- First, keep a stop loss for yourself. That’s what matters. What is Stop Loss? – Don’t you have an amount that I can only lose so much rupees?
- For example, if you are investing share market in ten thousand rupees in the stock market, wouldn’t it be okay if one thousand rupees goes into it? That thousand is your stop loss. When that amount of loss comes, you have to close your eyes and sow it immediately.
- When that amount of loss comes, you have to close your eyes and sow it immediately.
- We should not wait for the market to return to its old state. Those who wait like that are going to get worse.
- Just like defining a stop loss, you should jump into the field after defining how much you want to take profit. For example, if a profit of Rs.1000 is sufficient for me, then you should sell your stock as soon as it reaches Rs.1000. No matter how many crores of rupees your stock goes up after that, don’t worry. It is not ours. A thousand is enough for us. This mind is very important.
- Don’t keep all the money you have. First put ten percent and do the test. If you lost it. For the next ten, die little by little like this. Only then can you play for a long time.
- Trading is a test match, not 20-20.. If you keep this in mind and play calmly, you can be in the field for a long time.