Review of Performance of 01-Sep-20 Stocks List

Let us review the performance of the stocks list posted based on 1st September closing. We had a total of just 3 stocks in the list on that day. I will not post the same list again. That can be reviewed here.

company symbol buy price min price max price 10th day price target met % gain min. to 10th day % gain buy day to max. % gain buy day to 10th day

FCONSUMER 12.6 9.9 12.6 9.95 0 0.5 0 -21

VARDHACRLC 34.6 30.15 34.6 30.7 0 1.8 0 -11.3

Same table as a picture.

You can click on it to see in full size.

Analysis of Performance

Net gain on capital in scenario 1: -16.2% (loss)

Net gain on capital in scenario 2: -16.2% (loss)

Net gain on capital in scenario 3: 0.0% (gain)

Net gain on capital in scenario 4: 1.2% (gain)

For details of each scenario, you can go through the explanation given for 20th August list review.

FCONSUMER had news of acquisition by Reliance. Looks like these things can go either way drastically. I used to avoid trading stocks on such news because it is difficult to evaluate the impact of acquisitions for the short term.

Both did not make a high after that. If one waited for retracement, the loss could have been minimized. When you buy after a pullback, same 10 day rule should be applied in reverse. Hold the stock if it doesn't fall to make newer low in 10 days. It usually works well. As discussed in today's list post, this works particularly well for the stocks having investor interest.

Perhaps I would need to stop doing performance review of these lists. Rather use it as a statistic for cross-reading of sector rotations, happening news, seeing the count of list for assessing the phase of the market. With that information combined with your intuition you can do better trading, assuming you honed your intuition over a period of time.

TIPSINDLTD has started falling. Today it fell badly by 15%. I will start trading this stock as an example and post the result once the position is closed regardless of profit or loss, whatever happens in the coming days.

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