Wednesday, January 19, 2022

Stock market and Mahabharata

What lesson can a stock market trader learn from the Mahabharata?
December 3, 2021 by Malai Hari
1. If you are in losing streaks, take some time out, Yudhisthira is not done he is losing and still played till end, all wiped out.
2. Karna overconfident in his strategy than his shield, ultimately kills. (Stops loss is traders shield)
3. Duryodhana , ego not giving up the war , sticking to a scrip/position, which is wealth destroyer
4. Krishna's clam mind win the war against huge army, Clam mind work wonder for traders.
5. Vidura discipline, and unbiased approach need for trader to see things as it is.
6. Even in gamble, shakuni have plan before play, Yudhisthira have no plan. Plan the trade and trade the plan.
7. Dronacharya emotion in the battle field pays the way to defeat, emotion in trading is biggest factor in trading.
8. "You have a right to perform your prescribed duties, but you are not entitled to the fruits of your actions. Never consider yourself to be the cause of the results of your activities, nor be attached to inaction." - Gita

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