Trading Q&A: Psychology & Strategy — Full Transcript & Summary

[01:06] Hello. Check. Check. Check. Hello. Check. Voice. Hello. Check.

[01:46] Kishar, founder and CEO of Trade Achievers. So first and I think voice and video and so very happy

[02:00] first and thank you for all the overwhelming response. overwhelming response. So, it's going to be a Q&A session.

[02:48] already. I think some One second. We'll

[05:07] Hello. Hello. Check. Check. Check. Hello.

[06:06] blogs. My friend told me with a capital of one lakh rupees, if I make 200 consecutive trades with 2% gain on each, can it grow 52 lakhs? Is this possible in real life? What principle should I follow? Uh all

[06:39] 2,000 next next one and 2,000

[07:12] true I think voice is

[07:32] uh turn on slow mode, sir. Right. Okay.

[08:05] every 1 52 lakhs is your target. Okay. Second 1 52 lakhs is your target. Okay. Second stage, third stage, fifth stage.

[08:27] principle to 100 consistency and losses will also be there. Trading is not about winning. There are losses as well.

[09:11] effort and discipline in trading risk management we have to trade. All right. So

[09:30] target and I made more than 10% of my investment but I cannot control investment but I cannot control emotions. All right.

[09:58] 100 it went to 110 rupees.

[10:10] Profit say would be very

[10:41] Second 12. This is fear of missing

[11:00] Speed thrills but speed kills. Greed thrills but greed kills in trading. The important emotion which plays is greed.

[11:55] trading system should be very proper mindset strategy let's say I trade 1% as my loss and let's say 2% is my take

[12:09] my loss and let's say 2% is my take profit.

[12:21] Right. Take profit in the consistency should be there. Consistency is very important.

[12:39] loss% let's say 100 rupees let's you have kept a stop loss of 99 and you have kept a target of one or 99 and you have kept a target of one or two

[12:54] target 99

[13:37] Mot let's say sprinter Running

[14:11] have two emotions. One is fear and the other one is confidence. So fear losing and confidence should be in winning.

[14:34] 90. Winning side.

[15:51] fear of confidence. This is confidence. It's overconfidence.

[16:51] overidence that is because of lack of system or we can call strategy.

[17:06] point you lack proper strategy

[17:46] knowledge. When you lack knowledge, when you lack proper strategy, what happens route. First

[18:56] Double thousand times thousand times double

[19:13] topic let's say for an instance let's take gold in the gold chart

[19:25] practical 1 minute chart 5 minutes chart 30 minutes 1 hour one

[19:47] Double in the script in the double top. Now I have a proper knowledge.

[20:45] Next. [Music] Okay. So, confidence. Great.

[21:15] we avoid market gaps gap downs? Okay. Uh swing trading gap up gap down. Uh the practical thing is it

[21:30] down. Uh the practical thing is it cannot be Sometimes it can go up to two weeks as well. Gap up and gap down. It's part of

[21:42] the market and technical

[22:00] knowledge. First thing all our subscribers

[23:25] thing one investment that you have to do is

[23:52] indicators we cannot solely depend upon indicators first

[24:15] is one is continuation and the other one is correction.

[25:16] upd coming Tuesday, Sunday, Tuesday evening 7:30 I'm Sunday, Tuesday evening 7:30 I'm planning to take a master

[25:47] planning to keep it on coming Tuesday evening

[26:11] so I That will be very useful for all our subscribers. YouTube. We are going to do it in our trade

[27:19] subscribers. Definitely it'll be useful. So Tuesday evening 7:30 it'll be a very useful session right Q&A session. So we'll go with Q&A

[27:32] So swing trading trading longterm days, five days gap up gap

[28:00] example, next let's say this is 80 and this is 100 95 because market is in a uptrend

[28:15] 95 because market is in a uptrend updren.

[28:42] This is a universal and one more thingap that is because of our market thingap that is because of our market closes 95

[29:14] opening gap up and gap down. But most probably what happens

[29:28] question. Okay. Masterass. Yeah sure. Masterass.

[29:54] Mostly my entry is at retracement after a channel but hitting stop-loss by minor structures forming at the level of retracement. How to avoid retracement. How to avoid it? Mostly my entry is at

[30:09] retracement retracement. um after a channel.

[30:24] forming at the level of retracement. How do I write? Okay. Clear question Mr. What are uh let's

[31:33] target Mr. What first thing is there are certain rules in trading

[32:00] you fine so we'll be trend

[32:23] but what you have to do is first thing is certain is certain rles trade entry is very good channel

[32:38] break that is all well and good certain levels are there stop loss hunting next thing is stop-loss hunting market stop-loss

[32:53] stop-loss hunting market stop-loss [Music]

[33:06] markets. It's very important supply zone level it'll be better. So next demand zone

[33:21] institution certain levels are there there but supply demand

[33:38] certain system first thing is what you have to understand is the system. You have to learn

[35:16] mindset then it'll be very helpful to Mr. Prasad. All right. So I hope that answers the question. Next PLA.

[35:33] Great. Uh Miss Lava Jay US market recession on that time. What about our markets? Uh fine. US

[36:00] Trump aggressive it is very more fast. So recession recession means I talking recession recession means I talking about a great depression major

[36:30] rebound market high possibilities are there. So market high possibilities are there. So this is not a time for

[36:44] See there are certain things we have to understand in the

[36:58] technicals but there are certain things that are beyond technical analysis that are beyond technical analysis beyond technical

[37:24] loss for an instance. Let's say 1,000 stop say 1,000 stop 1,100 950 stop

[37:42] right in the beyond technical in

[37:59] tech that is time. So one who masters time can control the markets to make profits more easier way time.

[38:15] See market time is also a concept um see I am a constant learner as well I have I've been learning about prediction of

[38:43] See I am still a learner on time based analysis time based so based trading and that is what I call

[38:58] so based trading and that is what I call as beyond technical analysis technical

[39:30] thing and I am not into it fully. I'm still learning about it 70% or 60 to 70% still learning about it 70% or 60 to 70% and I am able to master it and studies.

[39:46] So that is also one of the studies which I am

[40:07] Knowledge then it is power of knowledge. So knowledge is something you share.

[40:41] logic 40 minutes. Half an

[41:21] script. So time is derived from regularly being in the market.

[41:41] derived but time is also there. I do believe it right fine. So next

[42:04] [Music] Um

[42:18] question news market effect I don't think it's going to be a big

[42:46] in the market. Well, my biggest fortune crude oil crude oil I think 2018 fortune crude oil crude oil I think 2018 or 2019 I'm not

[43:14] option Saturday or Sunday and Monday morning crude oil huge up I think around morning crude oil huge up I think around 40,000 it went up to 7 to 8 40,000 it went up to 7 to 8 times that was a huge

[43:39] uh liquidity concept see um liquidity concept liquidity concept Original

[43:58] liquidity liquidity concept it has to be derived from method. Richard derived from method. Richard W. He was a stock trader

[44:14] and one of the studies that is liquidity concept.

[44:37] understand what is liquidity and how market fair value

[44:52] concept only thing is names are a little bit of changes experience rules of difference but

[45:24] is how liquidity liquidity stop loss hunting works smart

[45:56] money. Smart money is nothing but stop loss gap ups and gap

[46:09] is a huge study which goes with has to go with handto- hand with Richard Woff method. Richard smart money

[46:22] concept 499 smart money concept those are all just actual smart money concept has to go in hand to hand with Richard method trend reversal concept stop loss demand

[46:38] loss demand zones proper smart money concept We are already teaching it. Fine. Okay.

[47:08] share that if we trace the net volume with RSI and volume oscillator mixing with the trend pattern can we predict the

[47:33] technicals market proper structure reversal 15 years

[47:59] concepts. These are all just for indication. It is not for confirmation.

[48:12] need to earn monthly if I have a capital of five lakhs should I use this in intraday or delivery Mr. First thing is you have to understand capital very good. You have you have a good

[48:53] downs is for pure professionals who knows the

[49:23] Investing swing trading that will be a better idea. Swing it will be more

[49:39] better. Okay sir. How to use AI for trade analysis?

[50:35] tool. It is allam. Don't believe

[51:10] I think Shah Rukkesh VB sir stock analysis right. Uh see there are certain analysis right. Uh see there are certain rules which I use for stock analysis. um rules which I use for stock analysis. um one by

[51:34] investing investing. First thing is stock I have certain rules complicated that is

[51:51] fundamental stock selection for investing day trading this is purely for investing. fundamental certain

[52:26] to eight uh certain set rules it's a good company. So first fundamental. Second thing thing is

[52:56] stocks. So

[53:08] unfortunately first checklist

[53:41] correction. Fourth thing is I look for support and resistance

[54:00] resistance nearby resistance it is not advisable. Fifth thing is character analysis.

[54:38] demand analysis character.

[54:56] to be worked for it in the market. You have to put a lot of work. See first advice what I give you is See first advice what I give you is though you finished

[55:36] is character analysis very very important right. So analysis that is how I take trades top

[55:54] criter right so these are my checklist for taking a trade. So character analysis is very important and trend reversal last down

[56:09] take for a trade good trades will be at the bottom 50% 60% reversal then it's a very good checklist checklist for taking a stock

[56:21] right hope that clears it next

[56:36] Question sir uh Sanjp if if less than 0.236 fib retrace is considered as a 0.236 fib retrace is considered as a swing

[56:51] 236 we don't consider it as a swing. Excuse me.

[57:32] Okay. Right. Sir Masterass free Right. Sir Masterass free defin no charges in that

[58:13] Google. You will be added into that. Okay.

[58:29] right okay Mr. Deepakumar what is the minimum time period for becoming a profitable trader? Well, it depends on our learning trader? Well, it depends on our learning capacity and experience. Profitable

[58:49] profitable trader. It is not about regular profit

[59:11] trader. I'm not even bothered about it. It's profitable trader.

[59:23] profitable trader. All right. Nifty50 short-term and long-term investments that I think Monday

[59:48] wedge formed valid or invalid. Yeah definitely it depends on what is the definitely it depends on what is the rising wedge.

[1:00:00] ing rising we have

[1:00:56] it. You should be a master of your tra in particular

[1:01:16] very useful tip. So healthy way of trading.

[1:01:31] well as my students who are looking at first thing is don't try to take trades in a different different scripts take only one or only one or two it will be better fine sir already

[1:01:46] student can we attend? Yeah, definitely master class one or two subjects I'm master class one or two subjects I'm going to take it in master class in case going to take it in master class in case of no

[1:02:03] problem. Next question.

[1:02:20] beginners? Mr. market if you want to control emotions and slow definitely by Daniel Daniel Kman

[1:02:33] slow definitely by Daniel Daniel Kman it's a very good book for emotional that is a very good book I would suggest right

[1:02:53] trading journey after mastering technicals what kind of a risk management strategy you use to reach complete profitability by the way big complete profitability by the way big fan of your work thank you Mr.

[1:03:10] different. Basic level once you master your art the way you approach the market will be

[1:03:24] is consistency one is to two you can keep will be one is to one is more than enough.

[1:03:42] better trade. Consistency is very important. One is to one one is to

[1:03:56] or your take profits because it automatically changes your mind. Uh see trading the decision which we make see trading the decision which we make has to be very

[1:04:20] is to at least you'll be very

[1:04:40] account for a long periods of months, you are a trader. It takes a little time. Um

[1:04:52] [Music] Mr. He says, "Sir, which patterns work the best in gold and which time frame time frame is the best to trade gold in

[1:05:32] able to collect 20 points in Nifty in six trades out of 10 trades in a month. six trades out of 10 trades in a month. Can I expect 100% return next year? Well, Mr. Sam, it depends on your capital size

[1:05:45] capital size and in nifty that is well and good definite we can make a good amount of returns we can make a good amount of returns with

[1:06:23] it it is possible definitely you can achieve possible definitely you can achieve it. Uh, all right. Next

[1:06:49] Okay. Sir, which app has the lowest brokerage for

[1:07:22] Right. I don't worry much about brokerage.

[1:07:53] losses. So first try to look for profits rather than brokerages. to use it wisely. Empty boy. Yeah.

[1:08:28] definitely give me some time. I'll try to do it as soon as possible. to do it as soon as possible. Okay then uh

[1:08:40] first three years what happened please share okay first three years um was ups [Music] downs reality is I was able to double my account in first few trades I was able to blow up the total

[1:09:10] character analysis trend trend reversal. So

[1:09:27] [Music] automatic I'm a constant money. They are doing it for some passion.

[1:09:42] I use proper technicals. I can make money out of that. it. First three years was ups and downs. Uh profit

[1:09:54] loss. It took a lot of time to become consistent.

[1:10:40] friendsding. It was a long journey but it is very easy communication.

[1:11:13] trading see even my student sometimes becomes a good mentor for

[1:12:01] market. I'm

[1:13:20] trading gurus. Um well

[1:13:33] next trade profit

[1:13:47] this firstdeit profit. in the firstdeit profit. in the government. Excuse me.

[1:16:45] assumption or our intuition doesn't work.

[1:17:06] matters. First thing is don't trade what you think. Trade what you learned is don't trade what you think. trade. What you

[1:17:52] experience. Don't overtrade. Don't trade what you

[1:18:08] Uh San Gaming sir, I am a college student. I have a cap 15 capital of 15,000. Any advice for my trade? I'm doing FNO. Uh well s I would suggest you doing FNO. Uh well s I would suggest you don't go for time being

[1:18:23] starting my suggestion would be you try to invest it in a good stock maybe it can be a better capital. So my

[1:18:35] maybe it can be a better capital. So my suggestion it is not better to go with

[1:19:05] Sir, can we take trading as a profession? I am asking this on behalf of my wife. Uh due to family situation, she couldn't continue her work. Can she take it as a trading? Can she take trading as profession? Okay.

[1:19:20] Or family situation maybe I think think wife. Yeah, correct.

[1:19:32] capital as well. My suggestion would be sometimes women will be very conservative

[1:19:47] conservative traders.

[1:19:59] Okay. they are more content with what they have. Sometimes what men do

[1:20:39] management risk management will be better. [Music] Next

[1:21:04] uh strategy there are multiple commonrend reversal it is common for all the charts support resistance is common the charts support resistance is common for all supply demand is common for

[1:21:25] allies. Sorry line double top double bottom.

[1:21:53] charts. So that is why we have to know all the technical aspects.

[1:22:27] business. It's riskier as well. Option definitely you have to understand timing is very important. So and next thing out of the money

[1:22:49] high that is what how I trade options

[1:23:02] of the money it is riskier. Sometimes what happens

[1:24:45] Yeah. Right. This is gold

[1:25:24] market but it has not yet broken certain rules are

[1:25:46] rules. So we have to have proper rules and

[1:26:29] Okay. $40 resistance 1979. This was resistance in 1979

[1:26:53] So resistance. resistance. So 80 30

[1:27:44] I have seen the market 10,000 times I have seen it market I have seen it from the back I was able to produce a certain back I was able to produce a certain rules for the

[1:28:08] market because character works in the market.

[1:28:20] market character. It is all about liquidity between buyer and seller. This is universal law. This is how market works, right?

[1:28:53] Uh prome sir I know all concept but it confuses me in short-term intraday it interlinks how to solve well maybe interlinks how to solve well maybe sometimes

[1:29:08] understand what is multi-ra frame analysis. Multi time frame analysis. Multi time frame analysis you'll be able to trade.

[1:29:57] online courses as well. They'll give you all the details. Uh sir, your trading style, how many confirmations do you do, please? So, I think

[1:30:25] first fundamental, second thing is trend uptrend. Third trend order phases continuation or correction. Fourth one will be support resistance and then finally character analysis and trend reversal. So

[1:30:56] Uh sir will take over manual trading. So it doesn't work out like

[1:31:16] average. So maybe you can try 200 in case moving average 200 SMA will be case moving average 200 SMA will be fine. Simple moving

[1:31:32] average. So how many lot is safer to buy as a beginner? See it depends. It depends on what is your trading style capital

[1:32:28] it see I am a person who doesn't like to be

[1:32:55] Next. Okay. That is more

[1:33:21] they ready to pay for it. Why I don't do that? As a business perspective, it is very good. Every month I can make a subscription fee. month I can make a subscription fee. Every month.

[1:34:08] 250 by 250 125 by 125 sell 620 62 by 250 125 by 125 sell 620 62 by sell that is not how I want to build

[1:34:30] this. So first thing is knowledge is more

[1:34:46] what I give you full knowledge. It'll be

[1:35:30] normal. It is normal. That is

[1:36:46] works. It works upon my subject.

[1:37:02] the market. Cooper.

[1:37:46] and the other competitors. Fine. Right. Next. U sir. Harmonic pattern how much winning percentage ratio? Um see technicals

[1:38:01] works but advanced harmonic patterns works much more better. For works much more better. For [Music]

[1:38:28] works in the market. Um sir do you believe in

[1:38:59] things in the stock market. Uh maybe in the video you can see on that

[1:39:18] Promeos sir you say pick three stocks and trade but there is no trades for and trade but there is no trades for many days.

[1:39:49] profession? See simple logic it's freedom of time.

[1:40:07] It's freedom right to so it's freedom is the ultimate thing what a man can expect. Oh, trading lab freedom is what I

[1:40:31] think I think it'll be uploaded. It'll be useful.

[1:40:53] volatile market. Indian market FX market forex market crypto is very volatile. So it is advisable. Crypto investing is also good long-term perspective. Trump

[1:41:10] time effort and it'll be better but look at the taxation as well uh s well uh s concept money concept

[1:41:24] concept money concept definitely concept

[1:41:52] money difference. Fine. professional trader? Please answer. Yeah, it

[1:42:08] takes knowledge or two years get experienced into that then you can become a professional trader.

[1:42:36] uh fundamental analysis analysis important

[1:42:56] sometimes 10% stock increase in a day but same day 8% stock decrease. Why? because of volatility. for for booking possibilities.

[1:43:35] siranches in case if you want you can go for online. Sideways market see first you have to understand market 60% market goes in a

[1:43:51] sideways market supply and demand zones only sideways. So try to go with supply and demand as

[1:44:07] well. If u not seven if every breakout is a bait where do you position yourself in the trap? Um see that is what I told you trap? Um see that is what I told you right stop loss hunting is there in the

[1:44:54] for 5 months with one lot. Now I recovered my losses also confident in entry and exit. Now can I increase my lot size sir? uh what I would suggest is lot size sir? uh what I would suggest is minimum 50 to 60% of the capital

[1:45:09] recover then you try to increase your lots 50% will be acting as your risk now 50% then try to increase your profits 50% then try to increase your profits lots all

[1:45:35] Uh fine. Mostly. Hi sir. 50% class offer now

[1:45:51] questions almost. Yeah, it's 1 hour 45 minutes 2 hours I think mostly I covered

[1:46:03] say I don't want you hold for a long time now and so Tuesday we'll be having a master class on trend and few other subjects as fundamentals direct so

[1:46:59] master class. So coming Tuesday evening 7:30 one important thing I want to tell you is have your note and

[1:47:40] So, discuss. So, I think uh this class was discuss. So, I think uh this class was useful and I'll see you in master class. useful and I'll see you in master class. So, I hope video was

[1:48:25] happy. So thank you very much guys. I hope uh this live was useful and I'll see you in the master class for Tuesday. Take care. Bye.