Skip to main content

MARKET GUIDE 3

THE RULES MUST FOLLOW BY TRADER!!!!







(This blog only for education purpose writer not advising any trade opportunity)
Everyday many peoples ask me a lot of queries related trading and investment through various platforms. The ultimate agenda of their questions is 'How to be consistently profitable trader'. And yes we all in market for making profit, no one in market who love losses. 

Everyone loves you when you make profit but when you loss money then not even your wife and parents stands with you. So keep in mind money attracts everything. If you want to create huge money then left all that things which common people do. Don't follow others rules, make your own rules. Also learn from everyone but don't blindly follow anyone. I am giving some rule which I follow while acting as trader. I am mention just trader word not Aggressive trader because Aggression is default characteristic of trader. With out aggression you can't stand in market. 


My Rules-



  • Do not trade every day- Trade on opportunity.
  • Minimum trades; Maximum profit
  • Reserves- Always keep your 30% capital in reserve.
  • Dump your emotions and sentiment while acting as trader.
  • NEWS- keep contentious eye on national and global all kind(mostly Economic, Political, Geographical) of news.
  • Study, Research and add knowledge on daily basis then profit is just number for you.
  • While working as trader don't forgot investment.
  • Before entering in trade fix your stop-loss and target.
  • Never trade on advise.
  • If you make loss; accept it, don't try to recover in same trading session.
  • If I made loss; I eat delicious food at outside on that day.
  • Be on market price for buy and sell.
  • Always keep backup of Internet and power of devices.
  • Analyse things from every angle, because life is beyond the market.
  • Be loyal and honest to yourself.
  • I am answerable to my myself not to others.
  • Be in market on your terms and conditions not others.
  • Ask for direction but take decisions on your merits.
  • Be aware with rumors.
  • Always hedge your positions.
  • Use technology for your advantage.
  • Become student of market not a master.
  • Risk only what you can afford to loss.
  • Don't chase the market.
AND MOST IMPORTANT

The Market Rewards You for Your Discipline!!


THANK YOU.






Mayur Jagtap

Investment Consultant.





For regular and daily small update 

Comments

Post a Comment

Popular posts from this blog

The Algorithmic Threat: How Social Media Endangers Democracy

  The Algorithmic Threat: How Social Media Endangers Democracy Social media platforms have become an undeniable force in our lives. They connect us with friends and family, inform us about current events, and entertain us. However, beneath the surface of connection lurks a potential threat to democracies: the algorithms that curate our online experience. These algorithms, designed to keep us engaged, can create echo chambers and filter bubbles. They prioritize content that confirms our existing beliefs, regardless of accuracy, and push us further away from opposing viewpoints. This can lead to increased political polarization, where people become entrenched in their own ideologies and distrustful of anything that challenges them. How what's app messages impact on opinion: Echo Chambers and Confirmation Bias:   People often connect with like-minded individuals on WhatsApp. Constant exposure to reinforcing messages can strengthen existing beliefs, making voters less receptive to...
Post a Comment
Read more

Understanding Option Trading: The Statistical and Probabilistic Game

Understanding Option Trading: The Statistical and Probabilistic Game "Trading is a game of probabilities. You don't have to be right every time. You just have to follow your rules."  In the vast arena of financial markets, option trading stands out as a unique and intriguing game—one deeply rooted in the realms of statistics and probability. Unlike traditional stock trading, where investors buy and sell shares of a company, option trading involves contracts granting the buyer the right, but not the obligation, to buy or sell an underlying asset at a predetermined price within a specified time frame. However, what makes option trading particularly fascinating is its reliance on mathematical principles, where every move is a calculated risk based on statistical analysis and probability assessment. The Basics of Option Trading Before delving into the statistical intricacies, it's crucial to grasp the fundamentals of option trading. Options come in two primary forms: cal...
Post a Comment
Read more

Riding the Volatility Wave: Option Trading

 Riding the Volatility Wave: Option Trading Derivative products, particularly options, offer a unique way to leverage market movements, and volatility plays a key role in this game. By understanding how volatility affects option prices, traders can craft strategies to capitalize on anticipated price swings. Volatility Skew: A Window into Market Sentiment Traditionally, option pricing models assume symmetrical volatility – meaning the cost of calls (bullish options) and puts (bearish options) is similar for the same strike price and expiration. However, the real world rarely reflects this symmetry. This is where the concept of volatility skew comes in. Volatility skew refers to the difference in implied volatilities for calls and puts with the same strike price and expiry. It reveals valuable insights into market sentiment: Positive Skew: Higher call volatility compared to put volatility suggests a market bias towards potential price increases. Traders might use strategies like bul...
Post a Comment
Read more