Have you guys heard of Hedonic framing ?
Pair good with bad.
While you can read about on the web, the gist I follow as trader is to book losses on the same day I book profits.
Minimises pain.
But how does this relate to Reliance industries ?
@flameoftruth
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Gentle reminder. Trading with the mindset of a gambler can occasionally make you rich or broke very quickly. Learn to appreciate that trading as a business is a marathon and not a sprint. No get rich quick scheme here.
as Leonardo da Vinci says “Simplicity is the ultimate sophistication." any complex conditional backtest is staircase to bankruptcy, just my2cents if it's clients money, be careful
To newbie traders on fintwit:
Stay away from who:
>always make profit (even when view goes wrong)
> is good to everyone
> know everything
> uses high level jargons and technical terms to explain things
> comes up with new setup/strategy every quarter
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proceeding with 3 charges ,
1) deceptive claims of past perfromance of 175000% returns , blah blah
2) dubious claim of selling services to soros management
3) recent $UPST attempted pump
all leading to selling MPA access and a seminar to the gullible
@pricelevel1 @paststat I am learning sir. I know basics but have already started an advanced course on udemy to get good grasp on Adobe. I shall have no down day very soon.
Nithin Kamath jee 3 -4 baar bata chuke hai ki why he doesn’t want to do IPO.
Uske baad 10-12 baar aur bata chuke hain..
Baar baar bata ke kya batana chahte ho?