DISCLAIMER. The information and analysis provided are solely for educational and informational purposes. I am not a SEBI-registered investment advisor, and nothing herein should be construed as investment advice or a recommendation to buy or sell any financial instrument. Market risks are involved. Viewers are advised to consult a qualified financial advisor before taking any investment or trading decisions..
STEP RULE ACTION STEP 1 PLAN AT END OF DAY (EOD) ANALYZE DAILY CHART KNOW TOMORROW’S TRADE STEP 2 NO NEWS OR EVENT BASED TRADING NO FOMO IGNORE NEWS EVENTS AND DON’T CHASE TRADES EMOTION FREE TRADING STEP 3. ACCURATE TRADES ONLY TAKE TRADES ONLY IF SETUP 100% MATCHES STEP 4. MAXIMUM 2 TRADES PER DAY NO OVERTRADING & NO IMPULSE STEP 5 NO SETUP DO NOTHING BEST TRADES ONLY STEP 6 BORING TRADERS PROFITABLE TRADERS.
FOMO TRADES. FEAR OF MISSING OUT.
NEWS AND EVENTS. ELECTION RESULTS, WARS, QUARTERLY RESULTS, FED MEETING.
FAKE TELEGRAM & WHATSAPP GROUP. UNREALISTIC COMMITMENT, CAPITAL DOUBLE TRIPLE PROMISES.
OVERTRADING. ONLY 1-2 TRADE, SAVE PROFIT, MINIMIZE LOSS, MINIMIZE BROKERAGE.
RIGHT ENTRY AND RIGHT EXIT. WITHOUT PROPER PLANNING OF ENTRY AND EXIT.
HIDING LOSSES. HIDING LOSSES FROM FAMILY OR LOVED ONES.
RULES HOW TO TRADE. RUN BOTH THE SCREENER AT EOD DAY ( AFTER 3:30 PM) IN EACH SCREENER U WILL GET FEW STOCKS IF MORE THAN 4 STOCKS IN ANY SCREENER THAN AVOID IT. MARK OPEN HIGH LOW CLOSE (OHLC) LEVEL OF THAT DAY MEANS LEVEL ON EOD DAILY CANDLE IF CANDLE IS INDECISION CANDLE LIKE SPINNING TOP OR STAR DOJI THAN ONLY MARK OPEN AND CLOSE. FOR NEXT DAY TRADE YOU WILL HAVE 3-4 STOCKS FROM BOTH SCREENER IN WHICH YOU HAVE ALREADY MARKED OHLC LEVEL. WHEN ANY 5 MIN CANDLE BREAKS ANY OHLC LEVEL OF ANY STOCK YOU WILL HAVE TO TAKE TRADE IN THAT DIRECTION. FOR UPSIDE BUY CALL OPTION AND FOR DOWNSIDE BUY PUT OPTION. ALWAYS BUY ITM OR ATM . YOU CAN ALSO TRADE IN CASH. IN INTRADAY YOU CAN TRADE BOTH FOR BUY AN FOR SELL. ALWAYS LOOK FOR 7-8 % PROFIT IN OPTION AND 1-2 % IN AND THEN USE TRAILING STOPLOSS METHOD OR EMA 8.
HOW TO MARK OHLC IN INDECISION CANDLE. MARK ONLY LOW AND HIGH IN THESE TYPE OF CANDLE.