While the lure of going all-in on equities may seem irresistible, it can prove to be a trader’s undoing when things go badly wrong, as they often do on the Street
March 26, 2024 / 10:43 AM IST
Once a trader has spent sufficient time in the markets and seen at least two cycles of boom and bust, he understands the virtue of patience and capital preservation.
As a student I watched the Hollywood 1987 blockbuster “Wall Street” with fascination. A young Michael Douglas’s “Greed is good” had become a catchphrase for us students. As was his dialogue “Lunch is for wimps.” It brought across the sense of urgency in a trader to get rich quickly. I had started trading in 1986 and I wanted to emulate Gordon Gekko the character that Douglas played. Every trader tries to remove speed breakers along his trading
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Moneycontrol Pro Panorama | Will Lilliput Land show its consumption power again?
Mar 22, 2024 / 02:57 PM IST
In today's edition of Moneycontrol Pro Panorama: Red Sea crisis could cause bigger problems if unchecked, February export data spr...
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