A risk manager 📉📈 Mentors- Mark Minervini, David Ryan, Mark Ritchie II.Views are personal, NOT recommendations, for learning purpose only.Not SEBI registered.
Interesting market environment right now.Plenty of pivot failures, yet plenty of breakouts. Follow-through is showing up, but so are squats & failed moves. Market breadth isn't expanding meaningfully, nor is it deteriorating. Letting market reveal its hand first!
#trading
SL hit in #KTKBANK too. A lot of pivot failures observed, so adjusting my position sizing now and a bit cautious too. Let's see the how the mkt unfolds from here.
One of the most important things you can do as a stock trader is to be patient with yourself and allow yourself time to grow. Not all flowers bloom at the same time, and not every journey unfolds on the same schedule. It may take you longer than someone else to develop the skills, discipline, and understanding needed to succeed, but that doesn't mean you're any less capable.
Avoid measuring your progress against others. Everyone learns at a different pace and reaches important milestones at different points in life. Trading is a personal journey, and your timeline is your own.
I know this firsthand because I was a very slow starter. It took me six years before I even became profitable. There were many times when I could have concluded that I simply didn't have what it takes. But persistence, patience, and a commitment to continual improvement made all the difference. Most of all, I knew that those who succeeded were just men like me, and if they did it, then so could I.
So give yourself space and grace. Give yourself time. Stay committed to the process and focus on getting a little better each day.
Above all, be patient with yourself—the big rewards come to those who refuse to quit before their time arrives. If I could do it, so can you.
https://t.co/JXzFFTmMtn
Sold #Nykaa at Break Even just above the cost as Earnings was due today. Didn't have any cushion to hold into earnings, hence sold.
Also trailing SL hit in #AjantaPharma just above cost. A breakeven trade for us.
#StockMarketIndia#RiskManagement#trading
Just scanned. A lot of pivot breakdowns, especially on Earnings. Also, the number of stocks in the watchlist are lowest since the past few weeks. Let's wait for the conditions to improve and buy only the best of the best!
#RiskManagement#StockMarketIndia#trading
@family_guy9 Anything can happen buddy. But one thing is for sure: Not Worth the risk! Agar trade me profit cushion nahi ho, to aise events avoid karne chahiye 🙂
#Delhivery went into earnings report yesterday. Had to close the position at marginal gains. Always think Risk first. Protect the down side and market will take care of your upside!
#RiskManagement#trading#stockmarkettrader
A lot of breakouts today but not in our portfolio 😄. Market participation increasing to fresh highs. Bought #DELHIVERY today as it was coming out of a nice base. Recent lack of traction in portfolio made us to buy only a quarter position.
#trading#stockmarketindia#momentum
@Hirengabani23 Yes Hiren Bhai, same observation here. Breakouts fail hue hain in these 2 cases as seen recently -
1. On Earnings, &
2. Premature Breakouts
Rest are still holding/following through well. 👍