@broatcost Simply take a break of one month from trading sometimes your view may not sink with mkt but after break you can easily recover capital.Always don't underestimate the less capital compare to earlier one .You can recover with patience.but keeping patience is not a easy job
@Pavan_07goyal With this capital ,we won't look at it as percentage wise as it may look very https://t.co/mqWgrCO6Rt would attract to trade in option that can easily show 10k to 20k profit easily with a trade and then with some loosing trade will loss the entire capital.
@broatcost Having that dream capital itself a happiness for me chasing for it but it is very much challenging not sure About it when it will be achieved
Okay this probably means a lot of people might reconsider using Sensibull or other investment apps, but here goes:
I am noticing a large number of my friends, classmates, acquaintances, and many fellow uncles in many midlife uncle groups make a second career/ hobby out of managing their portfolio. And I think that is a very bad trend. And here is why:
1. Riches are not made by investing. It is preserved by investing. Riches are made from your salary, bonus, ESOP, or business income. (oh and your grandfather's 60 acre farmland)
2. Your stock market portfolio will not comfortably hands down beat inflation. Your business incomes/ salary/ skills might
3. Focusing on market might divert your attention and focus from what actually makes you money - career/ business
4. There are other hobbies - Like photographing wild animals that have been photographed a million times, long drives in which you are trying to get our of city for 4 hours and then doing highway for 1 hour to post a pic of your BMW that no one cares about, playing guitar horribly to the point your wife buys noise cancelling headphones. None of them are harmful. They all can be done in your time on a weekend. But trading/ investing is not a hobby - You do not decide when you have time for it. Market decides when it has time for you.
5. All the above hobbies are relaxing and peaceful - okay may be not driving in India. But you get my drift. Drift. Geddit? :) But then trading / portfolio is a high stress activity. Hobbies are for relaxation
I can go on and on. But TL;DR
Put your money in some mixture of index funds. And focus on your job or business. And family. And living in the now. And beware of people who tell you that you need to focus on your portfolio and spend time on watching markets. They all have a portfolio management service to sell by warning you that you need 100 crores before you turn 100 so that your douchebag son can go to Harvard. If you have 100 crores, chances are that he won't
@SarangSood Last nifty expiry and sensex expiry is the best example if you have https://t.co/rVeUMzrpR2 market trading at higher levels can be good opportunity to buy puts