I also entered in the trading in Yr 2017 by seeing MTM screenshot on social media.
Falled in trap with some paid advisors - lost 75 % of of my capital in 2 years.
After that started learning, attended many webinars - 90% were useless - lost money there also. 1/1
After that started self learning, worked hard on TA. Learned many indicators.
Tried many indicators but still trading was not getting better.
I was making some profit and again loosing it on bad trades.
2/2
Started working on price action and Risk management and Options strategies. I didn't made any loss from Dec - 2018.
Learning - There is no replacement to Self learning and Hard work.
Don't fall in trap with Paid advisors and seminars and webinars.
Find you edge and Trade.
3/3
Always trade Risk defined strategies.
Before entering you should know exit plan. When to exit is most important
Don't fight with market trend,Exit if went wrong.
Don't loose more than 1% - 2% on every trade, and 2% of capital max on month basis.
4/4
Protecting our capital is more important than Profit.
Thought to share with you, may be someone will benefit.
After this may be many will troll. Trollers are welcome 🙏.
Thank you
Good luck
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When I entered in trading in Yr 2017,
I searched for paid advisory services - I called many, there charges were like
1. Rs 10000 Per Call. Reason behind this was advisor him self paying huge to operator or so called expert to get this call. 2. Other option Rs 25000/ month
1/1
3. One option was 30% Profit sharing, No loss sharing. One day I joined one what's group, admin gave call to buy Tata global CE and PNB bank CE.
I made 60 K profit on Tata global and I lost 35 K on PNB, he started demanding 30% on 60 K. Where as 35 K loss was totally mine.
2/2.
4. This option is very lucrative, they will only charge Rs 1999 per month.
Most of the traders fall in this trap as they think this fees is very less.