Tuesday, December 17, 2019

[9:16 PM, 6/20/2019] Jiten Patel: My main aim in the market is not how much I earn......but how much I protect my money......
[9:17 PM, 6/20/2019] Jiten Patel: Let me start with THESE
[9:18 PM, 6/20/2019] Jiten Patel: I know and am sure many people must have lost money in these last few months and days Carnage......but if you take it positively then it is a very good learning experience.....
[9:21 PM, 6/20/2019] Jiten Patel: By the way the carnage and disruption is still not over in chor....debt..... dubious..... fraud Midcap and Smallcap companies.....
But after every disruption comes the new beginning..... and THESE new beginning you will see in the good large cap companies going forward in the next 3 to 4 years time frame......

[9:33 PM, 6/20/2019] Jiten Patel: What are the asset of jet airways.... Zero..... what is the income of jet airways..... zero......who is running jet airways.....god knows.....who will buy bankrupt jet Airways..... Greedy Investors.....who will lose money eventually...... idiotic GREEdy investors.....

Anymore points I have missed you can add above them.....
[9:38 PM, 6/20/2019] Jiten Patel: There are only 200 good stocks out of 6000 stocks why don't you buy them......
Also if you go to a Mall for shopping...... you like a shirt and desperate to buy the shirt.....but on further investigation you find the shirt to be torn..... now will you buy the torn shirt even if you like it and is cheap....
Jet Airways is like a Torn shirt and is available at cheap price....but what value it has For you.... Zero.....but besides the torn shirt there many other good shirts available.....why don't you buy them instead.....

I think it suffices your query.....
[10:01 PM, 6/20/2019] Jiten Patel: Never forget......
Price is what you Pay.....Value is what you get.....
At higher prices you get lower value......
At lower prices you get higher value......

Psychology.....
If you all have noticed what are the business channels from last few days are doing.....they are marketing you with These bankruptcy companies everyday and drawing your attention towards these bogus....debt ridden.... dubious companies.....
Okay tell me why are they not showing you and talking about good companies so much....
What is their interest in sensationalizing these companies and giving so much importance and precious time to make them heroes..... everyday they are bombarding you with the news of these companies and creating a liking towards these companies and so you take a position in these dirty stocks......they create Recency Bias in you and you fall prey to it..... the more they hammer you with these companies the urge in you to take a trade goes up and up.....and finally one fine day you will find yourself trading in these dirty stocks  and fall for their trick...... and lose all your money invested......

[12:11 AM, 6/21/2019] Jiten Patel: If you have noted the question asked by jaybhai why have jet airways price shot up by almost like 100%....... the above explaination was based on it.....
The explanation is also true for reliance infra.....Jain irrigation....sintex.....pc jewellers......list is endless......
[12:12 AM, 6/21/2019] Jiten Patel: Today the price of all these stocks shot up because of the GREEdy Investors jumping into the running car......
[12:13 AM, 6/21/2019] Jiten Patel: Aare Mae rahae Gaya.....
[10:18 AM, 6/21/2019] Jiten Patel: The day the mother of all IPO hits the market......say by 2021.....2022..... and the issue can be of 20000.....25000 crore......it will give a sign that we are very close to the Top of the Bull market.....till that time enjoy INVESTING in good companies......
[2:39 PM, 6/21/2019] Jiten Patel: Nifty will try to test 11600 again once.......but if in coming few days it doesn't break 11600 then......12500.....
And if nifty levels of 11600 are broken then 11100......

But technical charts of say 65% or more of the listed stocks in the market are really really very bad and are trending downwards.....
[2:39 PM, 6/21/2019] Jiten Patel: But being invested in stock specific companies is very very important......

Also I had written so many times this market is not for faint hearted Investors...... and had advised to stay away and maintain the status quo....
Mr Market will play with your emotions and will see to it that you make a loss in all your trades.....

STAY AWAY.......STAY AWAY.....STAY AWAY.......
[2:39 PM, 6/21/2019] Jiten Patel: Even now I don't know what will happen......but I will be invested for 12500...... But will wait for clear indication and invest stock specific

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