What is a retail trader’s mindset? If a share's current market price is 100 which is all time high or 52 week high he says its expensive but if it goes to 200 and then comes to 100 now he says its cheap imagine same price exactly different views so be rational don't buy something because has fallen too much because if a share have to rally for 3 to 5 years. It will not fall too much and if it’s falling then it’s a sign of end of rally or big problem in the company. You have to have a deep understanding of a business to catch such a falling knife. So it’s always better to buy 52 week high as compare to 52 week low. so retail people forget DHFL, Concentrate on IT share TCS, Tech Mahindra, HCL tech, They are making 52 week high in falling market I guess IT could be the sector of the coming years
L-006 Psychology and Trader Mindset
What is a retail trader’s mindset? If a share's current market price is 100 which is all time high or 52 week high he says its expensive but if it goes to 200 and then comes to 100 now he says its cheap imagine same price exactly different views so be rational don't buy something because has fallen too much because if a share have to rally for 3 to 5 years. It will not fall too much and if it’s falling then it’s a sign of end of rally or big problem in the company. You have to have a deep understanding of a business to catch such a falling knife. So it’s always better to buy 52 week high as compare to 52 week low. so retail people forget DHFL, Concentrate on IT share TCS, Tech Mahindra, HCL tech, They are making 52 week high in falling market I guess IT could be the sector of the coming years
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