Harshraj 🇮🇳 (O+Ve) Profile picture
May 11, 2018 13 tweets 9 min read Read on X
Ur True Journey as a #Trader starts only after you learn to ignore & stop Trading on so called Analyst Trading Call, Views, Opinions & start trying ur own Trading Strategy, Plan, System;
test them with small size, keep Trading Journal for tracking results to modify accordingly.
Those who not try to take efforts on his/her own,
sooner or later fall prey to Analysts who runs Slack Rooms (nothing wrong if one have legal authority to run) for Live Trading Calls & post same call on Social Media afterwards mainly if not going Acc. to their SR Call (unethical)
If not prey to Unethical Analyst then New Traders tends to take blind bets on Stocks without #Riskmanagement & Plan, Strategy.
Emotional Trading is cause of sure failure of #Trading.
New Traders need to understand that you never know that Analyst or Guru put his real money on his own given Call or not, or where he actually entered at.
Also you never know when the down fall of an Analyst himself or his Trading Style starts from.
It's always better to lose money for learning to trade on your own, atleast you will learn something.
And so start trading with small size with strict #Riskmanagement in first place.
Note down every detail in Trading Diary/ Trading Journal.
No Profitable Trader will ever share his Secret, Trading Edge of Profitable Trading from his Trading System, Plan;
he only offer u which he wants to share.
Better accept this fact as no one will say it on ur face, never.
There are very few Greats who works in field of Educating Traders & those are not the Cheapest or likes of None for the Huge Amount charges for 2-3 days(3-4 hours max/day on one Strategy) in Start Rating Motels to sell & promoting their Strategy, Softwares as Holy Grail.
New Traders should start with reading as many as Books or learning from some of The Greats Traders who are in business at least from last 21 years & proved themselves
Such as @markminervini @PeterLBrandt @jackschwager & many.
New Traders should look to develope Learning Attitude first than to start Actual Trading from very first day.
There are few who are also doing great work on Trading Psychology likes of @steenbab @prrobbins & many
Don't take me wrong there are also few Traders who openly announce that they run slack room but educating Traders at the same time ,
Likes of @PatrickWalker56 @IncredibleTrade @traderstewie @WeeklyOptTrader & many
There are also few Great names who devote themselves for Quality Educational Stuff on Trading,
likes of @SJosephBurns @Tradeciety @priceinaction @Rayner_Teo @LanceBeggs & many others
As Trading is as creative as any other Art or Sport & having no University teaches it as a Graduation Course or Program wth defined Syllabus (which is impossible with Creative Field), most Difficult Part of Educating self on Trading is to find Ethical Personality wth Experience.

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