InvestorQ : How do I get the better of the market this time around? Last time, the bears got the better of me?
prachi Patwardhan made post

How do I get the better of the market this time around? Last time, the bears got the better of me?

Answer
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ishika Banerjee answered.
2 years ago


The primordial rule is never to start off with the idea of taking revenge on the markets. The market is after all the aggregation of view but it throws up some aspects. Remember the old aphorism, “revenge is sweet but its results are bitter”. Yes that applies to trading in the markets too. But how do you even take revenge on the markets. It is called trying to get even with the markets. There are various ways in which traders try to get even with the market. Some traders try to get even with the market by taking a contrarian view. Other traders try to average their positions to get back at the markets. Still others simply overtrade in the market to try and reduce their losses. All the three actually risk losing money in trying to avenge markets…