Capital Management : You should have sufficient capital to trade. Most of the traders lose money because they don’t have proper capital management. They want to make 10K per day with 20K capital. This can be 1 or 2 days, but not possibly every day. In the long run, you will lose all your capital. So, Capital Management is the key of success in trading. Capital Management helps you to emotion free trade. We strictly follow our capital management rule. We never over leverage. Always under leverage. Uncontrolled emotions are the primary reason for loss money in the stock market. You can’t control your emotion by over leverage. So if you want to control your emotion. You should have always under leveraged during your trade.
Risk Management : Risk Management is very important. Similarly, capital management, we strictly follow risk management. We do not use Stop loss in our trade. We do not believe in Stop loss because in like this trading one day, TGT hit and another day SL day and end of the month all balance. The trader just gains Headache, nothing else. But that doesn’t mean we don’t follow risk management. We have our Trade Management System that helps to manage risk and convert to loss-making trades into a profit by using special Trade management which is based on Advance Options. We protect our capital by hedging with our special hedging techniques when needed.
Patience : You need to be patience in trading. You have to give time to your trade. Wealth is not built in a day or week. It is slowly accumulated systematic way. We don’t restrict our trade to in any time frame. We allow for our trade to take its time. Always keep in mind that how much will be a time frame of your trade bigger, it will have more probability to win [That’s why Intraday trading is calling gambling and most of the traders lose in it but mostly investors make money].
Fundamental Analysis : Always Long fundamentally strong stock and short fundamentally weak stock. We have our tested method for fundamental analysis.
Technical Analysis : Always Long a fundamentally strong stock at SUPPORT LEVEL & Short a fundamentally weak stock at RESISTANCE LEVEL. We have a technical setup for finding support and resistance.
Trading Plan : You should have a strong reason to enter into a trade. Why you are entering into a trade, it should be clear in your mind. It is the most important factor in trading. That’s why most traders lose money after knowing fundamental and technical analysis because they always hurry to enter into a trade. So first Plan a Trade, then Trade that Plan.
Discipline : While Trading discipline needs to be exercised at all times and sometimes not. When you are wrong, you should strongly stick with discipline. You must develop a discipline to stick a strategy and follow it.
Real Trade: It is the most important factor. As you know, the smart, nifty trader is not any advice or tips providing company. The smart, nifty trader is a team of real traders. We are self doing trade so we can understand the traders’ emotion, fear and greed.