Quiet Conviction_Trading Journal

Daily trading journal. Slow is fast. Process over prediction. Positional/Swing, Stage Analysis.
Not investment advice — conviction is earned, not assumed.

[Quiet Conviction_Trading Journal @QC_Tradin]

@iamankitpande EVs usage for now should be restricted within radius 100-200 kms of your house..

Also EVs require lifestyle changes.. anyone buying it should first know that and then decide if it fits within their current lifestyle..

[Quiet Conviction_Trading Journal @QC_Tradin]

2 Charts to keep under radar
1) US 10 yr bond
2) UKOIL

A Lot of market behaviour can be understood from this.

Third is your Portfolio. If it starts showing signs of improvement. You will know a short term reversal is around the corner or vice versa.

[Quiet Conviction_Trading Journal @QC_Tradin]

Gap is now filled

[Quiet Conviction_Trading Journal @QC_Tradin]

Looks like this gap may get filled

[Quiet Conviction_Trading Journal @QC_Tradin]

@AnkurPatel59 My reasons are
1) Price is below MAs
2) MAs are sloping downwards
3) Volumes are not great
4) Although it is not in the chart. But looking at structure in general RS will be flat or sloping downwards

[Quiet Conviction_Trading Journal @QC_Tradin]

Looks like this gap may get filled

[Quiet Conviction_Trading Journal @QC_Tradin]

Nothing much happening in the market. Just a dull phase of Stage 3.

1) Extended stocks are retracing.
2) New breakouts aren't getting follow-through.
3) Weaker pockets continue to underperform.

Market direction — a lot of it will be decided by breadth and the UKOil chart.

Market can head into Stage 2 or Stage 4. Not predicting anything. Cut losses quickly.

[Quiet Conviction_Trading Journal @QC_Tradin]

@RichardMoglen Tom Basso, David Ryan, Stan Weinstein, Jim Roppel and Mark Minervini
Cannot get enough from them.. Every single conversation with these greats are life lessons..

[Quiet Conviction_Trading Journal @QC_Tradin]

@volklub @HondaCarIndia Ideally this car should cost between 20-25 Lacs..
So much duties and protectionism to buy lesser technically competent Tata & Mahindra

[Quiet Conviction_Trading Journal @QC_Tradin]

In current market conditions, things to remember:

1) Cash is also a position.
2) If you must venture into stocks, go with reduced position size.
3) Stick only to Strong RS stocks.
4) Cut losses quickly.
5) Have an exit plan before you enter, not after.
6) Most important — journal your trade.

Discipline over conviction right now. But I can be wrong.

[Quiet Conviction_Trading Journal @QC_Tradin]

Gap between 98 and 101 on UKOIL.

If price heads to fill this gap, we may see further deterioration in market breadth.

Breadth indicators already aren't great.

No need to be a cowboy in this market. Cut losses quickly.

[Quiet Conviction_Trading Journal @QC_Tradin]

Addition to Watchlist

Not a Buy/Sell advice

[Quiet Conviction_Trading Journal @QC_Tradin]

Position size decides how much a trade can hurt you. Not the stock. Not the setup.

Formula stays simple — Risk per trade ÷ (Entry − Stop).

Best setup with wrong size still wrecks your account. Get this right before anything else.

[Quiet Conviction_Trading Journal @QC_Tradin]

Same setup, same rules — different outcome depending on what's going on around you.

Tired. Distracted. Overconfident after a win streak. All of it changes how you execute.

Know your state before you take the trade. The chart isn't the only variable.

[Ankur Patel @AnkurPatel59]

✍️

#Trading

[Quiet Conviction_Trading Journal @QC_Tradin]

Curiosity breeds investment ideas.
Your next idea might be sitting right around you. Take a chance and look.
Following up on the China AI summit today. Reading as much as I can online.
Happy Sunday.

[Quiet Conviction_Trading Journal @QC_Tradin]

@JayneshKasliwal Taxes & fees are external factors. Win-rate itself is a factor that requires skill development.
You can't control the first. You can only get better at the second.

[Quiet Conviction_Trading Journal @QC_Tradin]

Weekend Homework

Scan charts of all listed stocks on NSE.
Bookmark Stage 2 stocks with rising RS.
Build your watchlist from that bookmark list.

That's it. No shortcuts here.

[Quiet Conviction_Trading Journal @QC_Tradin]

@NsNitinsinha 100% true.. I learnt this lesson hard way. Which is why I will never fall for gimmicks again.

[ST_PYI @ST_PYI]

Investing & long term Trading is perhaps the only profession where you get sharper with age.

Experience, years of loss making cycles, moments of brilliance in between come together to make you wiser over time.

It’s one of the most beautiful things you’ll experience in your life.

[Quiet Conviction_Trading Journal @QC_Tradin]

Banks & Pvt Banks the saviour of the day. This index alone has the ability to flip market sentiment.

Else, SMID and leading sectors saw fair bit of selling today.

Need Follow Through on Monday. Let's see.