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WEALTH GENERATIONTHROUGH TRADINGART OF TRADINGCA JITENDRA KHANDOL
Golden Rules ofCA JITENDRA KHANDOL 2TRADING
GOLDEN RULE # 1When you are tradingfor the first time,take only 10% risk ofthe total amountavailable for thetrading.CA JITENDRA KHANDOL 3
GOLDEN RULE # 2Maintain Risk-RewardRatioCA JITENDRA KHANDOL 4
Keep a Strict Stop LossGOLDEN RULE # 3Risk Hai, To Ishq Hai Stop Loss Hai, To Trading Hai CA JITENDRA KHANDOL 5
ADD IN FAVORGOLDEN RULE # 4SUBTRACT IN UN-FAVOR :Build a Pyramid forfavorable positions onlyCA JITENDRA KHANDOL 6
GOLDEN RULE # 5Make entry on anybody’s callbut exit at your own. He whobecomes the master in “Whento Exit”, can surely becomea successful trader.CA JITENDRA KHANDOL 7
GOLDEN RULE # 6It is not necessary totrade every day,sometimes‘No Trade’ is the besttrade.CA JITENDRA KHANDOL 8
Trade in quantity when there is aclear cut trend with low volatility.At least once in a week or month youget clear trend. Trade with highvolumes on this day, because TREND isGOLDEN RULE # 7your best friend.CA JITENDRA KHANDOL 9
GOLDEN RULE # 8Do not take bigpositions before abig eventCA JITENDRA KHANDOL 10
GOLDEN RULE # 9Do not try to time themarket, it has its own wayCA JITENDRA KHANDOL 11
Do not change your viewsGOLDEN RULE # 10only because of news &rumors in the marketCA JITENDRA KHANDOL 12
GOLDEN RULE # 11Do not depend on anyone. Tryto take your own decisions.CA JITENDRA KHANDOL 13
GOLDEN RULE # 12Learn from your mistake,make sure that you don’trepeat it next timeCA JITENDRA KHANDOL 14
GOLDEN RULE # 13Never get attached tostocks with positive ornegative bias in yourmind. Trade with NeutralBias.CA JITENDRA KHANDOL 15
Follow the price and notthe stocks.GOLDEN RULE # 14PRICE is GODભાવ એ જ ભગવાનCA JITENDRA KHANDOL 16
Trade the stocks just likeGOLDEN RULE # 15an affair with them; don’tmarry them.CA JITENDRA KHANDOL 17
GOLDEN RULE # 16Chart is theconsequence of priceaction, soconcentrate always onprice actionCA JITENDRA KHANDOL 18
Don’t trade in high betastocks during volatility,GOLDEN RULE # 17chances of you gettingstuck is very high unlessyou are a fast moverCA JITENDRA KHANDOL 19
GOLDEN RULE # 18Always trade throughoptions before a big eventCA JITENDRA KHANDOL 20
Future/Option trading with Open interest inview involves:a.Long built up(Rise in Price alongwith Rise in OI)GOLDEN RULE # 19b. Short built up(Fall in Price alongwith Rise in OI)c. Long Unwinding(Fall in Price alongwith Fall in OI)d. Short Covering(Rise in Price alongwith Fall in OI)CA JITENDRA KHANDOL 21
GOLDEN RULE # 20Don’t sell options unlessyou are master mind traderCA JITENDRA KHANDOL 22
GOLDEN RULE # 21Market is like a testmatch. You have to field get only few chancesof catch during thefor the whole day but day. Take That.!CA JITENDRA KHANDOL 23
GOLDEN RULE # 22Try to convert everyopportunity in your favorCA JITENDRA KHANDOL 24
GOLDEN RULE # 23Buy on Rumor,Sell on NewsCA JITENDRA KHANDOL 25
Do not panic in unfavorablesituation.GOLDEN RULE # 24Fresh mind is utmost necessary totrade in the market.CA JITENDRA KHANDOL 26
Take MORE RISKGOLDEN RULE # 25When you are in Profit &LESS RISKWhen you are in LossCA JITENDRA KHANDOL 27
GOLDEN RULE # 26Do not follow purely bulls orpurely bears.Bulls never say that market will begoing down & Bears never say thatmarket will be going up.E.g. Harshad Mehta Scam seriesCA JITENDRA KHANDOL 28
Whenever there is a sudden largeupward or downward movement, don’twaste your time in finding out theGOLDEN RULE # 27reason. Because reason is notimportant. It’s Your loss which isimportant, try to protect yourcapital and minimize the loss.CA JITENDRA KHANDOL 29
GOLDEN RULE # 28Be positive in life, buildyour self confidence andtry to learn from everysituationCA JITENDRA KHANDOL 30
It has taken me 7 years to learn how to be successful in trading andhow to become a successful trader. It’s not only the smartness,intellect which makes you successful trader. It is the discipline whichis utmost important to become a successful trader. If you follow these rules and trade with strict discipline, you willnever lose money in speculation. Whenever you are in sizable profit, do positive things which inspireyou in life. Always try to inspire losers in life because they needyour help. A few positive words from you can make them feel good, givethem support and motivate them to work hard.CA JITENDRA KHANDOL 31
Do not try to become a millionaire in a short span oftime, it’s a gradual process.CA JITENDRA KHANDOL 32
-CA JITENDRA KHANDOL
GOLDEN RULE # 1 When you are trading for the first time, take only 10% risk of the total amount available for the trading. CA JITENDRA KHANDOL 3. GOLDEN RULE # 2 Maintain Risk-Reward Ratio CA . Future/Option trading with Open interest in view involves: a. Long built up (Rise in Price alongwith Rise in OI) b. Short built up
