trading types: scalping, intraday/day trading, swing, positional our focus would be:day/intraday
trading: a skillset, takes time to develop, can develop with practise.
trading is maths: bigger winners, small losers
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characterstics of candlesticks:
bahot sari cheezein jaan ke koi fayda nahi hai
simple tarike se kam karenge
higher high
lower low
inside candle : low volatile candle/day
outside candle : high volatile candle/day
trending candle: closed above previous candle high
bahot sare knowledge leke kya karoge
simple, minimal chizen use karke hum kaam karenge
jyada hota hai toh log over confidence ho jate hai aur hota kuch nahi hai
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fudamental analysis of market:
bullish, bearish, sideways
sectors and their stocks: must know as needs in analysis in future
3g analysis: BMI, Sector, stock
homework: must know which stock is which sector as needed for 3g analysis:
nifty auto
nifty bank
nifty fmcg
nifty healthcare
nifty IT
nifty media
nifty metal
nifty pharma
nifty reality
nifty consumer durable
nifty oil and gas
10 years learning gist=> patience and discipline is the only: holygrail of trading
fudamentals/basics : jitna clear hoga utna acha, practise fundamentals
Mantra: simple, focused, clarity
focus on the process, not the outcome
trading is 80% psychology
biggest issues in trading fear and greed : say NO greed, then can survive in market for long term.
300-500 rupees please give food items to poor people
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