Are you struggling to get success in life/trading?

Read this!

6 Simple Rules for Life and Trading

>>> Thread 🧵<<<

(1/8) Image
#1 You have 3 currencies in Life:

1. Your TIME
2. Your MONEY
3. Your KNOWLEDGE

Whichever you want/need, use the other two get it!

(2/8)
#2 Why you are Not Rich?

1. You are not investing money in yourself
2. You think your job will make you rich
3. You think you know everything
4. You are wasting money on bad habits
5. You have no passive income streams

(3/8)
#3 You have only Two Choices in Life:

1. Make Progress or
2. Make Excuses

To get progress you can’t use any excuse, and if you use excuse, you don’t get progress!

(4/8)
#4 Success Demands 5 Things in Life:

1. Hard work
2. Passion
3. Faith
4. Patience
5. Sacrifice

(5/8)
#5 Habits of Successful People:

1. They’re not keen to walk alone
2. They’re empathetic
3. They work on short team goals to achieve long term vision
4. They give priority to health (both physical & mental)
5. They have open mind

(6/8)
#6 Five Simple Rules to Make Money in Trading:

1. Don't risk more than 2-3% of your capital in one trade
2. Don’t lose more than 10% of your capital on any trading day
3. Use one trading system (or scrip)
4. Don’t compare your results with others
5. Avoid revenge trading

(7/8)
Loved the rules?

Please like and retweet them!

(8/8)

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More from @indraziths

24 Dec
Are you facing difficulty to understand MARKET PROFILE?

Read this!

12 Simple Concepts of Market Profile

>>> Thread 🧵<<<

(1/N) Image
Market Profile is a technical concept with a unique charting technique developed by Peter Steidlmayer in 1985.

Market profile is a style of plotting "Price" on the Y-axis and "Time" on the X-axis, which most of the time form a bell-shaped image as the body of the profile

(2/N) Image
Market Profile helps day traders identify Other Timeframe Participants (Big players) who have money and information power.

Our job as short-term traders is to follow these big sharks which give direction to markets.

(3/N) Image
Read 14 tweets
11 Dec
Some tools are helpful in intraday trading. But many tools are expensive!

But this world has many beautiful souls, & they offer their products (at least most of the features) for FREE!

Below are 6 freely available tools that help day traders!

Like & Retweet!

(1/N)
Tool #1 - Tradingview

Day traders have to access live future charts of indices/stocks to identify their setups.

Tradingview is the leading charting provider at the moment, and it provides clean, elegant FUTURE charts for the Indian markets, even for free users.

(2/N)
Tool #2 - Gocharting

It is the first group in the world to build ‘web-based' Market Profile (TPO) charts.

They offer an EOD market profile for all FREE users.

To know more about Market Profile, read this
profiletraders.in/post/what-is-m…

(3/N)
Read 8 tweets
4 Dec
Are you scratching your head to understand options trading?

Read this

10 Best Articles on options trading & options strategies!
#1

Most traders often jump into trading options with little understanding of the options strategies that are available to them.

Learn 10 popular options strategies in the market.

investopedia.com/trading/option…
#2

“Why winning is addictive”

Some people avoid buying a lottery because they know the odds of winning the jackpot is really low.

However, if you do win the ticket, you will be most likely tempted to buy a lottery ticket regularly thereafter!

zerodha.com/varsity/module…
Read 12 tweets
25 Nov
Are you struggling to make money in Intraday Trading?

Read this

12 Rules To Trade Like A Pro

>>> Thread 🧵<<<

(1/N)
Rule #1

"Don't lose more than 10% of your capital on any trading day."

Because surviving is key in intraday trading.

(2/N)
Rule #2

"Don't risk more than 2-3% of your capital in one trade."

Even a 50% accuracy system can get 9-10 successive failed trades (statistically). So if you risk more, you will lose entire/more capital during such a scenario.

(3/N)
Read 13 tweets

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