@Friends - I am starting this thread to share with everybody those mistakes I have made over the last 7-8 years and I sincerely feel - you should avoid making these.
@Seniors - If a topic/thread with this heading is existing somewhere please delete this thread. I could not find one and hence the start.
1] Buying into IPOs with steep valuations - e.g. Reliance Power
2] Buying into shares of companies because they had a tremendous one day fall and appeared cheap as compared to their usual valuations - e.g. Reliance Communications
3] Staying put into cyclicals and inability to book at 10% loss - e.g. Reliance Ind
4] Booking profits with Pharma & Consumer themes like Page Ind, Dr. Reddy’s, Supreme Ind, ITC because of extra caution arising out of volatility fears
5] Selling off completely my holdings into profitable and consistent companies like TCS inspite of no urgent need for cash just because they reached an all time high
There are many more and I shall keep adding to these as & when I get time.
I sometimes feel that I take too long to learn