Some key learnings from stock market:-
1. Every single stock which goes higher than 52 weeks high and RSI is above 70 will go down for sure - But correction of 20 percentage in a single stock was something hard to swallow.
2. Saving 20 percentage of your earnings for a gloomy day to buy at the lowest possible levels is a must.
3. Whenever your target is achieved or you have chances of higher margins, exit at the earliest without wasting a single second ( my day profit went down from 6500 to 3100 rupees ).
4. Even though operators exit a stock or a sector, if the stock or the sector has good fundamentals - it will bounce back and to add more cushions; look for stocks offering dividends.
5. Trend is important for higher gains and should always stay updated.
What is your learning from today's stock Market session?
Do share it with us.
Follow me at #rupamkumarsaha for life management topics.
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