Prime Academy

Naresh Yawalkar सरांच्या loksatta मधील पहिला लेख आहे. शेअर मार्केटच्या प्राथमिक संकल्पनांवर आधारित हा लेख नवशिक्यांसाठी उपयुक्त आहे. options and futures समजून घेण्यासाठी नक्की वाचा!"

Topics 1-Spreads in Options, 2-Fibonacci Retracement and Extentions, 3-Intraday options
4-Use of O. I. Intraday.

CLP (Continuous Learning Program) organised by Mr kabeer and students of PRIME academy of capital market on 01th SEPT 2024

















For Registration call : 9892820448 / 9326895030

Thanks & Regards,
Prime Academy
Transcript

Financial Psychology -GREED AND FEAR & HOPE
YOU i.e. your subconscious mind
YOU i.e. your subconscious mind filled with greed, fear, anxiety, hope, positive attitude, negative attitude, confidence ,lack of confidence etc called as your personality trades in the market . Whenever you trade, every hidden emotions existing in your subconscious mind comes out.
Greed .
Greed ......................blinds you to take entry of buying or selling
Greed without following the rules is gambling & with rules is an opportunity to take trade.
Take as much time as you like for analysis and observing the rules while taking the initial trade, instead of falling prey to greed.
Hope without rules is gambling.

Fear
Fear..........................blinds you to take Exit.
Fear with rules is an opportunity for closing the trade.
Once the trade is taken then the fear of
1) profitable trade turning to losing trade,
2) loosing trade etc will strike the panic to square off the trade. Remember price will either go up, go down or sideways.
Here you have to think as a chess player who evaluates his position at every move. Here you have to think what is most likely and probable under the given rules.
so don't let fear create panic.
Current high is not maximum price and current low is not minimum price.
Trading is Not What You Think, it’s a whole package.

First Part TRAIN THE BRAIN Success in share Market (from total 12 parts)

YOU i.e. your subconscious mind
YOU i.e. your subconscious mind filled with greed, fear, anxiety, hope, positive attitude, negative attitude, confidence ,lack of confidence etc called as your personality trades in the market . Whenever you trade, every hidden emotions existing in your subconscious mind comes out.
Greed .
Greed ......................blinds you to take entry of buying or selling
Greed without following the rules is gambling & with rules is an opportunity to take trade.
Take as much time as you like for analysis and observing the rules while taking the initial trade, instead of falling prey to greed.
Hope without rules is gambling.

Fear
Fear..........................blinds you to take Exit.
Fear with rules is an opportunity for closing the trade.
Once the trade is taken then the fear of
1) profitable trade turning to losing trade,
2) loosing trade etc will strike the panic to square off the trade. Remember price will either go up, go down or sideways.
Here you have to think as a chess player who evaluates his position at every move. Here you have to think what is most likely and probable under the given rules.
so don't let fear create panic.
Current high is not maximum price and current low is not minimum price.
Trading is Not What You Think, it’s a whole package.