Friends ,

The main agenda of 2024 is to make atleast 70 to 80% of this group member to close 2024 positively.

1.Keep the daily target reasonable and once done get out of the system and forget the markets

2.If you are on losses and it had crossed your daily limit , stop there, it's not easy to close the day but trading further can lead you to make all wrong decisions and make the day look even more nasty

3.Keep your trading strategies and indicators simple and easy but ensure enough back testing is done before you apply it regularly

4.When taking a trade define a stoploss exit point and be affirmative about your trade ( when in profits exiting early and when In losses keep holding or averaging is the main factor can never mak us profitable )

5.Maintain an Excel sheet and capture daily trade logs

Take trading seriously & without patience success can always be a dream

One common query

Can we also trade along with Mr.Siva during the live mentoring session?

I will sincerely suggest , dedicate the 12 days exclusively for learning alone.Since all the sessions are conducted on live markets , you will be able to learn practically on all data points what he uses.

Secondly when you trade during the training , you lose your focus.

Money can be made any time when you develop the knowledge and skill

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Incase any body missed to join the whatsapp group , click the link above and join , moving forward we will be posting many interesting things there

https://youtu.be/0o5cNHzBCF4?si=2ve6otdMub9iAdts

Kindly go through the video in full

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Friends , do not skip out the messages being posted today in this group , whenever you find time just take a note and paste it in your desktop

If you are into trading & making losses consistently & trying various ways to become a successful, you are not alone , as only 10 to 15% traders actually make money on the longer run

Should you feel happy about being with the majority ?

Nobody wishes to

Before we get to learn how the 10 to 15% traders make money , it's more important why 80 to 90% lose money in speculative trading

Lack of experience
Over Trading
No Proper Risk Reward
Lack of Knowledge
Get Rich Quick Attitude
Unrealistic Expectations
No Proper focus
Fear & Greed Factor
No Proper trade set up
No Proper trading strategy
Agressive trading ( put all money in a trade )
Trading on compulsion to make profits ( to pay emis , loans , fees )


And the list continues

80 to 90 % Needs transformation here

But only 10% of us have the acceptance to change

Yesterday in our poll I have asked how many risked 50 to 100% capital in a single day or single trade , majority answered YES

Simple solution what I gave was to park only 10% to 20% of your overall capital in your trading account & transfer rest to your bank account

Honestly speaking not even than 1% must have done that & why ?

Because majority believe more the capital more the profits , just think the other way around - more the capital can lead to more losses - Simple

Firstly a trader should spend a day or even a week to make a complete self evaluation about himself , his trading style / trading history ( verify the trade journal )

Identifying the root cause for your failure is the first step for your transformation

List down in a diary all the possible mistakes you have been committing knowingly or unknowingly

Firstly trust the data & the process

Any big trader whom you inspire today would have been in the same place one day you are sitting today

CHANGE - is the only option incase you wanted to get in to the 10% of the winning club

Like smoking , drinking , gambling - trading is an addiction , which is even more dangerous above all three

At times when things are not under control , never hesitate to visit a psychologist , spend a consulting fee of 500 to 1000 discuss your problem , seek solution & never hesitate in taking a help from a professional

In a speculative market not all the time trades may work as we expect

If you understand this reality - you have reached half way

Trading discipline is the key combined with your data analysis , trade setup , risk reward , etc

Nobody can teach you discipline

Before starting the day ask yourself what is the max am going to risk toddy 1 2 3 % based on your risk profile

Before getting into a trade ask yourself , if the trade worth it

If you have a over trading issue , let the capital remain in your trading account for a month & you be under control by not taking a single trade

Practise only can enhance us better

If you are not sure about the trades , step back , learn and start fresh

Please note - Don't simply lose money for any of the reason , as one day you may get the knowledge , develop your behaviour , but you will not be in the game

Hope Trade Presentation.pdf

Trading is all about

10% Buying
10% Selling

80% Waiting

This is purely a game of patience

Keep a watch of Open high on the Bank nifty before you make any trading decisions