Does that mean we really dont have a chance to make something outta trading?
I don't agree, even if we face a huge problem with human rights, does it mean its going to be the end? No right!
We've been through lot of hard times, but survived...
Have a look at the number of shares changed hand as way of crossings for the past few days, everyone is aware of this situation but some were on buying sprees. They could have waited for few more months and see if they could grab them at lower prices.
Instead they timed the market. If the price matches their expectation just go ahead buy, if not wait. Shouldn't be of a panic and a panic creator?
A lot of members in this forum are trying to do swings, day trades may be. It's really hard to find investors, For those who wanna make quick buck it is always possible in this market.
100 rupees is also something! Who would give you if you just stayed and panicked. Not that it is not risky. you coud lose 1000 rps tryna gain 100, but if you are really in to this, it is possible....
What ever it is don't just panic, today i saw lot of seller mostly on small quantities, filling those greedy bids.
You know, when you buy you wanted it to go up by 10-20% next day, but you SELL on the next minute when you see some one else sells 10 cents below your cost! You think "okay this must be it, others sell because we are going to lose on human rights, aren't you? and you sell too?"
Well, think about it, know your limits, stick to your plan, don't follow the crowd, don't panic then you will always be a winner!
Good luck!