Skip to main content

Posts

Showing posts from 2018

Kavita-2

Note:- don't expect much from this poem. Just a rough moment. Enjoy... 1. Sapno me wo takat hai, Jo na sone deta na Dil khol ke rone deta Akele is tanhai me bas yk aas liye baitha hu Mann phisal jata hai magar jidd pane ki umeed laga ke baitha hai Kuch aas liye baitha hu 2. Haa har baar thokare khata rahta hu, magar yk jidd hai Jo hat ti nahi Sabne mere sapno majak udaya, lekin mai hi pagal hu, Jo aas liye baitha hu Na Jane is tanhai aur akale me sapne Delhi ya nahi, magar yk umeed liye baitha hu 3. Mai kitni baar gira aur gir kar utha Chote mujhe ghayal to Kiya par aur chot mujhe aur ghal na kar paya Mere is pagalpan ko Kya naam du, pata nahi, Magar yk tamanah hai us manjil ko chune ki,  Jo aas liye baitha hai 4. ISthiti bahut najuk hai, par Dil samjhta nahi, Bahut kuch paya hu, bahut kuch khoya hu, Isk Hui bhi toh sirf sapno se, Kya mai pagal hu ya diwana hu, Har lambhe jita hu kabhi haar ke to kabhi Jeet ke. Ye Jo maja hai aur saja bhi, Pata nahi kuch sah...

One of the reason 90-95% traders fail in stock market.

One of the reason we as a trader don't able to succeed is that we think we can't be wrong. So when we don't have the good trader's mind or experienced good amount of loss. We don't bother to understand that every trader has gone wrong. As we don't expect to go wrong. So no stoploss and think like that it will turn now and now. But it don't turn untill loss piled up huge. That is where we make  blunder mistake and big loss. And it put us aside of trading or abstain for future entry into the stock market. Instead what we have done right was that we have cut our losses quickly that is at Max of 1-2% of our account size. I have made this mistake not once but many times but learnt and moved. Hope as a trader's journey. You don't make the same. Learn from it or losses are best tutor. Stick here for more. Happy trading!!!

How to learn trading??

It's simple go to the past data. Look for best setup. Take an entry with stoploss like live market. See how many times you are right and wrong. Look if you are winning. If not then repeat the process. Untill you find best entry, exit, stoploss and setup. Practice for 10000 hrs++. Improve and take a real trade. Happy trading!!

One of the biggest reason which every day trader often repeat.

Becoming a profitable trader is learned in hard way. One reason which I think most trader who make losses again and again is repeated mistake. And that is not able to see the possibility on both side. So that you can book loss in the event of your unexpected move. Book good profit in the event of being right. When we don't see. What we do is we don't put stoploss and even when we put, we keep on increasing stoploss. Which seems ok bcoz many times it just hit our stoploss and go to the same direction as we expected. But thats not the right reason. We have to except that we could have waited for the right entry so that stoploss would be bearable not changeable. If you repeat this mistake and don't understand. Losses will teach you. Happy trading!!?

What I learned with one year of day trading?

I am just one year old in this market. Have mix of experience. But learned hard lessons.  I wanted to be full time trader. So started with just 1000 rupees. Lost all within weeks. Next thousand lost within few weeks. Next and next up to 5-6 times. Just  I keep putting 1000 rupees and loss almost continued for six months. Next three months losses streak changed into losing slowly and slowly. And next  three months to breakeven and gaining profit. Time was spent with sleepless night and deep thought. Should I continue or end? But the conscious mind keep me forward to learn and grow. Most mistakes that derail most of us from this business is big losses. Which happen due to not putting stoploss or thinking that it will turn your side and  get to your level. So, you don't exit. Losses pile up more and more. Finally account wiped out. You feel this is not cup of my tea. What we have to grasp is that stock market is a place of risk like any other option. But We think t...

How much time does it take to be a profitable tarder?

Here is the thing, For every skill there is predetermined fomula of 10000 hours. Which need to master the field. Take any profession. It's the same. But really do we need 10000 hours to be a profitable trder. The answer is no. Bcoz that time was in the 90s to master the field. But now in present case, it may take lesser time than that. With digital form of media. You know everything speeded fastly. The way information is delivered is much faster than those era. Now its just third of that. That is 3000 hours. Which I am saying bcoz there is lot of things you can learn fast. With access of information. Also improve the same thing fastly. Of course trading is very hard job. Stressful and time consuming to master. If journal are made , it possible. Moreover some set of mentors guidance will cut the learning curve short. With first being more wrong, with daily improvement. You can certainly become less wrong. With dedication and right thing in place you can go ahead with minimal t...

Why network marketing fail to attract people?

Here is the story I have to share: It was early August month2013. when first time I was invited to an event. Told by the associate that it's youth event where you can interact and talk alot about entrepreneurship & innovation. Lots of big businessman. Bright people, have  reach direct at the top class businessman that you see in the newspaper or TV. I got amazed that really i will get such a chance to interact. I got attraced having no real first hand experience of such things before. I joined them and got there on time. Really they engaged me and gave me some insight. I agreed all the terms and finally somehow convinced my mother and joined with certain amount. There were lot more promises like a politician make. So many things seems that yes i wann be there. But how was the question? That drive to take their path. Which I never liked to sell their stuff. which doesn't attract me do that. Just bcoz you need to get ahead you have to do that. They didn't shown any oth...

Trading Psychology: You need to master this two.

Over and over again, I made several time this mistake. Being a professional trader I worked lot to put this two weak point of mine into the right direction. I tried and failed. Frustrated for the long time. One is booking the profit too early and second is not cutting the losses. Being novice, I wiped out my account many time. This thing has hurt my trading career for long. I frustrated and decided not to do trading. But this is what I find fascinating. So, I started finding the right solution. I worked upon the psychology and read few books and talked to fellow trader. Most of them accepted they too had faced the similar challenges. But they mastered this. Today I made some similar mistake and thought to share this. 1. Not cutting the losses and at the end it pile up to give you bigger losses. This is what happened. I took a trade. It seemed all good for sometime. Then it start going against me. I was knowing that if this break this level. It will move furthe...

Kavita

Note:- It's just rough idea of poem. Don't expect much. 1. Sapna dekha that pankh phailake udne ka, Na Jane kaha phas Gaya Dil dahalta hai, sase atakti hai Na puhunch paane ka 2. Dil me darr liye baita hu,   Kaam tezi se Hota nahi,  Bas aas liye baita hu 3. Kyo dekha tha, aur Mana tha wo sapna suhana, Aaj na pahunch paane ka sansay liye dhodata hu, Sase chalti hai, par Mara hua pata hu Dil me aas liye baita hu, bas yk umeed liye baita hu. 4. Akela nikla vishwa jitne, Na jaane Kya Kya khatra mol Lena padta hai Bas aas liye baita, Dil ko tasalli deta hu Bas aas liye baitha hu 5. Bhar pet Khana nasib nahi  Bas aas liye baitha hu Maa itnzar karti Bas aas liye baithi hai Aur kitna chalu Kash ye manzil choti hoti Par aas liye baitha hu 6. Na rone se kuch milega, na hasne se kuch milega Milega to sirf mahnat ke rash see 7. Kamyabi milti hai dard ki kokh see,    aur Nakamyabi milti hai sirf yk galati se    Bas Dil me aas liy...

Why looking inside ourselves solve most of the problems?

Just I was checking my to do list last Friday. How much I have achieved so far. I found that there were too much shortfalls what I dreamt. Just I looked behind my past action. I found lots of pitfalls which would have solved as better way, if I had not depended on the external factor. Where I have no control. I didn't have quite well feeling and emotion afterwards. I started finding what were the mistakes that I have made.Which might had been avoided to get the better results. One of those things. I ignored was that. I haven't seen to myself. Mean, my ability and work that need to be finished before the target. I just kept looking other person, who would work and give me the related result. The expectation and belief destroyed over course of action. The results are now the proof of meagre achievement. I blamed the system and people, society, policy, economic condition, past and future. And one thing that left was the present from where I have to start my journey again...

Why I choose over other profession to be a stock trader?

Phase begin with the world of knowing that some people around this world make large return by investing. There is no match with the way a stocks perform over a period of time. If you remain invested with good company, even you can become millionaire without creating the valuable company. Just you need to find the undervalued one, which have great scope to perform in the future. I totally agreed to the concept of buying the ownership of a company. This industry drains huge amount of wealth (trillions dollar every day) from retail to large corporation. Millions of smartest people work in this industry. There is lot more advantages, if you know well what you are doing here. Else there is another dark secret, which nobody tells untill you become one. With success comes lot more failure. There are lot more worst stories as well. But who cares about that. It's just the matter of choice. Few understand the stock market. Most drains the hard earned money. Like every industry only t...

How to be an entrepreneur?

I am here to share you a entrepreneurial view. How an entrepreneur born or become. Is there any difference between the normal people or being someone different. Like an entrepreneur. Why they behave in some different way to every question. Why not every people. What makes an entrepreneur. What are the indications that You are made for entrepreneurship. Like this there are millions of questions that strike to my mind when I was at the initial phase of my life. I got amazed with the way entrepreneur deal with the problem. Very different than a normal people. There were whole bunch of thoughts that keep day and nights awake to think, How? That is where idea generates, where there is will there is a way. So, I started searching. When I typed my question about entrepreneurship on the google. I got millions of answer in response. That was most fascinating for me that there were free of information available for the common people. My age was around 18 then. I gone to my colle...

What is stock market?

It's a financial market where share of a company traded publicly. Mean, anybody can buy and sell the shares of a company listed on the stock exchange. The term stock exchange itself clarifies that stocks are exchanged between the buyers and sellers. What are stocks? It's a share of a company. Share is ownership in the company. For example, if one of your friend wanted to start a company and he needs some money but he can't pay you in near future. So, instead paying you, he offer you to become the owner of the company. There you may hold few % of the company. But here you own depending on the size of your investment/capital. Also known as capital market. It's a simply a marketplace like any other market. But here ownership of a company is traded. Other than those, currency and commodity shares too are well known on the exchange. People participate on their knowledge and learning base. If they feel this way have good growth in the future and wanted to make an ...

15 books that every budding entrepreneur should read.

Before diving into the career of entrepreneurship. These are widely acceptable books that every entrepreneur should read. I read most. Not all. I have felt the change by reading them and I am on the way to finish all from this list by the year end.  It has shaped me like a novice to true dreamer. The potential of me increased and I am dreaming bigger and better. After this bunch of books, you will feel fresh and energetic for sure. You will have new beginning and enter into the league of creating value for the society. Lets take a look at the list. 1. Think and Grow rich 2. The secret  3. Rich dad Poor Dad 4. The intelligent Investor 5. Money Master the game 6. The 4-hour Work week 7. The millionaire Fastlane 8. The power of habit 9. Atlas shrugged 10. How to win friends & influence people 11. The $ 100 dollar start-up 12. The monk who sold his Ferari 13. E-myth Revisited 14. The 10x  rule 15. Zero to One Hope you ride ...

What are the lessons I learned while trading?

Every stock trader have different observation in the market. But few are very common that needs to be addressed so that trader can remind and remain on their gut while trading. This is all psychology game inside your head. So, the lesson is pretty hard to practice. It takes lot more time than we think to master the art of trading. The most common thing that I want to share are: 1. Needless to say Money Management and Risk Management. 2. If things are not going in your favour, lets say for an hour, I think you should get out with booking the very less possible loss. 3. Every second some stock is going up and down. So don't rush to enter the trade. Be patient, analyse well and enter at the right time. 4. Trail the profit in the moderate to low moving movement. But act fast in the fast moving stocks. else catching the profit will not happen. (Trail doesn't work in fast moving stock, it is likely to hit the trigger). 5. It's important to make a decision when to trade, wh...

where to put the stoploss?

In trading industry one of the most frequently asked question is "where to put the stoploss?" This is really a challenge. The solution lies on two half. First is the chart pattern. And second is the area of value. Second one is more important as it is more relevant than the first one. Because looking at the chart pattern nobody can tell you on the shorter time frame where to put the stop loss. Bigger picture like a day chart can confirm it. So, do technical analysis well and observe the pattern. This is one cool idea. Another is Area of value. Now, what is the area of value. It is simply the support and resistance. You can also consider the fibonacci level and pivot point. Mean, You can put the stoploss below/above these value. How much below/above. Exactly nobody knows. But relevant to the market movement of that particular day. This is the coolest idea that I have learnt where the stoploss should be. The two term is well known between the day trader support a...

Is stock market profitable?

The answer is big Yes but depends where you have invested. Like any business it has pros and cons. Before dive into the financial market also known as capital market. It is yes riskiest market but rewards keep you alive to work harder and achieve the goal. what attracted most people is the return over a period of time with intelligent investment. Here in the financial world people loose as well unlike the fixed deposits or traditional things. May be frequently as well. But the experience over a period will leads to make better decision. Here is the catch of capturing the value rather than creating the value. Most of the books on financial market has the idea of capturing the undervalued company. That is where you need to do all research and use your knowledge to find the best stocks to invest where you can get good returns if invested for few months/weeks/year/remain forever. Mostly the people is fascinated to see the money growing while working. This gives the chance to bea...

Most Common fears for Day trader.

While trading I have witnessed several fears that effected my trading career. But some of them are the common fears that leaves us to rethink. Out of them, 4 measure fear are: 1. Fear of leaving the amount in the market 2. Fear of missing out 3. Fear of being wrong 4. Fear of loosing money These fears generally hurts us psychologically and effect our trade. We loose our control on those things which is must to be controlled, as being a consistent trader. Logically if you read these points, you will find commonality in all. and that is psychology behind initiating a trade. Now the question arise is how to go ahead with the solution. First like a pattern of the chart. Remember these points in your head. Remind yourself several times especially revising at the weekend. This will take time and make a space in your head while training through this. Next time when you will initiate the trade you would remember these automatically and you will make better decision.

why stock trader repeat the same mistakes again and again?

Since I started trading I thought, I would become millionaire within next few months. But when I jumped over trading. It become much tougher task. I keep on draining my hard earned money. Everyday, Every week, I learned from my mistakes as well from the others. By reading and listening on various platform. I thought I am done with this. what happened next is, again I repeated the same mistakes with little improvement. I pep up myself and remind myself, I can't afford to loose at this stage. I have huge responsibility, I have to rise. Again revised all the things from my past experiences. This time I thought I would not repeat the mistakes. I was the right till I haven't entered the trade. As I took up. I found that it's wrong again. I have to get out. But the psychology inside my mind was that at least it would give all charges that I have to pay or few rupees profit. It can't do like this. wait. I waited till next hour. What happened? I lost and triggered hit the...