Jose Paul Martin
@jpmartin
JOSE | ജോസ് | जोस • partner @ encapita.com • publisher @ zencapita.com • thinker @ jpmartin.com & Returned NRI
How (Some) Traders REALLY make money?
How traders can make money, a quick thread below (I've been around for long) 👇🏼
#nifty #banknifty #sensex #finnifty
• Sell trading calls/tips/alerts - you have to pay for continued access. Using WhatsApp/Telegram/Slack/Newsletter/Twitter (soon maybe)
RBI & Inflation
Has the #RBI ever given thought to their forward-looking statements?
#psychology #behaviorialfinance
Thread below:👇🏼
1/ The moment ppl hear that rates are going to be higher or increase over time, those intending to take loans, will be pushed into taking them sooner, pushing prices up further. (mostly applicable to large durables/consumer goods cars/housing)
Are you a trader or investor
One of the differences I've seen b/w traders and investors is that they have to believe the story they narrate to themselves.
If they're wrong, it will be too late to correct the course.
Further, they're tied to their narration. So even if they are wrong, they have to justify.
Traders, on the other hand, have the advantage of not being tied to the story, or the company but to the ticker.
They're in it to be rich, and not necessarily right.
A good trader will change direction when things are against them. Cut your losers short & let your winners run.