velu Posted July 15, 2016 Posted July 15, 2016 1180 to 1195.. 1075 now.. I care for you sunny I tried these gambles when i started and burnt my ass .. There is risk to reward.. Shares were up already , so to have a decent upside, result should be reasonably good.. But any minor disappointment will have some severe downside .. Take tcs , it gave good result but still opened 2% down, because the good news is already factored in
G_B_ Posted July 15, 2016 Author Posted July 15, 2016 What's the reason for drop in profits for infy and it majors in general? Sent from my Wileyfox Swift using Tapatalk
velu Posted July 15, 2016 Posted July 15, 2016 20 minutes ago, G_B_ said: What's the reason for drop in profits for infy and it majors in general? Sent from my Wileyfox Swift using Tapatalk little less than expected profits and revenue.. major disappointment is revenue guidance and they said they have no idea about how brexit will affect them
tweaker Posted July 15, 2016 Posted July 15, 2016 Trading intraday jp associate,unitech this week. G_B_ 1
Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 1180 to 1195.. 1075 now.. I care for you sunny I tried these gambles when i started and burnt my ass .. There is risk to reward.. Shares were up already , so to have a decent upside, result should be reasonably good.. But any minor disappointment will have some severe downside .. Take tcs , it gave good result but still opened 2% down, because the good news is already factored in I made my money by selling more than half of my holdings when it hit 1195.The trick is not to be too greedy and stagger your risks.I still hold some Infy i bought at 1170ish levels.
velu Posted July 15, 2016 Posted July 15, 2016 Just now, Malcolm Merlyn said: I made my money by selling more than half of my holdings when it hit 1195.The trick is not to be too greedy and stagger your risks.I still hold some Infy i bought at 1170ish levels. you always tend to catch the lows and highs .. come on dude
Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 you always tend to catch the lows and highs .. come on dude If you want to lessen the burn you need to stagger the risks.But that doesnt mean i havent made a loss here.I have but its not big because i sold stocks at 1190 levels.Not high of 1195.And i told you when i bought the stocks didnt i.
velu Posted July 15, 2016 Posted July 15, 2016 Just now, Malcolm Merlyn said: If you want to lessen the burn you need to stagger the risks.But that doesnt mean i havent made a loss here.I have but its not big because i sold stocks at 1190 levels.Not high of 1195.And i told you when i bought the stocks didnt i. i want to teach you that gambling before the results is suicide .. you can make money once or twice , but int he end your money will be wiped out .. trust me , i am following almost every result from jan this year ( use to follow in breaks before ), and i know few things that doesnt work samething applies to gambling before any events like brexit or rexit.. successful traders gamble in options or atleast they hedge and as far as i know , this is the first tome 3 years that infy announced their results after market open , usually they announce it before mkt opens tweaker 1
G_B_ Posted July 15, 2016 Author Posted July 15, 2016 Strong set of numbers for ril. Beat estimates... Sent from my Wileyfox Swift using Tapatalk velu 1
velu Posted July 15, 2016 Posted July 15, 2016 7 minutes ago, G_B_ said: Strong set of numbers for ril. Beat estimates... Sent from my Wileyfox Swift using Tapatalk yep.. GRM number is really good , not sure how much inventory gain contributed.. last quarter too , RIL beat all estimates but there was some pft booking after the results..
Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 i want to teach you that gambling before the results is suicide .. you can make money once or twice , but int he end your money will be wiped out .. trust me , i am following almost every result from jan this year ( use to follow in breaks before ), and i know few things that doesnt work samething applies to gambling before any events like brexit or rexit.. successful traders gamble in options or atleast they hedge and as far as i know , this is the first tome 3 years that infy announced their results after market open , usually they announce it before mkt opens Infy declare results in close market so does TCS.I was lucky or would have been burnt.Lets see what Tata steel and Auto sector does.
velu Posted July 15, 2016 Posted July 15, 2016 2 minutes ago, Malcolm Merlyn said: Infy declare results in close market so does TCS.I was lucky or would have been burnt.Lets see what Tata steel and Auto sector does. Infy results always come just before market opens except on trading holidays .. And i can guarantee that And all Tata companies declare results after the mkt closes Trust me i follow this religiously
Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 Infy results always come just before market opens except on trading holidays .. And i can guarantee that And all Tata companies declare results after the mkt closes Trust me i follow this religiously What else did i say? They declare results in close market.
velu Posted July 15, 2016 Posted July 15, 2016 5 minutes ago, Malcolm Merlyn said: What else did i say? They declare results in close market. nah .. you might have been screwed even more if infy did announce it on their usual time like it might have opened 8 to 9% gap down instead of flat 1% like today trust me .. if u r trading on events / results we need to know when the results ll usually come and i have a list of the companies and their result timings
Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 nah .. you might have been screwed even more if infy did announce it on their usual time like it might have opened 8 to 9% gap down instead of flat 1% like today trust me .. if u r trading on events / results we need to know when the results ll usually come and i have a list of the companies and their result timings Yes i would have been screwed.But i didnt get burnt that badly because by the time the time results had opened i had sold some of my holdings.Massive save tbh.
velu Posted July 15, 2016 Posted July 15, 2016 (edited) 9 minutes ago, Malcolm Merlyn said: @velu You believe IOC will beat estimatez? i never gamble before the events/results .. thats my learning after burning my ass initially most of the times we cant guess the reaction to the result if the results are good or bad.. we retail guys cant guess how much of the price movement is already factored in before any event.. that is why i wont gamble before the result if i am forced to gamble , i would always short the stocks before the results if people are already expecting it to give good results.. cos if they didnt meet the expectations , stock will tank .. if results are inline , stock will be flat good example is TCS and INFY today Edit:- If you still want to gamble , buy calls or puts or do long straddle/strangle.. Edited July 15, 2016 by velu randomGuy 1
Malcolm Merlyn Posted July 15, 2016 Posted July 15, 2016 i never gamble before the events/results .. thats my learning after burning my ass initially most of the times we cant guess the reaction to the result if the results are good or bad.. we retail guys cant guess how much of the price movement is already factored in before any event.. that is why i wont gamble before the result if i am forced to gamble , i would always short the stocks before the results if people are already expecting it to give good results.. cos if they didnt meet the expectations , stock will tank .. if results are inline , stock will be flat good example is TCS and INFY today Edit:- If you still want to gamble , buy calls or puts or do long straddle/strangle.. Well i have my strategies. Like the rest of my Infy holdings i would be holding them for long now.Because over the next 2 quarters i expect infy to recover.
velu Posted July 15, 2016 Posted July 15, 2016 Well i have my strategies. Like the rest of my Infy holdings i would be holding them for long now.Because over the next 2 quarters i expect infy to recover. Investing is for uncles only.. No kicks and zero fun .. dnt do Have you read big short or seen the movie? Half blind doctor made a billion
Recommended Posts