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Trading Rules to follow

1.Do not listen to anyone's commentry on Market. Do you own Research and rely on
yourself.
2.During Market hours do not go to Twitter or Telegram. Follow the price Action.
3.Always to Chart/Market Analysis from higher timeframe to lower timeframe ->Weekly
to Daily to Hourly to 15mins to 5mins.
4.On the Chart mark important Support and Resistance Level from different
timeframes.

5.Before Market opens (night before) - Plan different scenarios for next day - Like
What you will do when Market GapUP, Gap Down or open Flat or in a Range.
6.Check out the impacts of VIX, Global Markets and News.
7.Be aware of important Dates for Announcements, RBI meeting, FED meeting, relevant
Data - Currency Rate, CPI, Inflation, Job numbers etc.

8.SELF MONITORING ->How are you feeling today - Are you angry? Do you have a fight?
Are you overwhelmed by your last day's Profit? Are you sad about last day's Loss?
Are you too confident about your Analysis? Are you too exicted?
If you have any of the above then better NOT TO TRADE or NOT TO TRADE BIG. Your
trading and it results will be impact by you EMOTIONAL state.

9.Once Market is open wait for first 5-10minutes, let the Market show the
direction. Your pre-market Analysis may get wrong so it is better to wait for
Market to show the direction.
10.Check out all the different charts setups you have to be sure of direction and
confirmation before taking any trade.
11.If you do not find any trades then do not JUMP the GUN, means don't be in FOMO.
Let the charts give confirmation and let the easy trade come to you.
12.Do not visualize Charts. Let the chart show what is going on.
13.Plan proper RISK REWARD. This has to be strict strict. We cannot loose this one.
Cut the LOSS whatever it may be. If it is not performing as expected CUT THE LOSS
ASAP.
14.When doing Option Buying be a SCALPER. You cannot HOLD your options positions.
Target 10-15points per trade.
15.If it is treding Day then you can trail the stops and cut the trade once you see
any reversal.
16.If you have 3 lossing trades Close the trading for that Day, just watch the
Market DO NOT TRADE. NO FOMO. Just watch.
17.Always DO Post Market Analysis.

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