steppenwolf
steppenwolf

MARKETS ARE AT A VERY FUNNY SITUATION RIGHT NOW 😂

Every Newbie market participant wants the market to fall.

People with some experience like me feel that markets are very stretched and it should fall.

Even a seasoned trader/Investor would say that markets have gone up a lot and it should be correct.

Almost every participant is in the same boat hoping and waiting for a sudden fall to come any day 😂

I don't think markets are going to fall when everybody is cautious. It may remain in a broad range of 5-7% on both sides, frustrate a lot of participants until election and then move in either direction. Meanwhile stock specific movement will continue on the upside.

It's so funny that everyone is patiently waiting and hoping for a fall 😂

9mo ago
Peudipi
Peudipi

yesterday was a bit chance for put option. i have easily diluted 35k in 2weeks with put call. market remained in sidebase

steppenwolf
steppenwolf

I don't touch options at all. But a lot of premium erosion has happened in the last 3,4 days.

I have seen a lot of people on twitter who lost 10-25% capital in a single day. Its scary.
I won't be able to sleep for a month if 10-25% of my capital gets wiped out in 1 session lol

Peudipi
Peudipi

whats the range of your capital. Also i have dumped some loan money on pfc today your view

BinaryBillionaire
BinaryBillionaire

And then there’s a group of investors like me, who want the market to correct to some extent so that I can invest 1.5L for 80D🥲

steppenwolf
steppenwolf

what do you mean by 80D ?

BinaryBillionaire
BinaryBillionaire

Sorry🥲 *80C ELSS MF

SoreOcean2
SoreOcean2

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DiwaliBonus
DiwaliBonus

You know that your PF is anyway a part of 80C. You needn't force invest into ELSS funds just to claim tax break. Most likely it's happening by itself.

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