04-Jan-23: Day trader salary, Part time day trader salary +21,848.75

1> Link to the Chart: 

https://www.tradingview.com/x/6QNbI2NF/

2> Link to the Option Trading Chart 

3> Overall Trading Summary

Learnings 

• Do not trade in first few seconds - let the market settle at least wait for 1 minute. First 1 minute is NOISE and a lot of noise, so avoid it
• What we think as berakout not necessarily it is a  Breakout it could be just a WipSaw be ready to adapt and change the direction in synchronization with the Market trend
• For BankNifty trend to confirm its probability keep checking it with the HDFC and ICICI direction on regular basis, if HDFC or ICICI direction is not in line with the BANKNIFTY is an alarming situations and be careful trade with the less quantity
• Please add HDFC, ICICI, KotakMahindra, SBI bank as part of daily monitoring before start of the trading sessions 
• And as always Patience is the key - if a trade goes negative against me. HOLD, hold and think am I aligned to market scenario & confirm the market situation and go for next trade. For next trade make sure you are comfortable and very sure about the price action and trading setups 

Thank You So Much !!

Regards,

Avinash Sawant

We Are Happy To Help You making Money #FxTradingForLiving