5+ years of trading experience in 28 tweets🧵
1-> Summary of 5000 Pages of Trading Psychology
- Keep trading with small amounts till you find a system that prevents anxiety
- Be consistent rather than betting more
- Small bets, small gains, consistently with zero stress
Save your time
- Keep trading with small amounts till you find a system that prevents anxiety
- Be consistent rather than betting more
- Small bets, small gains, consistently with zero stress
Save your time
2-> If you're a beginner, forget everything else and write the following
1. I will have a strategy to trade
2. My strategy must be backtest
3. I will only enter once I have a plan
4. My focus will be on Risk Management, not profit
5. I will let the trade play out
START TODAY
1. I will have a strategy to trade
2. My strategy must be backtest
3. I will only enter once I have a plan
4. My focus will be on Risk Management, not profit
5. I will let the trade play out
START TODAY
3-> Trading will outperform 9-5 job by 2030
- Work from home is the future
- Compound money like nothing else
- Strong independence (no boss, no clients)
- People will kill for traders to trade their money
Work hard today, be a top 1% by 2030
- Work from home is the future
- Compound money like nothing else
- Strong independence (no boss, no clients)
- People will kill for traders to trade their money
Work hard today, be a top 1% by 2030
4-> Trading is Simple, Not Easy
There are many things you can learn only through Experience
That's why it's nearly IMPOSSIBLE to succeed in 3-6 Months
There are many things you can learn only through Experience
That's why it's nearly IMPOSSIBLE to succeed in 3-6 Months
5-> Imagine spending 4 years getting a degree without ever thinking of giving up
But giving up on trading because you didn't get rich within 30 day's
How ridiculous !!!
But giving up on trading because you didn't get rich within 30 day's
How ridiculous !!!
6-> You can have a losing day but a profitable week
You can have a losing week but a profitable month
You can have a losing month but a profitable year
You can blow up a small account and then build a big one
Always Think in Long Term
You can have a losing week but a profitable month
You can have a losing month but a profitable year
You can blow up a small account and then build a big one
Always Think in Long Term
7-> Expecting to earn Rs 500 on Rs 25000 in the stock market is like expecting 2% profit per day. No one has ever made this type of profit in the entire stock market history.
Make your expectations real and then may be you will be able to earn good from stock market.
Make your expectations real and then may be you will be able to earn good from stock market.
8-> If you are very disciplined but not that smart, you will somehow survive in stock markets.
If you are very intelligent but not disciplined, you will be destroyed.
If you are very intelligent but not disciplined, you will be destroyed.
9-> Develop a trading system that returns 20% to 30% a year on average with max single digit drawdowns, and requires only an hour of your time per day to trade.
This is the Holy Grail
This is the Holy Grail
10-> Trading is the only career u can make an average Indian salary of around 30k in a single day as a beginner
It is also the only career in that u can lose everything you've worked a year to build through a couple bad trade
Risk Management is the most important aspect
It is also the only career in that u can lose everything you've worked a year to build through a couple bad trade
Risk Management is the most important aspect
11-> 5 core trading concepts you must understand:
1) Hit-rate is not important to make money
2) Position sizing has a big impact on trading success
3) Simple & robust systems are more successful
4) 80% of trading is psychology.
5) Distance from markets will increase ur success
1) Hit-rate is not important to make money
2) Position sizing has a big impact on trading success
3) Simple & robust systems are more successful
4) 80% of trading is psychology.
5) Distance from markets will increase ur success
12-> Intraday trading is the best way to make money, if you are a SKILLED trader you can make money really fast,
But you need at least minimum 4 to 5 years to learn it in this field, same to other fields..
In this field required lot's of time to master your skill..
But you need at least minimum 4 to 5 years to learn it in this field, same to other fields..
In this field required lot's of time to master your skill..
13-> You want to make Rs 100000 Trading?
First Focus on making Rs 1000 Consistently
Then use this capital to make 2000 Consistently
Take small steps & level up to Rs 5000 Consistently
More Capital Doesn't make u a Better Trader Being a Better trader gives u More Capital
First Focus on making Rs 1000 Consistently
Then use this capital to make 2000 Consistently
Take small steps & level up to Rs 5000 Consistently
More Capital Doesn't make u a Better Trader Being a Better trader gives u More Capital
14-> There is really nothing like trading
Once you crack the code, it's like making money out of thin air
Once you crack the code, it's like making money out of thin air
15-> Trading is a great career. Very few crack it. If you can, you will be able to live a life that most people can only dream of
16-> The most successful traders have the simplest trading systems But new traders learn it late in their trading career💯
17-> Trading is the best job in the world
1. All you need a laptop
2. Work from anywhere
3. 1 2 hour working in day
4. More pay than most jobs
5. No stress after trading
6. Days of when you want
So please take it seriously. Develop this skill and the benefits are endless
1. All you need a laptop
2. Work from anywhere
3. 1 2 hour working in day
4. More pay than most jobs
5. No stress after trading
6. Days of when you want
So please take it seriously. Develop this skill and the benefits are endless
18-> If your trading system is not scalable for at least 50 lacs to 1 Crore
It is better to do job than trading
Make your system with proper risk management and position sizing
Your mindset should be like you will trade with 10 Cr one on this setup
It is better to do job than trading
Make your system with proper risk management and position sizing
Your mindset should be like you will trade with 10 Cr one on this setup
19-> Stages of a trader:
Stage 1: See’s profit posts, “I want to learn” 🧐
Stage 2: Starts trading, realizes there’s a lot to learn 😯
Stage 3: Loses, it sucks 😔 This point is KEY, give up or keep going 🤔
Stage 4: Keep going, things slowly start to click
Stage 5: Freedom
Stage 1: See’s profit posts, “I want to learn” 🧐
Stage 2: Starts trading, realizes there’s a lot to learn 😯
Stage 3: Loses, it sucks 😔 This point is KEY, give up or keep going 🤔
Stage 4: Keep going, things slowly start to click
Stage 5: Freedom
20-> Intraday trading is the best way to make money, if you are a SKILLED trader you can make money really fast,
But you need at least minimum 4 to 5 years to learn it in this field, same to other fields..
In this field required lot's of time to master your skill..
But you need at least minimum 4 to 5 years to learn it in this field, same to other fields..
In this field required lot's of time to master your skill..
21-> How to earn 100crs in 30 years from market
1. Starting early is important. Even age 30 is fine. Start with 1 lakh
2..Monthly SIP in your stocks is the hidden secret. Put 10-12K every month
3..At 25% compounding for 30 years,you will reach your desired 100crs at age of 60
1. Starting early is important. Even age 30 is fine. Start with 1 lakh
2..Monthly SIP in your stocks is the hidden secret. Put 10-12K every month
3..At 25% compounding for 30 years,you will reach your desired 100crs at age of 60
22-> Consistency does not mean being green everyday.
It means always following your plan
It means always following your plan
23-> I wanted to quit trading many times but I remembered, I would have to go
back to a 9 - 5
back to a 9 - 5
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>> 1% Weekly Income Trade
>> Positional Option Trades with Adj.
>> Expiry Trades with Adj.
>> Intraday Momentum Stock
>> Swing Trading Stock
>> Long Right Mindset Post
Free Telegram Link - t.me
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