In another discussion
@siva suggested - Riding winners . Thats how the multibagger are be handled .
Winning a Multi Bagger is riding winner
- We buy a good stock and hold it through ups and downs
- We don’t exit early at +20%, +30%, +50%
- We keep letting profits run using rules (trend, trailing SL, fundamentals)
- It’s about behavior and discipline - I recently sold one of my multibagger during the starting of this crash . for a small profit
Unfortunately . Even though the market goes down , stock goes up . Rules are rules, but sadly I broke one of mine… - For that stock PE more than 50 but ROCE near about 50 and ROE more than 35 but in the middle man business with lot of revenue but not a monopoly stock but its new listed and emerged as leader in its category…