Q. Suppose you have a stock which was bought few weeks back and have risen 50% or more. What should be you doing going forward with such gain ?
Let's into get fact finding n use our valueguyz techniques to answer it in most simplistic manner.
I am sure you must be thinking that Profit book karlo kyonki market crash hone wali hai.
I mean common dost... this is not you thinking but a propaganda of stockbrokers via media to always make you think that "THIS IS IT" we are about to crash, world will collide or some US or China stupidity making rounds in your mind.
Stockbrokers works on commissions, it is always beneficial for them to keep idiots like Sattebaaj trading. More you trade more commissions he makes.
There going to be 2 final outcome of this vicious cycle of profit booking & then waiting to buy again.
Do you know that most intelligent, smart, cunning, ruthless & richest of riches works in world of trading. You can never beat them at their game, Period. End of the day they will take it all.
Our approach is always driven by common sense and from the start we never bought a stock but a share of business. Now let's talk business.
We always start by looking quality of business using valueguyz 5 quality parameters and then just wait till that business is under-valued. That's our buy approach.
We can check if your stock which is 50% + in gains is worth selling or not simply by doing exactly opposite of valeuguyz buying strategy.
Check for valueguyz 5 quality parameters, look for some drastic change or market shift that makes you confirm that this business is no longer what it used to be & it can lose its business quality.
If your answer is Strong YES than go ahead and sell or else hold on as per valueguyz strategies discussed in Multibagger advanced course.
Ask me anything on finance & Investing. Always happy to help :)
I am passionate about 3 things in my life Financial System, Fitness & Photography
I got introduced to Financial system through Forex Trading back in 2007 during my 3rd Year of Engineering & It was too complex yet magnificent. Officially I entered Indian Stock Market in early 2008 at the very beginning of Global Financial Crisis, but what the hell did I know for me it was the last semester & time to get serious about my passion ie, Counter Strike