Trading Journey
<p><span style="font-family:Arial,Helvetica,sans-serif">A 19 years old fun-loving, friendly, optimistic and college-going boy turned towards finance and share market who embarks his journey in share trading in the starting of the year 2019. Learned a lot from share market skills and still walking the path of learning with the attitude of never give up. Arindam from Indore who loves to help other unconditionally, reading books, listening to music and fighting in video games are the best pass time for him. </span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">He says ‘look at the brighter part of the life, do good, have faith in yourself’. These are the few keywords that define his life. Here we have Arindam with us, who is going to share his trading journey as of now in his own words. </span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><img alt="arindam-mukherjee" src="https://www.mainebolatha.in/media/Blog/Arindam%20Mukherjee-%20A%2019%20years%20Old%20who%20Trade%20like%20a%20pro/image/blogs-image/arindam.jpg" style="height:300px; width:293px" /></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><strong><strong>The Journey Begin</strong></strong></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">I came to the stock market in the beginning of 2019 and at that time it was a comfortable condition for market and as well as for trading, but as soon as the crash happened then because of no experience I had no idea what was happening. In March, I lost 50% of my capital, then I stopped trading for a few days. From that day onwards I started thinking about risk management and changing my strategy of trading. From that day onwards I started, I started watching a lot of content on open interest and its relation to price and option chain. So by grasping these and enhancing my knowledge and I kept back-testing it and then I had to never look back.</span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><strong><strong>Importance of Controlling Emotions</strong></strong></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">Well as a trader, controlling your emotion is one of the big hurdles that need a fast check with proper discipline and mindset. I once didn’t control my emotions and I saw the result, so in a nutshell, if you won’t learn the lesson a big loss/failure is on its way to break into your account. </span></p>
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<p><span style="font-family:Arial,Helvetica,sans-serif"><strong><strong>Love your strategy, strategy will love you back</strong></strong></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">I stick with the same strategy only, if I want to trade a stock/ index then I would see what is the EOD data formed in it, open interest relation to price and option chain analysis. What I see in that stock/index is it's open, low and high. Then according to the option chain analysis, I identify the support and resistance, then I wait for it to break the important levels to trade.</span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><strong><strong>Same Thing with Different Perspective</strong></strong></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">My mindset as a trader is simple that particularly in stocks where there is a News, I try to avoid that and many traders say that don’t watch news channels, they may destroy your mindset. My take on this is different, when so many people are listening to the same thing and if you are trading the same stock then a sudden spike may come upwards or downwards and there your stop-loss hits, and after that, the stock goes to your price. And many a time it happened that my analysis was correct. So important is to see things from a different perspective.</span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><strong><strong>Message to Fellow</strong></strong></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">My message for fellow traders is that keep doing analysis and try to see what is happening during the market hours. I agree that we will move according to global markets but the conditions are different many a times so try to keep your analysis correct. </span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">Another thing many traders try to run away from news saying that it is a bluff, try to grab the correct piece of information and then see what happens. So lastly I would like to say all the traders that one day you all will be successful just follow the right methods and practices. And don’t forget to develop that right method that works for you with your mindset, trading style and risk appetite. </span></p>
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<p><span style="font-family:Arial,Helvetica,sans-serif"><em>If you like this article, don’t forget to bless it with your tweets or shares on your favourite social media. Further, you might like to read Following Trading </em><em>Journeys</em><em>:</em></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><a href="https://www.mainebolatha.in/2020/03/software-engineer-to-trader-inspiring-story-from-south.html"><em><u>Software Engineer  to a Full-time trader - Inspiring Journey from South</u></em></a></span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif">Any questions hovering in your mind? The comment box is for you. Post your questions or suggestions there, we will reach to you sure.</span></p>
<p><span style="font-family:Arial,Helvetica,sans-serif"><strong>Share your Trading Journey with Us</strong>: Are you interested to share your trading journey with us? <a href="https://www.mainebolatha.in/p/contact-us.html"><u>Contact us here</u></a> or drop us a message at our <a href="http://t.me/OIanalysis"><u>Telegram Group</u></a>.</span></p>
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A 19 years old fun-loving, friendly, optimistic and college-going boy turned towards finance and share market who embarks his journey in share tradin…
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