5 Mistakes that you must avoid to achieve Trading/Investing Super Performance in 2024 and achieve your goals ..
1. Buying in a down trending market.
Always buy stocks when the market is in an uptrend so that you have tailwinds at your back and money making environment is easier. 1/n #investing
2. Buying low quality microcap /penny stocks.
Penny stocks are highly unreliable and volatile and most investors lose money here.
Always focus on high quality stocks with strong fundamentals and growth rates.
2/n
Apr 4, 2021 • 8 tweets • 5 min read
Indian Plastic Pipes and Fittings Industry: A Huge multiyear growth opportunity 📈
-Industry to grow at 12-14%. CAGR over next few years.
-Organised segment accounts for 60-65% market share.
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Major Growth Drivers-
-Government focus
-Increase in India's per capita plastic consumption.
-Substitution and replacement demand.
- Consolidation in pipes industry.
~Market leader in cranes
~Proxy play on the infra theme
~small cap
~Promoter holding >73%
~Low Debt, zero pledge
~Near ATH
Huge opportunity Size for Action Construction Equipments...👌👍
A short thread on the Few lessons I learned from #MarketWizards Books 📚
-There is no Single True Path
-Find a Method that is Compatible with your personality
-You may have to change your methods before you find the Right One
-Keep a Trading Journal
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-Know your Edge
-Learn from your Mistakes
-Risk Management is most important
-Stoploss should be placed a proper levels
-Don't speculate with a Loss
-Take larger positions on high conviction bets
-Don't trade so large that fear becomes a dominant factor
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Dec 20, 2020 • 7 tweets • 2 min read
⚡️⚡️
Having a proper investing style is a culmination of WHO you are and WHAT you want to achieve.
It's about the alignment of your Goals with your Personality which is unique to you only.
Here's a short thread on --
HOW TO DEVELOP YOUR INVESTMENT STYLE?
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1. Ask what do I want to achieve through investing/trading?
-How much returns do I want?
-What are my goals and and aspirations that I want fulfilled? What is my priority?
eg. Am I looking for materialistic fulfillment or aiming for financial freedom. Or maybe both?
~Market leader in quartz sinks
~Only one of four companies in the world with Schock technology
~Strong earnings.H2 expected to be even better
~Expanding capacity from 500000 to 600000 sinks.
~Recent tie up with IKEA.
