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.
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View the resolutions and voting results here:
The resolution titled "The occupied Syrian Golan," which condemns Israel for "repressive measures" against Syrian citizens in the Golan Heights, was adopted by a vote of 151 - 2 - 14.
Israel and the U.S. voted 'No' https://t.co/HoO7oz0dwr
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https://t.co/REumYgyRuF
The resolution titled "Applicability of the Geneva Convention... to the
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https://t.co/xDAeS9K1kW
View the resolutions and voting results here:
The resolution titled "The occupied Syrian Golan," which condemns Israel for "repressive measures" against Syrian citizens in the Golan Heights, was adopted by a vote of 151 - 2 - 14.
Israel and the U.S. voted 'No' https://t.co/HoO7oz0dwr
The resolution titled "Israeli practices affecting the human rights of the Palestinian people..." was adopted by a vote of 153 - 6 - 9.
Australia, Canada, Israel, Marshall Islands, Micronesia, and the U.S. voted 'No' https://t.co/1Ntpi7Vqab
The resolution titled "Israeli settlements in the Occupied Palestinian Territory, including East Jerusalem, and the occupied Syrian Golan" was adopted by a vote of 153 – 5 – 10.
Canada, Israel, Marshall Islands, Micronesia, and the U.S. voted 'No'
https://t.co/REumYgyRuF
The resolution titled "Applicability of the Geneva Convention... to the
Occupied Palestinian Territory..." was adopted by a vote of 154 - 5 - 8.
Canada, Israel, Marshall Islands, Micronesia, and the U.S. voted 'No'
https://t.co/xDAeS9K1kW
