Capitalmind Podcast cover image

Stock market returns are lumpy. Get used to it!

Capitalmind Podcast

00:00

The Discontinuous Jump

You lost 100% of your capital in one trade. This is amazing, but this happens all the time. The markets are inherently discontinuous at extremes. So if your expectancy is positive after this enormous loss is when you make money. It can go to one and a half or two lakhs. You never hit 100. You just went from 97 straight to 103. Because prices go up so violently, is why the NSC actually banned some kind of stop-loss orders.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app