Hello Everyone i have been a silent reader of Valuepickr for years since a decade or so. I started this post as i have learned from fellow valuepickrs , great investors , own mistakes i would pen down those to list my own thoughts and get back to them to keep learning curve and for others who may get some help with my learnings.
Please consider these as just views and my self learning ( no buy & sell recos ) .
My journey started in 2007 when i was too intrigued with markers and movement and i thought this is way to get rich quickly. My dad gave me some money and opened a demat account so i could explore my inertia. I started dabbling and some quick money gave me goosebump. In 2 years 2008 markets had a way of teaching lessons and i had a big pile of contracts and low networth than i started with.
Desire didnt die and i felt i needed to learn to get better i explored by talking to people taking tips and doing primary checks and investing . That didnt yield much as i wasnt fully aware about what i should have been looking at .
I remember i traded Suven pharma @ 20 rs for a 2 RS profit and i had averaged satyam post scam from 70 Rs to 10 Rs. Though i didnt hold enough to make money there.
My risk reward was not in place. I never looked at downside i always was too bullish on anything i bought.
Years passed capital was low and i did few good investments which yielded decent returns .
I started working and focus on equity was low but i was active with what was happening in markets.
I took decent size bet in Enkei wheels & Tejas network i averaged down from.300 rs to 100 rs didnt make anything in 1st one lost well in 2nd at that time tata taking stake was not announced telecon was not doing well and tejas was bleeding internal employees were selling . I lost patience and sold out .
My real journey to investing began post that in 2018
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