http://tradingcoach.co.in/price-action-focus-sebi-fines-ambani-reliance-stock/
Its Interesting to see, What's going on in Reliance Stock Prices
Its Interesting to see, What's going on in Reliance Stock Prices
1. Respect your capital it should be your primary goal, only and and do safe trade, if you do not it will break your account for sure, 1st priority is to protect the money second is making money, secondary goal is making money
backtest your strategy, it should be 90-95% accuracy only then trade it, its like you must be best in business of stock market this is a business and you have to best in it...
Never take bhagwan bharose trades only take strong and good opportunities, just wait for those right opportunity and then only hit the market, sometimes when market is cruel stay away
2. Cut your losses short immediately if you do not it will blow your account, loss to profit never come back, master the art of cutting loss if you do not do it, it will your profit of all your last few months...
3. Never average in loss, cut your loss immediate, you cannot average in loss never ever if you do in loss you will lose all of your capital
4. trade with risk reward of 1:2 minimum, risk 1 rupee to make 2 rupees...if you do not trade with poor risk management you will lose, do not borrow to trade if you do you will not be able to cut your loss... because its borrowed money
5. when in loss, take some break for some time, do not be desperate for trading
6. have daily target of profit stop trading after it, when done stop trading, shut down your system, must have control over your greed
In bull market, buy on dips... buy only calls in bull market at dips
In bear market, sell on rise... buy only puts in bear market at rises
In flat market, trade the range, buying at supp. selling at resistance of range, wait for both the levels to come
backtest your strategy, it should be 90-95% accuracy only then trade it, its like you must be best in business of stock market this is a business and you have to best in it...
Never take bhagwan bharose trades only take strong and good opportunities, just wait for those right opportunity and then only hit the market, sometimes when market is cruel stay away
2. Cut your losses short immediately if you do not it will blow your account, loss to profit never come back, master the art of cutting loss if you do not do it, it will your profit of all your last few months...
3. Never average in loss, cut your loss immediate, you cannot average in loss never ever if you do in loss you will lose all of your capital
4. trade with risk reward of 1:2 minimum, risk 1 rupee to make 2 rupees...if you do not trade with poor risk management you will lose, do not borrow to trade if you do you will not be able to cut your loss... because its borrowed money
5. when in loss, take some break for some time, do not be desperate for trading
6. have daily target of profit stop trading after it, when done stop trading, shut down your system, must have control over your greed
In bull market, buy on dips... buy only calls in bull market at dips
In bear market, sell on rise... buy only puts in bear market at rises
In flat market, trade the range, buying at supp. selling at resistance of range, wait for both the levels to come
Where is #Nifty headed next ? Well depends on the Upcoming policies, Elections and Covid situation ! 🙂
https://www.google.com/amp/s/m.economictimes.com/markets/stocks/news/nomura-flags-2-billion-loss-cancels-bond-issue-shares-plummet/amp_articleshow/81745107.cms
Another Big thing this week, Billions in losses
Another Big thing this week, Billions in losses
The Economic Times
Nomura, Credit Suisse warn on losses after Archegos share dump
Nomura's loss was related to Archegos' trades, Bloomberg reported citing people familiar with the matter, one of whom said Archegos was a prime brokerage customer of Nomura.
Markets are in Fear.. If the fear turns into panic, then we may see a fall.. or else no..
One Thing Never to Do When the Stock Market Goes Down
*Don't panic. Have a strategy for different outcomes*
When the stock market goes down and the value of your portfolio decreases, it’s tempting to ask your financial advisor, “What should I do? Should I pull money out of the stock market?” That’s understandable but wrong. Instead, you should ask,
“What should I not do?
”The answer is simple: don’t panic. Panic selling is often people's first reaction when stocks are going down, leading to a drastic drop in the value of their hard-earned funds. It's important to know your risk tolerance and how it will affect the price fluctuations—called volatility—in your portfolio.
Investors can protect themselves from market risk by hedging their portfolio through diversification, which includes holding a wide variety of investments.
KEY TAKEAWAYS
*Knowing your risk tolerance level will help you to choose the right investments and avoid panicking during an economic downturn.
*Diversifying a portfolio with real estate, commodities, or precious metals, or hedging risk through some derivatives can mitigate some risk during market crashes.
*Experimenting with stock simulators (before investing real money) can provide insight into the market's volatility and your response to it.
*Don't panic. Have a strategy for different outcomes*
When the stock market goes down and the value of your portfolio decreases, it’s tempting to ask your financial advisor, “What should I do? Should I pull money out of the stock market?” That’s understandable but wrong. Instead, you should ask,
“What should I not do?
”The answer is simple: don’t panic. Panic selling is often people's first reaction when stocks are going down, leading to a drastic drop in the value of their hard-earned funds. It's important to know your risk tolerance and how it will affect the price fluctuations—called volatility—in your portfolio.
Investors can protect themselves from market risk by hedging their portfolio through diversification, which includes holding a wide variety of investments.
KEY TAKEAWAYS
*Knowing your risk tolerance level will help you to choose the right investments and avoid panicking during an economic downturn.
*Diversifying a portfolio with real estate, commodities, or precious metals, or hedging risk through some derivatives can mitigate some risk during market crashes.
*Experimenting with stock simulators (before investing real money) can provide insight into the market's volatility and your response to it.