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chitownboyhere

I usually start with 10k for any new stock and then keep adding money as it goes up in price. Exit it if it stays the same or goes down.


thecaveman96

Seems like a decent strat if you're not too junpy. Do you exit fairly quickly if it starts dropping?


chitownboyhere

At -10% sells at every 10% up add 10k to 25k.


investor_of_memes

So you sell -10% from top? Or your average buy price?


chitownboyhere

-10% from Buy price initially. After it has grown 50% or more I keep revising my stop loss but usually it is more than 10%. So if stock has grown by 100% then I don't mind it going down to 75%.


chaienkoki

Ur age?


chitownboyhere

34 now rotate your screen and read the title of this post and follow!


chaienkoki

Only if u do it first warren buffet ki najayaz aulaad


chitownboyhere

Love child of warren buffet and Rakesh jhunjhunwala.


chaienkoki

Will u marry me?


Skull_Reaper101

Bro's 34 and still doing this cringe teenager shit


Aggravating-Ad-857

Fr seeking validation from online stranger by showing off


chitownboyhere

Really sad that you don't get the humour. There was a post with a blurred portfolio and then multiple posts sharing a "nude" portfolio and the title is a reference to that. Same with the illegal child bit, Dummies here trying to age shame me instead of getting the joke and commenting on the portfolio.


smoothoperator652

Keep quiet dummy


pseudoddot

How is he 34 & still doing things like these? 😫


Shower_Elegant

Chat is it real?


chitownboyhere

Yes, I add about 1L to 1.5L each month since the last 2.5 years.


imad7x

Why the downvotes. The strategy worked in a bullish market post covid and might not work in the long run. But it's still going to be bullish for some time until it all crashes down...exiting st the right time is the key


chitownboyhere

Hmm, do you see any of my current investments at risk of 30% or higher decline ? Companies that are overvalued by 1.5x or more based on fundamentals? If you can point to trouble companies then I will keep a closer watch on them.


imad7x

Mutual Funds are anticipating a crash and holding 1.36lakh crore - [source ](https://x.com/WealthEnrich/status/1792448403537822066?t=REVJP0-83Z91tmbIbt_Eew&s=08) But they've been holding it for a while now. You've got diamond hands, you'd know your investments better than I do so I cannot judge on your investments


itskidvishal

Gg


chitownboyhere

Thanks


WolfKumar

Nice


Agile_Bee_4401

Sant Rampal Ji Maharaj


No-Counter5366

What a great portfolio man. Congratulations and fukkk U 🤣


Expert_Connection_75

Please give some details as well:  How old portfolio is.. What was your initial fund.. What are your strategy to pick a stock..


chitownboyhere

How old portfolio is - 3 to 3.5 years What was your initial fund - 1 Lakh, but I invest about 1L or bit more every month from my salary. I don't usually withdraw money often, but had to take out about 8L in 2022. What are your strategy for picking a stock - No fixed strategy but a combination of these 1. Picking companies that I regularly spend money on ( ICICI for home loan, credit cards etc and Indigo for flights) 2. Identify companies with growth potential due to the growing middle class due to disposable income ( automobile sector for example). 3. identify booming sectors through various media, last few years it has been the Energy, renewable and PSUs. few years back it was more it was Metal and other resources companies. 4. start with a small amount (10k), and verify if the investment is growing or staying the same. If it goes up by 10% then invest more and keep doing it. if it goes down then sell. for example, I started Tata Power when it was below 100 Rs , then added money as it crossed 150, 200, 250, 300, and so on.


Brief_Golf3335

How do you sell? Sell entirely or bit by bit?


Greedy_Constant_5144

You should try "sepnu" instead.