What pivotal moments or experiences shaped your journey to success? Can you recount a particular event or realization that set you on your path?
What pivotal moments or experiences shaped your journey to success? Can you recount a particular event or realization that set you on your path?
Every journey is marked by obstacles. What were some significant challenges you faced along the way, and how did you overcome them? Conversely, what are some moments of triumph that stand out to you?
I started my trading in 2016 after completing my course. At that time I was too overconfident that okay now I have learned everything and its too easy to make profits from share market and I will earn good money. But I was totally wrong. I just jumped into the ocean without learning how to swim. I incurred losses for a year because I did not follow any proper discipline and did not manage my risk to reward ratio.
Then I confronted my Guru from whom I learned trading. He gave me four important tips and I follow those tips till date.
Firstly, write down all your Mistakes everyday in a book
Patience is the most important thing while trading in share market. You should not just move with the market. You need to wait for the time you get your trade.
No overtrading take only 3 trades in a day and if you earn profits in your 1st trade itself then just shut down your PC or laptop and sleep for the day.
Managing Risk to Reward ratio
I just hammered these 4 tips in my head and kept following it and slowly i turned into a profitable trader.
