By Shweta Roy  March 01, 2023

It’s overwhelming to be consumed by knowledge. Instead, focus on your strengths and strive to become stronger in your existing abilities. Utilizing past knowledge is more effective than constantly pursuing new information. To gain confidence, the key is to conquer your fears.

Here I share with you a few common facets.

1. It’s important not to view the stock market as a treasure trove, but rather as a battleground where buyers and sellers are constantly competing. It’s crucial to prioritize safety and approach trading as if you were in a warzone, with the goal of protecting your capital.
2. While it may be tempting to rely solely on luck and ignore stop-loss orders, it’s important to remember that even profitable trades can turn sour. Treat your money as a weapon and don’t squander it recklessly.
3. To become a successful trader, it’s essential to invest time and effort into learning the intricacies of the market. Avoid being lured in by simple, illogical strategies, and instead focus on practicing and experimenting in a demo environment for at least 2-3 months.
4. Staying informed about recent news and events related to a particular stock or instrument is also crucial in making informed trades.
5. It’s important not to let emotions take control when day trading. If you’re experiencing continuous losses, it’s best to step back and take a break. Additionally, if day trading is not suitable for you, consider exploring other options such as futures or options.
6. Avoid the temptation to trade aggressively, and instead aim for a realistic target return on investment of 2-5% per month for day traders or up to 20% per year for long-term investors.
7. Lastly, if you achieve your monthly target early, it’s wise to avoid trading until a favorable opportunity presents itself.

Key Strategy for Long Term Investing

Becoming an investor instead of a speculator is a challenging decision. Contrary to popular belief, one doesn’t need a large sum of money to invest. Saving a portion of your income each month is a crucial first step towards investing in the stock market.

Investments offer a valuable opportunity to benefit from the power of compounding, which can work wonders over time. For example, an initial investment of 2000 ₨ can grow to 1,00000 ₨ after 40 years at a 10% annual return rate.

Investing money can help you achieve your long-term financial goals, with time being a critical factor in the power of compounding. Consider investing 2000 ₨ initially and adding 100 ₨ every month at a 10% annual return rate. Over time, your investment could grow to 10,00000 ₨, increasing tenfold.

It’s important to remember that investing comes with both risks and rewards. However, by learning how to identify promising companies, you may end up with stocks that increase in value ten or even twelve times over.

How to make strategy to get Profit

In this discussion, I will introduce a straightforward and profitable trading strategy that requires nothing but discipline and patience. Adhere to the rules and maintain your risk-reward ratio using the 3 MA and PSAR indicators.

To set up the strategy, you will need a 9 period EMA, 21 period SMA, 45 period SMA, and 0.01 PSAR.

Buy Rules:

1. The 9 period EMA must cross over the 21 period SMA and 45 period SMA in an upward direction, and the price must be above the PSAR.
2. The market should already be in an uptrend (confirm with higher time frame chart, where the price should be above the 45 period MA).
3. Place a stop loss at the previous swing low.
4. Manually set the target when the candle closes below the 45 period simple moving average (MA).
5. Ensure that the moving averages are clearly separated during the crossover, and avoid interfering with it. Wait until the crossover has occurred if the moving averages are not separating clearly.
6. If you possess knowledge about chart patterns, you can combine them to enhance your profits. However, if you are a novice, don’t worry, simply follow the above rule and you will still achieve good profits.(A) Not clear to enter(B) Clear to enterIllustrationFor better understanding, I would like to inform you about the color codes of my moving averages. I have used the 9-period EMA (Exponential Moving Average) in black color, the 21-period MA (Moving Average) in green color, and the 45-period MA in indigo color.Sell setup
   1. When the 9 Period EMA crosses down the 21 Period SMA and 45 Period SMA, and the price is below the PSAR, it’s time to sell.
   2. The market must already be in a downtrend, which can be confirmed by checking the higher timeframe chart where the price should be below the 45 MA.
   3. Set your stop loss to the previous swing high.
   4. As for the target, wait for the candle to close above the 45 Period simple Moving average (MA) and then take it manually.
   5. When the crossover takes place, ensure that the moving averages are clearly separated before taking any action. If they are not, wait after the crossover.
   How to become a long-term InvestorInvesting is a challenging but wise decision compared to speculating.Contrary to popular belief, one doesn’t need a large sum of money to become an investor. Saving a portion of your income every month is also a crucial aspect of investing. By investing, you get the opportunity to benefit from the power of compounding, which is truly remarkable.For example, an investment of 2000 ₨ in the stock market at a 10% annual return can grow to 1,00000 ₨ after 40 years. Investing can help you achieve your long-term financial goals, with time being the key element. The longer your money is invested in the market, the more powerful the compounding effect becomes.Consider an initial investment of 2000 ₨ with a monthly addition of only 100 ₨. At a 10% annual return, this investment could grow to 10,00000 ₨, which is ten times the original investment, over time.

You will have both profit and loss. But if you learn how to identify good companies,you will have some stocks that multiply 10-12 times even more in value. Comprehending the technical framework and acquiring knowledge about the trading process are essential aspects of a transaction that can lead to a respectable profit. Additionally, Top Stock Market Training offer a diverse experience for trading futures and options, forex, and other asset classes. According to the report, investing time and money in training programs has provided participants with a significant advantage in their trading and investing operations.

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