About My Background
What is my name, and where do I live?
I’m Divesh Jotwani, and I live in India.
What’s my graduation degree? And you didn’t go for a job or something like that?
I’m from a commerce background. I had done B.com and then an MBA (In Marketing and International Business).
Did I go for any Job in my career?
No, I did not go for any job. I got the campus placement in Cipla, but I didn’t join it. Because right from the start, my path was clear in my mind.
All along with my career so far, have I done only trading?
Yes. I’m from a business background – my family is in business. So, many years before, I helped my family in business (side by side, I was also trading). But later, I stopped helping them in business and diverted my time and focus toward WD Gann research work and trading the markets.
What do I do for a living?
Yes. I’m from a business background – my family is in business. So, many years before, I helped my family in business (side by side, I was also trading). But later, I stopped helping them in business and diverted my time and focus toward WD Gann research work and trading the markets.
What’s my Philosophy in trading?
My philosophy is simple. Think and do the opposite of what others do. Don’t follow the crowd.
Yes, it seems counter-intuitive when I say, “Don’t follow the crowd,” especially in the stock market, where the majority of the people believe in the concept of “Following the crowd.” But I don’t subscribe to that point of view.
Why don’t I subscribe to that point of view (“in following the crowd”)?
Because I believe the tools most people use for their trading will not work effectively in the long run. At some point, they will stop working or not give the result they were given earlier.
For example, the most commonly used tools like trading indicators, price action patterns, and other charting tools have been in use for decades, and 95% of traders are using them. And the reason why we hear the phrase “95% of the traders lose money in trading” is because of this fact. When everyone uses the same strategy, the result will also be the same.
Most traders start trading to earn money, but they end up losing a lot of money. Because they believe in following the crowd – Do what everyone is doing. But that path is not profitable in the long run.
That’s why I believe in the phrase, “Don’t follow the crowd.”
And I believe in working with the tools (methods, theories, and charting rules) which are rare and are not in the knowledge of 95-99% of traders.
So, how can we get such rare tools that pay off the efforts?
It’s Simple. But of course, not easy. We spend our time, and hard-earned money researching and discovering such highly rewarding tools (methods, theories, and charting rules) and then deploy them in the Market.
This method of approaching the markets and trading or even investing gives us profit in the long run. So, that’s my philosophy toward the Market in a nutshell.
How I Got Started – My Journey
The talks about stocks were common for me from childhood because my family members (dad and uncles) traded and invested in the markets. Since childhood, I have had some idea of what are stocks and markets.
Then my journey in the Market began in the year 2000.
I used to visit the stockbroker’s office to drop the papers of my family members’ transactions. At that time, there was no online trading or investing facility available. It’s one of those visits that I came across WD Gann’s work.
In case you’re wondering who WD Gann is.
He was a trader who died nearly 75 years ago. His work is still a mystery. Only a few people (trustworthy researchers and hard workers) who had spent years on his work are a bit successful in discovering his actual method.
One day, while I was discussing with a broker.
He told me something about market numbers (a mathematical kind of information). That information aroused the desire inside me to dig deep into numbers.
When I started, everything was going above my head.
I was not able to understand anything. But I took the path of the growth mindset (a try-and-fail approach).
I tried hard, in fact, very hard. I even took the tuition of 8th class mathematics again (at the age of 16) to understand the mathematical structure. And that was the best decision, as it brought a breakthrough for me in Gann’s work.
And soon after that, I discovered one of Gann’s key principles works.
That was the stepping stone behind all discoveries. One by one, I picked and discovered many principles of WD Gann’s. Today, more than 20 years have passed, and my research of Gann’s work and journey in the market continues.
About My Trading
What is my trading style? Do I day trade swing trade, or a mix of both?
I trade a mix of both. But I focus more on Intraday (day trading). To give a rough estimate – I can say that 70-75% of my trades are Intraday trades, and 25-30% are Swing trades.
Many traders, especially newcomers, have this problem.
Why do very few people succeed in trading (meaning they really earn their income from Trading) while most people struggle?
The answer to this secret question lies in ONE word.
It’s called “Routine.”
When I took Trading as my full-time profession, I realized that I needed to put in a lot of work and have a clear routine as the day unfolded.
I can’t just roam outside and come and sit in front of the Market as per my wish. And I know that Market punishes if you’re exhibiting this sort of behaviour.
So I carefully crafted my “Routine” – The Routine I follow day in and day out. I’ll start with the weekday routine.
How do I spend my weekday (trading day)?
On a weekday, I usually wake up between 5 am – and 5:30 am. The first thing I do is meditate as per the instructions given by Jose Silva in his book “The Silva Mind Control Method.”
Around 6 am, I go for 2.5 – 3 km of walk daily. Then, from 7:00 am – to 8:00 am, I read books. In this one hour, I read four books (15 minutes each).
Then from 8:00 am – 8:30 am, I take a bath and get ready for my work office, which is near my home. Just before 9, I start my work. (As the Market daily opens at 09:15 am)
Then, from 09:15 am to 4 pm, I trade.
Trading means Trading — no multiple opening tabs in Chrome to read articles. And, of course, not watching my favourite movies on YouTube. No phone calls/unwanted chats with friends/family, and so on.
Moments of distraction here and there mean I’ll lose my focus and ability to read the market and make decisions as the day unfolds. And this will usually result in poor trade decisions, which will reflect in my profit/loss statements.
Markets never lie.
If I’m incurring losses, it’s because of me. And it’s true the other way around as well. If I’m making profits, it’s also because of me.
This me is not my ego. This is the focus, commitment, and sincerity. I’ve towards the Market and to execute my trading plan.
What if there is no good trade opportunity on a given day?
Suppose there is no good trade or I do not understand the market moves on that day (it happens with all full-time traders), then I sit quietly and watch the markets.
Or if I have any outside work (like going to a bank, meeting with CA, or a lawyer), I go and do that. Or, if I don’t have any outdoor work, I work on my future discoveries (research work related to Gann).
Once the Market is over by 3:30 pm, it’s time to party?
That’s the line of thinking most beginner traders have. But in truth, my real secret lies in how I spend time after market hours. Have you heard the phrase “Preparation comes before Success?” That’s precisely what I do.
How do I spend my evening (after market hours)?
The Market closes at 3:30 pm. At 4 pm, I reach home and take a rest from 4 pm – 4:30 pm.
Then, before 5 pm, I go back to the office to work again. Between 5 pm – and 7 pm, I do the following activities.
Then I take a break from 7:00 pm – 7:30 pm. And after that, I work on my trading courses. I write drafts, prepare images, and do other things related to my trading courses.
Then around 9:30 pm, I reach home. Until 10:30 pm, I’ll have dinner and spend time with my family. Then, from 10:30 pm to 11:30 pm, I read four books (15 minutes each) for an hour. Then between 11:30 pm -12:00 pm, I go to sleep.
Do I ever take a break from work? What about weekends, then?
I’m a workaholic type of person.
Weekends are just like regular working days for me. But as markets are closed on weekends, I do the below-mentioned activities.
Morning meditation, walking, and reading books are done on weekends, too – as per the same time and schedule I follow on weekdays.
About this Website
I started this blog/website – www.diveshtechanalysis.com – Because of the following reasons.
There are so many websites/blogs teaching trading skills nowadays. Why should I learn from you/your website?
Yes, I agree. The Internet is now flooded with trading courses. But what makes us unique is 1 reason.
Our 20+ years of experience in the Gann research field.
And I employ those methods in the Market daily. This means I risk my hard-earned money based on Gann’s research findings and my discoveries.
If the discoveries and methods were not working, I would have gone out of this field during the early stage of my career.
Yes, it’s mind-blogging for 20+ years in the same field.
But that’s what makes us unique. Traders continue to learn from our courses because what we teach gives far better results to them.
In fact, 50% of our sales come from old students/clients every year (they keep coming back), which is a good sign that our courses deliver results.
The methods I own work for me.
And it will work for you, too. The complex concepts are broken down into simpler concepts that anyone can understand and implement in their Trading.
What do people get if they buy your course?
They will get Gann’s actual work, which is not available anywhere else. A work (methods and techniques) that gives over 80% accuracy – When applied and understood correctly.
I’m a new visitor to your site. Where should I start? And What should be my first step?
You can start by reading this article. I’ve written about the three stages a trader needs to go through before becoming a consistently profitable trader.
How to Become A Consistently Profitable Trader – The Success Formula
You can also bookmark this site and keep reading my blog articles. I update them frequently.
Wishing You Success
