4 Hrs session to make you a winner !
If you are seriously considering creating long-term wealth through equities first and foremost you must prepare a watchlist of stocks that you plan to accumulate, and then analyze them thoroughly.
The main problem with investors is that they can endure pain when the stock goes down but can’t withstand the stocks that go up! It’s probably because they don’t have conviction with the stocks they hold. The simplest rule given by Jesse Livermore in his 1923 written book “reminiscence of a stock operator” is to buy the stock when the price moves along the line of least resistance. Stocks will go up if there is less resistance to an advance than to a decline. Jesse also quoted in the book “It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight!”
The problem with retail investors is that they want to book their profits too soon because they are afraid that the stock will come back to their purchase price and lose their profits. When stock moves along the line of least resistance we don't have to worry much.,The sitting with the trending stock makes wealth for the investors. In reality investors are worried when stock moves up; they can’t sit tight with it. Take for example, som distilleries, it went up from circuit to circuit right from ₹105. Investors were worried the moment it came down from ₹140 after several circuits. Unless you correct this mindset you may find it difficult to build wealth.
Investors should learn the nuances of the market to profit from it. Had you analyzed you would have found that the promoters of som distilleries have been continuously increasing their holdings. Besides, the company has clocked higher sales with higher profit margins. More importantly, it’s working to expand its operations which means it will further increase its sales and profits. If you had known about this, you would have been more confident about the future prospects of the company and bought it at ₹105 like one of our members Naveen who dumped his money in the stock.
To help you further, this weekend we have organized a 2 day session from which you can master the art & science of investing confidently in stocks. The 6M technique (that will be discussed in the program) will help you to understand how you can evaluate a stock using fundamental analysis. It would also help you to pick stocks like ICICI bank and more importantly avoid stocks like Yes bank. We won’t be conducting the same course in the near future so it’s time you reserve your seat immediately by paying just ₹1750.
The link to subscribe is given below for your convenience.
Leave A Reply