What Do You Want From Stock Market
Hello Everyone!
Let's get straight to the point. Why are you in a market as a trader? What do you want from stock market? Mostly people say I want to earn a big money.
Recently one of our member came to me saying that I have X stocks CE at Y price. And now its trading 1/4 of my buying. it was showing loss so I just kept averaging it out and now I have invested my life savings in it. Loss was double than his long-term portfolio.
I don't had any options but I tried my best to give him a proper direction. But you all have to understand something.
1. It's not a casino! Trading is a business.
2. You can't average your losers! Example. You're not good at drawing. But you're phenomenal at signing. You can take your own decision at this place. So what will you choose as a carrier? Will you be going to draw painting until you die? Or singing? It's that much simple.
3. Plan a trade And trade a plan.
4. You have to pay time and energy to market before you actually earn. If you don't do that market will hit you very hard.
5. 1% everyday makes 37x. Do you think 100 is very easy then make it from 10000 and once you double your capital add up.
6. I always say Be a Rahul Dravid. Market is a test match ground. You have to play for a long time. Take singles, once market gives a better probability of winning hit a six.
7. Option buyer have 33% probability of winning a trade. 66% time sellers win. But I'm a option buyer if you grab a opportunity at right place. You can have a 60 70 or 80% probability to win.
8. No matter what market is supreme at the end.
9. I have that trades where I was 110% sure about me getting profits still I Haven't broke my risk management plan.
10. No matter what if you're not learning everyday you'll not make money in a long run.
Note: Start reading zerodha's Varsity. Surf you-tube follow people but don't blindly. Even we have made losses but a smallest one. And we have made gains which are exceptional. I'll give you more and more and more knowledge at every point. Keep sharing. Keep minting money.
Nice knowledge bro
ReplyDeleteAmazing 🤩 stock market knowledge
ReplyDeleteExcellent_ Sir Keep it up❤
ReplyDeleteMind blowing ideas
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