Diffusion Engineers IPO
Issue size - 158 Crores (very small)
Open Date - Sept 26
Close Date - Sept 30
GMP rises to +38% 🚀
Looks like interest is developing
#IPOAlert
KVIC reports Rs 1.15 lakh cr record turnover in FY22; becomes "only company in the country to have recorded a turnover of Rs 1 lakh crore", MSME ministry claims
https://t.co/7OLW4alxvM
Only 1% active traders beat FD returns over a 3 year period.
That means 99% active traders can't even make 20% on their capital in 3 years.
Here are 7 reasons why people fail at trading:👇
1. Expectation:
Lot of people who trade in market expect extraordinary things from themselves.
Like doubling capital every 6 months or a year! Thus, putting extra pressure on self to take risks not needed.
2. Psychology:
When you are not ready to cut your losses and fight the market, more often than not, you lose even more.
Many trades of small profit cannot cover mental dent of 1 big losing trade.
4. Tips :
Many a times, traders who start out themselves end up losing money, who then shift to tips provided.
More often than not, losses pile up. Tips can't be a long term solution.
5. Risk Management:
Not defining your risk & reward you are trading for, before every trade, is a sin.
If you cannot afford more than 1000/- loss on a capital of 1,00,000/- , do it that way only.
Don't be Khatron Ke Khilaadi.
6. Discipline :
Discipline is key to everything & in trading it becomes even more important.
One moment of indiscipline can cause a wipe out.
You were supposed exit below a moving average, do it, who are you waiting for?
7. Emotions:
Single biggest reason for losing at trading is emotional aspect of a human.
News, People, Mood, Needs, Situations all affect our emotional quotient.
Get driven by data & not emotions.