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Showing posts from September, 2020

There are plenty of stocks in market never get obsessed with one Stock.

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Date: 01/September/2020 On 26-august-2020 brought 100 shares of ITC @196 with no stop loss, target  ,Entry and Exit strategy. Just hoping for the price to go in the right direction. This is not first time I made this mistake, I repeated this many times. Hoping for the stock price to go in the right direction. I must make my mind psychologically adapt to the strategy. Today AGR verdict needs to be  come out which will impact AIRTEL and IDEA stock prices definitely.  Airtel's OHCL was 513, 555, 549, 513. Airtel was trailing from few days. on 26-8-2020 it's price was around 514-520. If I purchased airtel instead of  ITC the scenario would be ,  I would have 39 shares in my portfolio at 514; I would have made a profit of 1300 if I sold Airtel at 550; Too much obsession with ITC made forget other opportunities. But I my interest was in capital protection. I didn't calculated Risk and Reward ratios.  One thing to learn here is there are too many opportunities in markets. One shou