๐โโ๏ธ Disciple of @TheVivekSinghal sir
๐ฏ Focus: Finance | Fitness | Family
๐ซ No noise. No tips. No trade calls.
๐ Learning attitude & positive vibes only.
โNo Stop-Loss Strategyโ
โ @Raamdeo Agrawal
I donโt believe in this approach just because @TheVivekSinghal sir advocates it. ๐
I believe in it because it is a proven approach followed by many legendary investors over decades. ๐๐
A strategy becomes powerful when it is backed by both conviction and evidence. ๐ฅ
Like most natural phenomena, markets are cyclical. ๐ฆ๏ธ๐๐
No matter how pessimistic things may look today, better times will eventually come. The only uncertainty is when. โณ
Our job is to conduct ourselves in the market in a way that allows us to endure the difficult phases and stay in the game long enough to experience the good days. ๐ช๐ฏ
Like most natural phenomena, markets are cyclical. ๐ฆ๏ธ๐๐
No matter how pessimistic things may look today, better times will eventually come. The only uncertainty is when. โณ
Our job is to conduct ourselves in the market in a way that allows us to endure the difficult phases and stay in the game long enough to experience the good days. ๐ช๐ฏ
I am not doing anything in the market.
Just sitting back and joyfully watching the much-hated IT sector roar back to life in an otherwise painful market! ๐๐ฅ
Yes, bro. 100% agreed.
I knew from day one that the majority of people lose money in the stock market.
Had I not read 200+ books, listened to 100+ market veterans, and worked relentlessly to find answers to my doubts, I might have blown up my capital even after attending Vivek Sirโs classes.
I didnโt stop at blindly following the strategies @TheVivekSinghal sir taught. Sir himself described them as elementary classes to get started with.
I continued learning, reading the books he recommended, studying other veteran investors, questioning my own understanding, and constantly refining, improving and personalising every step of the strategies I learnt from his online classes.
The credit goes to the foundation he provided, but the responsibility for learning, evolving and making my own decisions was always mine. ๐๐๐
If you are earning, saving, and investing in the stock market every month, with plans to trade for the next 20โ30 years, then what happens to your portfolio in the first 2โ3 years matters very little compared to what you learn and how much you improve during these foundational years.
Your early years are not just about making money; they are about building the skills, discipline, and conviction that will shape your next two or three decades in the market. ๐๐๐ฏ
Yes, bro. 100% agreed.
I knew from day one that the majority of people lose money in the stock market.
Had I not read 200+ books, listened to 100+ market veterans, and worked relentlessly to find answers to my doubts, I might have blown up my capital even after attending Vivek Sirโs classes.
I didnโt stop at blindly following the strategies @TheVivekSinghal sir taught. Sir himself described them as elementary classes to get started with.
I continued learning, reading the books he recommended, studying other veteran investors, questioning my own understanding, and constantly refining, improving and personalising every step of the strategies I learnt from his online classes.
The credit goes to the foundation he provided, but the responsibility for learning, evolving and making my own decisions was always mine. ๐๐๐
I am profitable at the portfolio level, but looking back at the last few years, I feel that stocks I selected using the strategies taught by Vivek Sir have performed better for me than the stocks he directly suggested. I don't like the idea of depending on anyone in the market.
That said, whatever I have learnt about the markets is largely through following his teachings.
The real value of a mentor is not in the stocks they recommend, but in the knowledge and skills they help you develop to make your own decisions. ๐๐
@PraDeep6412 1๏ธโฃ You shouldnโt have entered a trade just because Vivek Sir suggested it.
2๏ธโฃ You shouldnโt continue holding a stock just because Vivek Sir suggested it.
From day one, I understood two fundamental truths about the stock market. ๐ง ๐
1๏ธโฃ Anything, literally anything, can happen with an individual stock. No matter how strong the business appears, uncertainty is always there.
2๏ธโฃ Anyone, including Warren Buffett, can be wrong about a particular stock or remain wrong for a prolonged period. Even the best investors aren't infallible. ๐
I've been constructing my portfolio with these two realities firmly in mind. ๐ฏ
From day one, I understood two fundamental truths about the stock market. ๐ง ๐
1๏ธโฃ Anything, literally anything, can happen with an individual stock. No matter how strong the business appears, uncertainty is always there.
2๏ธโฃ Anyone, including Warren Buffett, can be wrong about a particular stock or remain wrong for a prolonged period. Even the best investors aren't infallible. ๐
I've been constructing my portfolio with these two realities firmly in mind. ๐ฏ
@PraDeep6412 These stocks have performed poorly in last few years. They together constitutes around 7-8% of my portfolio. I didnโt blindly averaged, this one thing has helped me a lot.
I also believe in stop-loss. For me, stop-loss is simply one tool of risk management. ๐ฏ
Risk management can be approached in multiple ways, including price-based stop-losses, which are commonly used by technical analysts. ๐
My approach to risk management involves:
โ Asset allocation across different asset classes.
โ Portfolio diversification within equities.
โ Limiting capital allocation to individual stocks and sectors.
โ Buying at reasonable valuations rather than chasing prices.
โ Trading only from a pre-decided list of quality stocks with a proven track record and having at least 5โ10 years of visibility for growth and market dominance. ๐
โ Taking trades based on my own understanding and conviction, rather than blindly following tips or averaging price corrections. ๐ง ๐
Risk management isn't just about deciding when to exit a stock. It's also about how much to invest, where to invest, what to invest in, and why to invest in the first place. ๐ก๐
If you go through my timeline, youโll notice that I already own many of the stocks youโve mentioned. ๐
But I havenโt averaged them blindly just because their prices have corrected. โ๐
Iโve never increased my capital allocation in a stock beyond 1% unless Iโve understood the underlying business and developed my own conviction. ๐ง ๐
Thatโs why, although many of these stocks are already in my portfolio, none of them has a capital allocation of more than 1โ2%. ๐ฏ
Price correction alone isnโt a reason to buy more. Business understanding and conviction come first. ๐ก๐