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RK
, 7 tweets, 2 min read Read on Twitter
Random thoughts

Believe in process and not in systems..Market environment changes time to time and if you plan to stick with just few systems then going gets tough but a process to explore,practice,adapt can help you over time.Better way is to get the context of everything 1/n
Learn the context of everything..Let it be price move,settlement mechanism,option pricing,inventory mechanism whatever it could be..Try to go beyond myths and rules but explore context behind it..That could open new avenue further 2/n
Avoid following people to take decisions.Avoid seeking answers for your decision.Own responsibility and make it on your own.Following people should be only to explore new areas to widen knowledge.Everybody fails at times and random following could only lead you to failure 3/n
Play small within your limits.Most cliched but my fav is "you can't win unless you bet but if you lose your chips you cant bet"..Respect risk in every trade,day,week,month etc 4/n
Just remember this.Most successful people very rarely speak out about their success.Random winners gloat but consistent winners are quiet for a reason.Dont try to copy methods,theories being boasted in SM,your trading circle as mostly they are random outcome.Dont fall for it 5/n
Observe everything and be rational.Whatever you read or interact try to filter the learning.Some explain it before it happens and some explain it with great logic post fact.Later comes with knowledge but former is skill.Follow the skill to learn and avoid hindsight analysis 6/n
Focus on specific topic for some specific time.Dont go for whatever gets in your way.Mark your priorities till you get some grip on topic then move to next.Never get a feel that you miss something..If something is very imp then it will find its way to reach you in anyway -End
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