Successful trading is a reward of your daily actions.
Backtesting = Confidence
Repetition = Discipline
Meditation = Patience
Believing in yourself = persistancy
#stockmarket
#Trading
Trading Rules :
1: Always Use a Trading Plan
2: Treat Trading Like a Business
3: Always Use a Stop Loss
4: Protect Your Trading Capital
5: Become a Student of the Markets
6: Risk Only What You Can Afford to Lose
7: Develop a Methodology Based on Facts
8: Know When to…
The Six Laws of Wealth :
✅Spend less than you earn 💰
✅Diversify your income streams🌐
✅Invest in knowledge and skills📚
✅Leverage the power of compounding ⏳
✅Manage risks and protect your assets 🔒
✅Give back and create positive impact 🤝
#Wealth
…
Thats how you can survive your first year in trading.
1) Trade with small size.
2) Risk only 1-2% of your account size for each trade.
3) Master one setup and stick to it.
4) Journal your trades and study every mistakes you made.
#TradingMadeEasy
#Trading
7 valuable lessons that i learned from the book "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko:
1. Many people who live in expensive homes and drive luxury cars do not actually have much wealth. They are living a high-income, low-net-worth lifestyle.
2.…
The most important factor which decides your chances of winning or loosing any trade is your trading psychology.
-Few Simple ways which can improve trading psychology:-
1. Identify and manage your emotions.
2.Always have a trading plan.
3. Practice meditation.
4.Set realistic…
If you are leveraged five times of your capital, a 20% move in your preferred direction can double your capital, but a similar move in the opposite direction can wipe you out.
If you don’t know how to use the leverage it will kill your capital and confidence
#tradingpsychology
I don't have a single friend in my hometown...😒
so on weekends i'hv only options left is either watch movies or read books aur kuch nhi to charts dekho.😅 N i really hate screentime on weekends.
Life has become so boring..
Kru to kya kru..🙄
Amateur traders:
- Focus on profit
- Focus on short term
- Focus on finding the perfect system
- Have excuses after every loss
- Have huge ego
Pro traders:
- Focus on risk management
- Focus on long term
- Focus on mastering their strategy
- Focus on execution of…
Train your mind to be
calm in every situation.
Trading becomes a lot more easy when you find out how to stay calm when executing your system.
#trading
#tradingpsychology
Trading in the financial markets can be a rewarding , but it requires careful planning and execution.
Here's a blueprint to help you navigate the markets and increase your chances of success.✌️
It is a known fact that 90% of people in the stock market lose money. The reason behind that is quite common.
Here are the Top 6 Reasons about why people lose money in the stock market.
Trading is often seen as a fast-paced game,
but let's talk about the truth: Trading is a slow process.
Time is your greatest ally in trading. It's not about quick wins,
but about steadily gaining skills over time.
Patience is the key!
#trading
You lose money in trading when....
1. You lack a solid strategy
2. You don't manage risk
3. Over-trading
4. you try to recover losses
5. Lack of discipline
6. You ignore market trends
7. Make decisions based on fear, greed
8. You don't research well about the asset you…
True heroes and pride of India!! 🇮🇳
Huge Congratulations team
@isro
for the successful soft landing of
#Chandrayaan3
.
India can never forget your contributions in this historic journey! 🫡🇮🇳❤️
Always Proud to be an Indian❤️
#Chandrayaan3Landing
Your trade should always end in one of the following way :-
1. A Big Win
2.A Small Win
3. A Breakeven
4. A Small Loss
To be in the game, always try to avoid a Big loss.
#Trading
#StockMarket
#Tradingpsychology