A Day Trader’s Journey from Rs 10,000 to Rs 4 crore | Intraday Trading for a Living|Rajendra Paliwal

Published on June 5, 2022

Latest high defination online streaming relevant with Automatic Forex, Trading Tool, Momentum Oscillators Forex, and What Is A Stock Day Trader, A Day Trader’s Journey from Rs 10,000 to Rs 4 crore | Intraday Trading for a Living|Rajendra Paliwal.

In this conversation with Rajendra Paliwal, we discuss how he turned his Rs.10,000 into Rs.4 crore with Intraday / Day Trading. He started investing in his 20s which helped him to learn from his mistakes early on. and we discussed on Option Data, Price Action, Screen Reading Psychology trading and etc.

He has shared four things which he looks for in intraday trading. These are:
– Options Data: Call and Put Writing
– Price Action: Previous Week/Month Highs and Lows
– Screen Reading: Sustaining above/below last 15 minutes price
– Trading psychology: What are other players likely to do at a particular price

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What is Intraday Trading? Read Intraday Trading Strategies
https://www.samco.in/knowledge-center/articles/what-is-intraday-trading/
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He has also shared his technique of selecting stocks for intraday trading. His advice for young traders is to start with small capital and maintain a risk to reward ratio of 1:3 for each trade.

So, if you want to learn the nuances of day trading for a living then you must watch this episode without fail.

About Rajendra Paliwal:
Rajendra Paliwal is a young and passionate day trader and a tax consultant. He started trading in 2009… after listening to stories of his friends and relatives making money in the Stock Market.
He started with a small capital of Rs.10,000…and trade only in the cash market. Because of limited capital, he was not able to bet on many opportunities…but later he came to know about leverage and margins which opened his boundaries.
He participated in Indian Trading League which was India’s first stock market league organized by Samco Securities…and won 2nd prize in the Monthly Student league by making 480% returns within a month
His constant effort and dedication to win in the markets helped him turn his small capital of Rs.10,000 to Rs.4 Crore in 7 years. He considers market veteran Anil Singhvi as his guru. He likes to travel with his friends and family.

0:00 About Rajendra Paliwal
1:56 How Rajendra decide to make his career in the stockmarket
3:30 Advantage of trading in cash derivative market
4:53 How Rajendra’s family reacted
6:50 How Rajendra grew his trading capital
7:50 One thing Rajendra learned in his learning phase
8:50 How Indian Trading League (An initiative by Samco) changed Rajendra’s life
10:29 Things to look at while doing DayTrading
11:27 How to Select stock for trading
12:20 Number of stocks one should keep on the radar
13:29 Options Data Analyses
15:24 Example of Call and Put Data Analyses
16:23 What is Short-covering
17:16 How to do screen reading
18:06 Price action analyses
19:53 Things to look at while taking contra trade
20:42 Best time to take a trading position
21:43 How to analyse Trading Physiology
25:53 Advice for new traders
27:00 Guru of Rajendra Paliwal
27:34 Happiest day of Rajendra
28:35 Life lesson of Rajendra Paliwal
29:36 Highlights of Episode

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What Is A Stock Day Trader

What Is A Stock Day Trader, A Day Trader’s Journey from Rs 10,000 to Rs 4 crore | Intraday Trading for a Living|Rajendra Paliwal.

Currency Trading Fundamentals – An Easy System Anybody Can Use For Big Profits

Rule primary: Finance is of utmost importance if you are in for a long period of time of TF. However, when the rate touches the upper band or the lower band, it in itself is not a trading signal.

A Day Trader’s Journey from Rs 10,000 to Rs 4 crore | Intraday Trading for a Living|Rajendra Paliwal, Explore more replays relevant with What Is A Stock Day Trader.

3 Methods To Utilize Technical Analysis As Part Of Your Trading Technique.

That is, obviously, till I got so stressed out attempting to catch the reversal and I would offer up. Recognize when to exit: you should also define the exit point in you forex trading system.

You can so this by utilizing the stochastic momentum sign (we have actually written regularly on this and it’s the very best indicator to time any trade and if you are not farmiliar with it discover it now) expect the stochastic lines to turn down and cross with bearish divergence and go short.

The trader can monitor at which pivot level the rate has actually reached. if it goes at greater level, this can be presumed as extreme point for the price, the trader then should check the Stochastic Trading worth. if it is higher than 80 percent for long period of time, this will be indicator that the currency is overbought and the trader can go short. the currency will go short to much at this case.

Them significant problem for the majority of traders who utilize forex technical analysis or forex charts is they have no understanding of how to handle volatility from a entry, or stop point of view.

Several traders just await the time when the cost will reach near the point they are anticipating and believe that at that point of time they will go into the trade and expect Stochastic Trading better levels of hold.Never ever anticipate anything or think anything since it will cause a quick erase and the marketplace will take off your equity and will not give you any rewards.

Simplicity. A Forex Stochastic Trading system that achieves success is likewise basic. Get too made complex with a lot of guidelines, and you’ll simply be slowed down. Easy systems work better than complex ones do, and you’ll have a better possibility of success in the Forex market, regardless of its fast speed.

Technical Analysis is based on the Dow Theory. Dow theory in nutshell says that you can use the previous cost action to predict the future cost action. These rates are expected to include all the publicly available info about that market.

Energy markets are unstable and can make any trader appearance silly but they provide some great earnings opportunities at present which traders can make the most of.

I do the same thing with my existing clients. Your ability to get the finest from this technique depends upon the method you efficaciously apply the technique. There are many kinds of charts that a person can use in TA.

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