Soft Skills for Tradevestors
1 min readNov 21, 2023
- A business is not good if the stock price goes up and it doesn’t become bad if the stock price goes down.
- A stock doesn’t know your buying or selling level and can go either way after you buy or sell, stick to your technical targets.
- Never over-invest in one stock due to greed, ideally not more than 5% in one stock.
- Never invest or trade with borrowed money, it never works.
- We need to rely on the financial statements of the business, that is the inherent risk all retail investors carry.
- Not every year or month, the returns would be same, on an average you can expect decent returns.
- We can’t expect good returns from market while wasting time over the weekends.
- We shouldn’t expect stability of Large caps from Small caps, more returns means more volatility.
- Tradevesting is not a T20 or ODI, its a test match; remaining not out is the most important thing to get runs on the board.
- Don’t invest in the market if you don’t have the stomach to digest its volatility.