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The Ultimate guide to Market structure with 30+ Charts! Hey everyone!👋 In this post, we'll delve deep into market structure, presenting insightful examples to enhance your understanding of this concept. Introduction: ✅ Market structure is a framework for comprehending the movements and behaviour of markets. In layman's terms, it is a basic form of understanding how markets move. ✅ It can be seen as the flow of the price between a series of swing highs and swing lows. ✅ The market moves in trends, which are the result of various patterns and structures that form and evolve over time. Exhibit: Various structures and patterns evolving over time into different trends The market structure allows you to be in sync with the market and avoid counter-trend trading, which enhances the probability of your setups. Exhibit: Market structure favouring longs There are broadly 3 types of structures: 1. Bullish (Uptrend) 2. Bearish (Downtrend) 3. Ranging (Sideways) Illustration: Bullish market structure Illustration: Bearish market structure Illustration: Range market structure 📈 What is an uptrend? ✅ Characterised by a bullish market structure. ✅ Formation of higher highs followed by higher lows. ✅ For an uptrend to stay intact, it must preserve its ascending structure - higher highs must follow higher lows. 📉 What is a downtrend? ✅ Characterised by a bearish market structure. ✅ Formation of lower highs followed by lower lows. ✅ For a downtrend to stay intact, it must preserve its descending structure - lower highs must follow lower lows. ✅ Lower highs are allowed if the price goes into compression or re-distribution. ⚡ What is a range? ✅ A range is a zone where the price finds itself bouncing between two levels. ✅ These levels are - range high and range low. ✅ The size of the range is dependent on different factors such as asset class, demand-supply, volatility, etc. A lot of times, the structure won’t be as clear as you want it to be. Conversely, sometimes the structure will replicate the textbook. Hence, you need to be flexible in your approach. Sometimes, trading in range-bound markets can be challenging due to the choppiness in price movements. However, when the price action is more defined, some traders may prefer to trade the range by executing breakout trades or mean reversion trades from the range high to the range low or vice versa. It is better to combine market structure with other concepts/indicators for better results. Exhibits: Bullish market structure ATUL Industries Tata Consultancy Services Rain Industries Indian Hotels Navin Fluorine Delta Corporation Gujarat Gas Page Industries Titan Company ITC Exhibits: Bearish market structure Birla Soft Tech Mahindra Indiabulls Housing L&T Housing Grasim Industries Biocon Tata Power Canara Bank NMDC Bharat Petrol Exhibits: Ranging market structure Granules ITC Syngene Hindustan Copper Thank you for taking the time to read this. I hope you found it to be informative and useful. Much love, ❤ Rajat Kumar Singh (@johntradingwick) Community Manager (India), TradingView
NSE:ITCEducation
by johntradingwick
22
A FEW PARAMETERS TO FILTER STOCKS FOR INTRADAY TRADINGThere are few things to be considered before selecting a stock for intraday such as, 1)Volume 2)Price 3)Mimicking Stocks VOLUME: Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs). PRICE: Many would not consider this as a important parameter. but it must be considered. Choosing penny stocks for intraday is not a good choice at all. Always prefer stocks trading above Rs.100 for intraday MIMICKING STOCKS: Look for the stocks which move in sync with the index. So when the index moves upward/downward, there is a high possibility for the stock to go up/down similarly. Few such examples are 1)Nifty & Reliance, 2)Bank nifty& HDFC Bank, 3)Nifty IT & TCS. SUMMARY #Make a List of 10 stocks, which have good volume (>10 lakhs) & price above 100 #Try to Pick stocks from F&O category as they are the most liquid stocks & these stocks can't be manipulated easily by the operators. #Make sure the 10 stocks are from various industries. Because if we pick stocks from same industries, they are likely to move in tandem. #As a beginner, one should trade within only those 10 stocks every single day for at least 6 months. The reason behind is, every stock has a certain behaviour of its own & when we trade same stocks for a long time, one will get to know the in & out of the stocks & eventually be better at trading. #Another good reason is, every stock is subjected to move according to its corporate action ( Earnings, AGM, Dividends etc.,) So it becomes easy to pay attention to the news related to a particular company, when we trade very few stocks. SAMPLE 10 STOCKS LIST: Finance 1)SBI 2)ICICI Pharma 3)SUNPHARMA 4)BIOCON Auto 5)MAHINDRA & MAHINDRA 6)TATA MOTORS IT 7)INFY 8)TECHM Fmcg 9)HINDUNILEVER Metal 10)TATA STEEL Disclaimer : These are not rigid rules. All the above said are the things which am using for long time successfully. If you are successful with any other method, please continue that. Happy Profit Making, Divyaa Pugal
NSE:NIFTYEducation
by Divyaapugal
23
Automatically identify chart patterns using built-in indicatorsHey everyone! 👋 This chart showcases a few of the Automatic Chart Patterns indicators recently announced in this blog post . If you are a technical trader who relies on chart patterns to make trading decisions and hold a paid TradingView plan, check them out. They automatically identify these popular technical setups: ​Bearish and ​Bullish Flags Double Bottom Double Top Elliot Wave Head and Shoulders Inverse Head and Shoulders ​Bearish and ​Bullish Pennants Rectangles Triangles Triple Bottom Triple Top Falling and Rising Wedges You can add the indicators to your chart from the "Indicators, Metrics & Strategies" search window by selecting "Patterns" from the "Technicals" tab in the left pane and choosing an indicator from the list: Once you have selected a chart pattern, the indicator will automatically draw it on the chart for you when it detects the pattern. The chart pattern indicators are easy to use and customize. You can ​alter the pattern detection criteria and visible attributes like colour, line thickness, and style of the lines. We hope you enjoy these new indicators. — Team TradingView ❤️ Feel free to check us out on Instagram , Telegram , and Twitter for more awesome content! 🙂
BITSTAMP:BTCUSDEducation
by TradingView
37
Gold has smoother road towards the northGold teased bears earlier in the week by defying the bullish channel but the follow-on bounce off the $1,934-36 zone renewed buying interest in the yellow metal. However, a clear upside break of $2,000 becomes necessary for the XAUUSD buyers for conviction. Also acting as an upside filter is the aforementioned channel’s lower line, close to $2,011 at the latest. Following that, a run-up toward the previous yearly high of around $2,070 can’t be ruled out. Meanwhile, a one-week-old horizontal support zone near $1,934-36 puts a floor under the Gold price, a break of which could quickly recall the $1,900 threshold on the chart. However, a convergence of the 200-EMA and six-week-old horizontal region surrounding $1,890-85 appears a tough nut to crack for the bears. Should the bears keep the reins past $1,895, the early-month swing high of near $1,854 can flash on their radars. Overall, the Gold price may keep grinding higher as promising oscillators join the metal’s hesitance in declining.
OANDA:XAUUSD
by MTradingGlobal
2
Financial ratios: digesting them togetherI hope that after studying the series of posts about company financial statements, you stopped being afraid of them. I suggest we build on that success and dive into the fascinating world of financial ratios. What is it? Let's look at the following example. Let's say you open up a company's balance sheet and see that the amount of debt is $100 million. Do you think this is a lot or a little? To me, it's definitely a big deal. But can we say the company has a huge debt based only on how we feel about it? I don't think so. However, if you find that a company that generates $10 billion in annual revenue has $100 million in debt (i.e. only 1% of revenue), what would you say then? That's objectively small, isn't it? It turns out that without correlating one indicator with another, we cannot draw any objective conclusion. This correlation is called the Financial Ratio . The recipe for a normal financial ratio is simple: we take one or two indicators from the financial statements, add some market data, put it all into a formula that includes a division operation - we obtain the financial ratio. In TradingView you can find a lot of financial ratios in the section Financials -> Statistics . However, I only use a few financial ratios which give me an idea about the financial situation of the company and its value: What can you notice when looking at this table? - Profit and revenue are frequent components of financial ratios because they are universal units of measurement for other reporting components. Just as length can be measured in feet and weight in pounds, a company's debts can be measured in revenues. - Some financial ratios are ratios, some are percentages, and some are days. - There are no financial ratios in the table whose data source is the Cash Flow Statement. The fact is that cash flows are rarely used in financial ratios because they can change drastically from quarter to quarter. This is especially true for financial and investment cash flow. That's why I recommend analyzing cash flows separately. In my next post, I'll break down each financial ratio from this table in detail and explain why I use them specifically. See you soon!
NSE:BANKNIFTY1!Education
by Be_Capy
1
|Mirza International |Momentum in stock| Analysis|Since breakout (May'22), the stock given a return of 100% and retrenched to fib level. On analysis the chart the on shorter time frame, solid strength visible for long term investment and expected target will be Rs 580. The stock was consolidating in range of Rs 219 – 260 from past 3 months, clear resistance breaks visible in chart. Golden Crossover, the moving average crossover of 50 & 200 showing confirmation of a long-term trend and volume confirm the strength in breakout. Thanks -AJ Disclaimer: The chart analysed for educational purpose only.
NSE:MIRZAINTLong
by Indieconomic
8
#Nifty #fallingwedge on hourly chartsNifty on hourly timeframe is showing a falling wedge formation with double bottom placed at the bottom of the falling wedge channel and also a very important support placed around 16800-16850 support zone band. 20 DEMA is placed around 17400 currently and as that acts a magnet, it can't be ruled out that price is going to a move around that. This zone is also currently coinciding with the around 50 to 61.8% pullback zone of fall from 17800 to 16830 levels. Price is also showing a consolidation in around 250 to 280 points range and a breakout above it would also suggest hourly double bottom range breakout, the range targets are also coinciding with similar target zone as visible from the above two observations. So, possibility of 17350+ can't be ruled out in short term in Nifty and further assessment of price action can be done from there on. Happy Trading :)
NSE:NIFTYLong
by aktradelearning
21
Types of Alerts on TradingViewHey Everyone! 👋 While alerts have a ton of potential applications when it comes to trading, they are often underutilized because it can take some time and ingenuity to build a system where they can work well. Alerts can turn the experience of trading from a constant search for ideas - and always feeling behind - into a relaxing job of waiting for your own pre-approved conditions to trigger before taking action. In short, alerts can make you much more well-prepared for the market’s ups and downs. 🔍 In this post, we will look at the two distinct types of alerts available on our platform. Our alerts are categorized into two types based on resource requirements: ➡ Price alerts ➡ Technical alerts Each alert type has a separate limit on the number of active alerts based on the subscription. We are happy to announce that we have recently doubled the combined limit for both alert types. 🎉 The current limits for active alerts are as follows: As shown in the table, the Basic plan includes one price alert and one technical alert, while the Premium plan provides access to a much higher number of alerts. Specifically, users on the Premium plan can enjoy up to 400 price alerts and 400 technical alerts. Now, you might be wondering about the distinction between price and technical alerts. What sets these two apart? Let's dive into the specifics of each type to gain a better understanding of their unique features and benefits. 💸 Price Alerts An alert is considered a price alert when the following two conditions are met: 1. Only a symbol is used in the alert (for any type of chart: Bars, Renko, PnF, etc) and a price value 2. One of the following is selected as the trigger condition: • Crossing • Crossing Up • Crossing Down • Greater Than • Less Than For example , the following alert on a candlestick chart would be considered a price alert: 👨‍💻 Technical alerts An alert is considered a technical alert if any of the following conditions are met: 1. The alert uses an overlay symbol, indicator, drawing or strategy 2. One of the following is selected as the trigger condition: • Entering Channel • Exiting Channel • Inside Channel • Outside Channel • Moving Up • Moving Down • Moving Up % • Moving Down % For example , the following alert will be considered a technical alert since the trigger condition is set as “Moving up %”. We hope that this post has provided you with a clearer understanding of the distinct types of alerts available on TradingView. However, if you require further assistance with setting up or managing your alerts, we recommend visiting our Help Center . Thanks for reading! Hope this was helpful. See you all next week. 🙂 – Team TradingView Feel free to check us out on Instagram , and Twitter for more awesome content! 💘
NSE:KPITTECHEducation
by TradingView
8
Trade Idea on Ambuja Cement with Price action notes In the above chart, the price action goes like this. 1) 50-60% Fibo retracement zone - Stock after a substantial fall getting lots and lots of demand from this zone 2) Its fibo retracement - Used from a swing low to swing High 3) Its called a counter trendline - stock currently getting demand on the extended CT, as a result of breakout and bigger time frame retest 4) It's called a trendline, made from a swing low point to another swing low, extended forward, giving a demand zone 5) Its called a Confluence zone, Candlestick pattern is bullish pressure, lower wick multiple rejection on W time frame and cluster of many other demand areas 6) 3 Yellow lines are potential Target zones from CMP.
NSE:AMBUJACEMLong
by Averoy_Apoorv_Analysis
6
The Last Bear Rally is here! Elliotical approach to BTCUSD.Hello Traders! 1. The idea was originally published on 19th Feb and will be attached. 2. We see a break of the 25250 high as we had expected in the previously published idea. 3. BTCUSD tested 161.8% level and fell over 2000 points in a couple of hours. Not a mere resistance, it's much more than that. 4. Some consolidation is expected before we place our sell orders. From when this idea gets published, I expect a move up in the hourly tf above the said red line. Once the market moves beyond the red line and gives a closing in the 1hr tf, we can place sell orders below the Red Line. 5. One thing I've learned the most in trading experience is that when the whole lot is buying like it's a bull run that never ends, we sell. And when the whole lot is absolutely pessimistic about the market, we buy . Obviously, we should back this psychology with fundamental or technical analysis. Do use proper risk management. Happy Trading! Profits, Market's Mechanic.
Short
by UnknownUnicorn27677748
54
Nifty2015-16 vs 2021-23Price has a habit of repeating historical pattern, as patterns are nothing but psychology of thousands of traders watching same charts. Nifty currently is showing very similar price pattern on daily timeframe which it developed in 2015-16, where previously it made a top and then was facing a resistance on falling trendline and sort of made triple/multiple tops. It finally broke out of it by making a double bottom on daily charts and then started another upmove. This upmove got fizzled out and made a rounding top pattern, and potentially those who were active that time would have faced similar dilemma which traders are currently facing that if this rounding top sort of formation breakdown then what are downside target. That didn't happened and Nifty made another double bottom around Dec 2016 and post which it rallied and rest is history where dream run of Nifty started and it went on to make a new high until 2020, when Covid crash came. Similarly, in current chart of 2021-23 session (as of today), Nifty has shown similar price pattern of facing resistance at a falling trendline then breaking out of it via a double bottom formation and making a new high. Post which it has now corrected and is sort of making another rounding top. Will Nifty survive the swing lows around 16750 or will it break and invite fresh aggressive shorts to trap them and then run away - only time will tell that, but these are just observations with an anticipations that potentially this correction will also get over very soon and we are may be near to bottom formation and then start a fresh up move. There is no trade recommendation here and these are just observations for learning purpose Nifty 2015-16 Nifty 2021-23
NSE:NIFTYEducation
by aktradelearning
29
How to trade the Diamond PatternHey Everyone, as we all have at least traded a Diamond pattern and if not at least we have heard a lot about it but what does this pattern refers to bullish or bearish and in this post we will also learn how to trade it, where to take stoploss, where to take position in it and where and how to identify the target so pls do like and follow. Some common questions that arise in everyone's mind :- What is a Diamond Pattern ? Technical chart patterns such as diamond patterns indicate a possible trend reversal or continuation. Diamond-like patterns are formed by two converging trend lines between which prices oscillate. Below is a trading strategy for trading diamond patterns: Identify the pattern: the first step in diamond pattern trading is to identify the pattern on the price chart. Look for a pattern that has two converging trend lines between which prices oscillate. Determine the direction of the trend: once you have identified the pattern, you need to determine the direction of the trend. If the diamond pattern forms during an uptrend, it is considered a bearish pattern. If it forms during a downtrend, it is a bullish reversal pattern. Open the trade: Once you have determined the direction of the trend, wait for a breakout from the diamond pattern to confirm the direction of the trade. If the pattern is a bearish reversal pattern, open a short trade as soon as the price breaks below the lower trend line. If the pattern is a bullish reversal pattern, open a long trade when the price breaks above the upper trend line. Set a stop loss: To limit possible losses, place a stop loss order just below the low of the breakout candle for a long trade and just above the high of the breakout candle for a short trade. Set the target: The target for the diamond pattern trade should be the height of the diamond pattern, measured from the highest point to the lowest point added to the breakout point. This target can be adjusted according to the trader's risk tolerance and trading style. Manage the trade: As the trade progresses, monitor the price action and adjust the stop loss and take profit orders accordingly. If the trade moves in your favor, you can take partial profits or tighten your stop loss to lock in profits. Avoid false breakouts: diamond patterns are prone to false breakouts, where the price breaks out of the pattern but then quickly retraces. To avoid false breakouts, wait until price closes outside the pattern before entering the trade. Trade with proper risk management: As with any trading strategy, it is important to trade with proper risk management. Risk only a small percentage of your trading account on each individual trade, and do not risk more than you can afford to lose. Always use stop loss orders to limit possible losses. Here are some additional tips for trading the diamond pattern: Confirm it with other indicators: although the diamond pattern can be a reliable trading signal, it is always advisable to confirm the signal with other technical indicators such as moving averages, momentum indicators or volume indicators. Look for additional signals that support the direction of the breakout. Pay attention to multiple time frames: To increase the probability of a successful trade, it is helpful to look for the diamond pattern in multiple time frames. Look for the pattern on daily, weekly and monthly charts and trade only if it is consistent with the larger trend. Be patient: it may take some time for a diamond pattern to form. So be patient and wait for the pattern to fully develop before entering the trade. Rushing to enter a trade before the pattern has fully formed can lead to false breakouts and unnecessary losses. Practice with a demo account: Before risking real money, it is always a good idea to practice trading the diamond pattern with a demo account. This way you can test your strategy, refine your entry and exit points and gain confidence in your trading plan before risking real money. Trading the diamond pattern requires a combination of technical analysis skills and patience. The diamond pattern is a reversal pattern that forms after a long uptrend or downtrend. The pattern looks like a diamond or a kite and indicates a consolidation phase before a possible trend reversal. Traders can use the diamond pattern to identify potential entry and exit points for trading. In order to trade the diamond pattern, you must first correctly identify the pattern. Once you have identified the pattern, you should look for confirmation of the pattern. This can be done by waiting for a breakout above or below the support or resistance levels of the pattern. Traders can take long positions if the breakout is above the resistance level, or they can take short positions if the breakout is below the support level. The stop loss should be placed just below the support level of the pattern for long positions and just above the resistance level for short positions. The stop loss should be placed at a level where the trade will be invalidated if the price moves against the expected direction. The target for the trade can be calculated by measuring the distance between the highest and the lowest point of the pattern and projecting this distance from the breakout point. Traders can also use other technical indicators to determine potential price targets. It is important to note that trading the diamond pattern can be risky, and traders should manage their risks effectively. One way to do this is to use proper risk management techniques, such as position sizing and limiting risk capital. In addition, traders should be patient and wait for confirmation of the pattern before entering a trade. Rushing into a trade without proper analysis and confirmation can result in losses.
NSE:COFORGEEducation
by MAYANKTECHRESEARCHING
2
Bank Nifty - Is the Crack for 2540 Points Done!!!After a big fall of 2540 points from 41671 highs as expected in the last video published on 1st March 2023 - Are we done with the current impulse? Let us check out the simplest method of price confluence which is initial wave = final wave in the impulsive structure Wow!!! Indeed that's the case as we see over the video. 39132 could be most important low & if correct then index could rally upside for targets mentioned below 41671 42000 43078 Hope you enjoyed the last idea. ----------------------- Last Idea -----------------------
NSE:BANKNIFTYLong
by WaveTalks
32
The Ultimate Rules for Options Day Trading SuccessNSE: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 away the guesswork. Here are some rules that every options day trader should know and if you use them in a disciplined manner then they have been proven to help beginners become winning options day traders. Some important rules are :- Rule 1 Setting Realistic Goals for Options Day Trading One of the most important rules for success in options day trading is to have realistic expectations. Options trading is not a way to get rich quickly, but it can be a profitable career if you put in the time and effort to learn and master the craft. You need to be prepared for a learning curve and be willing to stick with it even when it gets tough. You should also expect losses, as no strategy can guarantee gains all the time. Good money and risk management can help minimize losses. Rule 2 Start Small to Grow Big When you're new to day trading options, it's important to be cautious. You're still learning about options trading and the financial market, so take your time. Don't rush into things, even if you're excited. Start by practicing with paper trading and then move on to smaller options positions. Gradually increase your positions as you become more familiar with day trading options. This approach helps you minimize your losses and develop a systematic method for entering positions. Rule 3 Know your limits You may be tempted to trade as much as possible to develop a winning monthly average but that strategy will have the opposite effect and land you with a losing average. Remember that every options trader needs careful consideration before that contract is set up. Never overtrade and tie up your Capital. Overtrading will make money for your broker not you. Rule 4 Get Prepared Mentally, Physically, and Emotionally for Options Trading To succeed in options day trading, you need to take care of your mental, physical, and emotional health. This means getting enough sleep, eating a healthy diet, exercising regularly, avoiding excessive alcohol and smoking, and reducing stress in your environment. These habits will help you stay alert and focused throughout the day. So, take the time to care for yourself and perform at your best every day. Rule 5 Do Your Homework Daily – Plan your day Before the market opens, study the financial environment and news to develop a daily trading plan. This is called pre-market preparation and it's essential to stay competitive and align your strategy with the day's conditions. Develop a pre-market checklist that includes evaluating support and resistance, checking the news, assessing volume and competition, determining safe exits for losing positions, and considering market seasonality. Rule 6 Analyse Your Daily Performance Track your options day trading performance daily to notice patterns in your profits and losses. This will help you understand why you're gaining or losing money and fine-tune your processes for maximum returns. Reviewing your daily performance will also help you make long-term decisions for your options day trading career. Rule 7 Pay Attention to Volatility Volatility is how likely the price will change over time in the financial market. It can be good or bad for an options day trader, depending on their goals and position. Many factors affect volatility, like the economy, world events, and news reports. Straddle and strangle strategies are helpful in volatile markets. There are three types of volatility: price, historical, and implied. Price is based on supply and demand, historical looks at past performance, and implied predicts future performance. Rule 8 Use Option Greeks Greeks are measures that help to determine an option's price sensitivity in relation to other factors. They are represented by letters from the Greek alphabet and are used in complex formulas to determine option pricing. Despite their complexity, Greeks can be calculated quickly and efficiently, allowing options day traders to use them to improve their trades for maximum profit. Delta, Gamma, Vega, Theta, Rho Learn about option greeks from here I hope you found this helpful. Please like and comment. Keep Learning, Happy Trading!
NSE:BANKNIFTYEducation
by SANJAYPATIDAR_
4
5 Tips For Managing Losing Trades (It Happens To Everyone)Losing trades happen. They are a part of the journey. There is simply no such thing as a trader or investor who wins all the time. All the famous investors or traders you know have LOST many times in their careers. It is perfectly normal. Did you know the famed hedge fund manager Ray Dalio lost everything in his 30s? He went broke. He had to start over from scratch. This post will address what losing trades really mean and how to deal with it. Before we begin, let us state the obvious: - Be careful of people who claim they don't lose. - Avoid people who flaunt win rates or success rates that are simply not possible. - Losing trades happen to everyone! You are not alone. Now, let's talk about what bad trades mean and 5 tips for managing them: Number 1: A losing trade is different from a bad trade The most experienced traders are well aware of their risk before they ever place a trade. Each losing trade is a small component of a bigger process that relates to a system, plan or strategy that has been thoroughly tested and studied. A losing trade is a calculated event for experienced traders. They defined their risk, position size, stop loss, and profit target. 🎯 A bad trade is very different. A bad trade implies someone risked their hard-earned money with no plan or process. A bad trade is reckless and indiscriminate trading. This often happens to new investors or traders who do not yet understand the time, studying, and research that goes into making a rock-solid plan. Be sure to remember the difference between a calculated losing trade and a bad trade with no plan or process. TradingView Tip: there are several ways to get started with a plan, system or process. Paper trading, backtesting and/or working with proficient traders who give valuable feedback are all ways to get started. Don't risk your money without first doing research. Number 2: Every losing trade provides data to get better As we've mentioned several times now, losing trades happen to everyone. But remember, losing trades are also filled with insightful information and data. You can learn a lot from analyzing losing trades. 🔍 At the end of each trading day, week or month, experienced traders will analyze their losing trades in detail. What patterns are appearing? What do they share in common? Why did they happen? With this information, a trader or investor can adjust their strategy based on what they've uncovered. Number 3: Do not let losing trades impact your health Your mental and physical health are just as important as your financial health. Do not let losing trades impact either of those. If your system is breaking down or several losing trades are starting to impact your emotions, step away from the computer or phone. Turn everything off and walk away. The markets have been open for hundreds of years and are not going away. When you're ready to come back, they'll be there. Get up, get some fresh air, and get back in the arena when you're ready. Number 4: Share your experiences with others Traders and investors across the globe want to learn from your stories and losing trades. These are invaluable experiences that we all share in common. Social networks allow you to chat, share, and meet people who are going through similar things. We can all learn from each other. Sure, the temptation to share your winners or act like the best trader who ever existed is tempting 😜 - but it's clear we learn together and get better when we share lessons from the loses. This is where the deepest insights are found, and together, it's where we can grow as a community of traders all trying to outperform the market. Share and ask for constructive feedback! Number 5: Keep Going Markets are a game of learning, relearning, and progressing forward. New themes, trends, and stories appear and disappear daily. The journey is long and it never stops. When implementing your trading plan or investing plan, it's important to do it with the long-term in mind. One or two losing trades in a single day or week is a small fraction of what's to come many months and years down the road. 🌎 Keep going. Keep building. Keep refining your plan. Study the data. We hope you enjoyed this post! We hope you learned something new or informative! Please leave any comments below and our team will read them. - TradingView ❤️ Feel free to check us out on Instagram , and Twitter for more awesome content!
BSE:SENSEXEducation
by TradingView
28