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Enter a breakout trade assuming that it will run like Jsw Steel .
Enter a breakdown trade assuming that it will fall like yesbank.
Whenever you are long on a particular stock and your trailing stoplosses gets hit , think that there will be another lockdown, that will give you the confidence to exit.
Whenever you are short on a particular stock and your trailing stoplosses gets hit , think that there will be another corporate tax cut by govt , this will give you the confidence to exit.
This psychology will always help , as this will not let you lose big.
Enter a breakdown trade assuming that it will fall like yesbank.
Whenever you are long on a particular stock and your trailing stoplosses gets hit , think that there will be another lockdown, that will give you the confidence to exit.
Whenever you are short on a particular stock and your trailing stoplosses gets hit , think that there will be another corporate tax cut by govt , this will give you the confidence to exit.
This psychology will always help , as this will not let you lose big.
Financial Monk
Again buying in Paper Stocks πβ¨
20% gain in a few days π₯³
Thanks for believing in us
Thanks for believing in us
Which Instrument provide similar returns like Options
Anonymous Quiz
48%
Stocks
23%
Insurance
13%
Bonds
16%
Real Estate
A few financial mistakes:
π§ββοΈ Avoiding insurance
π€ Falling in a debt trap
π΄ Not saving enough for retirement
π Buying more of depreciating assets
π©βπ» Not reading about personal finance
πΈ Redeeming stocks or funds frequently
π₯ Comparing financial status with others
π§ββοΈ Avoiding insurance
π€ Falling in a debt trap
π΄ Not saving enough for retirement
π Buying more of depreciating assets
π©βπ» Not reading about personal finance
πΈ Redeeming stocks or funds frequently
π₯ Comparing financial status with others
βIt's important to associate with people that are better than yourself. The friends you have will form you as you go through life.
Make some good friends, keep them for the rest of your life, but have them be people that you admire as well as like.β
βWarren Buffett
HAPPY FRIENDSHIP DAY β€οΈ
Make some good friends, keep them for the rest of your life, but have them be people that you admire as well as like.β
βWarren Buffett
HAPPY FRIENDSHIP DAY β€οΈ
Financial Monk pinned Β«βIt's important to associate with people that are better than yourself. The friends you have will form you as you go through life. Make some good friends, keep them for the rest of your life, but have them be people that you admire as well as like.β βWarrenβ¦Β»
How much capital do you generally allocate for your intraday trade?
Anonymous Poll
65%
5k-25k
20%
25k-50k
15%
50k-100k
Financial Monk pinned Β«How much capital do you generally allocate for your intraday trade?Β»