[00:01] strategies in the world. And many people blame the market for this. But the legendary trader Jesse Livermore says that there is
[00:16] There is no bear side. And how to reach that right side, What mistakes are you making?
[00:28] We will understand this in detail. So the first reason why you are not able to earn money from intraday trading is that intraday traders think that they
[00:40] And if they catch the momentum at the right place, then Do you know why the legendary traders only do intraday They do this because they know the entire trade structure
[00:56] That means they know at what level the stock generally For example, there was a stock which I knew that it moves
[01:08] I am not talking about intraday move. But generally, I had an idea that it moves at this price. for me to trade.
[01:23] But the stock that I am talking about has broken this level. And as soon as it broke this level, its price has come down Which stock can it be?
[01:37] So what I mean to say is that the stock you are trading in, you have to keep all the information related to that stock. You should know if there is any corporate action announced
[01:51] What is the history of that stock? trade structure will be very strong. do this, that today they can see that the price of this
[02:06] Tomorrow its price is increasing, so they buy this one. So in this case, if there is any sudden change in that stock, then you can lose a lot of your capital in it.
[02:19] So if you are new, then try to trade only in some specific And keep good information about them. By the way, do comment here and tell me which stock do you
[02:34] The second reason because of which you are not able to earn money from trading, is ignoring the trading constitution. So in the trading constitution, the first thing that comes
[02:47] Now when you have selected a stock, then according to which For example, in the trading constitution, where do you want Where do you want to take your target?
[03:02] The second thing is how to decide the right trading hours. And the third thing is that in one day, how much total loss
[03:14] There are many such basic things in your trading If you go against this, then you will get a punishment. In simple language, the trading constitution is a blueprint
[03:30] by following which rules you can earn money from trading. more thing. I say this every time.
[03:42] Because in the trading journal, you will mention all the With this, you will know about your weak areas. your strategies.
[03:58] you also mention that if you had decided earlier that your But it is possible that looking at the market, you felt And you sold the stock at ₹ 85.
[04:13] your stop loss. So why did you do this? journal.
[04:26] Otherwise, you will make the same mistake again and again. trading journal, then you have to write the justification For example, suppose you bought a stock for ₹ 100.
[04:42] This is just an example. should have changed your stop loss to ₹ 75.
[04:54] You have to mention this in your trading journal. profit or your loss increased. By the way, if you like our video so far, then do hit the
[05:11] Because if you don't subscribe, then you might not be Now the third reason because of which you are unable to
[05:23] your money in trading at once. Now some of you will say that I don't make this mistake. So it is possible that you follow this rule.
[05:38] If you invest, then you are making a big mistake. you lose your emotional control. And especially in the beginning, you don't have to invest
[05:53] But if you follow this rule, then you have to keep in mind that if you start making losses, then the biggest mistake people make there is that they start averaging.
[06:05] making a loss of ₹ 2,000, then you think that the price has So now you will invest ₹ 10,000 more. investment has increased.
[06:20] losses because your capital has increased. time and earlier you had invested ₹ 20,000 and to average So in this case, it is possible that no matter how much
[06:35] Keep in mind that if you are making a loss in any trade, And if you invest more money to save that trade, then it again.
[06:50] Don't invest all your capital in the same trade neither Now the next reason, because of this, traders make their
[07:02] And I have complete faith that many of you would have made And that mistake is panicking. actually helping those traders.
[07:17] Always remember one thing, that the profit goes to the patient trader instead of the panicked trader. It will go to the patient trader.
[07:32] this that you will get profit or you will lose money. time, you make the biggest mistake in trading.
[07:44] Many times, you hold your loss for a long time. should have mentioned in your trading constitution and you
[07:57] And then you understand that now you will say that I don't When I am sitting with a trade and the situation there is So you are absolutely right.
[08:11] maybe you would have panicked less and could have been So you have to prepare for every situation in advance. And how will you be able to make the trading constitution
[08:26] So all these things are interconnected with each other. Do tell me by commenting so that other people can also trading, then I have given you some good Demat account
[08:42] So do check the description. earn money from trading is strategy hopping. So it means changing your strategy again and again.
[08:58] He does this when he feels that this strategy is not But the thing to note here is that no strategy works in all There may be a strategy that works in the bear market, but
[09:13] the sideways market. He will notice that this strategy works in the bearish strategy at that time.
[09:28] They see that yesterday this strategy worked, today it did Now let's go find another strategy. One day I saw it working, so I used it.
[09:42] Then I caught the third strategy, tried it. It means you keep moving in new strategies again and again. You have to practice those strategies well.
[09:55] be able to catch it in trading. By the way, let me clear one thing here that many times it is possible that you genuinely need to change the strategy.
[10:08] by making a few changes, the strategy becomes more accurate. make a few changes in that strategy and check it.
[10:22] earn money from trading, So here you can see the Nifty chart. First of all, there was a gap opening in the market.
[10:36] And after that, the market kept falling all day. Now in such a situation, the trader who would not have put any stop loss, would not have taken any target in mind and
[10:49] let's say he did a short sell here or let's say he would So after that, the price kept falling and even in our telling that they had put Rs 2,000 and it became Rs 50,000,
[11:05] Now see, it is a good thing that they benefited. This is because the people who have made such a big profit
[11:17] If instead of this, the market suddenly went up, then all But think that we have seen such a big movement, there was Secondly, the people who have made such a big profit, they
[11:33] any target, but a wrong example has been set in front of So now today, the Rs 2,000, Rs 50,000 that they have made, have taken a trade of Rs 50,000 and after taking the trade,
[11:50] have made a profit up to this point and after that, they must have seen a loss. the good money that is made from the market, it is made by
[12:04] So always keep in mind that you should never have such unrealistic expectations in the market and focus on the If you get into such a profit, then you will also see such
[12:17] And most of the days, because the market moves in this way, profit for many days and because there is a loss for many will be in a loss.
[12:32] Now the next and a very big mistake is that traders don't Look, everyone knows how to win, but losing is also very called a trader.
[12:46] have a loss. Loss is a part of trading. to learn to accept the loss.
[12:58] But keep in mind that loss is of two types. One is the loss that happened by mistake of the market. market took an unexpected move, then that loss is not that
[13:13] If the loss is due to your mistake, you didn't apply the You changed the stop loss again and again, that's why it's
[13:25] why you took the wrong decision, that's why it's happening. don't treat it. So if you want to earn money from intraday trading, then
[13:40] trading. loss so that you can stay in overall profit. comments.
[13:54] To watch more videos like this, do subscribe to the channel. And if you want to learn about intraday trading in detail, Do watch this playlist.
[14:08] Thank you!