IMPACT OF COVID PANDEMIC ON EQUITY TRADING
There are anecdotal evidences of increased interest in stock market among younger population during COVID-19, but its impact is just one factor among many, influencing newer interests in stock market.
Refer to our blog https://mayayai.com/whats-there-in-the-mind-of-mr-ashish-kumar-chauhan-md-ceo-of-nse/
It’s important for individuals, especially those new to investing, to approach the stock market with caution, seek education, and consider long-term investment strategies aligned with their financial goals and risk tolerance.
Furthermore, understanding the potential risks and staying informed about market conditions is crucial for making well-informed investment decisions.
Beginners engaging in speculation don’t understand that this segment of stock-market only 10-15% winners & the remaining 85% are losers. Most of them are now in a fix with sentiments of once bitten- twice shy syndrome
Is intraday trading a gambling then! Not necessarily. It is a boon for those who are disciplined, technically sound & controlled emotional psychology. Lets deep dive into factors that are need tor both regular investment oriented trading & Intraday trading.
First of all Trading is a systematic process of
- In depth understanding of stock & market behaviours – both short & long term (US -MB-SL)
- Strategic Entry & Exit Decision (SEED)
- Implementing Risk Management to Limit Losses within defined Risk Tolerance
- Making Disciplined, Emotions-Free Decisions(MDED)
The success of Trading relies on Investor’s market knowledge, considering
- Economic Conditions Vs Individual Finance goals
- Balancing loss limitation within risk tolerance levels and maintaining a disciplined emotion-free approach
We will discuss on each of these points in the forthcoming blogs & training modules.
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