Ek aur tweet as I can see lot of polls lot of xyz on today's drawdown by all.
'I lost my last week half profit'.
I trade from 5% of my actual cap
I stop trading when I hit 10% loss of my trading cap and start taking, baby steps to recover that loss.
I always keep in mind - what I will do if market will gap down tommorow by - 5% to 8 %.
Folks who talk about capital management I bet u can't do anything when such scenario comes or u haven't even prepared for that.
However smart u r
However u r good in quant and all stuffs, hedging bla bla bla.
Stock market will fool u in best possible way and one shot is enough to wipe u out of game, whatever type of khiladi u think u r.
Why traders loose in long run - coz eventually they tend to make mistake which is derived from their overconfidence,and market punishes very hard for mistakes.
Why investors don't loose - coz they accept this fact that they can't time market, may be it can be done in short term
But in long term - oh common u kidding me?
So this is harsh truth or fact - whatever we do on social media - either have some motto or to showoff.
Either way we are trying to prove - I m best I m best but fact is best is not tweeting (about his success)
#dilse
#NamasteyTrump
🤣
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