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The Chartians

5 Sep, 22 tweets, 10 min read

Journey of most typical trader.

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Begining..
🎯 Swiping TV channels and anchor shouting that investors gained lakhs of crores in a day.
🎯 A friend flaunting that he has earned 5-10K today.
This 5-10K is the monthly salary of many.
🎯Inspiration from Profit screen shot of twitter traders.

After encountering with one among above case, you opened demat account and put 10K as initial capital.
First day of trade, you took very less quantity, say 10 quantity of a share. It came down but you held. at end of the day it went up above the buy price and you booked profit.

Mind Voice : Phew, Its so easy to make money here. Why people struggling with salaried job!!!
Second day, again you took small quantity of share and made money.
Mind Voice : Finally I found the money minting secret. Per day I wil earn say 3K , Oh I will live a lavish life now.

You show the profit to your friends and family. Family and relatives warn that stock market is gamble, whoever is trading there, loose money. Don't do it. Put money in savings bank.
Mind Voice : I'm already making money, why should I listen to you?

Third day of trading, you take little more quantity of shares and book lose for the day equating almost the profit eaned on two days.
Mind Voice : I have made money for two days, I can recover this lose tomorrow.

4th day, Mind voice says, lets take little more quantity as I have lost two day's profit yesterday and as per calculation,4th day total profit should be 3K*4=12K.
Takes more quantity and recovers all 4 day's calculated profit. 12K per day. This is awesome!

5th day, Mind Voice: Lets take same quantity as ysteraday, Can make good money. Takes maximum quantity posible and books gud loss for the day.
Mind Voice : Oops, what just happened! My capital got reduced, how can I recover this loss? Lets add few more Ks to capital from savings.

Adds money from Savings and contineus trading, By end of month again capital got reduced by some amount.
Mind voice : No worries, lets add some more from savings and continue. One day is enough for me to recover my loss.
The story continues, Keeps on adding money from savings and

keeps on booking loss. 4 days profit vanishes in one red day and trader is not able to accept the loss. Trie sto recover the money by any possible way from market.
Middle part of the story starts here..
Goes to twitter, Follows some twitter traders posting huge MTM and

having huge followers. But EOD, you benefit nothing but some trolls and iiresponsible comments by the celebrity.
You start to follow multiple celebrities and join the courses they offer. Few adds to your knowledge , few just excites you with unnecesery indicators,

few make you think that this is the holy grail to make money.
You try with various methods and strategies taught in course and get confused of what to follow and what to not. As soon you enter a trade based on one strategy,

mind voice says exit here now as this is the exit signal as per other strategy you learnt.
You panic and exit. Booked loss.

This cycle is never ending. Once you are into loss cycle, you keep on making silly mistakes rather than trying to undersrtand why you are making loss.

95% People keep on jumping strategy to strategy, mentor to mentor. Booking loss over loss.

End of the story.
Case 1:In this process of jumping mentors, U encounter wth a real teacher who is genuinely willing to lift the leaner up. Hand holds and corects your mistke like mother.

You start to understandd in later stage that One day mentorship, seminar, webinars don't work in reality but the learning is a process over long period of time.
Case 2 : You curse stock market that it took your life's earning as well as social life, and decide that you will never

come back again to stock market ever!

Moral of the story :
1. Stock market is not an easy money miniting machine.
2. You will have to go through various mental and social pressure before becoming profitable

3. Finding a working strategy which will earn money for you required concious effort from your side.
4. One day webinar mentors will never make you an independent traders. You fall prey for their tools, indicators paying enourmous per day fee.
5. Finding real mentor is a huge

task, in order to find him/her, you have to go through various fake mentors, evaluate them if they are guiding you. In this process you end up paying money, but try again and again.
6. Descipline and mindfull effort is what makes you successfull at EOD. Real mentor will

teach you to be desciplined which is the whole crux of stock market.
We congratulate successfull traders, wish all the best to struggling traders, and salute to real mentors who are lifting the society on this occasion of TEACHER'S day.
Happy teacher's day to each and everyone.