LiqWeTrading

In recent discussion about which is a good or best broker with LESS or NO Brokerage.
I say go with the one who takes the Brokerage, a general, nominal Rs. 20 per trade which is industry standard these days.
Don't run behind LESS or NO Brokerage brokers.

Any business needs money and continue revenue to run, all these less or no brokerage are just luring for customers. And with no running revenue, its difficult for them to run a business successfully. They have costs, server costs, HR cost and many more.

Rs. 20 Brokerage is just a mere percentage of the total charges you pay per trade, which includes STT, GST, SEBI charges etc. Which is inevitable and will be charged by all brokers.

Hence don't run behind saving Rs. 20 on a trade and go for a new broker. Rather stick with the old and legitimate ones.

A Simple thing is, if brokerage is hampering you, it simply means you're overtrading. Overtrading to an extend that your less profits turns to no profits just because of the charges which are deducted.

Stop overtrading, start learning to hold your trades long, and you wont need to have a no brokerage broker.

Life isn't money, nor any materialistic things.

It's just the people who are your close by. Family. And few good friends.

These were the only few people I called this morning today at 4 AM and asked for their well being.

This was when I felt the earthquake for the first time. When I woke up today feeling the shaking and the sounds.

The few minutes of shaking asked me to only check on my kid and family and nothing else. Leaving all things behind what I only did was pick them up and come out.

Made me realize what are the most precious things to me.

Biocon and GMRInfra
👀

Yesterday, by God's grace, I made good money trading EU. One of the record days for me in terms for WR, with 5W and 1L and in Absolute money as well.

But today is not the day to trade, that's the learning.

Today is the day to practice keeping calm, practice keeping happy emotions in control. Practice not watching the market and siting out.

Whenever you get such great days, skip trading the next day or further untill the happy emotion inside you gets calmed.

I had done this mistake in past where a great earning of today was lost the next or 2 days so.

Not all days are to make money, CONSISTENCY is important, not the Home Run.

Point is to make money. However it comes.

TrendLines, patterns, SMC, Wyckoff, Retail, Institution, anything.

If the P&L is green, nothing else matters.

Just focus, focus on one thing, one way, one style, and that's all.

Look around for everyday products you use daily in your life.

Find what products are outstanding and working well with great performance.

Look for its company to invest.

It's the basic and least you can do.

One example, I recently bought an underwater motor pump to pump water to overhead tank at my house.
Last night I forgot to turn it off, resulting, the whole night the water pump was running, more than 10 hours blank empty without water.

Usually any pump gets burned out like this in just few mins or an hour max.

But this Kirlosker pump ran empty for 10+ hours, and today morning too it is just fine.

I got a new company today to hunt for investment opportunities.

Intraday Stocks for Tomorrow

1. Tatapower
2. Nationalum
3. Balramchin

I got few messages regarding how to document trades or maintain trading journal.

I had spoken about it earlier in the beigining of this year as well. Just made a simple excel with Columns as Date, Script, Buy/Sell, RR, Win/Loss, Link of trading view trade.

Thats it. Nothing more. Less details will make it easy to follow up.

Also another way, which I had been doing since years is just to have the trading view screenshot with you saved, with all the details you want it on it.

Pictures helps you train your eyes more. The more you go through you past Wins and Losses, the better the game gets.

Put all the details you want on the chart, or less, however you like. Aim is, after seeing it again many days or weeks later, it should remind you about what was your thought process behind the trade.

One small example of a trade i Just did now, with very less details is shown, but enough for me to catch the details. Do as you wish, whats make you comfortable, but so start recording your trades.

Positive results of these screenshots are many folds later in life.

https://www.tradingview.com/x/lpLiu5rh/

Hi all. Hope the above watchlist must have helped you.

Probably from next Monday, I'll start trading Indian markets by myself again after a long haul.

Once started, I'll keep providing you a small watchlist for the next day like this daily.

Stocks to watch for Intraday today 10th July 23

1. HeroMoto
2. Eicher
3. NMDC
4. Alkem

Understand it's important. The importance of Mid and Small Caps.

They are yet to blast. They blast when the active stocks are done with rally.

Time to do research. Explore the Nifty Mix 750 watchlist given earlier. Find potential stocks for momentum and trend trading.

There isn't anything like Emotionless Trading. Or Trading like a Robot. Or don't have Fear or Greed while in Trading.

All these marketed phrases are total Useless and holds no Value.

You need to understand that as Humans, you'll always have Emotions. You'll always have feelings constantly running in your mind, heart and body.

It's foolish to expect from Humans to be Like a Robot.

Rather, the correct thing it to Preach and Teach is how to Manage and Control your Emotions while Trading.

Think about it, you don't have to learn to let to your emotions completely, that's not possible, its a Constant Running Of Feeling which Varies type to type and Intensity to Intensity round the clock.

What you have to learn is to Manage and Control it. Which will come through Regular, Consistent Practice of some ways and techniques during each phase of your trading.

One best style to come under control is SPEAKING TO YOURSELF.

Before trade while analyzing, in the trade while watching, after the trade with it's result, Always Always Always keep speaking to yourself.

This way, you'll see improvement in you gradually after few trades only.

Since consciously you won't lie to yourself and give false hope of winning.

You mind will remind you to calculate your risk, you'll realize your conscious brain telling you to be under risked and don't be greedy to win once and all in single trade.

Trust me with this, its a proven technique. I had used it personally over me to overcome the issue of overtrading. Many others who had listened to me and followed this did got the benifit as well.
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Don't try to be a robot. Just learn to manage. You'll have to build your stomach of holding onto the trades longer with retracement only by practicing it in real trading.

All the best.

Reason to love Forex

If only HTF trading yield you 12-15R on 30m TF, what's the harm ?

You're playing on limit entries. You're away from the screen most of the time. This is truly the freedom of time and what all is called in Fancy Language, Making Money in Sleep.

One good trade is enough in entire week to make consistent money.

https://www.tradingview.com/x/RqGFjguG/

Live stream scheduled for Jun 4, 2023 at 06:27

Trade Alert !!

UJ on 30m TF || Price is at OD level

https://www.tradingview.com/x/Yzdl6yqs/

GIVEAWAY GIVEAWAY GIVEAWAY !!!

One question which is often asked from me is what to respect in forex trading, the FVG or the OB ?
Many had given a thought to it, and there is an answer to this question very specific in nature.

Only if you would have observed, you would have got the answer, but very few wants to walk through that difficult part of leaning over charts and finding answers.

————-

I am here to give you a motivation. Find the Answer and I will pass a 10k funded account for you !!

What you need to do, share me 20 charts each where the price respected FVG and other 20 where price respected the OB with precise and objective answer with the reason mentioned.

The first one to give me 40 charts and right answer, I will give you a reward, where I will pass a 10k Funded Account for you.

Don't chase the Technical Analysis.
Yes I am going to say this.

No matter what style you chose to have. If your Monthly / Quaterly / Yearly PnL Statement are in Greens, nothing else matters.

Focus more on HTF Narrative, focus on how you can hold the trades for long, focus more on being systematic with your entry and exits, focus more on Life Style Management.

Trading is for making money, How, it doesn't matter. Be a Trendline or Pattern trader with a system of consistency, you will have my respect.

Happy Sunday. Happy Back testing ✌️

Trivia !!

Check USDCAD, Tell where this current fall is coming from ? Whats the Supply POI and Why ??

This went for clear SL :)

One entire week. But look at the results. Multiple opportunities. Multiple entries. I myself got 1 Sl and 1 TP.

I told this one trade is enough to pass the challenge. Good 13R with lots of learning.

Do check the drawings marked here on 15m, 30m, and 1H, you'll learn a lot. The next session is on this whats marked here and advance of VCP.

I chose 20m TF to share only to accomodate, do observe and learn by looking it in multiple TFs mentioned above.

https://www.tradingview.com/x/rgFSPS0S/