Disciplined reading and learning always pay off in the market. It’s boring,not exciting and not for those we want the blink and thrill. I follow this monthly routine, what’s yours? 1. Read a book, 2. Study 2-3 companies and their stocks,
3. Learn two technical indicators, backtest and paper trading till I get comfortable and confident 4. Read case studies of 2 new sectors- right now it’s Sugar and Chemicals. 5. Concall analysis during results season. 2/n
After all these I probably get to pick 5 stocks for 2-3 months and see how it goes. Honestly, my success rate is low 30%, but I don’t let capital erode. Less loss means more profit. 3/n
Market is no different than any phase of life. more you learn, more you earn. There is so much to learn through webinars and videos that its never enough. Once you put making money as a by product and learning as key goal, you will make wealth no matter what. 4/n. End of thread.
You can follow @sayandutta.
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