For those who are in fear of the fall in the market It's not | Stock Shiksha

For those who are in fear of the fall in the market

It's not a new case that market is falling. There are two scenarios: up or down. And market goes in both sides time to time but in long run it goes upward only. 20-30 percent correction we can't rule out in overall market anytime. Market can't keep going all the time and it can't keep falling too. It's all about the the patience, risk management, and calm mind setup. If you miss any of these three it will be difficult to make money in stock market.

We must avoid prediction, extreme fear or greed, and looking for certainty. You can't catch the bottom nor you can catch top. In short, nobody can prevent you from making mistake in stock market. Jesse Livermore was known for the best trader, stock operator. But he killed himself at the end after wiping out three times his capital. The point is slow and steady win the race. If you try to be oversmart and outrun the market, the mechanism of market certainly will punish you.

On current scenario of market, remain calm and stay out of the market if you don't like volatility. Let it settle in few days and once there is sign of possible upside market then come to play. If you know how to short, play short on rise instead of selling at low. Avoid going long in financial s and high beta stocks. IT stocks are only safe bet as of now due to higher demand for digital transformation. While trading with F&O stay light and be target oriented. Once your target is done try to exit.

If possible look for vacation from market till 31st december and enjoy Christmas and new year.

Hope for the best prepare for the worst.

Kaushal K Singh
Stock Shiksha