My dear BROTHERS & SISTERS,
Hope ur trading going fine and profitable.
In these days I found lot of threads like-Who want to become crorepati??, Who want strategy ??? ,How much u want to earn? etc.
Where some friends are asking about SURE SHOT TRADING STRATAGY, some want to know TRADING TRICKS.
And im quiet happy that some members are sharing their strategies and tricks which is very healthy sign.
Now i want to share something with u, this is not any strategy or trading trick. I just want to share my experience with u.
My experience suggest NO TRADING STRATAGY WORK EVERY DAY.
Means there is no any strategy or technic which work in any kind of mkt condition. U need to change/amend ur trading strategy as per mkt condition. (here I don’t want to criticize on anybody)
Here I want to say don’t depend on any one strategy for ur trading, bcoz u need to prepare ur own strategy or trading method which is suitable to ur risk taking capacity, ur capital.As well as don’t be rigid with ur strategy, try to be flexible alongwith mkt.
I think here some COLD WAR going on between technical guys-options data readers-trend readers. Which result in to confusion in small and new traders,they cant decide what should adopt?In my personal trading I don’t depend my self on any one of above. But it don’t mean that I didn’t belive in these.
I designed my own study method.which I called-MOVE READING. In which I closely study moves of particular indices and scrips.
Alongwith this I use another one method which is- MARKET READING. In this I try to find mkt sentiment , news , roumers and all that which can affect on particular index or scrip. Observation is best weapon in the mkt.
Another most important thing is- EXPERIENCE. Lot of new comers want to earn lakhs of rupees from their first trade.But ur mother take lot of pain to give u birth,there is nothing free or painless.specialy in financial markets u cant earn without SHRADDHA & SABOORI In mkt u need lot of experience and without that u cant earn anything. Even if somebody offer u any blind trading technic then also u need to know-how to use it. Which is called experience.
I think this is enough for-day one. I will share more when I get time.Till then-
WISH U PROFITABLE LIFE.