After going through your replies, I have compiled the problems into these major categories: - Capital - Fear of losing - Bad timing - Where to sell - Unable to ride the trend - Struggle in pyramiding - Addiction - How to have a short watchlist - Long only mindset contd.

- Where to set targets - Bad mindset Let's start with CAPITAL Are you claiming that you possess a successful strategy and consistently generate profits with your small trading account, but the only hindrance is the lack of capital? If this statement is true, contd.

I would argue that you might not be truly resourceful. With a proven winning system and confidence in your abilities, there are various avenues to secure additional funds, such as saving from your income or business profits, approaching proprietary trading firms contd.

if you have maintained a track record or raise cash (I have done it and this is the least recommended option). To be frank, it seems that many individuals attribute their lack of success to insufficient capital, contd.

when in reality, the root cause often lies in not having a reliable winning system. You cannot really address a problem without first realizing what the problem is. #BroTip contd.

Fear Given the potential financial consequences of making mistakes in this field, it is natural to develop a sense of fear. However, the question arises: How can one overcome this fear? One approach is to take the next five trades with the sole purpose of challenging contd.

and conquering your fear, rather than focusing on monetary gains. Start with smaller trade sizes and gradually increase them as you gain more confidence and improve your skills. The objective is to shift the focus from the fear of losing money to the process of contd.

overcoming fear itself. By consciously practicing this method, you can gradually build up your abilities and develop a more resilient mindset. contd.

Bad timing When you buy a stock, it often goes down, and when you sell, it tends to go up. To understand why this happens, look at what the stock did in the 2 to 3 bars before you made the trade. If the stock had already gone up a lot during that time, that's probably contd.

why you're having trouble. Usually, stocks move in a pattern of 3 to 5 bars on average. The goal is to get in on the first or second bar of the pattern to catch the rest of the move. Some people make the mistake of entering on the fifth bar, and they end up losing contd.

money right away. So, the important thing is to pay attention to the stock's movement in the previous bars before making a trade. By understanding the patterns and timing your entry better, you can increase your chances of making money instead of losing it right away. contd.

Where to sell Selling can be the most challenging aspect of this business, and it's important to accept that you won't always achieve the best possible outcome in every trade. However, you can definitely improve your selling skills by being contd.

satisfied with your profits and moving on to the next trade. There are plenty of opportunities available, and I have never run out of them. There are two situations where you would sell or close a trade: When your trailing stop is hit: I use moving averages, contd.

typically a 20-period moving average, to trail my stops. However, if the trend is exceptionally strong and has become extended, I may use a shorter-term moving average like a 10-period or even a 5-period moving average to trail my stops. contd.

When you interfere and use your discretion to close at the market: I choose to sell at the market when I notice a significant change in the angle of the rise. If the stock price rapidly rises close to a 70 to 90-degree angle, it often kills the momentum of the move for contd..

several days to come. In such cases, I see no benefit in trailing the stop and prefer to scale out gradually & avoid holding onto a stagnant investment. In summary, I adapt my selling strategy by trailing stops with moving averages and close at the market when I observe contd.

a sharp and unsustainable rise in the stock price. Contd.

I will answer the rest of your questions in the coming days.

Unable to ride the trend You spend a lot of time looking at charts, but sometimes you don't follow your own analysis. You're too focused on making money. It would be much easier if you just figured out the most you're willing to risk, then let things contd.

happen without getting involved most of the time. That's what I do. Yes, this means you might miss out on some profits in certain trades, but it also means you can make more money overall by not interfering. I didn't interfere in my ZENTEC trade and ended up making contd

a 100% profit in less than 16 weeks. I've accepted that I'll only make a lot of money on a few trades, while the smaller wins will cover small losses. contd.

Struggle in pyramiding I typically enter initial positions and wait for a day or two to assess the feedback. If the feedback is positive, I consider adding more to my positions. When a stock is undergoing a rounded base correction, I aim to establish additional positions contd.

near or slightly outside the base breakout level. However, if the stock has already risen 25 to 30% above this base, I avoid adding more positions. I gradually add to my positions as the stock price rises, enabling me to raise the stop loss on my previous positions. contd.

This approach helps me avoid taking on additional risk in my portfolio.

Addiction Someone said they're addicted to futures, and honestly, I don't have much to say about it. All I know is, if something becomes an addiction, the only way to overcome it is by being really strong-willed. You can't expect someone else to magically snap you out contd.

of it. It's like quitting alcohol, you don't do it by taking a pill; you do it by having the inner strength and determination to let it go. If the 'addiction' is not making you money here, then why are you still doing it the same way. Change your ways. #BroTip Contd.

Watchlist On a daily basis, I review a list of approximately 200 to 400 stocks (in weak markets, it's usually around 20). Once I have identified around 10 potential stocks, I deliberately stop there and don't continue with the rest of the list. I do this because contd.

I believe having too many options can lead to confusion. I have found that a focused approach works best for me. contd.

Long-only mindset I don't consider this approach a problem because I primarily focus on long-only trades. In fact, 99.99% of my successful trades have been in the long-only category. This strategy aligns with the approach followed by contd

renowned traders I have studied. From my perspective, short trades tend to be quick and don't offer the same favorable risk-reward ratio. Additionally, engaging in short trades often leads to distractions. During weak market periods, I utilize my time to analyze stocks contd.