Stock market is going day by day down. I am facing huge losses upwards of 10k+.. what to do?
have patience , stock market is subject to market risk .. there is always risk of loosing money ... with advantage of gaining money .
No risk ... No game .
2.8L inv
2.3L current
Exact
SELLING
I booked 2.7 Lakhs loss and 6.7 Lakhs profit. Total net now at 4 L profit. Started in May 2024 only, very late to the party. Capital employed 4 Lakhs. FOR SMALL INVESTMENT, it's not worth spending too much time in stock market. That's why I diversified with maximum 20k investment in a single company and FOCUSING on arranging higher capital. Small amounts will not make too much difference in our lives. COMING to this post if you need money urgently and if you can recover loss from other stocks in few days then you can book loss. Otherwise you can hold if the invested companies are good.
stoploss?
unless nift is down another 20% i dont consider it correction. 30% to 50% would be yummy 💦
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I booked 2.7 Lakhs loss and 6.7 Lakhs profit. Total net now at 4 L profit. Started in May 2024 only, very late to the party. Capital employed 4 Lakhs. FOR SMALL INVESTMENT, it's not worth spending too much time in stock market. That's why I diversified with maximum 20k investment in a single company and FOCUSING on arranging higher capital. Small amounts will not make too much difference in our lives. COMING to this post if you need money urgently and if you can recover loss from other stocks in few days then you can book loss. Otherwise you can hold if the invested companies are good.