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Lack Of Patience And She Lost 20% Upper Circuit

Just 2 days back I wrote a blog about how patience is key in investing.

But people don’t learn until they themselves commit mistakes.

A client messaged me what to do with a particular stock I suggested (which she bought just last week).

I advised her to just hold on but unfortunately she had already sold out on someone’s else’s advice (If you can’t listen to your research analyst, no matter the quality of the research, you will not make money).

2 hours later, she messaged me that the stock is locked in 20% Upper Circuit.

Here’s a snippet of our conversation (Posting after her permission to do so):

You can’t do anything in such case.

I hope the readers will learn from other’s mistake.

Patience. Make it a tattoo on your body or imprint it in your mind if you’re into stock markets.

Read these blogs daily. It will help you build the mindset to become a better investor. That’s the intention of writing these blogs & sharing my experiences. I don’t make any money from these writings.

 

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