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While many would come to know last week only that MS Dhoni’s interest and understanding of the stock market is more than what most knew about. The fact that he pretty much knew how nifty has fallen in the short term was clearly an indication of the fact that he follows the market very closely. But more than anything else, what is striking is that MSD said about a basic principle of investing. Look to add to your wealth gradually and not be in a hurry to multiply the wealth. Those were the words of wisdom from a person who has handled the art of performing under stress.

When and where do most of the traders and investors get caught on the wrong foot? When they are not able to make a distinction whether the markets are in “ buy on dips” mode or they are in “sell on rally” mode.

Now it is easy to say, but it is very tough to decide whether this particular move in the market is just a small correction after which the market will move up again, or it is a reversal of trend.

Especially when valuations in markets are high and there is a geopolitical risk, one never knows when a small correction becomes a change in the trend. Now let’s look at the current scenario, while nifty corrected earlier, bank nifty was second one to follow and now it is the turn of the mid-cap stocks which are witnessing violent correction. While at an index level, the correction might not be very high, but at stock levels, cuts have been very high. So, it would be better to learn from experts at rigi’s – gap up, a platform where a curated set of experts, with experience ranging from 10 to more than 30 years in the markets are present to teach you on how to trade in options, with complete hand holding. It is not about options trading, a number of SEBI registered experts who are present to teach you how to look at multibagger stocks. Embark on a journey to become a proficient trader with ItJegan’s Risk Defined Option Trading course at Gap-up . This meticulously crafted course imparts essential trading strategies, ensuring you are well-versed in navigating the market landscape. Core to the curriculum is Risk Management, aimed at equipping you with the knowledge to mitigate potential financial adversities. Delve into the realm of Trading Psychology to master the emotional and mental aspects integral to successful trading. Additionally, the course sheds light on Position Sizing, a crucial skill to optimize your trade positions and manage risks adeptly.

Rather than taking blind risk based on gut feeling and advice from your friendly neighborhood, it would be better to first spend time understanding the nuances of trading. The fact is that every market condition has different solutions for traders and for investors. For a trader with a bias of buying options there are experts who have focussed course on option buying. Also at the same time experts, who can teach the art of selling options. Check the option of learning at gap-up before buying or selling options.Disclaimer – This article is published by ET Spotlight (etspotlight@timesinternet.in)

(What’s moving <a href=”https://economictimes.indiatimes.com/indices/sensex_30_companies”>Sensex</a> and <a href=”https://economictimes.indiatimes.com/indices/nifty_50_companies”>Nifty</a> Track <a href=”https://economictimes.indiatimes.com/markets/stocks”>latest market news</a>, <a href=”https://economictimes.indiatimes.com/markets/stocks/recos”>stock tips</a> and <a href=”https://economictimes.indiatimes.com/markets/expert-view”>expert advice</a> on <a href=”https://economictimes.indiatimes.com/markets”>ETMarkets</a>. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, <a href=”https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ” rel=”nofollow” target=”_blank”>subscribe to our Telegram feeds</a>.) <p>Download <a href=”https://etapp.onelink.me/tOvY/feefac97″ target=”_blank” rel=”nofollow”>The Economic Times News App</a> to get Daily Market Updates & Live Business News. </p> <p>Subscribe to <a href=”https://buy.indiatimes.com/ET/plans”>The Economic Times Prime</a> and read the <a href=”https://epaper.indiatimes.com/timesepaper/publication-the-economic-times,city-delhi.cms”>Economic Times ePaper</a> Online.</p> and <a href=”https://economictimes.indiatimes.com/markets/stocks/live-blog/bse-sensex-today-live-nifty-stock-market-updates-30-november-2023/liveblog/105606259.cms”>Sensex Today Live</a>.</p> Top Trending Stocks: <a href=”https://economictimes.indiatimes.com/state-bank-of-india/stocks/companyid-11984.cms”>SBI Share Price</a>, <a href=”https://economictimes.indiatimes.com/axis-bank-ltd/stocks/companyid-9175.cms”>Axis Bank Share Price</a>, <a href=”https://economictimes.indiatimes.com/hdfc-bank-ltd/stocks/companyid-9195.cms”>HDFC Bank Share Price</a>, <a href=”https://economictimes.indiatimes.com/infosys-ltd/stocks/companyid-10960.cms”>Infosys Share Price</a>, <a href=”https://economictimes.indiatimes.com/wipro-ltd/stocks/companyid-12799.cms”>Wipro Share Price</a>, <a href=”https://economictimes.indiatimes.com/ntpc-ltd/stocks/companyid-12316.cms”>NTPC Share Price</a>

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By Singh Anoop

Viral News is a team of highly dedicated and passionate news analyzer's we found any news around the web, analyze it and publish all the possible sides of that news to maintain the neutrality of our contents. SK Singh [Tech expert], Dr. Dwivedi[Politics], Anoop Singh[Sports & Entertainment]

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