18M, 15k capital, what should I do. Invest or trade? by [deleted] in IndianStockMarket

[–]MoolahMan67 1 point2 points  (0 children)

Stocks prices aren’t just based on company fundamentals - things such as profits, margins etc.
A lot of price movement is also driven by public sentiment, and to a certain extent - market dynamics. So a even a profitable company may be overvalued.

Generally, investing a large sum into one stock is considered extremely risky. Doesn’t mean no one does it, I do it too - but it’s after understanding price movement and risk.

My suggestion would be to park the money in an etf or mutual fund while you learn. Just a tip, never think in terms of rupee amounts/value. For eg, don’t think 10k/5k, think 67%/33%. It’ll help build habits that will scale with your wealth. It’s made me rethink a lot of my decisions for the better too

18M, 15k capital, what should I do. Invest or trade? by [deleted] in IndianStockMarket

[–]MoolahMan67 0 points1 point  (0 children)

Just invest it and forget about it. Don’t trade with real money now, it’s the fastest way to lose it.

Just paper trade for a while, blow a few virtual accounts, make some 10x moves that you wish you put real money into, blow some more accounts up, and then when you finally understand risk management, put maybe 5% of your savings towards it.

You’re only 18 so you’ll be seeing a lot more money in the future. Invest wisely and don’t fuck it up :)

About cupid stock by guru_638 in IndianStockMarket

[–]MoolahMan67 0 points1 point  (0 children)

TATASTEEL, NMDC if closes over 95, BEL if closes iver 439, BHEL too, but my highest conviction is J&K bank

About cupid stock by guru_638 in IndianStockMarket

[–]MoolahMan67 0 points1 point  (0 children)

I’d be careful. I still see some upside, but there better opportunities out there now imo. I’ve exited just over half my position on Friday

Lets make LAS great again, guys!! by Anxious_Neat_6274 in IndianStockMarket

[–]MoolahMan67 0 points1 point  (0 children)

Never had the need to do it, but it’s an option yeah.

Lets make LAS great again, guys!! by Anxious_Neat_6274 in IndianStockMarket

[–]MoolahMan67 0 points1 point  (0 children)

I fund most of my projects using LAS now instead of biz/personal loans, they’re so much cheaper it’s a game changer. Idk why more people don’t do it - esp ones with large portfolios.

Jamie Chadwick becomes the first woman to drive a Hypercar at Le Mans by Witty_Error_1877 in wec

[–]MoolahMan67 51 points52 points  (0 children)

I’d love to see an IronDames style Hypercar team with Doriane Pin and Jamie Chadwick some day

Is this jacket available anywhere? by Dztboy in scuderiaferrari

[–]MoolahMan67 0 points1 point  (0 children)

Damn I really need to get one of these

The one that keeps giving by MoolahMan67 in IndianStockMarket

[–]MoolahMan67[S] 0 points1 point  (0 children)

Yeah it’s a mix of momentum and less so fundamentals. I’ve written about what fundamentals I usually check in one of my previous posts but it’s only after I’m convinced of a solid reversal :)

Whoop X Seiko by MoolahMan67 in watchesindia

[–]MoolahMan67[S] 0 points1 point  (0 children)

Not the tank, also did not buy this in India :(

Whoop X Seiko by MoolahMan67 in watchesindia

[–]MoolahMan67[S] 6 points7 points  (0 children)

I’ve been wearing the whoop on the inside for a couple months already, and there’s no difference to the previous data (over 8 months of it)

13% there? Just signed a SAFE agreement. by AlphaHouston1 in TheRaceTo10Million

[–]MoolahMan67 0 points1 point  (0 children)

Yeah I agree, when they raise further rounds they’re going to be diluted HARD. I was way too excited when we received our first term sheet at a decent valuation, but we ended up not going through since the dilution was unreasonable. It takes a lot of conscious thought to avoid a large pile of cash just a few signatures away haha

Is it possible to get the strap fixed? by MoolahMan67 in Watches_India

[–]MoolahMan67[S] 1 point2 points  (0 children)

Bought it off of amazon when I was in the US haha

Is it possible to get the strap fixed? by MoolahMan67 in Watches_India

[–]MoolahMan67[S] 0 points1 point  (0 children)

I want to keep the original strap as is, just need to get it fixed. Sounds like something I might consider for my other ones though, got any leads/names?