Bitter Truth about Trading
1. Expect the Unexpected
24 Aug 2015 just 1 year before, Nifty saw the highest fall closing down by 491 point and well below 8000. And Now we are trading close to 52 week high and around 6% down from Life high of 9119 . This August 2015 we have not even moved 1% from last 21 trading sessions. 24 June we made low of 7927 and now we are trading near 8600. Expect it No matter how much effort you put in your analysis, you still won’t have a hundred percent accurate idea of where the market is headed. There’s always the chance market will surprise you. Thats the reason as trader we should have a strong risk and money management, to pass through such unforeseen events.
My Guru used to tell me Your
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24 Aug 2015 just 1 year before, Nifty saw the highest fall closing down by 491 point and well below 8000. And Now we are trading close to 52 week high and around 6% down from Life high of 9119 . This August 2015 we have not even moved 1% from last 21 trading sessions. 24 June we made low of 7927 and now we are trading near 8600. Expect it No matter how much effort you put in your analysis, you still won’t have a hundred percent accurate idea of where the market is headed. There’s always the chance market will surprise you. Thats the reason as trader we should have a strong risk and money management, to pass through such unforeseen events.
My Guru used to tell me Your
posted by Bramesh at
4:19 PM
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