The Psychology of Investing: Understanding the Fear and Greed Cycle
Legend Investor
by Rupesh Jaiswal
1y ago
 Introduction: Investing in the stock market is not just about analyzing financial statements, market trends, and economic indicators. Emotions play a crucial role in determining how investors make decisions and react to market movements. The fear and greed cycle is a well-known phenomenon that affects investors at all levels of experience. In this blog post, we will explore the psychology of investing and how to overcome the emotional barriers that can prevent you from achieving your investment goals. 1) The Fear Cycle: When investors experience fear, they tend to react in a way that ca ..read more
Visit website
Road Map for Trader | Profitable Trader Checklist
Legend Investor
by Rupesh Jaiswal
1y ago
 Profitable Trader Checklist: 1-Learn the basics 2 -Learn technical/fundamental analysis or both 3- Create/Learn a rules-based Strategy 4-Backtest that strategy 5-optimize that strategy 6- Learn and implement good risk management 7-Learn and implement good trading psychology 8-Creato a full trading plan based on everything above 9-Demo trade the above for 1-3 months (or more) 10-Go Live & Start Making Money! 1-Learn the basics https://youtu.be/Xb4KWuHmHBQ 2 -Learn technical/fundamental analysis or both https://youtu.be/eynxyoKgpng 3- Create/Learn a rules-based Strategy https://y ..read more
Visit website
How to Find an Edge in the Markets Even if You’ve Been Losing for Years
Legend Investor
by Rupesh Jaiswal
1y ago
  I’m sure you’ve heard of having an edge in the market countless times. But what does having an edge actually mean? How to find an edge in the market? How do you know if you have an edge, or not? Is it possible to find an edge in the market without any programming knowledge?  Fret not, my friend. Because in today’s episode, you’ll discover how to find an edge in the markets and become a consistently profitable trader (even if you have been losing for years). So listen to it right away… Technique # 1 – for discretionary traders So the first technique is for discretio ..read more
Visit website
The Day Trading Success Rate
Legend Investor
by Rupesh Jaiswal
1y ago
What percent of day traders are successful? The success rate for making a living from day trading is 4%. This is the actual rate I witnessed while trading at a proprietary trading firm for many years, and in conversations with other firm operators. Making some money from day trading (side hustle), about 10% – 15% prop firm trainees could do that. For many, the amount they were making was not enough to justify the time. These people put in 6 hours+ per day at the office, day trading 5 days per week. Capital was available to them, along with experienced traders to ask questions to (few did ..read more
Visit website
Reversal Strategy Trading Plan
Legend Investor
by Rupesh Jaiswal
1y ago
Reason and Goals  ‌Reasons - I trade for Freedom of time , Financial Freedom and to be my own Boss This is my favourite Business in the world This my main source of income  ‌Goals -  Make less trading Mistake Each Month , treat ‌Never Break your trading rules ‌ my trading like a business and follow all trading rules.    Strategies Indicators - I use RSI to identify market overbought (70) and oversold (30) and RSI Divergent and I use ATR Indicator to clearly define stop loss placement. Conditions -  ‌1.Go with higher timeframe trends e.g uptrend market then go ..read more
Visit website
A Bull Flag Pattern Trading Strategy — A Complete Guide
Legend Investor
by Rupesh Jaiswal
1y ago
The bull flag pattern is probably one of the first chart patterns you’ve learned. It’s simple, and it’s effective. However, most guides out there teach you how to spot them and not how to trade them. That’s why in today’s guide, I’ll share with you: The right way to spot bull flag patterns so that you’ll never second-guess yourself ever again How to find high-probability (and not random) bull flag pattern setups Three bull flag pattern strategies that work both in bull and bear markets You pumped? Then let’s get started! How to Spot Bull Flag Patterns The Right and Wrong Way At this point ..read more
Visit website
How to Master Trading Psychology
Legend Investor
by Rupesh Jaiswal
2y ago
Mastering your emotions and ego are an essential part of profitable trading as the trader is the weakest part of any trading system. The three things needed for profitable trading is a quantified system with an edge, proper risk management for implementing that system, and the right trading psychology for executing the system with discipline and perseverance consistently. Why is psychology so important in trading? Without self control and discipline no trading system will work over the long term as emotions and ego will cause the trader to trade too big, over trade, or abandon the strategy alt ..read more
Visit website
The Journey of Indian Stock Market 2021 and 2022 Stock Market Outlook
Legend Investor
by Rupesh Jaiswal
2y ago
What a good year for the investors in Indian equities this year-2021 has been! The benchmark Nifty 50 has gained over 24% and Sensex around 22%. Also, on August 31, 2021, the total market capitalization of BSE-listed companies crossed Rs 250 lakh crore for the first time! But what is the 2022 Stock Market Outlook? This year pandemic developments have been the market’s main driver that caused a crash in 2020 and then a sustained rally due to vaccination programs that allowed the economy to reopen. But now, world stock indexes can see worries over the omicron variant. So, in today’s blog, let us ..read more
Visit website
Margin Trading | Why is it a double-edged sword ?
Legend Investor
by Rupesh Jaiswal
2y ago
Margin Trading : Why is it a double-edged sword? Phillip Carret once cautiously remarked - “I had a margin call in 1924, and I swore I would never buy on margin again.” But you must know there is much more in it than that. Margin trading, like a double-edged sword, carries the potential to create both billionaires and bankrupts. You would have even heard brokers competing with each other for this to lure people with lower margins and try to gain customers. But, what exactly are these margins? Well, this blog shall make you familiar with this concept and illustrate how this can make you e ..read more
Visit website
50 Trading Rules that Makes Successful Trader
Legend Investor
by Rupesh Jaiswal
2y ago
 50  Trading Rules that Makes  Successful Trader  Focus on Capital Preservation & Risk Management  Prepare for The Trading Day  Limit Losses – set a stop order  Lock in your profits  Understand how to use Margin correctly   Do NOT over Trade   Always Trade Within Your Own Trading Style & Strategy   Don’t Be Emotional 50 Trading Rules  1.Plan your trades. Trade your plan. 2. Keep records of your trading results. 3. Keep a positive attitude, no matter how much you lose. 4. Don’t ..read more
Visit website

Follow Legend Investor on FeedSpot

Continue with Google
Continue with Apple
OR