but i just wanted to share what i felt and how i feel of the future,
Can you remember the heading of this article now? No because you never thought that you will need it isnt it? So read the heading now again and think whether you are still young or old as an investor,
all the best guys
Have a great week of trading
All the best,