Over the last 12 months, I scanned total of 600 charts daily, studied leaders of past bull run and how they behaved.
I came up with 35 principles that might help you shape your trading forever : @chartians
I came up with 35 principles that might help you shape your trading forever : @chartians
Firstly before reading the thread, i know markets have been tough to everyone and you might be doubting you ability to trade.
Keep your chips ready for some more time, markets will improve and there will be green days ahead !
Keep your chips ready for some more time, markets will improve and there will be green days ahead !
1/
The amount of time you spend in the market trading/investing will always give you more insights than reading 100s of books
2/
If you treat markets as a sole income generator, your chances of underperformance due to compulsion of income generation will always be higher !
The amount of time you spend in the market trading/investing will always give you more insights than reading 100s of books
2/
If you treat markets as a sole income generator, your chances of underperformance due to compulsion of income generation will always be higher !
3/
4-5% a month is always better than chasing unlimited downside risk strategies that promise you 40-50%
4/
Your chances of making money in a stock sitting near 52wk high will always be more than a stock sitting at 52wk low
4-5% a month is always better than chasing unlimited downside risk strategies that promise you 40-50%
4/
Your chances of making money in a stock sitting near 52wk high will always be more than a stock sitting at 52wk low
5/
It is not about the % move in a stock but about the size of portfolio with same risk
6/
Trades can be copied, risk management cant !
It is not about the % move in a stock but about the size of portfolio with same risk
6/
Trades can be copied, risk management cant !
7/
The more you fear about losing money the more likely you are to lose it
8/
As a trader your responsibility is to manage risk. The reward part is with the market.
9/
A trade that you fear to jump in is more likely to be a rewarding one going ahead.
The more you fear about losing money the more likely you are to lose it
8/
As a trader your responsibility is to manage risk. The reward part is with the market.
9/
A trade that you fear to jump in is more likely to be a rewarding one going ahead.
10/
Always take a trade with a fresh mentality to manage your risk and not to recover your losses.
11/
The holy grail in momentum is 200DMA
12/
One wrongly managed trade can take away your gains of past well managed trades
Always take a trade with a fresh mentality to manage your risk and not to recover your losses.
11/
The holy grail in momentum is 200DMA
12/
One wrongly managed trade can take away your gains of past well managed trades
13/
4% a month for the next 18 months doubles your money !
14/
The more you are with the trend the more likely you will be rewarded
15/
Only a liar and god can help you catch tops and bottoms, if you managed to catch one you could be lucky
4% a month for the next 18 months doubles your money !
14/
The more you are with the trend the more likely you will be rewarded
15/
Only a liar and god can help you catch tops and bottoms, if you managed to catch one you could be lucky
16/
Every good trader is always a bad trader who learned to manage risk over the time
17/
If you think you are the greatest trader, you are less likely to be a not. Market is the greatest trader who trades experience with money and money with time
Every good trader is always a bad trader who learned to manage risk over the time
17/
If you think you are the greatest trader, you are less likely to be a not. Market is the greatest trader who trades experience with money and money with time
18/
A successful trader should neither be sad nor be happy on a winning or a losing trade
19/
As a trader regular homework to scan stocks can take you places than any software can ever
20/
Far more money is lost in anticipation than in actual trading
A successful trader should neither be sad nor be happy on a winning or a losing trade
19/
As a trader regular homework to scan stocks can take you places than any software can ever
20/
Far more money is lost in anticipation than in actual trading
21/
Your chances to make money from #tataelxsi at 10,000 will be always more than #yesbank at 15
22/
Don’t try to find the next multi bagger, try to find the next mover where your bag is heavy !
Your chances to make money from #tataelxsi at 10,000 will be always more than #yesbank at 15
22/
Don’t try to find the next multi bagger, try to find the next mover where your bag is heavy !
23/
200ma is also called as the mother of all averages
24/
Chase momentum not sentiment
25/
No software can give the results of stock scanning manually
26/
The most difficult part of a trade is to wait
200ma is also called as the mother of all averages
24/
Chase momentum not sentiment
25/
No software can give the results of stock scanning manually
26/
The most difficult part of a trade is to wait
27/
As a trader the most under rated thing is exit in a trade rather than entry
28/
Following one system 100 times will give you more money than following 100 systems 1 time
29/
Don’t try to catch every move, rather try to catch a move that everyone didn’t !
As a trader the most under rated thing is exit in a trade rather than entry
28/
Following one system 100 times will give you more money than following 100 systems 1 time
29/
Don’t try to catch every move, rather try to catch a move that everyone didn’t !
30/
You your self are the only multi bagger!
31/
An Excellent trader has average win rate, its all about risk reward.
32/
The first fake breakout is sometimes the last fake breakout.
33/
The first breakout is never the last breakout.
You your self are the only multi bagger!
31/
An Excellent trader has average win rate, its all about risk reward.
32/
The first fake breakout is sometimes the last fake breakout.
33/
The first breakout is never the last breakout.
34/
Retail opens the market, biggies close it :)
35/
The best Indicator is your trade book, it has all the answers to your questions. It tells you when to press the pedal, and when to slow down.
Retail opens the market, biggies close it :)
35/
The best Indicator is your trade book, it has all the answers to your questions. It tells you when to press the pedal, and when to slow down.
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Our Instagram is loaded with 30 seconds reels everyday : instagram.com/tradingcoachch…
Our Instagram is loaded with 30 seconds reels everyday : instagram.com/tradingcoachch…
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