Personal investment rule

Investing rules:
1. a) Buy sg stocks with 7percent upmove from last closing.put limit order..
(All in)-21k.(low confidence)
b) Research recommendation to see if it is recommended by anyone else.
Increase stakes accordingly.
2.  Dont book profits when price is continously increasing. Its like speeding truck when it meets accident  (earnings do not grow) then only book profits.
However book partial profits if stock price is stagnant and
stock price hits upper circuit because of some news. In this case, book profits on next day if another upper circuit looks less likely.
Buy again when stock reaches its previous stable price.
3.keep portfolio concentrated and allocation should reflect your confidence..
4.Always ask this question before buying long term stock - can you hold stock even if price decreases by 50% and stock exchange is shut for a month.
5. Keep patience and enter when prices are low..This rule applies if
a) there are sufficient sellers who will book profit.
b) stock is coming out of bearish trend.
c) index is in bearish trend.
6. 2-3rs price difference doesn't matter if stock is bought for long term with multibagger potential.
7.Take caution in buying stocks of non-performing sector. It is difficult to realize full potential of that stock ,if sector is not performing.
8. Book profits in cyclical stocks when policy becomes unfavourable.
Do not make high allocation in these stocks.
9.High pe is ok if company profit is growing by more than 40%.
10. Averaging in rising stock is ok if price is still reasonable.
11. Averaging in falling stock needs to be done when rise trend for that stock restarts. Nobody can identify the bottom in stock market.
In case, you are sure of longer bearish trend then it is better to book loss and wait untill same or higher price is reached.
12. In case of market crash, it is a good idea to switch your stock with another stock, if probability of recovery (higher fall from peak) and  better fundametal stock is available.
13. Short term trading/swing trading is like boarding a running train ( bullish trend) n deboarding a train on first halt.

Profit booking strategy:
Multibaggers - For stocks in which I believe there is 3-5 years growth story, I try to book 25% at 100% appreciation and another 25% at 200% appreciation.
Obviously, buy back if correction happens. It is ideal to invest that money in some largecap like Hdfc bank.

Less than 100% upside - For stocks where I feel the upside is limited and the growth is average or visibility is less, I try to book 20% profit at 50% appreciation and another 30-40% profit at 100% appreciation.
Exit a stock if:
The quarterly result was not good. Reenter at support or fair price.
The sector outlook changes. Reenter after the stock bottoms out. It happens after 1–2 years.
Management is not positive in way forward. Reenter after the stock bottoms out.
Debt of the company increases and revenue is falling.
Stock is way above its fair price Fundamentally.
Stock is way above its support price Technically.
You have found a good stock technically or Fundamentally, you can switch.

You should not exit because
You have earned 30% from it
You have lost 20% from it
Some Fund Manager has sold it
The stock is not moving for a month