BC TRADING
Saved by @vsamk

A Thread on~ O V E R T R A D I N G

Sitting and observing the numbers flicker on the screen might be very exciting.

 But have you ever felt like you might've done better? Or you're just too tired of waiting that you punch an order right in?

That's a Bad Idea.

So, Let's understand the reasons behind it and try to find a way out.
1. Not having a trading plan makes you clueless.
Your impulses start to take control of you.
2. Having a trading plan; But still taking impulsive/ random trades.
Because of adrenaline rush or gambling instinct.
3. Revenge trading
When you try to force a trade in order to recover from a previous loss.
4. Increasing the Overall capital suddenly followed by poor position sizing.
5. Social media influence
Copying someone else's trades without understanding the logic.
6. Competing with others on Social Media
Getting influenced by MTM screenshots.
7. Feeling euphoric after great winning streak.
Extreme urge to give it all back to the market.
8. Not maintaining a Trading journal.
9. Boredom and not having any trading partner.
10. Tendency to self sabotage for reasons & failures outside of the trading arena.
11. Just for adventure and fun.
Now the question is: How to refrain ourselves from Over Trading?

1. Define your Trading criteria and wait for the right setup.
Do not chase the price.
2. Treat Trading as a serious business.
3. Limit the number of trades per day.
4. Don’t let inefficient screen time and boredom enter your trading.
5. Understand the premise of your system and know when to stay out.
To conclude, These are the greatest skills you can have as a trader and also the hardest to actually get a hand on.

Preach Persistence.

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#KOTAKBANK Update
Midway resistances held up strong.

Once these are breached, It is poised for more towards 1950 followed by 2000.

#StockMarket #StocksInFocus https://t.co/kswtnvjQM8
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#IRCTC
A brief consolidation, before continuing to move in prior direction of the trend.

Broken past the converging trendlines; A follow-through here and a closing above 4019.70 would bring in the targets of 4240 followed by 4450.
IRCTC
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@GurleenKaur_19
$USOIL

With the inching up of reaction lows, the targets are placed at $125 and $134.

In a different case scenario, Let's not rule out the possibility- If the price continues to sustain above the level of $104, Might see a hit towards the level of $150 as well.

#CrudeOil
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#NIFTYIT
The LH-LL structure indicates that the trajectory towards point D is still intact. https://t.co/Ew6eH6p5LE
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#SIEMENS
Though a swift breakout of trendline has taken place, The harmonic pattern is yet to get active above 2434.10
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After going through two phases of a traders journey, the initial success phase, and Only why do i get loss phase, Traders enter the third phase -

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If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
2. On LTF, price stalling around breakout area for at least 1-2hr.
3. No major events.

3/23

Stock reaching breakout LVL with HL-HH
Contraction of price and volume near it especially near 20 days ma.
If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
Left side of the chart has a rally with a very steep slope of ma.

4/23

Number of wide range green bars with high volumes.
If stock is at its ATH then it adds more conviction bcz there wont b supply after that point

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Everyone should own a digital asset that earns $2,000 per month.

Here are 10 dead-simple ways you can make your First $1 online (from people who actually did it):

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We have shared a lot of threads exclusively on Subasish Pani in the past year.

As this year comes to an end, here are the 11 most powerful threads on Subasish Pani exclusively compiled for you all.

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