Steps Every Trader Should Take to be Profitable

Road to success in the market goes through failures, making money in the markets is not the easiest job. For that, you need Patience Discipline Mental Strength & significant amount of study & knowledge.

There are vast numbers of people taking part in the market and out of them, the majority thinks alike.

Your first step is to know the market of your interest. It will be useful for you if you have a clear mind whether you want to trade in Equity or Currency or Commodity.

You will get enough opportunities in every trading market, but you can't trade all of them at the same time. It’s always better to Follow and study the specific market in which you have an interest.

Are you a Trader or an Investor?  The second step is very Critical, as most of you would have faced the problem in defining the state of your trading. 

As most of the newbie’s in the market get fumbled down due to this reason.  For investing knowledge of fundamental factors likes’ sales, earnings growth etc. Whereas in trading one needs the expertise of various technical analysis tools.

Follow a disciplined Strategy: This is a widespread problem in novice traders. They jump from one trading system to another, without doing the practice.  All successful traders follow their trading strategy and rules.

Stop Chasing the crowd: You cannot interpret a different idea if you use the same tools which are used by the majority of the day traders. So, you can use non-conventional, rare and unique tools for your trading.

A Profound Mathematical Trading Method

Kinship Trading Principle is a Mathematical approach in trading & investing, for Locating 'Price & Time' changes on all time frames.

That takes you to the last and the final step of this incredible journey. Trading is a profession where you have many risks, but you can mitigate those risks by using the right risk-management tools and techniques. 

You can find out fantastic market opportunities using our unique techniques if you want to optimize your profits and stop losing your money and time in the market.

Then you need to full proof all your trades with risk management & unique techniques like ours one.

About the author

Divesh Jotwani is a Full-time trader in the Indian stock market. He has spent over 20+ years researching and discovering WD Gann's methods and applying them day in and out markets.