Friday, 4 October 2019

10 #trading mistakes I did in the past:

1) System hopping 2) No exit strategy 3) Focused on money 4) Ignored market trend 5) Ignored psychology 6) Traded volatile stocks 7) Traded already broken out stocks 8) Too much risk 9) Listed to other people 10) Hope instead of action

Best mid cap mutual funds to invest in 2019 :


Here is the monthly update on our recommended mid cap mutual fund schemes. There are no changes in our recommendation list this month. All our recommended schemes have retained their positions in October. Mid cap category returns have improved from being negative to slightly positive in the last one year, after the recent rally in stock market post the Finance Minister's announcement of corporate tax rate cut. 



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Mutual fund analysts are hopeful that the category will do much better in the next three-four years. Currently, the mid cap mutual fund category is offering 0.99 per cent in the one-year horizon. The category has given 3.35 per cent returns in three years and 9.28 per cent returns in five years. 

Advisors do not recommend mid cap mutual fund schemes to new investors and to those investors who do not have a very high risk appetite. Mid cap mutual fund category can be extremely volatile.

Thursday, 3 October 2019

India among world's most protectionist nation. The new investment rules for e commerce sector had slowed expansion of Amazon and Walmart in India. Wilbur Ross. Fact : Amazon and Walmart has no entry in China.

Wednesday, 2 October 2019

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Just before trading your perfect trading setup: The best thing you can do is the right thing to do, the next best thing is the wrong thing, and the worst thing you can do is nothing.
Psychology: If I buy YES Bank at Rs 30, the maximum I will lose is only Rs 30 but if I buy Bajaj Finabce at Rs 4000, I may lose Rs 4000. But if you have Rs 4000, you will buy only one Bajaj Finance share but you will not buy only one share in YES Bank, you will buy 130 shares.
New traders need to stop focusing on winning percentage and worrying about being right on every trade and turn their focus to having small losses & big wins.