Kuch toh Log kahenge ....!

 Kuch toh log kahenge

Prices of assets are bound to oscillate, people wish to sell at the top and buy at the best bottom, there are times when we as portfolio traders ( who trades on behalf of clients , or advice the clients over buying / selling the assets at specific prices ), when we sell at a price and the price appreciates even further beyond our selling price. This is hard for them to digest that their holding wasn't sold on the highest price, time and again we have to explain them that there are several factors regarding a sell trade such as :-

  • when we bought the asset we had a strategy over price movement, and derived a selling price prior to buying, and once the price arrives we sell it
  • from our long term experience we develop some sensitivity about the formation of candle sticks and we start being suspicious about the either side big movement ( it can be downside as well ) and if we don't sell at some profits , these same clients will come hunting for us demanding explanations regarding why we didn't book profits ...
  • even knowing that the upside move hasn't ended we sell at times just because we see an opportunity in some other asset which according to us can earn the client a little quicker or a little more than the current one.
  • The overall average cost of holding for the client might be coming to a very safer price if we sell partial quantity and thus it drives us to sell.... and so on ...there are several factors upon which we decide 
  • and yes we decide on basis of the mentality and nature of clients as well ( not always )

This was for readers to have some  know how regarding why people sell and especially the professional traders, and also this is a fact that we portfolio managers are not Gods, unless we aren't selling in losses we are good to do with.

Now I have built myself in such a way that i don't pay any heed to what they say, most the times I don't even hear what they have to say, I stay aloof from conversations with such people, because I read a proverb once which says:


"A person who is in constant fear, makes you fear as well "

Location: Borivali west

Comments

New comments are not allowed.

Popular posts from this blog

This world is all about marketing !!!

 This world is all about marketing !!! As a person with specific skills, and a zeal to help the needy I started a telegram channel to post my stock trade recommendations , it  has been more than a year now. And I havent gained substantial followers / subscribers. I kept thinking what is going wrong , whether my trades arent upto the mark, or whether my presentation is not being understood by people or what is the issue ..Then I decided to give it some more time and stick to what I have been doing . Then one fine day I decided to follow people of profession similar to me over twitter, and found they too have such telegram channels same as I have. I joined some of those channels and saw the quality of posts / content, they didnt even wrote price targets they just wrote juicy catchy terms like xyz stock look good from here , this looks weak from here and so on , no description  of price targets  , entry levels nothing ... Then it clicked to me that their content isnt go...
Read more

When all talk sweet with you

  When all talk sweet with you As we post over social media about various strategies and chart patterns, also at times some predictions, its probable that fellows over social media starts interacting over the time. As I have been through the times when I had no clue about how to form a strategy or no clues regarding how the prices move in the markets, not forgetting my start , the situations which I have faced and the fears for the future professionally, financially and a bit socially too , I always welcome the youth who wishes to interact with me over social media with a view to guide them and help them to learn the markets ( if they wish to ) . As time passes we tend to talk over private messages  / inbox and then as usual I start sharing my chart drawings so as to share my views, and generate an interest with the young fellow over the other side. Interests gets generated , and more conversations happen, during these conversations there are times when these guys talks very s...
Read more