LEAP INDIA -IPO
What i observed from my long trading journey is that People generally book loss in such kind of IPOs on listing day because they dont able to cope up with falling price and fear of getting trapped with more losses…
When i posted i will hold my allotment,many people came in my message box and warned me also that i am making a big mistake and should book loss…
I didn’t reply to any such post coz in my last 27 years of trading and investing i have faced this type of situation many times and know what to do…
My friends can u tell me when u applied in IPO u must be having something in ur mind that why u r applying in this IPO…
You must have studied the company’s fundamentals and future growth prospects and if u r satisfied with this and applied than what changed after 3 days on listing,I think nothing changed but than why u booked loss or even think of it…
Friends we should study the company before applying and if we have faith on our analysis price movement on listing day or next 15-20 days hardly matters…
I personally apply in IPO after deep study and if allotted exit only if gets good gain on listing but at the same time ready to hold for unknown period if listing is in loss or very less gain…
So friends do some hard work before applying in IPO and apply with only that amount which u can hold in case of unexpected listing…
Booking a loss is very simple but holding to ur conviction with patience is difficult but once successful it will become ur nature and no noise will shake u from ur path..
Thank you…
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