i am usually used to watch market during market hour. but two day ago i have takes Banglalion connection and stop GP EDGE. Today i had two class test and i am on campus without Internet on my mobile. but when i come back from campus after market hour and see this i was shocked. 3+% fall in a day. i lose nothing today also in other way save a lot of money. but my friends loss a lot.

Reduction on price is normal according to Elliott wave Theory to bank sector. but such fall to index in one day is abnormal.

But i think 99% investor in DSE is uneducated about stock market and trading. i save money because i am trying make my self educated not because i am lucky.

And i think the big reason to lose money in DSE is misuse of buy and hold. buy and hold is the best and for-most classical and profit giving trick of stock market. but it is for wining position not for losing position. if you use for losing position it will give you a lot of loss. you should make to loss taking plan when buy a share. when touch it sell it take the loss and go some where else what seems like profit giver. it will remove you lose and also save you from both money and time loss. you should remember that investment is not about investing money but also time. money can come back not time.

but the biggest one is misuse of Averaging. i have see that most of the trader adding to losing position. it will reduce your loss per share but increase total loss. professional trader never do this the add to winning position which one reduce profit per share but increase total profit.


i am always try to fellow this

A loss never bothers me after I take it. I forget it overnight. But being wrong - not taking the loss - that is what does damage to the pocketbook and to the soul.
-by Jesse Livermore