Thread on some pro tips which will help you improve your trading to next level(My 6 year experience summed up in a thread)
1. The more you sweat during practice , the less you will bleed during war - " Take time in learning , take small steps , increase your observation power ,
Everyone is different ! Dont get fascinated by other people's performance. You are your own hero , everyone has its own mindset/capital/skills/strength/weaknesses. Dont disturb your mental peace by comparing your trading results with someone else's.
If you follow this rule , i promise you will never blow up your account or be a looser at trading"Always risk x% of your capital in a trade/day/week. For me its 0.5% per trade , for you it can be any figure you like.
This will ease your trading i promise and you will thank me later. Manage risks , profits wil automatically follow. Dont run mad behind profits , some days are to protect your wicket.
Fear , Greed , Anger if you can control these while trading , you are a step close towards a successful trader.
Try to act like a computer or an employee who is managing your capital , because if you will not there are chances
Emotions play a big role , although very less people in India emphasizes on it but believe me if you do you'll feel the change.
If you have only 1 source of income , you are just one step away from being poor/bankrupt , yes it may sound rude but it's reality.
A survey says that billionares in world has average 4 sources of Income , you dont need to have big grand businesses
Some of greatest sources of Income which you can easily start is Insurance Advisor/Agent , Real Estate , Rental Incomes , Wholesale businesses of necessity items , broker , small cafe , restaurant , YouTube .
Many people think that 2/5 lakh is enough for being a full time trader. Believe me i also felt the same in early days but when i spent time in trading i realised that some months you will make even 1%\2% a months , so you need to have capital where
Always have a trading journal where you will note down your mistakes , and will try to correct them and never repeat.
Mistakes that keep repeating becomes your Habbit , so just place sticky notes behind your trading screen and avoid them next time.
Dont have unrealistic expectations from market , you cannot make 20-30-40% a month , try to be comfortable with even 2% a month.
Expectations leads to disappointment.
Just follow your trading setup with full dedication and see the magic.
Do follow @ArjunB9591 for more amazing threads and tweets.
Thankyou ❤️
Happy Republic Day ❤️
@RijhwaniSheetal
Must follow and turn on post notifications for these accounts and you will never stop learning.
More from All
You May Also Like
THE MEANING, SIGNIFICANCE AND HISTORY OF SWASTIK
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.
The Swastik is a geometrical figure and an ancient religious icon. Swastik has been Sanatan Dharma’s symbol of auspiciousness – mangalya since time immemorial.
The name swastika comes from Sanskrit (Devanagari: स्वस्तिक, pronounced: swastik) &denotes “conducive to wellbeing or auspicious”.
The word Swastik has a definite etymological origin in Sanskrit. It is derived from the roots su – meaning “well or auspicious” & as meaning “being”.
"सु अस्ति येन तत स्वस्तिकं"
Swastik is de symbol through which everything auspicios occurs
Scholars believe word’s origin in Vedas,known as Swasti mantra;
"🕉स्वस्ति ना इन्द्रो वृधश्रवाहा
स्वस्ति ना पूषा विश्ववेदाहा
स्वस्तिनास्तरक्ष्यो अरिश्तनेमिही
स्वस्तिनो बृहस्पतिर्दधातु"
It translates to," O famed Indra, redeem us. O Pusha, the beholder of all knowledge, redeem us. Redeem us O Garudji, of limitless speed and O Bruhaspati, redeem us".
SWASTIK’s COSMIC ORIGIN
The Swastika represents the living creation in the whole Cosmos.
Hindu astronomers divide the ecliptic circle of cosmos in 27 divisions called https://t.co/sLeuV1R2eQ this manner a cross forms in 4 directions in the celestial sky. At centre of this cross is Dhruva(Polestar). In a line from Dhruva, the stars known as Saptarishi can be observed.