A short thread on the Few lessons I learned from #MarketWizards Books 📚
-There is no Single True Path
-Find a Method that is Compatible with your personality
-You may have to change your methods before you find the Right One
-Keep a Trading Journal
-Know your Edge
-Learn from your Mistakes
-Risk Management is most important
-Stoploss should be placed a proper levels
-Don't speculate with a Loss
-Take larger positions on high conviction bets
-Don't trade so large that fear becomes a dominant factor
(2/n)
-Hope is not a strategy
-Don't trade based on other's recommendations
-Distinguish between trade outcomes and trade decisions
-Human Emotions are detrimental to trading/investing
-Guard against impulsive trades
-Trades motivated by greed usually end badly
~Market leader in quartz sinks
~Only one of four companies in the world with Schock technology
~Strong earnings.H2 expected to be even better
~Expanding capacity from 500000 to 600000 sinks.
~Recent tie up with IKEA.