[00:37] [Intro] Hi there Guys, Welcome Back. This is Kishore here, Founder & CEO of Trade Achievers
[00:50] This is an Important Video, So Many started to ask doubts from the Last Video about Money & Risk Management
[01:03] Not only from Youtube but also from our students, stating that "then should we have minimum 5 Lakhs to Trade?" This video is a about the clarification and what can we do about it
[01:18] Another set of questions were, i have minimum fund of 50k, so then can we not enter the market if we don`t have 5 Lakhs, so i`ll be addressing all these doubts today
[01:30] What i tried to say is Risk & Money Management for Investors. So when you plan to Invest, the previous said Fund would be a Healthy Investment Plan.
[01:42] So then, surely not everyone will have 5 Lakhs Worth of fund So when coming up from a middle class, they can have minimum of 50k only, so the previous said Risk Managements wont apply for you. What i said was for purely Investors.
[01:59] We can apply Risk Management for people who only trade. Some even misunderstood that, I am saying not to do Intraday at all. So what i Tried to say was, you can do Intraday. But, learn and do Intraday.
[02:16] What many do is, many don`t know why they traded and then lose, and then they try to catch up the losses and lose everything .
[02:30] After losing, they start to complain that i`ve lost, I took 2000 risk but lost 10K Because of this, I told to avoid Intraday but i didnt say to quit Intraday.
[02:42] Professionals is one who masters the Technical Analysis and Trade. If you use Technicals in daily, you can take your Time to Analyse.
[02:58] If you are Capable to analyse quickly, then you can do Intraday. So i didn't say to Quit Intraday, what i tried to say was to Learn and Trade.
[03:10] So many have this Doubt, that i Have 50k what can i do? Can i Make 500 or 1000 per day? Let this video be an answer to people who seek to make 500/1000 from 50k
[03:31] We can make 500/1000, but we need to follow risk management for that too. So risk management for intraday is, you can keep 2% risk for 50K (i.e) 1000 rupees, so your Target must be 2000 rupees. So 1:2 is the risk management.
[03:48] So you can use this Combination. So then you cant trade with one scrip. so when you plan to do Intraday, as i always say 3 or 4 scrips is maximum for 50k Investment.
[04:03] so if you look different stocks daily, you cant adapt yourself or find the character of that scrip So if you plan to go with 4 scrips like, "SBI, BAJAJ AUTO, BAJAJ FINANCE & RELIANCE" daily
[04:17] In That 4, each scrip will Entry for Intraday. The Thing is that, there is Entry, but are we entering in?. Thats the main Thing you should know.
[04:31] Now let me show the no. of possibilities for Intraday in 3 or 4 scrips so this is Bajaj Auto
[04:47] Ill show yesterday and Today Scenarios, what happened yesterday is? so this was a Trendline If you look here, there is Clear Triangle Pattern.
[05:02] So after the Clear Triangle Pattern, market Broke-Out. So look when there was a break-out, people who were inside this until yesterday, this was a Resistance
[05:17] so all these upper points would have been the resistance, and all these lower points would be the Support. If you look here, morning market broke out with a Gap Up.
[05:30] It broke the Triangle After breaking the Triangle it gave Retest and went up. So people who entered the Retest will be in Good Profits.
[05:43] This is the Difference between Normal Trading and Trading with Patterns. If you can see, the Tool gave 3 level of Targets in the Market.
[05:57] So here it has broken out, after the break out it has given Retest, if you had bought here using the pattern, there are 3 levels of target ranging from 3820-3880
[06:14] We have Exposure for Shares in Intraday. This Exposure is in Equities.
[06:27] They have cut the Exposure in Futures, but we have 4-6 Times of Exposure in Equities based up on Scrips. So if you have 50k, so 5 Times Exposure is 2.5L, so you can get 2.5L worth of shares
[06:44] If you have taken this share at 3820 in Bajaj Auto there is 50 - 60 points of movement so if you calculate it, so overall profit will be around from 1500 - 2000 rupees
[07:01] so even-though the rally is around 500 points, but what we need is around 500 - 1000 rupees so 20/30 points is enough, we should exit with that.
[07:18] we should know that this support & Resistance. next we should know the fib levels of market retest and should be able to find the Targets. So that was yesterday's scenarios, now today
[07:33] There was a Low and Correction here so if you look closely the correction was the Fib retracement was rightly at 61.8%
[07:51] So market came down with a 60% retracement So if you analyze with lowest form of Technicals, that is Candle Sticks, if you look here. There is a Spinning Top here and then it came down. But we can Trade using Fib.
[08:08] Now the Target has Reached Perfectly
[08:21] If you see here, from 3860-3810. There is a 50 Point difference so there is 50 point average Momentum So if you take that 20-30, you`ll be able to make the 500-1000 rupees profit.
[08:37] We can, "But". Only when we know how to... Without Knowledge, Taking a Trade & Saying that, I thought I could make Profit. No. It doesn't work like that. That was Bajaj Auto, I show you another Scrip
[08:52] Yesterday`s Opportunity.... If you use the Fib Level, you can clearly see it has come down and Went up.
[09:07] There is a 30% retracement and then the Market Reverse and goes to the Target. It has finished the First Target Yesterday,
[09:24] And again the Market started to Trend Up. After Closing it went Higher. If you have Taken this Rally, you could`ve made 2000-3000 rupees as Profit.
[09:40] So you could say, I was little fearful during the Market Opening. Ok, then lets see here. If you look here, it came down, gave a little correction and became sideways
[09:53] so its a Clear Double Top if you take the Target from double Top to Neckline, can you see the Target Reached.
[10:07] The Target is Achieved Exactly at the Bottom. SO the Previous Line of Support and the Target is Matched This was the Previous line of Support and it has reached to that Support Again. And the Market also gave the Target for that.
[10:30] If you look today it went up and gave Correction. Now its rightly at the previous Line of Resistance
[10:43] So you had an Opportunity here too Next we`ll go for Reliance Industries
[10:55] For the Past 2-3 Days, we can easily say that this was in Sideways Market. So if you look, the Top was 2400 and bottom was 2360, reliance was travelling in that 30-40 points range.
[11:17] If you were doing Range Bound Trading, you could`ve gone for Sell at the Top and Buy at the Bottom. This is what you call a Range Bound Trading
[11:29] In Range Bound Trading everyone knows that you should buy at the Bottom in sideways So if you missed to buy at bottom, its okay. You Could`ve bought when it breaks the Sideways (Previous High)
[11:43] So you missed there, ok. What Happened in Today`s Market? It was a Clear Head & Shoulder Patter.
[11:55] After the Pattern, the Market Achieved the Pattern`s Target too Everything,... Market Works according to a Structure. First There was sideways, after that, Trend Started, then a Pattern Formed and it gave the Target for the Pattern too.
[12:12] So we can do Intraday and we can be able to make 500-1000 rupees too and professionalism
[12:25] It won`t work like you analyze in Daily Time Frame We have to be Ready to analyze at the Go and put the Trades Lets look at another Scrip
[12:40] we said in last video from me and from Deepak sir too. That the nifty Target will be from 17700-17800
[12:55] Correctly today`s high was 17792 You missed the Target, at least you could`ve used the Correction.
[13:07] It formed a Triangle, after Forming It Came down, after that it came up and gave correction. Look what happened here.
[13:24] if you put Target for the Correction, 2nd Target is Achieved. If you had taken the trade in 17700 in Nifty 50, from there it came down until 17565 We had almost 150 points rally.
[13:42] so opportunities are there This is SBI Life, lets see what happened today.
[13:57] If you can see the market respects the Trendline every time. After Respecting the Trendline, it Broke out, look what happened next is.. after breaking out, where it came again, and why it should come here??
[14:15] If you do Technicals clearly...... look where it is. That is what we call it as a Retest. So retracement Traders can use the Fib tool and find out that they can buy here.
[14:31] If you buy there, you can catch up the same 500-1000/2000 rupees But the Thing is, if you put the Stop Loss correctly and Trade. It will be Better. Follow the Risk Management properly, my suggestion for 50K is 2% risk.
[14:48] and 2000 rupees is Target. If you keep 500 rupees risk for each scrip and 1000 rupees target for each scrip. Then overall Target is 3000 rupees which is well & Good. The Thing is, its not that. You can`t do. You can. But Learn & do it.
[15:06] You ask yourself a Question, do you know why are you taking a Particular Trade?? many say that I want to do Intraday, but I don't why I took. ok you do..
[15:18] They say that, "I Thought it will go up or it will go down" That's why many are losing. First thing is, you have to know. Why you are Taking a Trade?
[15:34] My Conclusion, to the Question. "Can you make Profits in Intraday?" is. Yes you Can. But you can make profits, only when you know what you're doing and how you`re doing it. The Only thing the Market Respects is Technical Analysis.
[15:50] You can learn that and Trade. You`ll be able make good Profits. Because many got Confused. They thought, we can Trade only when we 5 Lakhs or 10 Lakhs.
[16:02] We can make Profits, In Intraday, in Swing Trading and In Investments too. These 3 People have the same goal that is Profits The Thing is How we are going to Reach the Goal? Is it by Intraday? or Swing Trading? or Investments?
[16:18] To drive the 3 different Vehicles, they should have experience for each Vehicle If one knows to Drive Cycle, Drive Cycle If one knows to Drive Bike, Drive Bike
[16:31] If one thinks that they can drive Car Fastly, that is Intraday. Drive Carefully. If you know to drive Cycle only, don't try to Drive the Car. That's what I was Trying to say in Last video too. But it didn't Convey Properly.
[16:48] Intraday Can be done with Proper Technicals and Professionalism, which will give you Profits in Anything. Or it can be Investments. That's why I made this Video.
[17:03] If you wanna learn about these, we at Trade Achievers people on How to Trade. We Teach 14 Subject of Technical Analysis, It can Fib or.. It Can be Support & Resistance or it can Trend
[17:19] we`ll be able to make profits only when we know about this. So if you gonna do Intraday, you should know the Daily movement of each stocks If SBI will move only 10 points/day, you can`t try make 50 points profits in Intraday in SBI.
[17:36] we Teach People, how much points will it move in a Particular stock through Technicals and Movement Sheets. If you wanna Learn about all these, call the Number in the Scroll. They`ll give you all the Details.
[17:54] Our Class start from Coming Monday at Chennai, Coimbatore & Bangalore If you cant visit these 3 Branches, we have Online Classes too If you cant attend online Batches, due to work, we have weekend Batches also on every Saturday.
[18:13] Incase if you need Details, kindly call the number given below or if you want to look at our Classes and Trading Floor, you can come & Have a look at our Place and then Join.
[18:25] So try to Understand the Market and then Trade. Many lose and then think we should`ve learnt about it earlier
[18:38] Once you learn what is Market and these Things, and then you will be Profitable Keep that Mind, Trade Properly. I wish you all Success.
[18:51] I Hope this Video was useful. Thank You very much for Joining in. Take Care.