Banknifty Trader

There is a lot of talk about trading in our country. Some think trading is gambling and for others it is a business. Trading is not as easy as it seems. They come to make a lot of money trading in the stock market but end up losing all their money. In fact, everyone does technical analysis and makes strategies but doesn’t know that there is anything called trading psychology. Do you know one thing? No matter how much technical analysis you do in trading, it depends on 20% of your trading journey. The remaining 80% depends on the psychology of trading.

What is Trading Psychology ?

The psychology of a trader is how a trader can explain his mind or control his mind according to his strategy after taking a trade.

Is trading strategy not the same as trading psychology

I’m telling you the truth, trading psychology is involved in the stage, if you’ve been following the stage for years. If you are trading with strategy but not following, you have separated strategy and trading psychology. And the consequences can be disastrous.

Let me expand on strategy+trading psychology with a simple example

Imagine you are going to a place, there are two roads to go, one road you know well and the other you don’t. Now tell me which road you will take? Definitely go on the road you know. Think carefully about why? Now you say I know so I’ll go, risk free. In fact, your brain says I have the data of that road, there are many data saved before that road and I recognize every step. In short, there is a reason for it to go on the road, there is no reason for it. This is the strategy. So you almost go that way whenever you have to.If you are going the other way whenever-then you are not following trading psychology. This can put you in big danger. But it is also true that you cannot say that you are 100% safe on any road. No one can tell you where what happens. You also know that. However, knowing a road well reduces the risk. If you go that route, you are following strategy as well as trading psychology. I mean, you’re not gambling, you’re doing business.

How to follow trading(trading psychology) very easily

You have created a trading strategy. You don’t have to do anything, take it easy. One thing, don’t make the mistake of making the stage and not messing it up. Watch someone’s news, listen to escparts and don’t listen to anyone at all. Stay with your strategy. Whatever it is. When you trade, exclude the profit, think about the S-L that the loss will happen and I am ready for it. All the rules of strategy like -how many maximum trades to take in a day, how much to close the stock market at a loss, not to take over trades at a loss etc.

I am saying this from my own experience. You will definitely benefit if you follow this whole thing carefully.This is trading psychology which is a very important part in the stock market. This is what many people trade with impulse which can be terrible.

The Banknifty index is a big index. Many people trade here but no one knows it well. I mean, I don’t mean to say that you don’t know about Banknifty. They don’t know about the nature of Banknifty. They know a lot of technical things but they don’t know the nature of Banknifty. Do you know who these qualities are? What do you think if this is some bad news? If you have FII Long, you will lose your options. Not at all, FIIs will buy Index stocks for their own profits. Try moving it up a little. Not only Fii does this, Dii also does this. Why not everyone wants profit more or less.

How much up and down Banknifty ends up closing in 1 week

Everyone knows that Bank Nifty expires 4-5 times a month. If I take a week’s journey, it starts on Friday and ends on Thursday. Bank Nifty closed 500 points above or below the beginning of Friday in 1 week.

How much does Banknifty go up or down in 1 week

I am telling weekly traders that Banknifty goes up or down by about 1000-1500 in a week. and finally closes behind 500 points.

Why small traders lose most trades

fii-dii is the king of the market. We all know that. Who do they get the profit from? It’s definitely from us. But they also sometimes lose. In this case, they create an atmosphere of fear. Which is what our small traders don’t understand.

How the market intimidates small traders

Suppose Bank Nifty went up 300 points on the first Friday and a trader is making a profit with a position. The next day it went up another 250 points. Bank Nifty fell 500 points on the same day as fii started selling on Tuesday. Now the trader started to lose money. Now Dii needs to equalize the market. But they haven’t bought it yet. They are waiting because they are likely to buy a little lower. But the trader cut the position to sit a little more loss. It is 2 pm and the market is down 600 points. Dii came, started buying, Bank Nifty ended below 400 points. The next day he worked above 300 points and on the last day he finished above 500 points. This is how the trader could have hit his target if he had stayed to the last.

What to do to avoid market fear

Those who buy Banknifty options can invest points SL equal to the target. The 600 point SL is especially useful for those who sell options. The initial strike price of the market can be added to the initial trade price to give SL. Now everyone will say that the premium is small and the SL is so big. That actually hits our SLs more around the market.

All of the above is written from my own experience. Everyone will take their own conscience before trading. My purpose is to inform you a little bit about the market. Trade and be in profit at the end of the year.

Author Archives: Banknifty Trader

Trading Psychology

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