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 ,

try to learn from gopd traders around you , the day you stop learning , you're dead. Never hesitate to ask queries to your friends/seniors/juniors. Always be curious to explore new things. Learning is a never ending process that will keep your mind alive and working.

2. Dont Try To Copy Anyone -
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.

Comparison will always lead to disappointment , if you ever feel to compare , compare with someone who is doing lesser than you. Everyone is unique , try to find your edge and work without thinking of what others are doing or what anyone will say. Just focus on what you are doing

3. Never loose more than X% of your capital in a single go -

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.

Meet @FlamingoTrader_ A 20-year-old upcoming trader from Gujarat. Also his strategy. He mostly trades in BTST and sometimes in STBT

He read many books, and reports and is using Darvas Box Theory.

Here are some notes ( with my limited understanding)

Strategy

a) Finds 52 Week High Stocks
b) or stocks that Doubled in year
c) Volume Should be High - 20 ma of Vol
d) Darvas Box - Indicator or Manual

e) If stock Makes High, Then doesn’t break high for 3 days or more, Then makes low and doesn’t break for 3 days or more. It doesn't break low considering the first candle low as low. It's called Darvas box.

f) Whichever side breakout comes, is called Darvas Box Breakout.

g) Also sees Japanese Candlesticks, it increases breakout.
h) At 3.10 to 3.20 closing should be outside the box.
i) Also consider Bollinger Band Breakout
j) Also consider Market Trend

Simple, but it works for him. You can ask if you have any queries to him,