You buy and price falls,you sell and price rises!
Does It happen to you always?
Its a common investor problem!!
"I bought "XYZ Company" at Rs.2200 and immediately after I
bought the price dropped to Rs.2000." I feel sad. Another comes
with a different version "I sold "XYZ Company" at Rs.2000 and it
went up to Rs.2400 same evening"I made an imaginary loss of
Rs.400 per share.
Solution
You can buy more shares @ Rs.2000 and reduce your overall buying
cost. This has to be done only if believe in the
fundamentals,management and the future prospects of the company.
To do this you need to keep money ready.whatever money you have
and want to invest,make it two parts. Then keep one 50% cash
aside, only invest with other 50%.So if need ot buy more any
stock when the price falls you have ready cash.
Also now if you have 200 shares of XYZ Company 100@Rs.2200 and
100@Rs.2000.Then the price goes up to Rs.2400. Sell only 100 of
the shares.Then if the price further shot up, you have some
shares to sell And participate in the rally to make money.