The fall and rise of the market is always successful in changing the view points of the the investor.
The same Script......Market remains the same...just faces change...
(1) At 2 % Fall : It just a bull market correction...My goal is very long term
(2) At 5 % Fall : The monsoon is weak,but we have a strong government,
anyways my hold period is more than 5 years
(3) At 10% Fall : I should have had got out earlier,would have had made
handsome gains
(4) At 15% Fall : Bloody hell,I knew this was coming,the government is
faltering,the growth is down,global economy is in
doldrums.
(5) At 20% Fall: Now is the time to get out,China is in recession,
Europe is in crisis,the US jobs data has turned worse,
I need to preserve capital.
(6) At 30% Fall: The outlook is grim all over the world,will wait more
to reenter
(7) At 35% Fall: Yup as I thought but the Fibonacci series tells that
another 15% correction can be expected from here.
I need to be patient,will enter around that period.
(8) At 5% Rise: It is a dead cat bouncing,will revert back
(9) At 15% Rise: There is nothing in the economy to validate this rise,
it has to fall,the market is not aligned with economy
(10) At 25% Rise: The outlook is changing,the government is mending
its acts,the global economy is rising,I will invest
after a 5 % correction.
(11)At 40% Rise: Shit,I should have invested 35 % fall,but right now
also there is value,I can make X Amount,Anyways
I am a long term Investor.....
This scenario gets repeated again and again,An investor changes from having a long term view to tracking technical points and then again starts having long term view.The fall and rise of the market is always successful in changing the view points of the the investor.Only those investors make money who are still intact on their decision....
(1) At 2 % Fall : It just a bull market correction...My goal is very long term
(2) At 5 % Fall : The monsoon is weak,but we have a strong government,
anyways my hold period is more than 5 years
(3) At 10% Fall : I should have had got out earlier,would have had made
handsome gains
(4) At 15% Fall : Bloody hell,I knew this was coming,the government is
faltering,the growth is down,global economy is in
doldrums.
(5) At 20% Fall: Now is the time to get out,China is in recession,
Europe is in crisis,the US jobs data has turned worse,
I need to preserve capital.
(6) At 30% Fall: The outlook is grim all over the world,will wait more
to reenter
(7) At 35% Fall: Yup as I thought but the Fibonacci series tells that
another 15% correction can be expected from here.
I need to be patient,will enter around that period.
(8) At 5% Rise: It is a dead cat bouncing,will revert back
(9) At 15% Rise: There is nothing in the economy to validate this rise,
it has to fall,the market is not aligned with economy
(10) At 25% Rise: The outlook is changing,the government is mending
its acts,the global economy is rising,I will invest
after a 5 % correction.
(11)At 40% Rise: Shit,I should have invested 35 % fall,but right now
also there is value,I can make X Amount,Anyways
I am a long term Investor.....
This scenario gets repeated again and again,An investor changes from having a long term view to tracking technical points and then again starts having long term view.The fall and rise of the market is always successful in changing the view points of the the investor.Only those investors make money who are still intact on their decision....
Think what you are ....what you want to be...and what can get you there...
Subscribe to:
Posts (Atom)