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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Don't stay stuck on something for longer than it deserves – otherwise, you'll remain facing sadness. Stock market for beginners

Don't stay stuck on something for longer than it deserves – otherwise, you'll remain facing sadness. Stock market for beginners

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Asoka Samarakone


Expert
Expert

Don't stay stuck on something for longer than it deserves – otherwise, you'll remain facing sadness.
Stock market for beginners 
Failure doesn't mean the game is over, it means try again with experience.
Control what you can and let go of what you can't. If it works out, great! If it doesn't, then move on with a hopeful mindset. Don't stay stuck on something for longer than it deserves – otherwise, you'll remain facing sadness.
Don’t Be Afraid to Take Partial or All Profits. 
The past several weeks have been marked by trades starting to work only to reverse and cause teeth gritting and desk banging! Take heart! You are not alone if this is how you have felt.
Hard work pays off as long as you believe in yourself and ignore others opinion. Two of the hardest tests in the stock market. 
The patience to wait for the right moment and the courage to accept whatever you encounter.
Most of the stock market achievements have been accomplished by people who have kept on trying when there seemed to be no hope at all. 
Good luck and safe trading 
Asoka Samarakone 

balaharuwa, Hitazz, madukp and judecroos like this post

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Hi all, 


It's so HILARIOUS to see many brokers and research firms give BOTTOM OUT Targets. But no one couldn't give a maximum targets for ASPI in January 2021.

What I feel is the fact that NO ONE EXACTLY PREDICT the market. 

Everyone wants to COLLECT at the BOTTOM and share SO MANY REASONS for that. What brokers/research firms/economist now share are following for CSE pull back. 

1. UNHRC vote loosing(my view - SL WILL NOT HAVE ANY ECONOMIC SANCTIONS if loose, though it looks like SL will loose the vote)


2. SL debt payment(my view - SL is having enough reserves to pay 2021 debt, no undue fear)

Even if the country defaults foreign debt payments, where can the DOMESTIC INVESTORS to keep funds? Can INVESTORS take money abroad to keep IN SWISS BANKS? Very Happy Very Happy Very Happy

So, DO NOT PANIC.

Instead COLLECT STOCKS when falling in an INCREMENT PHASE. The more it falls, the more it ATTRACTIVE. No expert can predict.

Good Luck

stockchaser likes this post

ColomboCSE


Manager - Equity Analytics
Manager - Equity Analytics

Asoka Samarakone wrote:Don't stay stuck on something for longer than it deserves – otherwise, you'll remain facing sadness.

well said  Smile

after seen some buying patterns today even, still I can't understand why ppls put their money without just think simple value for money theory

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