According to SEBI report, only 11% of the traders in India are profitable.
Most people don’t understand the difference between why some are successful and some not.
Here are 10 reasons why they are profitable but you are not:
1. People trade without any CORRECT knowledge. They believe that knowing indicators and some garbage chart patterns will make them profitable because their favourite finfluencer said so. Brothers indicators and chart patterns will never make you profitable. Understand the unspoken truth and learn a correct trading strategy.
2. The most important trading strategy of many loss making traders is ‘Hope’. They hold their loss making positions in hope it will reverse and it falls even more. They hold their profit making positions in hope of more profit and it gives them loss. This is the time you learn a good trading strategy which actually works in market and don’t use ‘Hope’.
3. Do not believe anyone who says you to watch indicators/chart patterns/india vix/option chain. Those are just added complexities to distract you from the truth and waste your time. Do you think hedge funds with billions of dollars will wait for price to touch moving average before they take a trade? Lol 😂
4. There is no shortcut in trading. There is no point of gambling in trading. Do hard work and learn the truth. Either by yourself or from someone else. It doesn’t matter. BUT LEARN THE TRUTH.
5. Every single problem which comes into your life is only because of you. Take full accountability of your mistakes and take full responsibility of your losses.
6. Traders are having very unrealistic expectations. It’s fine until they have a small capital but they usually keep the same on large capital as well which is the sole reason for their capital wipeout. Our parents were happy with 8-9% of returns in fixed deposit but you are expecting for 10,000% returns in a year on your ₹1L capital. Are you an idiot?
7. Many retails get into the sweet talks of finfluencers and youtubers and trade according to what they say. This is a very big mistake because your favourite youtuber himself doesn’t understand the truth so clearly. I spend 3 years in isolation watching charts for 15-16 hrs a day. Every single day ! And that is how I gained the knowledge and experience which made me successful. These youtubers only know garbage indicators and useless chart patterns.
8. No person will ever help you if you don’t help yourself and take the right step.
9. No strategy ever works 100%. No strategy can give you profits every single day. Understand this !
10. You all are filled with half knowledge about trading.
And when I tell you that you have a chance to understand the truth.
You guys don’t listen because you think you’re smart.
If you’re so smart, why aren’t you profitable?
Drop your ego and I’ll make you a better trader than you are today.
Look at my concept of how I trade (FREE): https://t.co/URmXzLcst4
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