Nithin Kamath and Ramesh Damani in combination offer the most important rule in trading https://ift.tt/ivBjaoI co-founder Nithin Kamath has said that most retail traders fail due to irrational decision-making. Meanwhile, financier Ramesh Damani has said that "trading is always done by slip book and not cheque book". According to Damani, speculation is about leverage, and traders should cut their losses and hold on to their profits. Kamath clarified this statement by explaining how badla traders would always make a profit for themselves and their brokers, while those who issue cheques were betting the wrong way and should cut their position.
Wednesday, June 14, 2023
Home
Economic News
Nithin Kamath and Ramesh Damani in combination offer the most important rule in trading
Nithin Kamath and Ramesh Damani in combination offer the most important rule in trading
Subscribe to:
Post Comments (Atom)
-
BEIJING: A container port in China's eastern marine hub Ningbo has suspended operation after a member of staff tested positive for COVID...
-
NSE IFSC-SGX Connect may be fully operational by June https://ift.tt/XC89Iks this connectivity, global investors who are clients of SGX will...
-
Cryptocurrency, or "crypto" or "tokens", is all the rage right now. People are buying and using cryptos for varied purpo...
No comments:
Post a Comment