Hello Guys according to mine experience and knowledge Some things I think are necessary to become a Better trader, so I am sharing all of them with you.
⚡⚡TRADING TOOLS-: (Contains Indicators & Other Soft tools like Screeners Or other software)
So as we all know that a after a good Physical Setup (internet connection, Computers or other gadgets) we also need some...
Trader should identify emotions that are affecting our trading management decisions, and find genuine solution to over come from the same to become a better trader.
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business. If you treat like a...
In the world of trading and investing, it's common to hear the phrase "risk management" thrown around. But what exactly does it mean, and why is it so important?
At its core, risk management is about protecting yourself from potential losses. This can include setting stop-loss orders, diversifying your portfolio, and carefully analyzing market trends before...
NSE:BANKNIFTY
Introduction
If you want to be a successful options day trader, it's not just about having a good strategy. You also need to develop your expertise, seek guidance when needed, and be dedicated to your goals. To do this, you need to be disciplined and follow some options day trading rules. These rules can help you avoid common mistakes and take...
Hey everyone! 👋
While trading and investing offer the opportunity for profit, there is always the potential for loss. The most experienced traders know this best and in today’s post, we’re going to share several time-tested tips to help new traders and investors better understand financial risk and intelligent planning.
📝 Develop a Trading Plan
• Many traders...
Query 1 I have bought nifty 17750 CE 27th October @ 158 and when market fall, I again bought it @ 48. Can I hold till the month end?
Query 2 : I shorted nifty @ 17200, but market is moving up. Can I carry forward my position as I expect market to fall from 18,000.
Answer for query 1 : Option value erode each and every day. Even though the market went up, the...
As a newbie trader everybody has doubts like, “Am I analysing the charts well?”, “Does my analysis skills are improving?”, “Have I changed my trading style?” etc... How to know these? By journaling you can know and measure your progress. Best way to journal your analysis is using trading view and publishing your analysis. You can publish as private ideas, if you...
This question has been asked before. It has been asked now. I will be asked in future. What question is that? It is nothing but, “How to select stocks to trade?”
From beginners to expert traders, everybody knows stock selection is important. Especially for intraday it is very important as same stock won’t give movement daily.
There are two methods. One is to...
In this chapter I am going to discuss about how new bie trader views the share market and the out come of it. After reading this my dear readers, write about your experience, so that it will help new people to avoid such costly mistakes. Mistakes are always costly here and beginners do that a lot. There two type of new bie traders. 1. Completely new to share...
Query :
How to control over trading? In last 4 sessions I made huge losses
I keep on placing orders, once I get loss.
Trading type : Intraday
Trading Instrument : Index
Reason :
Lack of discipline & knowledge
Lack of fear about money
How to rectify:
Trade based on well tested strategy
Less or no trades on news days
Targets vary depending on market...
This post is about simple entry,stop & exit,adapting the market movement. It will be useful to new traders. Watch it fully so that you wont miss important points.
Most of the time we do analysis and market give completely different scenario to handle. In this post I have explained about the trading execution using my yesterday’s analysis. I have explained the...
There are lot of trading strategies which can be easily available. Whatever strategy you use, If you know how to increase the trading edge, and when to avoid the trade will help you to make money. I have taken a simple trading strategy known to most traders, but here I am going to explain how to take the trade which has more winning possibility.
Strategy :...
Why do people take losses in trading?
The reasons or mistakes behind a trader make losses. I suggest you these reasons should not be repeated. If you might have also come to cross from this reason and got losses, you can type in comment number of specific reason what you have faced.
In case, you also have another reason except in this post, please or kindly...
One trade cannot make you rich, therefore it is important to not run behind every breakout trade and risk too much on a single trade.
By working equaly on all the 3Ms of trading we can balance our emtions and trade effectively.
Let's see how with the help of 3M framework we can trade above range breakout pattern.
1- Method Management
Simple range breakout...
Query 1 : I start the day with profit, but at the end of the day I am in loss. How to avoid it?
Query 2 : My profit is going to brokerages only, I am not making enough profit. How to over come it?
Answer : One of the biggest causes for a trader to lose money is over trading. The emotion which causes is nothing but greed. A fearful person who hesitates to place...
What is an Ascending Triangle Pattern?
Ascending Triangle Pattern is a continuation pattern that means when it plays out it will continue the preceding trend. It is created by price moves that allow for an upper horizontal line to be drawn along the swing highs, and a lower rising trendline to be drawn along the swing lows. These two lines form an ascending...
Queries are in the chart.
When you enter/take any trade, you should know your stop loss, targets and duration to carry on with the trade. The direction of the price wont affect your capital if you have a proper plan about the trade. It will save your capital and will make you profitable in long run.
No one knows how long a trend will have strength, how many...
As soon as we see a breakout on the chart we form a basis ( or have a belief ) that the stock will burst and go upside.
We should not try to predict the market. Instead, we should wait and let the market tell whether the breakout is false or true.
You can crosscheck with other indicators. I personally use PRICE ACTION data i.e. after breakout the upper trend line...
