Why do you think I was after Aishwarya Rai all these years?

 

But now I guess I need to switch to Plan B.

 

Loss booking extremly vital Devesh.....and If one does'nt learn it, he will die poor!

 

I have seen more investors die in the market than traders.

 

Some Traders die taking multiple small losses...While many investors die taking a one time account wipeout.

 

I will post something from Livermore's book on this on the weekend.

 

 

 

coming to booking losses.....I have just the opposite view.....if you located value in your initial purchse and even then if the price comes down from there, buddy, for me its time to do some rupee cost averaging.....however, tremedous discipline must be there while you zero in on a particular stock at the first purchase. Bubble,I  have always wished my stocks to fall down very heavily, its the way I approach my work...... however, I am totally in sysnc with you that if the stock falls on any of the various crteria you have enlisted for yourself, the exit must be very brutal. For me , a hindalco became a sell immediatel it cut its dividend....a hero honda is also a sell for me now because of the same reason.I beleive one must be stubborn with matters to discipline....