Experience vs Time Curve of a Traders life My agenda for this video: I wanted to portray how Experience and Profits are not directly proportional to each other, but the process gives us strength to create an edge in the stock market, not become a gambler and follow something of our creation. This creation leads us to profitability as well as experience.
A trader Experiences many things in life; I have demonstrated my journey in simple terms here.
It's a motivational video / a road map for those blinded by call providers and tip sellers. One you should never rely on, the only person you can rely on in the stock market
is not even yourself but your setup.
This video contains differences between experience time and Profit Loss curves.
I have converted the IDBI bank chart (it looked suitable as per the uptrend I wanted to portray in terms of experience vs. time curve )
Directions: Upside movement for this stock in this video does not mean you are profitable; it means you are gaining experience; in the start of the video, I have explained how one confuses lady luck profits with increasing experiences
Purpose of this video: the sole purpose is to motivate my fellow traders to rise and learn to use the trading view community and tools and move above the infraction point in their trading life.
I hope you will enjoy this video. Comment your Thoughts on improvement
Experience
One of my biggest lessons market taught me, read description.I always wanted more from the swing trades I took and I failed to recognise the right target for my trade which many times lead to the stock going down from a major resistance or a trend reversal because of the resistance zone because of which i had to lose a winning trade many times and with time and practice i realised what is best for me is to sell that stock in a major resistance if there is no sign if it will break the resistance such as accumulating volume, anyway i can buy the stock back if it manages to break the resistance , in the reference chart also we can see two major trend reversals because of the resistance.