The biggest mistakes

2011_NewComer wrote:I thought he is asking the question related to market

@hybrid_OS - Don't ever regret being born in to this world. Get the maximum use of being born as a human (do something for yourself and do something for others) just my thoughts

hybrid_OS wrote:Dutugemunu was a good Buddhist and ate only vegies.
Today there is Beaf Steak and people on the forum jump staight to the beaf steaks.
No chance for Moda Rice!

Milindaperera wrote:http://www.adaderana.lk/news.php?mode=head&nid=827

Ha ha... What the.. KING DUTUGAMUNU .. ha ha .. Who gave this opprtunty to this clown. Funky monkey plays (insults) that great legendary role. Wena kenek hitiyema nadda deviyane ..

2011_NewComer wrote:I started trading this year.
The biggest mistake I did was buying Union Bank shares on the first day early morning at around Rs43. (Thought that it'll move similar to SFIN)
Worst part was, most of it I bought from buying power, so had to settle within few days a big loss
Another mistake is not selling it when it's going down and down, hoping that it'll move up soon, waited and waited and finally sold around 33

RockStock wrote:

2011_NewComer wrote:I started trading this year.
The biggest mistake I did was buying Union Bank shares on the first day early morning at around Rs43. (Thought that it'll move similar to SFIN)
Worst part was, most of it I bought from buying power, so had to settle within few days a big loss
Another mistake is not selling it when it's going down and down, hoping that it'll move up soon, waited and waited and finally sold around 33

This is a good lesson for you to learn at the very beginning, however this is not that big mistake, what about those who invested VANIK and PUGODA etc, They don't trade any more, that is a total capital lost.
Those days VANIK behavior was like same as today's GREG, They were too much aggressive, and couldn't resist the recession . However there are news that VANIK going to re-enter the seen after court approval.

UKboy wrote:

RockStock wrote:

2011_NewComer wrote:I started trading this year.
The biggest mistake I did was buying Union Bank shares on the first day early morning at around Rs43. (Thought that it'll move similar to SFIN)
Worst part was, most of it I bought from buying power, so had to settle within few days a big loss
Another mistake is not selling it when it's going down and down, hoping that it'll move up soon, waited and waited and finally sold around 33

This is a good lesson for you to learn at the very beginning, however this is not that big mistake, what about those who invested VANIK and PUGODA etc, They don't trade any more, that is a total capital lost.
Those days VANIK behavior was like same as today's GREG, They were too much aggressive, and couldn't resist the recession . However there are news that VANIK going to re-enter the seen after court approval.

I still have some VANIK shares in my PF. VANIK used to be a mentor of modern day penny stocks. I cant remember exactly when was it ( I think 2005- 2006 time) but we used to buy VANIK in bulks and sell with a 20 cents gain. If I remembered correctly it was trading around Rs 1.50- 2.00 for long time. Gosh those were the hardest days at CSE. You had to be very lucky to get more than 10% profits from an investment.

Nowadays some people cry if the market goes into Red 3, 4 days continuously. But those days sometimes market didnt move for weeks.

Akalanka wrote: for me . . .the biggest mistake was just believe only in the broker.
I lost several kilos as i bought at the top just because the broker was able to convince me to buy it in my very first day. .


so so .. . from then onwards i no believe only in them so do little analysis a smuch as possible. . .

UKboy wrote:

RockStock wrote:

2011_NewComer wrote:I started trading this year.
The biggest mistake I did was buying Union Bank shares on the first day early morning at around Rs43. (Thought that it'll move similar to SFIN)
Worst part was, most of it I bought from buying power, so had to settle within few days a big loss
Another mistake is not selling it when it's going down and down, hoping that it'll move up soon, waited and waited and finally sold around 33

This is a good lesson for you to learn at the very beginning, however this is not that big mistake, what about those who invested VANIK and PUGODA etc, They don't trade any more, that is a total capital lost.
Those days VANIK behavior was like same as today's GREG, They were too much aggressive, and couldn't resist the recession . However there are news that VANIK going to re-enter the seen after court approval.

I still have some VANIK shares in my PF. VANIK used to be a mentor of modern day penny stocks. I cant remember exactly when was it ( I think 2005- 2006 time) but we used to buy VANIK in bulks and sell with a 20 cents gain. If I remembered correctly it was trading around Rs 1.50- 2.00 for long time. Gosh those were the hardest days at CSE. You had to be very lucky to get more than 10% profits from an investment.

Nowadays some people cry if the market goes into Red 3, 4 days continuously. But those days sometimes market didnt move for weeks.

wikum100 wrote:
you were real investors i suppose .....see despite the fact that mkt is not moving and with very minimal profit margin still you invested and helped to kept the mkt moving ....great ppl