Hello,
here is the full interview link of RJ.
http://deadpresident.blogspot.in/2011/10/rakesh-jhunjhunwala-worst-trading-year.html
iam not saying that he is not a good trader. rise and down will always there in trading,what iam saying is he solely depends upon stock picking,he never care for exits,which is bad,see he gone debt and he still want to hold that trades at that time,and he also says that he never no wat he will gonna do with his positions.
see he is a discretionary trader,which involves psychology for trading decisions and when pshycology involves there is lot more chances/room for errors and which he does.
study carefully the interview u will notice lot of points which r not suitable for a professional trader like he is.
Regards,
here is the full interview link of RJ.
http://deadpresident.blogspot.in/2011/10/rakesh-jhunjhunwala-worst-trading-year.html
iam not saying that he is not a good trader. rise and down will always there in trading,what iam saying is he solely depends upon stock picking,he never care for exits,which is bad,see he gone debt and he still want to hold that trades at that time,and he also says that he never no wat he will gonna do with his positions.
see he is a discretionary trader,which involves psychology for trading decisions and when pshycology involves there is lot more chances/room for errors and which he does.
study carefully the interview u will notice lot of points which r not suitable for a professional trader like he is.
Regards,
Thanks or sharing the article, its nice to read his interview.