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Must Read for Traders chasing Trading Setups.

I started my Trading and Investing Career around 2007 , at a Sub Brokers Office which had 2 computer operators punching trades for clients and a group of Traders & learnt these lessons.

1. Most traders were speculators, the only traded figures they called “ Aaakda “ or “ Sekdaa “ meaning figures or random numbers.

2. They Didn’t look at the charts or didn’t have any sophisticated tools just pure speculation, but they were good at it.

3. They remembered the previous high previous lows support , resistance levels, by heart at any given time.

And that’s how they made money consistently. However, the ones who were very aggressive, indeed made good money, but when the time was not good markets turned against them , they lost it all.

This was a lesson for me, it’s not just your trading set up. It’s your mindset and your risk management that will help you in Trading.

Trading set ups are just 1% or 2% of your total trading journey. Substantial weightage has to be given to Risk Management and position sizing.

How is your journey started or are you looking to start your journey, comment, below and share your thoughts.

Aapka Apna

Sharebazaarwala