Deepak Dhillan Profile picture
Sep 27, 2020 13 tweets 3 min read Read on X
Follow as much handles as you can.
Take free & paid webinar every weekend.
Do workshop of big names.
Spend hundreds of hrs watching YouTube.
Read books or do anything which you think can help you in markets.
Learning more & more indicators.
Result: Still loss

Why? Why? Why?
You are doing everything or ready to do everything but you are forgetting one things :- You hv to go through a process which requires intense efforts, sleepless nights with continuous staring same charts again & again, a lot of emotional baggage, no outcome till yet.
The point I wanna make clear is that there is no harm in taking training but conviction to pull triggers & remain in trade till exit signal comes would come from your practice only.
I m saying No one means no one is sure of next trade outcome but still trading the high probability set up gives you an edge to remain in business long.
All are like you only.
Everyone is seeing same charts.
Only advice I can give you is :-
1. Remove all indicators & see price charts for one month all NIFTY 50
2. Keep Ming clutter free, No TV recommendations or Telegram group or YT.
3. Do take loss more than yesterday profit.
If you follow these simple things, you would b different person after 6 months only for sure.
Till the time you didn’t invest 10000 hrs in charts, don’t expect any returns, be happy for not loosing capital. That’s it.
There 5 phases of transition:-
Phase 1:- Big loss & big profits.
2nd:- small loss, small profits that’s breakeven.
3rd :- comparatively big profits & still small loss.
4th :- Place trade as per Quality of set up ( Money management) resulting inUlta big MTM & still small loss.
Last 5th stage is where everything is deeply engraved in unconscious mind. You have transitioned to ROBOT from human.
There is no happiness when you make..no sorrow even you loose.That’s perfect.
You are done for your whole life.Just enjoy along with family& spend time with them.
A request-once you hv reaches pinnacle of life, help financially needy neighbours, feed stray Dogs or cows.
Share Happiness on festivals with your Kaam wali Bai or Watchman of your society. Plan a visit to orphanage with children & spend a day thr.
I strongly believe in KARMA.
Typo error:- Keep Mind gree of clutter/ noise.
Don’t take loss more than yesterday profit.
There is no harm in learning but Don’t forget to check the authenticity of one. That can be done via Pnl statement & average ROI one making over monthly & yearly basis.
If you don’t check, there are more chances...
I don’t know why I m writing this ,Whether I m jealous or
Create awareness.
My philosophy is simple, whatever you do eat, wear, learn , drive or everything should b best in class like Best Hotel, Zara, woodland, LSR ( Delhi University), Creta. Then why ppl opt for cheap things.
If want to learn then why not from @Mitesh_Engr @PRSundar64
Disclaimer:- I haven’t done any courses of any kind from anyone.
Think about it. Never compromise on Quality.
Otherwise it may also happen that u are gaining wrong knowledge even after paying.

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More from @Deepakdhillan

May 2, 2021
Never thought it could be so easy.
Just get set all rules fixed on chartink website, it ll filter stocks in no time at any timeframe. Very easy to use.
Now onwards no need to go through thousands of charts on weekends just to find which all stocks fit in our criteria.
Do use it.
1800-> 2000 coming above 1105 Image
Image
Read 4 tweets
Jan 24, 2021
Let’s learn the divergence.

Whenever I teach, my moto is to make u master in that. U should get something new to learn even though when u already know that thing.

Divergence:- When price is not synchronised with the oscillator then the divergens occurs means
2/n
Means price is making higher high but oscillator doesn’t
or
price making lower low but oscillator doesn’t
means there is divergence as price is not synchronised with the oscillator.
Basically there are two kinds of divergence
-> Regular or classic.
-> Hidden divergence
3/n
A bullish divergence occurs when prices fall to a new low while an oscillator fails to reach a new low. This situation demonstrates that bears are losing power, and that bulls are ready to control the market again—often a bullish divergence marks the end of a downtrend.
Read 20 tweets
Sep 18, 2020
A market conversation at around morning 11.15 @Pradeep62799879 ..Message reads as I was highly confident about fall. That’s why yesterday itself squared off all bees.
Later on levels also revised, but TA motive full filled. ImageImage
Charts never lie.
God be kind to them who keep looking for reasons for every move in market.
Read 4 tweets
Aug 19, 2020
Let me cover what I personally do when I encountered with SL hit.
-> When my stops are hit and I take a loss, I stand back and review the market action for two possibilities:
1. My analysis was wrong .In that case,I try to see if I can reverse my position in the same trade because a failed breakout in one direction leads to a strong move in the other.
2. I try to see if we are in a choppy phase of market if that is the case ,I just fold my hands and sit back because my experience suggests that only market trends give traders money; and choppy markets take all of it, and more, back.
Read 5 tweets
Aug 10, 2020
Buy /Long with last 5 minute candle low as SL.
Bn Spot 21965 Sl 21900 Target 22300
Sorry Target 22200 typo error
Bought more in last candle fall.
Sl shifted to 21950 now....
Just few 20+ points away.
I m sure...ye b hit na hoga
Read 9 tweets
Aug 7, 2020
Everyone talks about market Psychology.
What actually mean it?
Does big boys consistent traders do really hv a different psychology?
If Yes, then How?
As you may have also experienced that initial luck favours almost to all as mostly make money in initially 1st or 2nd trade of life.
Why it is so.
It has got a deep meaning imbibed.
That is :-
->Carefree trading I mean trading without any fear.
->Once one get hit hard, he starts risk aversion, in turn piling more & more losses and finally stop altogether.
->Always think it a game of large numbers . Out of hundreds you gonna loose 20-30 for sure, so don’t curse yourself ( Self sabotaged) instead follow the process only.
Read 16 tweets

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