Short Term Trading Week Starting: 17 Aug, page-107

  1. D.D
    3,161 Posts.
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    I thought new traders might not have understood this post. Don't want to give false hope. So just a heads up here on risk management-
    While perma bears are wrong often, it is important to manage your risk. Market often likes to pull back(small drop) or correct (slightly bigger PB) or sometimes crash. So we have to anticipate this after a good run. We must have a plan to tackle this. Personally I avoid taking new position and reduce my exposure until we know the type of PB we're having(That's why I have a lot of free time now and I am spending more time here).
    In other words calling every PB a crash is ridiculous. But at the same time we must respect risk and often adjust aggression and exposure.
    Sometimes while the market is pulling back, money rotates into new sector/stocks which is very healthy. A few stocks BO today which is nice to see.
    Some growth stocks performed well after a long time. I'd still wait for a bit before going full on again.
 
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