45 lakhs+ derivatives traders exited the markets last FY.
And that number is not only highest so far, but the number of those exited is higher than that of those who entered the markets.
That shows how ruthless markets have been.
And time and again, we see, people coming and going out of the markets. Nothing new.
The only thing I see here is, the paper hands, the weak links would be kicked out.
Markets are merciless and ruthless in kicking people out.
Markets only rewards those with balls of steel (like yours truly) and rewards handsomely.
It tests your patience.
Only the worthy are rewarded.
Survival of the fittest.
Stay in the game.
P. S: I take this as a contra indicator. Once weaklings are out, that’s where we usually see markets making long term bottoms.