I have seen 1992, 2000 and 2008. Post 2008 , we have not seen any form of Global Financial Crisis. If you have entered markets post 2010 , you have not seen a true bear market. The 2020 covid dip and rise ( fuelled by QE) was not a bear market.
I strongly suggest one studies the earlier bear markets on charts, analyse the then economic and socio political scenario before taking any decision. Not all dips needs to be bought , beware of trying to catch a falling knife. Remember Japan 1991
Buyers will get numerous opportunities. Wait for some form of reversal signal, buy 5-10-15% above to be safe. More money had been lost trying to catch a bottom.
Rest your choice. I honestly shared what I feel ЁЯЩП
Twitter gives a fascinating glimpse of behavioral finance on based on majority retail traders. The common consensus seems to be that they could not get in during the covid downspike due to fear, so this time majority will fearlessly buy the dip.
Markets rarely rewards the consensus view. One has to think totally different in order to make money.
This fearlessness in buying the dip is what is making me nervous
@SubhadipNandy16
Sir, you have rightly quoted the mindset of individual investors. I have been getting lot of calls for the same to invest in the markets now. As this seems to be the right time and so on...
No one is even ready to do investment in a staggered manner.
#Covid_19
#FOMO
is playing.
@SubhadipNandy16
Dada,,, adding to your cautious tone, stay away from futures,, anything freaky can happen,,if a nickel trader went short friday night,, would need to cough up 1500 x 1500 ,, a cool 22 lacs,, in one day. So avoid futures. Buy options only.
@SubhadipNandy16
Going by what you r saying тАжtotally put question mark on the way DIIтАЩs are buying ?
We have seen swings of 500 points minimum in 3 daysтАжshows the power of retail investors along with DII buyingтАжone good news will break the chain
@SubhadipNandy16
Dada, I beg to differ on QE part, Money was splashed in the US, not in India. Consumption recovery happened very swiftly in our country, earnings and cash flow growth is visible in Indian companies
@SubhadipNandy16
Data 2018 was worst for us.. think we could also add it into bear list.. continue distributution for almost 2 years , then reached 2020 crash goal.