Trade for Living – Dream of Millions of Traders

At the end of day only result matter, no body will care about lame excuses.

After Starting Technical Batches in July 2018, I never thought that my learning and teaching can put so much impact on participants life. Last 8 months all participants did hard-work and now I can see the result, one of TA-1 Batch participant is now Trading for living.

In market Result you will get only when you filter out Noise and be stick to you plans, to your rules. All traders have their own rules, it’s depends on their risk appetite, like I never take trade on Event day, Events like RBI policy, Election result, or Quarterly result.  I have my own rules, What your’s?

Once you start learning Market, Practicing on daily basis then you will get you own rules, Following someone is good thing, but is that person worth to follow ? This answer you will get only after result and believe me sometime it may take years for the result, till then you have to be patience and continue to practice.

There are 70 kinds of technical Patterns and more then 150 different kinds of Technical Indicators , but which one to choose ? No one can give you answer to this, it’s all about your experience in market, the more you practice the more you can filter out noise from market.

Like I stopped using Technical Indicator in 2015 and fully focused on Technical Patterns, and after learning it thoroughly and applying some of modifications I can say “YES” it’s worth to take trades in any market conditions.

Same rules I am applying in my teaching, Focus on powerful Patterns and wait for proper Price Breakout and Rest let market do the talking. It may take 4-7 months for proper understanding of technical pattern in market, that’s how I teach, First 2-3 months learning then next 2-3 months for doubts. After that you can start trading in market.

Everything started with TA-1 Batch ( July -September 2018), the result is awesome.

1. Nikita starts trading for living.
2. In January 2019, 7 participants from TA-1 Batch selected in Internship Program. (Internship Program is for Technical Participants only).

Many Participants are also doing good job by taking trades as per their Risk Appetite. But Nikita Did well by taking a step ahead of all of them. It took 6 months for learning market and clearing  doubts, and after 6 months Result is in front of you all.

January 2019 = Loss of Rs. 304

February 2019 = Profit of Rs. 12573, Lost 45k due to Balakot Airstrike news, Gained some confidence and started again.

March 2019 = Profit of Rs. 153419, All profit of March month is like she learnt Technical Analysis on very good note. (Margin Used 5 Lakh).

Do “n” number of mistakes in your learning phase but when it comes to Real trades then focus on your rules and maintain Patience in market.

As she already decided in December to quit the job and focus only on trading, but somehow she missed confidence for taking this step, I said focus on what you like rest all leave on your handwork, if you really did Hard-work then keep patience.

A Brief History of Nikita, How she move from Fundamental to Technical: Quora Anwser

There is a good Poetry from movie “Gully Boy”. It will give you an idea to think differently from others, stop doing what all are doing, do something new and give some time to get some result, Don’t judge a trader by only one trade, Judge as per their long experience and their rules.

Ek hi rashta jispe chup chap sar ko jhukaye hue
Band aankhen kiye log chalte hai saare janam
Jaante bhi nahi, sochte bhi nahi, puchte bhi nahi
Unko ye rashta lekar kahin jayega?
Ya kahin bhi nahi?

Chalte chalte kahin ek mode aata hai
Sidhe rashte se bilkul alag
Koi deewana hi hota hai jo udhar jata hai
Warna baaki toh sab sidhe rashte pe hi
Aab we saare janam chalte hai
Sir jhukaye hue band aankhein kiye aur yeh dukh liye
Mode jo dekha tha uspe mudd jaate hum
Toh najaane kahan tak pahunch paate hum

Now I will share all the trades which she took in month of March. All charts of Equity SPOT price, Buy/Sell price in Trading ledger included Brokerage, Charges.

1. Jubilant food March 5, 2019 Sell @ 1274.50 Buy: 1248 SL: 1298 https://invst.ly/a77tn trade closed SL hit
2. HDFC Bank  https://invst.ly/ade23
3. March 8, 2019 Sell @ 719 T1: 701 SL: 728 https://invst.ly/a8hj- (hourly)  & https://invst.ly/a8i1l (Daily Basis).
4. Reliance Industries Buy @ 1290 Sell: 1315 (thought target was 1335) (2 hr charts) https://invst.ly/a9xjh
5. NCC Buy @ 100.50 Tgt: 110; 114 & 117; I Bought on March 7, 2019 @ 100.50 Sold at 101.50 on March 13, 2019; again purchased at 104 & Sold at 107.50 (qty: 8000 per lot) https://invst.ly/a9xj5
6. Bata  Buy @ 1341 Sell @ 1355 ; booked this one in Intra day. First time traded on within channel. https://invst.ly/al4n8
7. Havells Buy @ 760 Sell @ 750.. My mistake… My target worked at 780…however the stock touched 778 & then reversed. I ended up booking loss. https://invst.ly/aa73x
8. Infosys Sell @ 719  Daily charts:  https://invst.ly/aa78a Daily Charts H&S: https://invst.ly/aa78p. How I fucked myself up https://invst.ly/ab8zs
9. United Spirits: Buy @ 590 Sell @ 592. I exited before the target of 600 as it was testing my patience, esp. when markets are at record high  https://invst.ly/aae4m
10. Page Industries: BTST trade, my 2nd trade on buying at support lines https://invst.ly/aaf1s
11. Havells Selling at resistance: https://invst.ly/aafc6
12. Bajaj Finance: https://invst.ly/aafdd killed me
13. CanFin Homes: https://invst.ly/ab8vy
14. Mind Tree: More of an announcement buy https://invst.ly/ab933 Lesson learnt: Better to avoid ‘NOISY’ trades
15. United Spirits:  I was trying to trade on buying at support lines: https://invst.ly/abnep
16. M&M : https://invst.ly/ade18
17. Titan: https://invst.ly/ads9s
18. RBL Bank: I took this trade basis the symmetrical I drew, thereafter i checked with guruji for some other chart, basis which i realized the trend-line is not proper..https://invst.ly/ae4id. Then I saw the channel in this movement. https://invst.ly/ae4mu; So waited and then exited at 665. https://invst.ly/ae4nj . However my wrong charts (symmetrical), coincidentally made to the targets…lol https://invst.ly/ae4jt (that was plain  coincidence nothing else)
19. CanFin Homes: https://invst.ly/ae4po
20. Bajaj Finance: https://invst.ly/ae4r2
21. NCC Ltd. https://invst.ly/ae4tc
22. Manappuram : https://invst.ly/aeikq

Mannapuram: I booked losses on March 28, 2019, so went back and saw the charts again…i realized the channel was not proper the earlier day… the revised charts are https://invst.ly/aewl2 Also what convinced me was https://invst.ly/aewli.

Just think if a person can make profit in High volatile phase ( VIX above 20) then what he/she can do in stable Market.

That’s all from my side. It’s good to check learning process of your student, even sometimes I learn many new things from all these things. Never stop Learning, & Never expect to get rich in quick-time.