The market runs on fear and greed, but the smart player is fearful when others are greedy, and vice versa....
As we head into an expectedly choppy 2024, retail investors could adopt one suggestion to protect profits and save themselves from losses:
Trade intraday and start making profit with our bank nifty option tips for tomorrow and be on the right side of the market always and every time.
First, review their portfolio and decide which stocks are: well researched picks, or random tips, or stocks purchased in FOMO, which were short term plays but are now being held in loss, and which are doing unexpectedly well. The stocks which you plan to hold for long, prepare a plan to add more on predecided dips (say,every 1%) and let them grow. The losing stocks, amputate them at the earliest before the entire portfolio starts getting affected. Be ruthless in this. The unexpected gainers, try and decide at which price will your greed ends fear begins, and put exit orders to remove the strain of daily decision making. Keep the cash you get from exiting these stocks in hand and add to the good, researched stocks on dips. Control the greed, ride the fear, and 2024 could be another great year
