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Greatest of traders in the world have barely 50% or generally less win rate. If you have more than that or you see somewhere more than 50% win rate then know that it is special and that win rate is dream. Next is to fix the risk reward and not take profits too early. Letting …
Market is never wrong. What you know today has been known to market a long time ago. What you think is either redundant or wrong. Only if your view is aligned with market you can be right. Always focus on market and what it is doing instead of what market should be doing. Recipe of …
Observe the market. Identify the pattern. Refine the set up for entry & exit. Work on trade management – when to add more and when to take profits. That’s what we will have to do in the market always. Most people give up in 6 months of volatile market. That’s not the attitude to make …
If you do not understand the market pulse then even if you are using the proper set up with perfect entries chances of making money dwindle big time. Market pulse is key in deciding what is the optimum set up to make money minimizing the risk. When your set up works or what set up …
The first 10% and last 15% are the most dangerous gains to make. In hindsight they will look easier but if you have anything to do with market you would attest to this fact. Crores of rupees by Pros with decades worth of experience have been lost in trying to squeeze that move at the …
The market can give you a lot of money only to take it all back bit by bit and some more if you are not careful. Idea is to learn to save some of it that you earned earlier from market. What is the point of being in the market if you end up giving …
Quality of consolidation is what makes a set up juicy. You can get lucky while buying a ripping stock out of nowhere but more often than not buying such stocks will rip your portfolio and execution skills apart. You do not want to get caught chasing when market is in no mood to tolerate any …
The big volume print with price spike after a consolidation is where you must shift your focus. Do not fret about missing the move because of such spike. Most often this is just the beginning of larger move. This is first visible evidence of big money swooping in to take down the supply and send …
If you can get the sector right, more than 50% job is done. Swimming against the tide and making progress is virtually impossible and at the end of the day even if you can do it you do not get extra rewards for having done so. Always focus on what sector market is liking and …
The most overlooked aspect in market is behavior. Everybody is after best indicator, holy grail setup, automated system, forecasting and timing. Some of them matters, but nearly not as much as you think. Fix your psychology and market will start treating you differently....