Don't buy a home, just rent it and invest in MF, Equity and so on rubbish from Finfluencers.
Always remember, a home is a place that gives you peace and a sense on holding onto something :) Its something that stays a lifetime with you.
- Study hard
- What others think of you is none of your business
- It’s OK not to have all the answers
- Experiment, Fail, Learn and Repeat
- Knowledge comes from experience
- Imagination is important
- Do what interests you the most
- Stay curious
@kunoo Taking losses is literally the hardest part. Ego kills accounts. Just gotta hit the accept button and move on to the next trade. It is what it is.
Net Loss
From 1st account is now around - 2.5 Lakh
Net P&l overall + 16.5 Lakh
Was Working on a strategy, but volatility had me on both sides, anyways Will continue with old strategy . Tighter. SL From Now Onwards.
@imvarunuppal We want cheap and best , most Indians have this mindset , sadly indians don’t deserve such good brands and what’s best is not cheap after all.
This is the reason I don't share my live trades or respond to messages asking me for the same or guidance / pair trading! A loss this big will wipe out years of capital/savings for most.
Trades can be copied but not the risk appetite nor mindset to withstand such losses.
@OptsTrader100X The chart will speak it self , i was also waiting for an upmove but , missed the downside because of the bias . Anyway, it’s better to wait, instead of jumping here and there .
When Jio was getting ready to launch in 2015, I remember being petrified to find myself on this Economic Times list of 10 businessmen to watch in 2016. Mukesh Ambani was #1, and I was #6, mainly because we had just made delivery brokerage free. We were, and still are, ants compared to Reliance/Jio. 😅
Looking back, what's phenomenal isn't just how big it has become. It's how much it has changed India and helped so many businesses start and grow.
We've been beneficiaries too. @Zerodha wouldn't be what it is today without Aadhaar and UPI. But just as important was Jio, along with Airtel, bringing millions of Indians online with affordable data.
Together, all of this made the huge expansion of Indian capital markets after COVID possible. Without this digital infrastructure, many online-first businesses would be much smaller, and a lot of today's consumer business models might not exist at all.
In 2016, India had roughly 2 crore unique investors. Today, over 13 crore Indians invest in the markets, and Jio played a big part in that.
I can't tell you whether to apply for the upcoming IPO. But both telcos have played a huge role in enabling an entire generation of Indian businesses like ours. And it's nice that the capital markets they helped grow can now help Jio raise money.
From the outside, it's easy to miss how much of our success depends on infrastructure built by others.