Getting many DM’s on how I can learn and trade like you. To be a succesful trader one needs an edge My edge: 1)focus on selected instruments (Banknifty majorly and few stocks) 2) backtested my strategies historically (for past 10years) (1)
3) Optimised it as per different market conditions.(bull/bear & sideways) 4) Walk forward tested the strategy 6) No strategy works all the time. I am aware about unfavourable cond for my strategy and know what to expect from the strategy when I actually trade it (2)
7) The major edge comes from theta decay and dynamic options adjustments which allows to benefit me even if my view goes wrong 8) Riding winners and keeping losers small is the only way to survive in the markets. (3)
9) A trader has be a good risk manager. We have seen black swan like surgical strike ,demonitisation, PSU recap, corporate tax rat cut etc but survived all due to a simple rule of cutting losses at 1% of capital. (4)
How to learn : @ZerodhaVarsity is a pretty good resource to learn about 1) Technicals 2) Options 3)Pyschology Observe the markets, develop your sense ,test your strategy,generate conviction and deploy It take yrs to be become a consistent trader. There’s no shortcut (5)
Someone looking to shorten the curve can attend a training or find a mentor. There are many on twitter. But this will only give you a head start and won’t make you a profitable trader from day one. Make sure the trader style and your style matches. (6)