what’s worked for you, what’s blown up, and how do you manage risk when the market gets crazy?
Note : do not post AI written stories 
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Risk management = Maths
Money management = Discipline
Patience = timing
Consistency = habit
Analysis = knowledge
Psychology = brain
Strategy = experience
Adaptability = flexibility
Timing = intuition
Execution = action
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Not following TA
Greed.
If i lose 5 percent of capital in one day, I just close the system for a couple of days.
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How do you handle intimation of leverage and self ego.
Truth is after small profits you feel like you know everything and market humbles you 
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I follow my own rules strictly. At 5 percent loss I just have to exit completely.
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How do you analyze the market, then? (I’m a newbie I’ve just learned the fundamentals and track my parents’ investments)
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He just makes his own observation. I would argue it’s still TA, but he calls it otherwise. Strict TA means, for example, taking a bull call, and putting a SL on the low of the previous high, in an uptrend, but whales need liquidity to exit/enter their position, so they can also guess where the majority of SL are - So, usually market will hunt SLs before moving up. It’s just 1 level deeper than basic chess. You don’t just play the rules, you play your opponent, what they are thinking and anticipating and acting accordingly. You’re playing against professionals who mastered taking money from retailers. If you’re starting, it’s almost guaranteed you’ll lose for a few years.
I believe He also uses option chains.
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can you please give an example how can someone use option chain to identify sl hunt? and how do you trade through sl hunting or by chart reading?
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I think @Jason_Castelino can better answer that. A famous quote from a famous trader is “I place buy orders where others place their stop losses”.
Ego builds the trade, leverage buries it.
From my experience both trading myself and now being on the risk side this couldn’t be more true. Ego makes you think the market will turn in your favour, and leverage just speeds up the damage. One hides the risk, the other multiplies it.
If you manage this well, you don’t need any fancy strategies. @Shubhanshu @Meher_Smaran may be you guys can add something more here .
Also check this Nitin Sir’s tweet.
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Having a systematic approach towards trades works. However the returns looked so lucrative.
Greed, Anxiety always blown me up, so I switched to Algorithmic Trading from Manual Trading.
I added some preconditions in my risk management script, it handles everything now.
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Haha, Adarsh pulled me into this one 
I’ve learned that trading isn’t about beating the market it’s about surviving your own impulses.
Ego and leverage aren’t the villains it’s the illusion of control that gets us.
My trick? I treat trading like sports. Some days you attack, some days you defend, and sometimes the smartest move is to just stay off the field.
The market’s like an opponent that never gets tired the moment you stop respecting it, it reminds you who’s in charge.
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This is one of the most important part of the trading, How the risk should be managed? Because most of the traders, even after building solid strategy and risk management plans on paper, still feel much resistance to control or rewire their psychology for better execution.
I’m a scalper, and spend about an hour on market, enough for me to make good money, trade on funded accounts.
I always place a predefined system sl with trade. I thought and decide it already at time of placing trade, no changes or modifications after it, even if the analysis supports the bias. This was transformational for my trading journey.
Why it’s better : A predefined system SL helps to cut emotional resistance that occurs while accepting the loss manually.
When you are at beginning of trade, you feel easy to place SL, because at that time, almost zero emotional turmoil, but when loss begins, it is in this phase, accepting it manually becomes much harder, and it is where a System SL works well. So i follow rule, I never take any trade without predefined system sl.
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