10 lessons i learnt as a trader

12
10 Lessons I Learnt as a Trader Deepak Shenoy Capitalmind.in

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Post on 06-May-2015

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Presenation at #TC2013 about what I learnt as a traders. The 10 rules that are sacrosanct...or not.

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Page 1: 10 lessons i learnt as a trader

10 Lessons I Learnt as a Trader

Deepak ShenoyCapitalmind.in

Page 2: 10 lessons i learnt as a trader

10. The Price Is King. In your Timeframe.

You can’t hold

forever

Markets will react weirdly

Don’t fight the price

Respect your stop

loss

Page 3: 10 lessons i learnt as a trader

9. Understand Leverage

Amplify Returns

And Risk

Don’t Lose It

All

Page 4: 10 lessons i learnt as a trader

8. The Revenge Trade is Bad

Bought Stock

Hit Stop loss

Lost Money

Revenge

Page 5: 10 lessons i learnt as a trader

7. Size your Position Reasonably

Risk at 1% per trade

Return should be higher?

Volatility Stops etc

Size Entries/Exit

s

Page 6: 10 lessons i learnt as a trader

6. Option Trades Must Work Fast

Page 7: 10 lessons i learnt as a trader

5. Prices are Manipulated. So what?

Page 8: 10 lessons i learnt as a trader

4. Be Cynical Of Easy Opportunities

Page 9: 10 lessons i learnt as a trader

3. Beware of Overfitted Systems

Page 10: 10 lessons i learnt as a trader

2. Keep a Trade Log

Page 11: 10 lessons i learnt as a trader

1. Stop Listening To Other People

Page 12: 10 lessons i learnt as a trader

0.Know when to break the rules([email protected]) http://capitalmind.in