Day traders listen to me:
Higher timeframe gives the direction.
Lower timeframe gives the entry.
My simple rule:
4H bullish ✅
1H bullish ✅
15M bullish pullback ✅
Then I look for entry
after reaction from support.
Don’t chase candles.
Wait for alignment.
Wait for pullback.
Wait for confirmation.
This one filter can save you thousands.
A very genuine thought that I wanted to share to all budding traders starting off from my 6 year experience
Don't get fooled by social media and set huge 100%+ expectations every year in trading or just looking at USIC Winners performance, they have worked for so many years and get a few such big years.
It's a DEATH TRAP you are putting yourself in.
Trading is brutally hard, draining and mentally upsetting at times. I have done really well over the past 6 years growing a small account to Mid 8 digit account & I owe a lot of my success to the bull markets alongside tight risk management with losers.
Not a single year i remember having kept some benchmark to beat or some really big target to achieve and whenever i do something, i usually fail & get back to basics of slowing down the race.
Never try to prove anyone, you will have a string of losses even in a bull market and thats a part of the game, you will miss most of the winners and that is also a part of the game.
As a big brother the simple advice is - Learn to forgive yourself & not take a losing trade personally to heart, i still feel extremely disturbed on a string of losses and the only way is to slow down. Even oif the market rips of 100%+, genuinely doesnt matter. Wait for your pitch and play the game properly.
Another point to address is to grow a small account, you need to take aggressively high position sizes with tight 1% stoploss, this will be the exact reason for death by thousand cuts
In my journey, there were many ups and downs and all of them had more weight and pressure on me as i was public in X and the need to be right increases automatically, but try to never prove anyone and just follow the process brutally honestly.
The game is hard, firstly try to just achieve whatever you can, even after 5-6 years you might reach a point where you feel like there is no progress and the market is moving, you just have to be patient.
If someone wants to play techno funda - then here are the stocks from the following sectors which came out woth strong result in Q3 and the price is also near the 52 week high.
Its a clear sign the market likes their results and pushing them higher.
#StockMarketIndia
Mazagon down 7.5% gap down
This is why i always sell before results and buy back if it acts well !
A lesson thats worth a lot of crores! Learn this fast if you are a swing trader
Cash flow to sales ratio is an important tool to reveal the ability of a business to generate cash flow in proportion to its sales volume.
Suppose a company has 1000 cr sales and it’s CFO 60 cr
then calculate =60/1000*100
So cash flow to sales is 6%
Check each year it’s trend.
Many fraud companies can be detected early if we follow this trend.
#StockMarket
Many people ask how to make 1 cr from 1 lakh or how to make 10 cr from 10 lakh.
———————————————
First of all Your expectation should not be like a burden,
If you want to make 10 cr from 1 lakh then it’s not going to be in 1 or 2 year.
-your First target should be 10 lakh from 1 lac
-if you achieve then next target should be 1 cr from 10 lac
-If you achieve then think of 10 cr
-In bull market you can achieve faster but in bear market you will lose significantly, in such situations try to save your profit earned from market, Don’t be panic ever.
-Bear market do last 2 years maximum while bull market can be 2-3 years.
-Try to stick with a trading system and follow this. Don’t make hurry seeing someone posting big profit screenshot.
And most importantly believe on yourself positively.
-Select stocks which are outperforming quarterly results each quarter,
Most importantly look for OPM for YoY and QoQ.
-Buy Such stocks whenever dip comes up
At least select 20 stocks on watch with this criteria.
Once you start tracking them , automatically you understand their levels.
-Now next job is to trade in these stocks for next 3 months keeping monthly target to achieve 10%.
This is what you have to do
#trading
#TradingInsight
#StockMarket
If you're a struggling trader, I can't preach enough about the importance of staying in the game.
Behavioral changes don't happen overnight; they happen incrementally over a period of time.
So, stay active in the market, trade small, and you'll slowly build expertise.
Catalyst results in massive moves.
The number of charts that are strong must be 80. If I ignore large-caps, the no will come down to 50. Then if I look at what the sector is doing - 30
Furthermore, I am looking for if there is any catalyst to find the best possible names. Otherwise, I will end up overtrading any random name.
I want to know which name I can use to free-roll my position after selling some into the strength.
The TA is the first net thrown to catch the fish. It is FA that picks the best ones from those.