Who I am Right now is " I am a Greedy person, compulsive trader, proving person, manipulator, Independent, non acceptor, not touch with reality, ready to book losses saying it is normal to book losses- losses happens, too good looking to myself. Inauthentic, out Integrity person, life/trading is like this I am incapable to change anything, emotional Trader.
Occurrence
- Disciplined, Extra ordinary Technical Trader
- Asset multiplier
- Stubborn Profit maker
- I am profit Booker 08 out of 10 Trades
Mastery in Trade
- I am Identifying scrips based on formulas.
- Formulas are M1, M2, Magic Breakout and D2 only.
- I successfully enter into trade every time with patients, where I need to enter that too on time.
- Before Entry I check the Exit point and calculate whether It is ok for me to take the profit, non profit Ratio. If it is ok then only I am trading.
- I reverse once only.
- As and when I am present that I have entered "out of formula" In case of out of formula Entry, In spite of the situation/Reason why I entered into such trade.
- I should Book the profit whatever Available.
- I should come out Instantly.
- When Trade going against the profit Direction.
- Re check the chart/Formula? Entry point. Whether there is any formula target has been achieved.
- Check for SL/Reversal order.
- I have to stick to the monthly lot size for the whole month.
- When a profit turns loss and it is coming back to profit then just book the profit and do not wait for your original target.
- Minimise the physical presence in front of the PC after 11 o'clock.
- As your First target hits make a trial profit order and shut that script out of your screen.
- Take care of profit protection order. Profit will take care of me. Choose increased profit, Profit will automatically choose you.
- See what market is offering. Certainly the market will give you whatever you want.
- Get the confirm signal. wait for 15 minutes then Enter.
- In case profit protection order gets hit Be vigilant and Increase the profit that Day itself.
- Enter in a perfect formula only.
- Authentically See yourself why do you want to trade that moment., is because you are free or there is a push/urge to do trade or Really there is a Trading opportunity you identified or to increase the profit (Greedy).
- When Entering in case of Buy the present day high should be Broken, In case of sell the present day low should be Broken.
- Trade the Nifty when it opens Between 28 to 32 points difference or M1 & M2 , Strong magic Breakout, D2 conditions.
- In case there are long spikes at the start of the market or at the middle do not trade.
- In case If I am hesitant to give a call to anyone then do not trade on such calls.
- In case I have made 10% profit do not trade on the next day.
- In case on a trading or when I haven't traded on a any day there may be some good moments has happened which I might have missed, In that case I should stop trading further on that day or on next day (it is quit natural to compensate that i might over trade, everything seems profitable trades.
- If I have fought or Disagreement with my wife or myself until I get complete with my wife or myself. Then switch on the pc, only after clear completion.
- Before Entering the trade confirm the Exit points.
- If I could not entered for any reason
(i) Do not trade in the same script (there is always a hangover syndrome)
- See myself searching other things to compensate the possible profit or loss. In that case do stop the pc.
- Get complete about it "fully".
- Stick to the formula for profit protection order when you are not sure of anything.
- In case of huge loss then what is expected acceptable to you. Please do not trade for two days.
- Trade after doing Direct access every day.
- Check the DIR before entering the trade.
- Stick to both profit and profit protection only.
- After entering the trade when I feel something is not in favour of the trade plan. I exit at that moment itself. After clear trend emerge then I enter into the trade.
- Check the inputs myself is there is any opportunity/possibility to enter the trade. And check whether there is any target achieved through other formulas.
- I am seeing the market through four formulas M1,M2,Magic breakout & D2.
- Speak to myself as a third reason about the scripts and broader market and give comparison study that will enlightens about the trend.
- I go in depth on all the formulas improvise on the formulas.
- I check the scripts on different time intervals before the entry.
- Analyse on all the trades at the end of the trade with Arthi.
- I let the profit runs/increase and I accumulate then.
- When the trade is profit running consider it has shown Rs.10,000 then my profit protection order is at Rs.5000 points.
- On completion of each profit booking pamper myself with anything music, fruits, snacks.,etc.
- Switch on the monitor after 15 minutes on successfully hiking the target/booking profit.
- Check why I want the profit to run whether ;
- To cover the loss on
- Greedy
- Really there is possibility present.