Glad that you liked it.

I mostly trade in one direction and enjoy following trends. I’m more comfortable with buying trades, but I also take bearish trades when my system tells me to. Trading would be much easier without volatility. One major issue for me is when a Doji candle has a range of 0.5% or more. This can eat into my profits and lead to losses in my next trade. If I’m in a straddle before the Doji forms, I might get taken out of that position, making me lose even more in my directional trades. This can be very frustrating and emotionally draining. It often makes me feel like the market is working against me, leading to anger and a desire to get back at it. To try to cover my losses, I might increase my position size, but that usually makes things worse. This is really harmful to my profits. To avoid this, I need to first identify the patterns that upset me

A 300-point candle in an uptrend can easily take you out of a trade, which is the first negative sign. Then, you might see a good breakout on the put chart, but your stop-loss gets hit again. If there's another failed breakout on the call chart, it can be really frustrating. So, what should you do in these situations? The simple answer is to avoid rushing into trades. I have a rule to wait for 15 minutes after my stop-loss is triggered. During that time, I review the data and plan my next trade. I look for a range breakout from that candle and wait for it to hold for at least five minutes before making any new trades. I also watch the straddle chart and will enter a straddle sell trade when I see a Doji. These are three hourly Dojis in an uptrend. Selling straddles makes more sense during such a period.

It blocks my capital, preventing me from going all in on directional trades. Straddles are designed for selling when a Doji appears, which can lead to good returns during that time. The market is always changing, but we need to ask ourselves if we’re adapting as well. Flexibility in trading is crucial. We should adjust our approach based on the current market phase. Being flexible can help reduce the emotional stress we feel during market movements. Be flexible!

Very logical and easy to track the sector performance. Thank you for the write-up.

Nifty 100 looks like the next outperforming segment.

Good One Nishh. Once you practice the system over a longer period of time, you get used to these phases. Easier said than done but once it is in the behavior, trading becomes easy.

Baadal YuuN Garajataa Hai Dar Kuchh Aisaa Lagataa Hai
ChamakChamak Ke Lapak Ke Ye Bijali Ham Pe Gir Jaayegi

I heard this song after a long time. It made me think about a chat I had with friends regarding stock trading. One friend wondered why BDL was falling recently and what could be the reasons for the fall. Another friend joined the discussion and narrated how big players manipulate prices. He shared stories of losing money in trades and someone he knew seemingly predicting market falls. When I asked about a trading strategy, he admitted not having one.

Thinking about it, I realized the importance of having a disciplined system to handle market ups and downs and avoid emotional mistakes. Following a consistent system is challenging but crucial. It means showing up every day, sticking to the plan, and reaching a point where losing trades don't make you sad, and winning ones bring excitement.

On contrary, Knowing why markets move doesn't always make trading simpler. It can be like dealing with extra noise. When you're in a trade, the key is to stick to your plan – either cut losses with a stop-loss or ride the gains. Rather than constantly looking for more info on market trends, success often comes from sticking to your strategy and being disciplined in your actions.

In trading, Badal Garajega, Dar bhi lagega, bijli bhi giregi. Tab stop-loss lagakar bijli se Bacha ja sakta hai.
@Prashant-Shah @Brijesh-Bhatia

Thank you @Debarchan-Ghosh-Dastidar

Traders use technical or fundamental analysis, but just being good at the analysis doesn't ensure success. 40% win rate and a risk-reward ratio of 1:1.3 is good enough to make money. What it means is that as analyst,you can be wrong 60% of the time and still do well if you execute trades effectively. As a trader, you dont have that choice to make any mistakes in execution to maintain that 1:1.3 RR. Execution is the king. A strong discipline and conviction is the basic requirement of a trader to go through the ups and downs during the execution of trades. Markets have opportunities in all phases, and traders need to adapt. Doing this is tough but once you master the execution,trading can be a very peaceful and rewarding business.

D Smart is the only indicator I use for my trading. It is extremely useful. On pnf, d smart 6 and 10 can be plotted together and it can be a wonderful trade setup.

1. Price above both 6,10 D Smart, trade bullish strategies.
2. Price below 6,10 D Smart, trade bearish strategies
3. Price between 6,10, trade sideways strategies. There should be at least 6 columns to ensure there is no breakout on either side.
4. If price goes below d smart 6, and doesn't break d smart 10 and it again goes above dsmart 6, then it means that bullish momentum is continuing and it can be traded on the third column DTB. Vice versa for bearish trades.

@Rajeev Talasikar thank you.

@Ritesh Badai thank you ritesh bhai.

Thank you @Debarchan-Ghosh-Dastidar

I am overweight when you go by the definition. Every time I play cricket, there is always someone in better shape on the team, making me wish I could be fitter too. I do want to lose weight, and I know how to do it.

The funny thing is, my wife is a nutritionist (P.Hd) (Often taunts me "Diye tale andhera"). I know I need to change my habits – like sleeping on time, eating the right things in the right amounts, and exercising. I have to stay away from stuff like junk food, too much carbs, and fats.

So, I've got the motivation and I know the process. The missing part is the action. I see myself making excuses to avoid exercising or sticking to a healthy diet. I need to make a decision: either take action, lose weight, and enjoy the benefits, or stay overweight, party hard, overeat, and deal with the consequences. I've learned that just having the desire and knowledge is not enough. I need to actually do something about it.

Trading is no different. Everyone wants to make big profits or knows that discipline is crucial. In trading, having stop losses is super important to survive in the market. Losses are just part of the business and accepting this fact is of paramount importance. Following a systematic approach matters a lot, and it's better to ignore the noise from stock news or expert opinions. Some of us learn technical/fundamental analysis, which is good, but it's not everything. The key is putting plans into action.

Going through the drawdowns, leaving some profit on the table, and letting go of a few good opportunities are all part of the process. By accepting and integrating the unpredictability of the markets into your trading, you can avoid the emotional pain. Trading, like life, needs more than just motivation and knowledge; it requires action. Traders should stick to their plans, keep practicing, and in the long run, the market will reward them. A trader with less knowledge but excellent execution skills can outperform someone with extensive knowledge but weak execution skills at any time.

The trader must choose between following systematic and disciplined trading and enjoy its benefits, or being an undisciplined trader and going through the stress caused by the unpredictability of markets.

@Prashant-Shah @Brijesh-Bhatia

yes exactly sir. that is it. thank you for sharing this. XIRR is the key.

@Harjjap S Saini sorry, I couldn't get your point sir. What is XIRR? Apologies for my lack of knowledge.

While pyramiding is widely acknowledged as a sound investment practice, not everyone feels at ease with it due to the fear of purchasing at higher prices. Many investors hesitate, fearing the stock might decline after reaching those levels. A friend of mine is holding IRFC from ₹29, and although the stock has surged to around ₹165, he hasn't increased his allocation for a strange reason. I asked him if he had not increased his allocation at higher levels because adding more funds to IRFC would lower the percentage gain displayed in the app. He said yes. If a stock doubles from ₹100 to ₹200, the return percentage is 100%, but adding an equal amount as the initial investment would reduce the return percentage to 50%. While the pyramiding system often yields higher absolute returns in the long run, emotional attachment to the perceived profit and loss restricts decision-making. Many aspire to become investors like Rakesh Jhunjhunwala or Warren Buffett, but few match their discipline. These successful investors didn't buy stocks in one go; instead, they patiently waited for their portfolios to grow over the years, investing more in winning stocks through pyramiding. Riding winners and cutting losses according to a disciplined system are crucial for investment success, and pyramiding is a proven method for maximizing gains.
@Prashant-Shah @Brijesh-Bhatia

There is absolutely no need to interrogate the market moves. This only provides unnecessary information to your mind and creates noise. Shadow PnL drives this. It is very harmful for a trader as it forces them to exit early or switch to other strategies, etc.Market rewards you during all three phases bullish bearish and sideways if u trade in FNO. For cash, the reward is only for bullish momentum. One should switch the roles according to the market phase. He/she won't face a problem despite whatever moves happen in market. Or one can simply participate when the particular phase is in motion as per his bias/strategy and sit outside during other phases. And there is no breakout with a retracement once you arebin the trade, you should only focus on the Stop-loss or pyramiding.

I am holding heromoto and tata motors Nov futures. Breadth is neutral. Price is bullish. Looks good for longs.

Nifty IT is doing well from last few sessions. The price has turned bullish by breaking out the D smart(6) line. The RS chart is still below D Smart line. The broader RS chart of Nifty IT vs Nifty 50 sideways to bearish. Is this a reversal? Let's check if the breadth can give some clues.

Whenever breadth moves from Overbought to Oversold and again reaches overbought zone, it is mostly bullish. We should wait for a breadth cool off and let it come in the neutral zone. Once it is neutral zone and nifty remains bullish, we can trade Lion patterns. If the breadth cools off and doesn't visit oversold zone and reverses, there can be a clean, strong and less volatile trend.
Nifty IT zone is a buzzing sector as the breadth is 100%in terms of both X% and DT%. Since there are few signs of reversal, the ranking score has improved from negative to 30. For me, Ranking score above 50 is strong.

Short term traders can trade the breakouts with aggressive profit booking. But waiting for the breadth cool off and trading the Lion Patterns will make more sense.

Selling Options in extreme zone is rewarding. Media Breadth is 90% DT% is 20%( Lack of momentum). Zeel is below MAST. PMOX is bearish. Selling calls if the price goes below 260 will make sense.

When the upper band is rising, numerator is outperforming the denominator. When the lower band is falling, the numerator is underperforming the denominator. When the ratio chart is moving between the flat bands , it means that the relative performance is at par.

1. No. The price can be anywhere between the upper and lower bands. Not necessarily showing 240 day high at the last candle.
2. Price is bullish if it is above middle band and vice versa.
3. No as it will be a breakout above mentioned no of bricks which can be below previous top.

1. The range is shrinking similar to triangle formation , inside bars formation.
   2.Consolidation in a tight range
   3.high volatility. Broadening patterns.
2. Last 20 brick Price high low

This is really helpful sir. Next release should.have straddle charts, RS charts and Breadth scanners. It will be a complete app then. If u can add.buzzer in the app,it will be cherry on the top. I am not apologetic about my asks as definedge team has always over delivered on our expectations

Balkrishna Industries - The price is consolidating in 2.8% range from last 15 days. It has given weak breakouts for a couple of times but the price did not fall below the low of the range. Interestingly, a variation of selling climax will be triggered if the price breaks out above 2465. During this period, 1% breadth for Auto sector has fallen from overbought zone to below mid level (bearish). I will wait for Auto breadth to cross 50 level and wait for balkrishna futures cross 2580 and will trade a FT with mast L2 as a sl.

with pricing going above 2580, it will also be a cup and handle formation.
The confirmations on breadth and price are awaited as the RS is already positive for the stocks. Let's see what happens.

Navneet looks good with a DTB at 163 and SL at 141.

@Lalsinh Parmar my pleasure

@Prasad Udgirkar thank you sir

TATACONSUMER Aug Future chart has trigger a TBS signal near Supertrend support line. the price has negated previous 2 Anchor columns. There is no buy signal after the bullish anchor column and continuation sell signals are generated.

It can be traded with MAST indicator as L2 signal if the MAST cloud turns bearish.

@RAGUNATH_AG thanks buddy.

@Prasad Udgirkar thank you sir.

Interesting observations on the reality index. The breadth was oversold 26th June. But the RS chart was positive which is a rare phenomenon.

The price was in column of O. Interesting that helped the disparity to cool down.

The breadth on ATR% on 5% is zero indicating low volatility and a smooth trend ahead.

The Performance Table for realty index is as below. These stocks can be part of your watchlist and long trades can be initiated as per your system.

RKforge is an outperformer. a DTB at 473 with a SL at 428 is offering an affordable entry.

There is negative divergence on Nifty IT chart where price is rising but the ration line is falling. In PnF chart also Price is above moving average with a DTB but the RS chart is below moving average. It is a caution for any long entries for this sector.
The price may keep rising for few sessions and may fall if the RS does not improve. Any bearish signal on price chart below moving average can be a good trade in such scenario.

there is a climax pattern in 3% daily tf. Bearish anchor column is negated by a bullish anchor column with higher volumes. A follow through at 193 will confirm the pattern. Stop-loss is affordable. I will enter above 200 as it will be a turtle breakout (26 weeks) on OHLC chart.

bolded text

Radico is outperforming Nifty50 and Nifty 500. A DTB at 1241 can be traded with a SL at 1070.

Nice Chart Prasiddh

@Prashant Shah This is a very important video. People generally like videos about new strategies or any indicators. But what you discussed in the video is about most important aspect which is spoken less about. If you would have noticed, you were explaining the concepts with a lot of passion. You have put in a lot of heart in explaining this as you wanted everyone to follow this thing for sure. I can relate to what you explained. Thank you having a video on trading psychology.

@Prashant Shah Thank you Sir

Elecon is outperforming the Nifty 50 and Nifty 500 universe. To the left of the chart, you can see 2 ACs. The first AC is followed by 4 column triangle breakout. Now there is an anchor column FT with a probable & affordable DTB. Entry 593 Stop-loss 511.

On 3%, it is a dtb on daily tf.

Nice chart sir.

The AMMA and AMA indicators are indicating that it is outperforming Nifty 50. The Price has moved away from the AMA and the ratio line has also moved away from AMMA. There is a DTB triggered on 3%.

Entries can be planned at the CMP with a flat % as the current SL is more than 20%. Or one can wait for a small retracement and take a position on a DTB.
One can also switch to smaller box size and take entry on an affordable DTB.

@Prashant Shah sir, I faced this issue and I am really happy about it because I thought that I have made it just by learning the charts and few systems. But the truth is that the technical analysis is necessary but not the ultimate thing. Execution is the key. Trading Psychology is the important thing. I am lucky to have mentors like you. I started to execute few trades with a stop-loss and with ZERO emotional attachment. That went well and my conviction increased. I am trying to improve with every trade. Saarthi is a very good initiative to improve trading psychology and execution skills.