20% earn in month

I promise my friends to earn 20% of my deposit within first month ....
today I lost 20.000.. with "R" share
can i reach my target on 25.06.2011 ?
stupid qustion ekak ne ...

How much is your investment or the % loss you made on "R"

so you made a promise of such a large amount without knowing what R is.
you need some serious luck very soon

Learn before dumping your money to stocks! Many things are there to learn!

Since you're new to CSE read almost every post in 2 SL stock forums to gain the best knowledge, which u cant gain by reading thousands of theory books. These forums have practical knowledge of real time investors.

firstly, you must be mad to think you can guarantee 20% returns like that. I would say about .5% of the people in the stock business over here can confidently talk about 10% returns per month. 20% is even harder.

Secondly, What is this R share? and how did you loose 20 per share. That looks catastrophic.

I 100% agree with npp , stumpy and mono


lets try


yes I am newcomer to stock

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....

today I lost 20.000.. with "R" share
can i reach my target on 25.06.2011 ?

It seems like you have entered the R (Which I guess SEYB of which I made about 22.7%) without knowing the behavior of R on the last day of trade and without much research. So I would seriously advice you to gain some basic knowledge about pattern of trades of each share types.

You have come to the correct place this is like the "Wikipedia" of CSE. use the search option and you'll find loads of articles and advices to make your target achievable.

20% in a month is next to impossible unless you are extremely good at reading chart patterns, have a LOT of money and a good understanding about market psychology. I must say i'm no expert and i'm not experienced enough to advice anyone, but let me tell you this -

When I started my portfolio value was around 100,000. So I never invested more than 20,000 in a single company rally or no rally. So my loss would be minimal in case of a bad decision. Also, i would do a few days worth research with annual/interim reports before I entered. Finally, don't trust your broker. I have a few instances when i lost a considerable amount because of him

Once again, I'm no expert.

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....


today I lost 20.000.. with "R" share

can i reach my target on 25.06.2011 ?

stupid qustion ekak ne ...

Sure failure in trading.

My target is 30% per year that mean about 3% per month.

ha_na wrote:
My target is 30% per year that mean about 3% per month.

Last month my realized gains are 2.64% and have a unrealized loss of -5.93%

@ xhora

what is the normal pattern of right last day? as i know some rights price reduced others increased? any previous links to study this pattern??

intelstk wrote:@ xhora

what is the normal pattern of right last day? as i know some rights price reduced others increased? any previous links to study this pattern??

Basics,
most people buy rights to trade not with intention to convert them to shares because of low prices of right only a 0.10 will give huge % wise gain. So on the last day most of the people will try to get rid of right or other wise they will lose everything if they don't convert them by paying extra. In the case of SEYB.R000 you have to pay Rs.75 extra.

Now the price of the SEYB.N0000 become very important on the last day. today SEYB.N0000 traded at 74. Now everyone can see they can buy cheaply from the market than paying extra for rights. so when people see SEYB.N traded at 74 they will try to dump SEYB.R at any price they can get. So if your not careful you'll end up with massive loss.

* With SEYB.R1 it's the other way around. Since you only have to pay 35 extra to convert this into SEYB.X paying 2.5 (35+2.5=37.5)for right is still cheaper than buying from market at 37.7

Follow this link as well
http://forum.srilankaequity.com/t3437-ldevr-what-a-disappointment?highlight=ldev+r

Classic mistake
http://forum.srilankaequity.com/t3038-hasu-rights
(Some people paid nearly the price of HASU.N price for this not knowing they have to pay another 62.5 to convert Imagine what will happen to those who bought rights at 62)

http://forum.srilankaequity.com/t1568-mara-rights
Same story as HASU

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....


today I lost 20.000.. with "R" share

can i reach my target on 25.06.2011 ?

stupid qustion ekak ne ...

You Mr have a nice target , but as said it will be more near to impossible according to the situation.
I am also a new comer who just entered in around January and was totally new to the commerce field and knew nothing about CSE, got only to know that it is better to invest in CSE than holding money in banks.
I started only with 10000 just to see what would happen, and just took the first step according to my wise broker , who adviced me to buy ATL @ 4.50 when it was in the very top . And i gained losses from the very moment i bought it .
So i know very well how a new comer become frustrated when the first move stucked.. So then i just spent several months leaving that stuff to be there and as i was quite busy with my studies.

Then I entered again having an ambition that i ll definitely succeed and my first target was to gain at least 100.00 profit as an initial step.

But this time i have time managed and i read a lot

these was the steps i took
1. Manage the time to have enough time to access the information
2.look for the informative sources available
Used a Book published by SEC in sinhala which i obtained free
This valuble forum found by facebook
stockpedia
bloomberg
cse.lk
and any related materiel available in net
Daily news and papers and CDAX
3. I moved myself to write what i learnt daily in a book to have records and looked out for new successful strategies

And the most important i think is listening to others who had previous experience

Then only i agained enterd to CSE with pretty little money and selling all my ATL with loss.

but again i made some loss due to emotions and cus of following of rallys at the end. so i learnt good lessons

I start the first profit from UBC and then i made a habbit of going for small profits but regularly as mush as possible using technical analysis , and also selected some fundamentally sound stocks . At this point i was hopeless cus still i dont have much knowledge cus i do have poor knowledge on analyzing financials

Now also in my protofolio i do have some greens and reds ,I m still not an expert ,and will not be for long time but I always think
SLOW AND STEADY WINS THE RACE

If some one can gain some thing from this thing thats a big thing for me.

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....


today I lost 20.000.. with "R" share

can i reach my target on 25.06.2011 ?

stupid qustion ekak ne ...

it seems you had lost in rights......

my losses
panic-6%
fear-91%
greedy-1%
bought at peaks-2%........

had a fresh start of month with over 7% loss in today.......

Akalanka wrote:

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....


today I lost 20.000.. with "R" share

can i reach my target on 25.06.2011 ?

stupid qustion ekak ne ...

You Mr have a nice target , but as said it will be more near to impossible according to the situation.
I am also a new comer who just entered in around January and was totally new to the commerce field and knew nothing about CSE, got only to know that it is better to invest in CSE than holding money in banks.
I started only with 10000 just to see what would happen, and just took the first step according to my wise broker , who adviced me to buy ATL @ 4.50 when it was in the very top . And i gained losses from the very moment i bought it .
So i know very well how a new comer become frustrated when the first move stucked.. So then i just spent several months leaving that stuff to be there and as i was quite busy with my studies.

Then I entered again having an ambition that i ll definitely succeed and my first target was to gain at least 100.00 profit as an initial step.

But this time i have time managed and i read a lot

these was the steps i took
1. Manage the time to have enough time to access the information
2.look for the informative sources available
Used a Book published by SEC in sinhala which i obtained free
This valuble forum found by facebook
stockpedia
bloomberg
cse.lk
and any related materiel available in net
Daily news and papers and CDAX
3. I moved myself to write what i learnt daily in a book to have records and looked out for new successful strategies

And the most important i think is listening to others who had previous experience

Then only i agained enterd to CSE with pretty little money and selling all my ATL with loss.

but again i made some loss due to emotions and cus of following of rallys at the end. so i learnt good lessons

I start the first profit from UBC and then i made a habbit of going for small profits but regularly as mush as possible using technical analysis , and also selected some fundamentally sound stocks . At this point i was hopeless cus still i dont have much knowledge cus i do have poor knowledge on analyzing financials

Now also in my protofolio i do have some greens and reds ,I m still not an expert ,and will not be for long time but I always think
SLOW AND STEADY WINS THE RACE

If some one can gain some thing from this thing thats a big thing for me.

way to go buddy! For the learning part you're totally inline with me!

ha_na wrote:

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....


today I lost 20.000.. with "R" share

can i reach my target on 25.06.2011 ?

stupid qustion ekak ne ...

Sure failure in trading.

My target is 30% per year that mean about 3% per month.

Good to know that there are some others like me. Mine is 25% per year, and so far some how managed to hold on to it.

My gain was only 5% as at May which was 12% as at April. This may further go down.

Wow very nice.

+rep for your motivational story.

I firstly invested in CSE right after my O/L. That time I did not know anything. Luckily my stock broker told me study the market more then we can give you a CDAX login to do trading. Somehow I lost the touch with the market due to studied. But during that time i even invested on a Unit trust as well. Somehow i had to take the money out from the Unit trust due to personal need. But that little money i invested when i was after O/L was there till recently. Actually i forgot about it. n after 6 years I did a internship in a research department of one of the broker firms. Then i remembered about the CDS a/c and gave my broker a call to find if i got any shares in my A/C. I found that, that little money had grown like a star. After that i invested quite a bit of money and got nearly 140% return in 1 month time. I think because of that easy money I lost so much thereafter. I just jump into rallies just to try my luck. N if I loose i didnt feel it much, thought of it as a learning experience.
Now its time to take some serious steps. Lost considerable amount (still on profit as i gained lot early) during past few months. I experienced the Warren Buffet's strategy of 'invest and think that the market is closed for 5 years'. I bet, you will thank your self for making that commitment when you see the pf. Now I am going to adopt that strategy for my future investments. Time to stop playing.

My annual expectation is about 25 to 30 per year, some times luck plays

I had small qty of seyb.R and I tried to sell it at last movement. but it did not go. Why is that? few of my firends also had same problem. This is with DirectFN TWS web interface.

wiser wrote:I had small qty of seyb.R and I tried to sell it at last movement. but it did not go. Why is that? few of my firends also had same problem. This is with DirectFN TWS web interface.

all pending orders are purged,so your order will not be executed.

STOCK HUNTER wrote:I promise my friends to earn 20% of my deposit within first month ....


today I lost 20.000.. with "R" share

can i reach my target on 25.06.2011 ?

stupid qustion ekak ne ...

20% a month that is too high expectation don;t you agree now. When FDs will bring you less than 15% a year should you not be happy if you can gain 25-30% yearly in the stock market. Anything more is ofcourse a bonus with experience.

I hope you did not borrow Friends money did you?

still not borrow dear sl stock .............

thanks for all

no offence but if u want to get a quick buck go to a casino. Its easy and returns are higher. Get rid of that mentality soon. otherwise it will kill you. There were times that i got 50% gain less than 1 hour in CSE(many did) . But its not a game that you can play everyday. Accept that u made a mistake and pay the loss to ur friend. start slowly machan. No need to hurry coz its like the ocean. Everyday u will get new opportunities. Good Luck ..