How much you lost today ?
What were your losses today in stock market 📉 and what are plans will you average with this correction or more correction is yet to come ?
My trading portfolio was down 1.4% Thanks to Coforge, wipro and HCL tech.
We will be fine until 21200-21000 is held in the nifty. The moment we start slipping below it, I will aggressively start booking profits in my least performing trades, or will get out if they come down to my buy price.
This is not even a proper correction. I am almost sure a 15-20% cut on the index level will come in 2024, i just dont know when but it will come for sure.
If you are afraid of these small blips, then you need to buckle up for true corrections. Make sure that your asset allocation is in line with your risk profile.
Even within equities, it’s high time to rotate money into oversold large and mid caps from small and micro caps.
My current asset allocation: 65:35 Within equities: 65L:18M:17S+Micro
Will increase large cap weightage if market goes below 21200
Small Correction - This is NOT a “correction” 😀
0 💀 but if nifty drops more than I will start loosing
If your portfolio was down>5%, you need to seriously start diversifying it
