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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
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News and Media
"The FTC and SEC should immediately open investigations and, if the reporting is accurate, pursue vigorous enforcement action where appropriate" to force Meta to disgorge profits, pay penalties and agree to cease running such advertisements, Josh Hawley and Richard Blumenthal wrote in a letter to the federal agencies.
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The Reserve Bank of India likely intervened before the local spot market opened on Monday, and intermittently thereafter, helping the currency hold above its all-time low, traders said
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News and Media
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