Zerodha co-founder Nithin Kamath highlights that traders often overestimate their ability to predict markets, emphasising the gap between knowledge and action. Drawing from a podcast discussion with veteran US derivatives trader Tom Sosnoff, he notes that experience does not guarantee forecasting ability, and trading based on conviction rather than probability can lead to losses.Zerodha co-founder Nithin Kamath highlights that traders often overestimate their ability to predict markets, emphasising the gap between knowledge and action. Drawing from a podcast discussion with veteran US derivatives trader Tom Sosnoff, he notes that experience does not guarantee forecasting ability, and trading based on conviction rather than probability can lead to losses
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ