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Janak.merchant1
Senior Member
Joined: 14/Jan/2008
Location: India
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Posts: 364
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   Posted: 03/Jun/2008 at 11:06pm |
Originally posted by manishdave
Janakbhai,
I made some money in Uranium but not as much as I desired. Reason was that largest producer Cameco had hedged U for long term so selling price was already fixed at lower level and even then price was not cheap so I did some trades on declines. But my bigger position was in WMC which had 38% of known global U reserves. But BHP took that over @30% premium.
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Hi Manish,
I find it very difficult even to closely follow companies i am interested in, what they r doing, what their comeptitors r doing etc.
Is it not really very difficult to trade profitably in commodities?
Jim Rogers might find it easy. I find it very tough. Not my cup of tea.
But i will always be curious.
Wud always like to learn.
Best wishes,
JM
Edited by Janak.merchant1 - 05/Jun/2008 at 11:35pm
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I love my money, not my opinion. So i am ready and willing to change my opinion for the sake of protecting my money.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 03/Jun/2008 at 10:23am |
Originally posted by manishdave
Abt Party!!
Accountant(to boss): Company made profit this year!!
Boss: lets arrange party.
Acct: If we expense that, we will get back into loss. |
Ha ha 
Yet very few are in a position even to think about a party!!
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Life can only be understood backwards—but it must be lived forwards
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Janak.merchant1
Senior Member
Joined: 14/Jan/2008
Location: India
Online Status: Offline
Posts: 364
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Posted: 09/Jun/2008 at 10:33pm |
Originally posted by manishdave
Janakbhai,
Amazon is abt 6% up after I shorted and I am fine with that. It happens all the time.
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Hi Manish,
Can u take thru your reasons-logic for such trade?
I wud like to learn about trading. What is the best way and resource?
I am serious. So thanks in advance. Also which thread-topic wud u recommend-suggest on TEd where we can continue to discuss this trading points?
Best wishes,
JM
Edited by Janak.merchant1 - 09/Jun/2008 at 10:37pm
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I love my money, not my opinion. So i am ready and willing to change my opinion for the sake of protecting my money.
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PrashantS
Senior Member
Joined: 14/Oct/2006
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Posts: 1294
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Posted: 09/Jun/2008 at 12:40pm |
Originally posted by manishdave
Janakbhai,
Amazon is abt 6% up after I shorted and I am fine with that. It happens all the time.
__________
manish ji instead u could have bought puts ...i am sure it would have lost less money compared to shorting it?
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experteye
Senior Member
Joined: 20/Mar/2008
Location: India
Online Status: Offline
Posts: 496
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Posted: 09/Jun/2008 at 9:52am |
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Of cource we are globlised so we have to bear gains & pains.
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more risk,more profit but have a vision before taking risk,itis all about investment in equities market.
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kulman
Senior Member
Joined: 02/Sep/2006
Location: India
Online Status: Offline
Posts: 9319
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Posted: 13/Jan/2009 at 9:01am |
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With the current scenario, perhaps title of this thread needs to be amended (with hope & pray)
Whatever good happened globally only will happen in India!
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Life can only be understood backwards—but it must be lived forwards
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basant
Admin Group
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
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Posted: 13/Jan/2009 at 9:16am |
We have to take the good with the bad. My entire capital has been created on this premise and hence I am holding stocks with that concept even now. But yes, the pain has been gruesome but it happens all the time. People learn new ways to lose money as they do to make one.
This theme is the best if one wants to make supernormal returns (even after accounting for the supernormal loss).
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'The Thoughtful Investor: A Journey to Financial Freedom Through Stock Market Investing' - A Book on Equity Investing especially for Indian Investors. Book your copy now: www.thethoughtfulinvestor.in
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experteye
Senior Member
Joined: 20/Mar/2008
Location: India
Online Status: Offline
Posts: 496
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Posted: 08/Feb/2009 at 4:17pm |
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Fact is fact & it is slowdown...and to me it is just beginning of that.Market is far..far from bottom.
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more risk,more profit but have a vision before taking risk,itis all about investment in equities market.
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