Yes.. Nifty is Mahendra Bahubali, the All Powerful & non-manipulated super power even in uncertain global scenario's. In Most of the PM's I get one frequent question, how to choose which stock to trade for the day ? And people do trade that in Equity futures / Options of that equity. I can undertstand bcos thats where more money lies and people chase that but...
Doing paper trade before and after you become a trader is completely different. Before you become a trader, you dont know about fear, greed and maximum draw down for your trading strategy( Draw down is the loss of your capital after a series of losing trades). You have a trade set up and you test it by paper trading. After becoming a trader you know how you feel...
"Always follow your trading plan". Every trader have trading plan. When to enter a trade, when to exit, target and stoploss. And also everybody have their own analysis skills. We can discuss with our trading friends about a script. We can discuss whether the price is going up or going down. But when entering a trade it should be based on our analysis, our trading...
Follow a proven methodology to benefit. Don't fall in the same rut others have. Stop gambling in the market with your hard earned money Realize the truth of the game going around you and align yourself with the reality.