Thread by @deepakvenkatesh

1/n Do read this article. It's very important I would say.

I am a newbie compared to this gentleman writer. But I made few decisions to manage the fall so far both from an execution perspective & an emotional perspective. I could be wrong.

2/n

I have even before this had written down my process for core equity investment. I maintain one fundamental growth equity portfolio, a small momentum & a trading book.

I truly believed in equity debt allocation & stuck to in my core portfolio no matter what. It was painful.

3/n

I used to make weekly notes. I tried to do it daily. I made a plan as per reversion strategy to deploy cash into equities.

I tried to be as unemotional as possible. Infact I made sure to check my holdings on a regular basis & reiterate to myself to stick to the rules.

4/n

I am down considerably since Jan 2020. But not shaken yet. Yes at times there is an end I feel. But always stick to my rules.

Muhammad Ali said winners are made in the gym & not under the lights in the ring.

In good times raise cash, build buy lists & cultivate patience.

5/n

Mentally I am prepared for more than double the drawdown. For a period as long as 2 years as of now.

1 of the keys I think is to visualise the worst case scenario & what actions will u take if that occurs. Once you have visulaized that it will probably not come as a shock.

6/n

Also very important to remember -

They are old traders and then there are bold traders.
But there no old bold traders.

Mr Market can be merciless.