UPDATE AND FOLLOW-UP:
I sincerely thank @tradingview for revising the limits to something more workable for traders who can only afford the entry-level plans.
However, there is still a strong need for TradingView to restore the Premium plan limit to 1000 symbols. This is the highest tier plan that a common retail trader can realistically afford, and they should not be restricted simply for maintaining a larger watchlist while already paying for the best available option in their category.
As I mentioned in my earlier note, this limitation directly affects the usability of the scanner, especially powerful features like scanning on watchlists and watchlist-based alerts.
I have always been a strong admirer of your platform, along with your highly responsive and customer-friendly support. I genuinely believe you will address this as well and not limit your users over something as basic as the number of symbols they can add to a watchlist.
I request everyone to please support this cause. Our unity is our strength, and it will show how many traders are genuinely affected by this change.
IMPORTANCE OF REVIEWING PNL DATA (& MY CHALLENGE TO YOU)
Whenever I work with a trader, I request they send me their top 25 and bottom 25 trades of the last year.
It still astounds me how much I can learn from that simple exercise, especially having now probably done this for about 100+ traders over the last decade.
Things I assess:
1) Are they trading the right tickers? Are they trading in-play stocks? Do we have a stock selection issue? Are they obsessing over a few tickers or trading the best stuff each month?
2) How is their risk management? Do they have any outlier losses? What percent of the year do they lose on the bad days? Sometimes the lowest hanging fruit is simply helping them safeguard against those couple outlier bad days.
3) Are they sizing appropriately for their goals? I can immediately tell what level trader you are based on your top gain / loss compared to your 25th gain / loss. Both are important.
One key metric - has your 25th gain / loss grown significantly versus the prior year? If not, why not?
What is the ratio of their 25th gainer vs 25th loser? If it’s 2:1 or 3:1 or higher, they need to start sizing up their normal trading much more!!
4) Additionally, is the trader connecting on what I view to be the top opps of the year? Does their list overlap w my list of top opps? If not, how can I guide them into some of those better opps?
This is all from the data. I don’t need to ask a single other question and I can probably diagnose 80% of their situation and what the next unlock will be to get them to the next level.
So here is my challenge to you:
-Do this exercise on your own or with a pod. Doing it with a pod allows you to learn from other datasets like I’ve been able to do for a decade.
-Get ChatGPT to analyze alongside you as well.
-What conclusions can you reach? If you were your own trading coach, what would your prescription be?
If you’ve never done this exercise before, it might surprise you how obvious some of the answers are.
26 years since we began the Legendary journey of Naruto Uzumaki
The Manga started September 21, 1999 and ended in 2014 after 700 Chapters and 72 Volumes!
Happy Teachers Day @swing_ka_sultan Sir.
Your Knowledge have Truly Inspired me To Become Better as a Person , Approaching Trading & Life with Impactful Decisions , Wishing you all the Success.
The purest reason to make something is not to make money and not even to make the thing.
It’s to have the experience of making the thing - and no one can take that from you.
Today, on Shree Ganesh Chaturthi, Cohort 1 officially launches at #TradeTM. 🌸✨
We couldn't be prouder of the remarkable group of students joining this cohort. They bring so many different perspectives and backgrounds to the table, all inspired and genuinely committed to mastering the craft. This mix of talent and dedication confirms that this isn't just a course but the beginning of a tribe where people learn, share, and elevate each other.
Over the past two weeks, we've conducted 1-1 sessions with each cohort member to understand their unique strengths, challenges, and trading goals. These personalized meetings have already set each trader on their path toward true mastery.
Day 1 is here.
With Ganesha's blessings guiding our start, we're embarking on a journey filled with curiosity, focus, and boundless possibilities.
Module 1: Market Structure – A Fresh Perspective
Kicks off this Saturday. 🚀
@hsek_ihsir I Look at Liquidity of 1Min Time Frame , If i can get my Fill within 5 Min Volume , It Passes my Liquidity criteria & it is 13000cr Mcap company, Pretty Liquid.