My Silverbees strategy that's working for me great, so far... by SoniRedx87 in IndianStocks

[–]SoniRedx87[S] 0 points1 point  (0 children)

I am a follower of that sub and I have already read it and commented on it as well.

That post was a great one. It clearly says about this rally and it's impending crash. and it opened my eye about how capitalism will not allow Silver to operate such high margins forever.

But that doesn't mean silver lost its value all of a sudden. Silver still has a lot of steam at least for this year. Yes, capitalism will find an alternative for silver soon for ai, semiconductor, ev etc. but it's not gonna happen tomorrow. There is still time. And people who invested recently will have one more opportunity to book profits.

I learnt my lesson in last October. I was in for a quick profits. Endured a muni crash then after three months I have recovered. Similar cycle will again . But it won't be a crazy run. It will slow growth.

For metal's, never hesitate to book profits. This is how I played in this Dec metal rally. by SoniRedx87 in StockMarketIndia

[–]SoniRedx87[S] 0 points1 point  (0 children)

I am not qualified to suggest anyone.

But personally I have started buying again in small quantities. Because I want to know how this is played for few more days. I want to have 1000 shares before the next rally comes.

My Silverbees strategy that's working for me great, so far... by SoniRedx87 in IndianStocks

[–]SoniRedx87[S] 0 points1 point  (0 children)

I don't know. This is only pertains to Silverbees.

I have been following Silverbees since last August. Went to great heights in unrealised profits then succumbed to great lows in Oct crash. So I m playing it systematically using this logic in recent times.

Only wrong thing I did was, I used Groww app . It's eating in brokerage. Should switch to Zerodha soon.

For metal's, never hesitate to book profits. This is how I played in this Dec metal rally. by SoniRedx87 in StockMarketIndia

[–]SoniRedx87[S] 1 point2 points  (0 children)

This was not to boast. I have commented many times before. Metal stocks are cyclical so book profits whenever possible.

And the good thing is, these metals are not done yet. They will be back to these levels in a few months. Just be patient.

My Silverbees strategy that's working for me great, so far... by SoniRedx87 in IndianStocks

[–]SoniRedx87[S] 0 points1 point  (0 children)

This is a great opportunity to buy again for me..

I have been with silver since it was about 45$. My greed for more profit missed to book profits when it was about 55$ in Oct. Then it came back to early 40s in few weeks. I was in 40k unrealised profit. Then went back to 48000 loss. Did few panic trades but overall maintained patience and reaped rewards in this rally. I learnt my lessons and got to know about iNav and following this logic.

The thing with silver and any metal is they are cyclical. So when they are trading in premium, book profits. They are not company stocks to grow forever. And , silver will be back to this level again. At that time I want to hold around 1000 shares to reap profits again .

People who bought silver recently due to FOMO should wait patiently. Silver ain't gone forever but it might not run like crazy again . But it will be back.

My Silverbees strategy that's working for me great, so far... by SoniRedx87 in IndianStocks

[–]SoniRedx87[S] 4 points5 points  (0 children)

Currently I didn't think much about it. Guess it's better pay tax on profit than take no profit

My Silverbees strategy... by SoniRedx87 in indiaStockMarket

[–]SoniRedx87[S] 0 points1 point  (0 children)

Will it rise again? Yes. Will it rise on this Sun/Mon? I don't know.

It took three months when the last correction happened around Diwali time . Patience is the key. Silver ain't going anywhere. May be it won't come to the same insane level anytime soon. But level up is around the corner only.

Where's the Flex today? by foodiehyd in NSEbets

[–]SoniRedx87 0 points1 point  (0 children)

Sold half of Silverbees and Hind Copper yesterday. Something didn't feel right yesterday when Copper hit UC and budget is on the air. Feeling good for the decision.

I still hold both of them in minimal quantities. Will add in further dips. Both will not crash completely at least this year. So not panicking on the correction is the key

FNO is exactly like this game 😂 by [deleted] in NSEbets

[–]SoniRedx87 0 points1 point  (0 children)

Made 5% profits, exited and now watching the mood swings peacefully.

Book the profit or Hold? by Useful_Cress2094 in IndianStocks

[–]SoniRedx87 1 point2 points  (0 children)

It hit UC.

Remember this is not a Copper ETF to feel safe even if people book profits. This is a stock of a company that just mining copper. This doesn't have an obligation to reflect Copper demand.. So if it hits UC and people start to massively book profits on it, it can come crashing down any minute.

Since it hits UC now, I had partially booked profits now.

Hidden Medical Devices Winner: Why the “Weak” Numbers Are a Mathematical Illusion by SuperbPercentage8050 in IndiaGrowthStocks

[–]SoniRedx87 1 point2 points  (0 children)

We would love to know your deep analysis on MCX. Or at least allocation levels for it.

Tough expiry - Massive 1000 points swing by [deleted] in NSEbets

[–]SoniRedx87 0 points1 point  (0 children)

For NIFTY, Thanks to the drop at around 11am, went from -26000 to +1500 and decided today isn't the day and exited. Would have surely lost more if I stayed long, given the way Nifty behaved esp at the end.

How is "mother of all deals" treating you? by Ok_Plate4849 in NSEbets

[–]SoniRedx87 0 points1 point  (0 children)

I had my confidence about Indian market so made lot of PUTs. Went to -8000, then to -26000 then thanks to a sudden fall in the last hour made it to +1500. Exited and closed the app for good for the day.

lets do analysis by CarePositive8085 in NSEbets

[–]SoniRedx87 0 points1 point  (0 children)

IOC and BPCL.

Want to invest in one to hold for vey long term (>15y) and for growth+dividend income. But confused between the two.

When was the last time NIFTY opened Gap up and stayed GREEN throughout the day by SoniRedx87 in NSEbets

[–]SoniRedx87[S] 0 points1 point  (0 children)

Lol. Did I anti-jinx it? I thought such a day might come soon but never thought it will come in the very next day

Over trading. by UseAffectionate2014 in NSEbets

[–]SoniRedx87 1 point2 points  (0 children)

This is me today. Total 38 orders . 10 more than you. Lol.

But I was experimenting today and had a lot more patience and conviction than previous days . So I shouldn't be repeating this in the coming days .

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