Trading is an “ART” – Learn It !

My experience says –  “Trading is an ART”. Improve your skills. To get success in Trading, Hardwork and Smart work is imp !!

Dont Blame the Luck !!

Don’t jump into trade and wait for right setup – right signal- right time..

Never forget Basics !!

Basics are imp – Identify Trend (Dow theory) !! – Trendlines – Support/ Resistance – diversions !! then take the call accordingly !!

Decide RIsk reward Before taking the trade not after taking the trade !!

And do min trades !! With higher RR !!

And imp point – Take out time to  keep learning/ keep reading articles/ books don’t stick to 1 strategy.. Markets keeps on changing every min !!

Thanks

Sid

Disclaimer

I’m not a SEBI Registered Investment Advisor. Above Views are only for Educational Purpose. Equity, Commodity & Currency Trading has large potential rewards, but also Large Potential Risk. You must be aware of the risk and willing to accept them in order to invest in the markets. Don’t trade with the money you can’t afford to lose. This page is neither a solicitation nor an offer to acquire/sell any script. Please consult your financial advisor to take appropriate investments as per your risk profile. The past performance of any investments is not an indication for future returns.


Comments

4 responses to “Trading is an “ART” – Learn It !”

  1. What’s about BEML , Bollinger squeeze since last 6 days , guess breakout???

    1. Siddharth Thapar Avatar
      Siddharth Thapar

      @ Himesh – Not yet !! watchful !! Its in tight range !! can break too

  2. I have position in maruti as per your chart view , 10 lot 7800 PE @ 24 ….

    1. Siddharth Thapar Avatar
      Siddharth Thapar

      See Though 7800 is OTM Put But my view is still Bearish ! If u want to control the risk now ! If tomorrow it opens lower, than I prefer U should sell Put too at around 7500 Levels.. it will become debit spread !! After that if it’s bounce you will not loose much and in case it cracks then also you will be safe !! Options is all together a different ball game!
      Keep an eye next 3-4 days are very crucial.. make or break time !!

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