Many new traders approach me asking how can they become profitable quickly, the key is to develop setup specific procedural memory.

To become a highly profitable active trader understand procedural memory. It is a memory about how to perform a process like swing trading . It is implicit memory and once developed is permanent.
Procedural memory is stored in brain as one schema. So a process involving say 20 steps like entry , exit , stops and so on is not stored as discrete unit but part of one process.
Procedural memory kicks in involuntarily when it senses need for it. If you are driving a car and car way ahead of it slows, you automatically respond. Same thing happens in active trading.
As a trader you need to develop a setup specific procedural memory. If you are trading momentum burst setup you need to develop procedural memory specific to that setup. That memory is very specific
to that task.
To trade another setup like say pullback you need to develop procedural memory specific to that setup. Setup specific memories is the secret of success of highly profitable traders and that is why they stick to their style and setup and not attempt tasks outside of that.
If your setup is fast setup requiring fast entry and exit like say day trading , then procedural memory is even more important. You have to perform the task at speed without thinking too much. Only implicit memory can do this.
Once setup specific memory is developed the cognitive load is significantly lowered and you can do the task effortlessly. This frees up the brain resources. Profitable traders have several hundred task specific procedural memories which they are not implicitly aware.
Once procedural memory is developed for a setup traders can instinctively trade those setups without thinking about individual processes or steps involved in that setup. They are not conscious of the steps. This is why many good traders can not consciously explain their trading
Research on procedural memory development shows there are many ways bsides practising a process that builds procedural memory . Watching other perform a process vicariously can help develop procedural memory. Some procedural memories are developed with single trial of few trials.
As a final thought remember that you make money in any profession using your procedural memories. Higher the level of skills you have in your chosen profession higher will be your earnings. Skills or your procedural memories make you money knowledge does not. Think about it.
My blog article about procedural memory
https://t.co/AvOmQuhjUe

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..ताकि उस समय हम जीवन-मरण से जुड़े सभी सत्य जान सकें और मृत्यु के कारण बिछडने वाले सदस्य का दुख कम हो सके।
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12 TRADING SETUPS which experts are using.

These setups I found from the following 4 accounts:

1. @Pathik_Trader
2. @sourabhsiso19
3. @ITRADE191
4. @DillikiBiili

Share for the benefit of everyone.

Here are the setups from @Pathik_Trader Sir first.

1. Open Drive (Intraday Setup explained)


Bactesting results of Open Drive


2. Two Price Action setups to get good long side trade for intraday.

1. PDC Acts as Support
2. PDH Acts as


Example of PDC/PDH Setup given
1

From today, we will memorize the names of 27 Nakshatras in Vedic Jyotish to never forget in life.

I will write 4 names. Repeat them in SAME sequence twice in morning, noon, evening. Each day, revise new names + recall all previously learnt names.

Pls RT if you are in.

2

Today's Nakshatras are:-

1. Ashwini - अश्विनी

2. Bharani - भरणी

3. Krittika - कृत्तिका

4. Rohini - रोहिणी

Ashwini - अश्विनी is the FIRST Nakshatra.

Repeat these names TWICE now, tomorrow morning, noon and evening. Like this tweet if you have revised 8 times as told.

3

Today's Nakshatras are:-

5. Mrigashira - मृगशिरा

6. Ardra - आर्द्रा

7. Punarvasu - पुनर्वसु

8. Pushya - पुष्य

First recall previously learnt Nakshatras twice. Then recite these TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet only after doing so.

4

Today's Nakshatras are:-

9. Ashlesha - अश्लेषा

10. Magha - मघा

11. Purvaphalguni - पूर्वाफाल्गुनी

12. Uttaraphalguni - उत्तराफाल्गुनी

Purva means that comes before (P se Purva, P se pehele), and Uttara comes later.

Read next tweet too.

5

Purva, Uttara prefixes come in other Nakshatras too. Purva= pehele wala. Remember.

First recall previously learnt 8 Nakshatras twice. Then recite those in Tweet #4 TWICE now, tomorrow morning, noon & evening in SAME order. Like this tweet if you have read Tweets #4 & 5, both.