@Meta Trader wrote:@optimistic wrote:Its really nice to see all the experts gathering on this thread to rescue this gentleman in an undesirable position and encouraging beginners like us. Looking at a portfolio with an unrealized loss of 100,000+ can be very depressing. Its the same in my case, even after having some decent shares which include LOLC and SAMP. Only exception being COCO.N (I purchased this on my brokers advice right at the top, that is Rs. 91 because he said that it will move to Rs. 160) . When asked why he thinks so, he didnt have a clue to answer that. But it was my stupidity. I trusted him because on earlier occasions he predicted YORK is a good buy when it was trading at Rs. 28 and also LCEY when it was trading at Rs. 206. On both occasions I did not buy them because I had to not studied them. And so I missed the chance to board both trains. Anyhow I'm not going to sell anything to incur losses. I bought these stocks to hold long term on the first place, except COCO which he said that its a good medium term investment. I hope so.
well i strongly believe that if u really want to learn the art of investing or trading you must experience what it feels like to be in the losing side.
that how i learned the art .
true true. I agree with you. Well. it hasnt been a whole lot of time since I entered the CSE. During the 6 months experience at CSE, I have roughly lost something like Rs. 300,000 but I've gained much more than I lost. Regardless of the losses, I have gained some valuable tips to incorporate in trading stocks from this forum. So I'm really grateful for that. I think if people learn things the hard way, chances of failure or loss will be very low. Downfalls only add to your experience. I still have faith in this market. Patience is the name of the game.