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Showing posts from January, 2025

Mastering Risk Management in Intraday Trading: A Checklist for Success

Dear Fellow Traders and Learners, Intraday trading is a high-stakes arena that rewards preparation, discipline, and quick decision-making. However, without proper risk management, even the most skilled traders can find themselves facing significant losses. Whether you're trading in stocks or Futures & Options (F&O), a well-defined risk management plan can make all the difference. Here's a comprehensive example of checklist to help you navigate the complexities of intraday trading with a capital of ₹50,000. 1. Define Risk Per Trade Risking 1-2% of your capital per trade is a golden rule. For ₹50,000, this translates to a maximum loss of ₹500 per trade. Set your stop-loss levels accordingly to cap potential losses. Example Formula : Stop Loss = Entry Price × % Risk. If a stock is priced at ₹200, and your risk is 1%, your stop-loss should be at ₹198. 2. Position Sizing for Safety Position sizing ensures you don't overexpose yourself to risk. Calculate the number of sha...

Midlife Crisis or Awakening - Amit Raj

  The Prelude of Life When we were young, in our teens and 20s, it felt like we had life all figured out. There was this unwavering confidence that the world was ours for the taking, and every decision we made seemed like it would lead us straight to happiness and fulfillment. Back then, looking at people in their 40s or 50s felt almost alien. They seemed “old” or “past their prime,” like the best years of their lives were long behind them. It was easy to believe that everything important, everything exciting, happened when you were young. But then, I reached my 40s, and I realized just how misguided that thinking really was. When you look back on your younger years, you start to see the patterns, the misguided beliefs, and the illusions that shaped your decisions. You realize that the first few decades of life often feel like survival mode. In those years, it’s all about chasing the things we’re told will make us happy: 1.    Success: We’re taught to believe tha...

How to Increase Focus: Practical Strategies for a Distracted World - Amit Raj

In today’s fast-paced world, staying focused is no easy feat. With constant notifications, endless multitasking, and a flood of information vying for our attention, it’s easy to feel overwhelmed and scattered. Yet, focus is essential—not just for productivity but for achieving our goals, building deeper connections, and living a truly fulfilling life. Mastering the art of focus can help you cut through the noise, sharpen your attention, and direct your energy toward what truly matters. Whether you aim to excel at work, improve your personal growth, or simply regain control of your time, increasing your focus is the key to unlocking your potential. Let’s explore proven strategies to help you reclaim your concentration and thrive in all aspects of life. 1. Prioritize Sleep and Physical Health Your brain performs best when your body is well-cared for. Quality sleep, balanced nutrition, and regular exercise directly impact your ability to concentrate. Aim for 7-8 hours of sleep, stay hydra...