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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » Dont catch falling knives!

Dont catch falling knives!

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61Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 6:30 am

roshan1039


Moderator
Moderator
@Teller wrote:@Asitha, dont follow big big manipulators tweets and fb pages. They give you hopes and dump next day . Remember history will be repeated like 2012


Yea true, it will be repeated and those who had experience will survive
New comers we have to educate continiously.
You are.doing a great work. Keep it up

madukp and judecroos like this post

62Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 8:36 am

xhunter


Moderator
Moderator
@Teller wrote:@Asitha, dont follow big big manipulators tweets and fb pages. They give you hopes and dump next day . Remember history will be repeated like 2012
Not only those market manipulators , you should not follow anyone. if a person says market will drop to 4800 or market will move to 7000 , in both cases you should just ignore that. market manipulators can be in both ends.
I am telling this because this same person is also one of them. you can check his post and how he tried hard to mislead new comers.

take away is "never follow anyone". learn how to analyze, estimate value, learn market behaviors, put all together and decide your prices (value is not the price, price will be decided by the market, market movement will be developed based on lot of other factors). calculate risk, come up with all risk mitigation plan. understand the thumb rule that when market gradually increase the probability of having a market dip increase, consider that and act accordingly. but be patient and it is not necessary to react for every development in the market.

But most important thing is, understand this person is also a manipulator who works for a third party.

roshan1039, madukp and judecroos like this post

63Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 9:12 am

roshan1039


Moderator
Moderator
@xhunter wrote:
@Teller wrote:@Asitha, dont follow big big manipulators tweets and fb pages. They give you hopes and dump next day . Remember history will be repeated like 2012
Not only those market manipulators , you should not follow anyone. if a person says market will drop to 4800 or market will move to 7000 , in both cases you should just ignore that. market manipulators can be in both ends.
I am telling this because this same person is also one of them. you can check his post and how he tried hard to mislead new comers.

take away is "never follow anyone". learn how to analyze, estimate value, learn market behaviors, put all together and decide your prices (value is not the price, price will be decided by the market, market movement will be developed based on lot of other factors). calculate risk, come up with all risk mitigation plan. understand the thumb rule that when market gradually increase the probability of having a market dip increase, consider that and act accordingly. but be patient and it is not necessary to react for every development in the market.

But most important thing is, understand this person is also a manipulator who works for a third party.

Agree

64Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 9:45 am

xhunter


Moderator
Moderator
In my previous post i said , when market increase the probability of having a market dip will also increase and we should act accordingly. 
So i thought for some members it will be valuable if i can share what i usually do (99% members , this is not important because they have build up their own strategy to address this, but for the rest this might be important ).

It is simple this is what i did. when market reached very close to 6000, that was one of action point according to my risk mitigating plan. my well planned action was liquidate 10% of my portfolio and keep cash ready.
I never saw this covid is coming or any sort of market dip. honestly i thought market will move to 6200 and then there will be a correction (that is not based on analysis, it is based on the momentum market gained in mid September) 

But i can not deviate from the original plan (because that plan was created putting lot of things in to consideration, so my emotions are not important, i should execute the plan).

here is the proof , my cash statement.
10% of my portfolio is just 4.5 mn , so you can see what i sold
Dont catch falling knives! - Page 4 Cash-s11

Why i sold RCL?   my target price was 120 , so it came very close that is one of my pick
Why I sold dialog ? i can say the reason, it is unfair to people who invested in dialog (but dialog can be sold even for 11.60)
Why i sold SAMP? my target price was 145, but it develop negative short term momentum
Why i sold COMB? No i didn't sell it, only  small portion were sold because i needed to make it 4.5 mn



Last edited by xhunter on Thu Oct 08, 2020 9:59 am; edited 1 time in total

madukp and Wonderer like this post

65Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 9:47 am

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
Dont catch falling knives! - Page 4 C5297e10

samaritan dislikes this post

66Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 9:52 am

ONTHEMONEY


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hi all,

I feel extra watchful and observing the market till this Friday and next would be wise.

Good Luck

geesura likes this post

67Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 08, 2020 10:00 am

samaritan


Moderator
Moderator
@ChooBoy wrote:Dont catch falling knives! - Page 4 C5297e10
March & May 2020 scenario is irrelevant, because that was the very first time the country faced a pandemic and the panic is justifiable, but at present people are aware of the threat and knowledgeable that it is manageable/controllable situation. 


_________________




The biggest risk in life is not taking any risk at all.

ErangaDS, Zahara khan and judecroos like this post

68Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Fri Oct 09, 2020 5:04 pm

samaritan


Moderator
Moderator
Even you catch falling knives don't catch falling wives!Dont catch falling knives! - Page 4 Icon_lolDont catch falling knives! - Page 4 Icon_lolDont catch falling knives! - Page 4 Icon_lol

Happy week-end.


_________________




The biggest risk in life is not taking any risk at all.

69Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Fri Oct 09, 2020 6:32 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@samaritan wrote:Even you catch falling knives don't catch falling wives!Dont catch falling knives! - Page 4 Icon_lolDont catch falling knives! - Page 4 Icon_lolDont catch falling knives! - Page 4 Icon_lol

Happy week-end.
Happy weekend  Very Happy Very Happy

70Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 8:26 am

ChooBoy


Manager - Equity Analytics
Manager - Equity Analytics
The latest woes have left millions of small investors feeling more confused than ever.
The free markets and common sense beg us to flee to safety. However, that's not to say there will not be any speed bumps on the road to prosperity.
The stock market's sudden downturn has left investors asking a disturbingly familiar question: What should I do now? The latest woes have left millions of small investors feeling more confused than ever. The volatility has triggered frantic calls from small investors who are desperate for guidance.
The up trend seems to have run out of steam for the time being. There could be a fair amount of pain to come as this drama escalates.
The disappointments are just as much a part of the process as the victories. The greatest wealth is always created from the ashes of chaos. If you are not in the game you'll miss the investment opportunities the current crisis creates. Pick yourself up, quickly take a positive step, and know that you’re closer to reaching your goal than you’ve ever been before.
Good luck and safe trading!

Asoka Samarakone FB Page

Truth Seeker and judecroos like this post

71Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:00 am

judecroos


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@ChooBoy wrote:The latest woes have left millions of small investors feeling more confused than ever.
The free markets and common sense beg us to flee to safety. However, that's not to say there will not be any speed bumps on the road to prosperity.
The stock market's sudden downturn has left investors asking a disturbingly familiar question: What should I do now? The latest woes have left millions of small investors feeling more confused than ever. The volatility has triggered frantic calls from small investors who are desperate for guidance.
The up trend seems to have run out of steam for the time being. There could be a fair amount of pain to come as this drama escalates.
The disappointments are just as much a part of the process as the victories. The greatest wealth is always created from the ashes of chaos. If you are not in the game you'll miss the investment opportunities the current crisis creates. Pick yourself up, quickly take a positive step, and know that you’re closer to reaching your goal than you’ve ever been before.
Good luck and safe trading!

Asoka Samarakone FB Page
Thank you for the encouraging words laid here for the benefit of all the members. Thank you again and again Mr. Samarakone and chooboy who shared this in the forum.

72Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:15 am

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
I remembered when first covid market crash lots of people said '' don't catch falling knifes and wait for the bottom. you know what? I caught lots of those falling knife at that time and nothing bad happened.

if you are an investor you have to catch some

C.THARANGA likes this post

73Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:27 am

FireandWater


Equity Analytic
Equity Analytic
No one can predict the bottom. we should not sell at this point. if in cash try and collect if the market is around 5500 levels. it might go down further but thats the investment risk. when it comes up which i think after a month every one will be happy. If buying buy value stock, these will go up slowly. but recover fast in a down turn.

Junior investor likes this post

74Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:30 am

roshan1039


Moderator
Moderator
@Junior investor wrote:I remembered when first covid market crash lots of people said '' don't catch falling knifes and wait for the bottom. you know what? I caught lots of those falling knife at that time and nothing bad happened.

if you are an investor you have to catch some

Agree with you, me too did same, but it should be done very carefully.

I expect another 200 to 300 points drop.

Buy at the right time let the panic to sell grab the opportunity at the right time.

Corona will not destroy the market, it will give you many opportunities to be rich.

Junior investor and judecroos like this post

75Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:38 am

judecroos


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@roshan1039 wrote:
@Junior investor wrote:I remembered when first covid market crash lots of people said '' don't catch falling knifes and wait for the bottom. you know what? I caught lots of those falling knife at that time and nothing bad happened.

if you are an investor you have to catch some

Agree with you, me too did same, but it should be done very carefully.

I expect another 200 to 300 points drop.

Buy at the right time let the panic to sell grab the opportunity at the right time.

Corona will not destroy the market, it will give you many opportunities to be rich.
True. Only you must have patients to hold and wait.

Junior investor and invest thinker like this post

76Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:53 am

invest thinker

invest thinker
Manager - Equity Analytics
Manager - Equity Analytics
no one understand this is temporary dip. few of them tried to panic people through various medias. because of, they already sold out entire. now, they wants to collect lower side. don't give any chances for them and better to avoid such youtube channel. after 2 weeks, every things under control..

judecroos and CSEdeSILVA like this post

77Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 10:57 am

judecroos


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@invest thinker wrote:no one understand this is temporary dip. few of them tried to panic people through various medias. because of, they already sold out entire. now, they wants to collect lower side. don't give any chances for them and better to avoid such youtube channel. after 2 weeks, every things under control..
 Thank you for your effort to write these few words  for the benefit of all our members. It is very sad some members of our forum take this situation to an advantage to mislead and ROB the hard earned money to their bosses or parties. These people also have youtube videos to mislead people. Thank you again for your humanity.  Dont catch falling knives! - Page 4 Icon_smile Dont catch falling knives! - Page 4 Icon_smile Dont catch falling knives! - Page 4 Icon_smile

78Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Oct 22, 2020 11:12 am

nish84


Manager - Equity Analytics
Manager - Equity Analytics
NOW COLLECT KOTA....

79Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Tue Jan 12, 2021 9:48 pm

roshan1039


Moderator
Moderator
Just to recall those jokers who told mkt will fall and mislead the crowd . Dont forget them

geesura likes this post

80Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Tue Jan 12, 2021 9:56 pm

geesura

geesura
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@roshan1039 wrote:Just to recall those jokers who told mkt will fall and mislead the crowd . Dont forget them
😂😂😂

81Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Mon Jan 25, 2021 6:27 pm

Wonderer


Equity Analytic
Equity Analytic
@xhunter wrote:In my previous post i said , when market increase the probability of having a market dip will also increase and we should act accordingly. 
So i thought for some members it will be valuable if i can share what i usually do (99% members , this is not important because they have build up their own strategy to address this, but for the rest this might be important ).

It is simple this is what i did. when market reached very close to 6000, that was one of action point according to my risk mitigating plan. my well planned action was liquidate 10% of my portfolio and keep cash ready.
I never saw this covid is coming or any sort of market dip. honestly i thought market will move to 6200 and then there will be a correction (that is not based on analysis, it is based on the momentum market gained in mid September) 

But i can not deviate from the original plan (because that plan was created putting lot of things in to consideration, so my emotions are not important, i should execute the plan).

here is the proof , my cash statement.
10% of my portfolio is just 4.5 mn , so you can see what i sold
Dont catch falling knives! - Page 4 Cash-s11

Why i sold RCL?   my target price was 120 , so it came very close that is one of my pick
Why I sold dialog ? i can say the reason, it is unfair to people who invested in dialog (but dialog can be sold even for 11.60)
Why i sold SAMP? my target price was 145, but it develop negative short term momentum
Why i sold COMB? No i didn't sell it, only  small portion were sold because i needed to make it 4.5 mn

Hi @xhunter


This was a good transparent post as well as a great advice on how to manage your portfolio and cash.
Would you be able to expand on this post and elaborate on the advice you would like to give considering the current market condition? Would you still be keeping 10% cash freely available?

Thank you.

82Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Feb 11, 2021 1:24 pm

ResearchMan


Senior Equity Analytic
Senior Equity Analytic
Any good  falling knives?

Sunimal likes this post

83Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Feb 11, 2021 1:28 pm

samaritan


Moderator
Moderator
@ResearchMan wrote:Any good  falling knives?
Now its falling missiles!


_________________




The biggest risk in life is not taking any risk at all.

Sunimal likes this post

84Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Feb 11, 2021 1:36 pm

xhunter

xhunter
Moderator
Moderator
@Wonderer wrote:
@xhunter wrote:In my previous post i said , when market increase the probability of having a market dip will also increase and we should act accordingly. 
So i thought for some members it will be valuable if i can share what i usually do (99% members , this is not important because they have build up their own strategy to address this, but for the rest this might be important ).

It is simple this is what i did. when market reached very close to 6000, that was one of action point according to my risk mitigating plan. my well planned action was liquidate 10% of my portfolio and keep cash ready.
I never saw this covid is coming or any sort of market dip. honestly i thought market will move to 6200 and then there will be a correction (that is not based on analysis, it is based on the momentum market gained in mid September) 

But i can not deviate from the original plan (because that plan was created putting lot of things in to consideration, so my emotions are not important, i should execute the plan).

here is the proof , my cash statement.
10% of my portfolio is just 4.5 mn , so you can see what i sold
Dont catch falling knives! - Page 4 Cash-s11

Why i sold RCL?   my target price was 120 , so it came very close that is one of my pick
Why I sold dialog ? i can say the reason, it is unfair to people who invested in dialog (but dialog can be sold even for 11.60)
Why i sold SAMP? my target price was 145, but it develop negative short term momentum
Why i sold COMB? No i didn't sell it, only  small portion were sold because i needed to make it 4.5 mn

Hi @xhunter


This was a good transparent post as well as a great advice on how to manage your portfolio and cash.
Would you be able to expand on this post and elaborate on the advice you would like to give considering the current market condition? Would you still be keeping 10% cash freely available?

Thank you.
yes, i had that when you asked the question, but today i utilized it and bought everything came to my direction. tomorrow also can be a red day. but it does not matter.

note: i dint see you asked this question, i saw it when this thread appeared in the top because of the post made today.
and now it is not just 4.5 m  , that 10% also grown proportional to portfolio.
i will again withdraw and fill the reserve at the next action point (this time it is not just based on ASPI, it is based on individual share prices)

85Dont catch falling knives! - Page 4 Empty Re: Dont catch falling knives! Thu Feb 11, 2021 4:21 pm

100Bill

100Bill
Senior Equity Analytic
Senior Equity Analytic
Is this falling knife?

What happened if I catch the knife?

What should I do now?
🤔

Questions this week.........

Sponsored content


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