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

#book #learning

(1/n)
-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

(3/n)
-The real damage of a bad trade may be psychological
-Guard against complacency after winning streaks
-Making money is more important than being right
-There is no substitute to hard work
-Wait for the right trade
-have patience to stay with a good trade
-Be Passionate
(4/4)

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Zeeshan Syed

Zeeshan Syed Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @zeeeshansyed

4 Apr
Indian Plastic Pipes and Fittings Industry: A Huge multiyear growth opportunity 📈

-Industry to grow at 12-14%. CAGR over next few years.
-Organised segment accounts for 60-65% market share.

(1/8) Image
Major Growth Drivers-

-Government focus
-Increase in India's per capita plastic consumption.
-Substitution and replacement demand.
- Consolidation in pipes industry.

(2/8) ImageImage
Types of polymers and applications 👇

-Unplasticised Polyvinyl Chloride (UPVC)
- Chlorinated Polyvinyl Chloride (CPVC)
-High-density Polyethylene (HDPE)
-Polypropylene Random (PPR)
-Composite Pipe

(3/8) Image
Read 8 tweets
8 Mar
#StockIdea !!

Action Construction Equipments

#ACE

~Market leader in cranes
~Proxy play on the infra theme
~small cap
~Promoter holding >73%
~Low Debt, zero pledge
~Near ATH Image
Huge opportunity Size for Action Construction Equipments...👌👍

#ACE ImageImage
Read 7 tweets
20 Dec 20
⚡️⚡️

Having a proper investing style is a culmination of WHO you are and WHAT you want to achieve.

It's about the alignment of your Goals with your Personality which is unique to you only.

Here's a short thread on --

HOW TO DEVELOP YOUR INVESTMENT STYLE?

(1/n)
1. Ask what do I want to achieve through investing/trading?

-How much returns do I want?

-What are my goals and and aspirations that I want fulfilled? What is my priority?

eg. Am I looking for materialistic fulfillment or aiming for financial freedom. Or maybe both?

(2/n)
2. What is my time horizon?

-What is my current position/age?
-How long am I looking to compound my capital?
-Do I want to be a short term trader or a long term investor?

(3/n)
Read 7 tweets
19 Dec 20
STOCK IDEA!!

#Acrysil Ltd

~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.

Technicals @krishchess 🙏👇
#Acrysil Ltd to list on NSE..Big Positive 👍👌 Image
Read 5 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(