Trading Lords

EP9: My Trading Rules with a BONUS RULE


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Somesh shares his ten daily trading rules to empower traders like you with invaluable insights to enhance your skills and achieve remarkable success in the market. He breaks down each rule with precision and clarity, emphasizing the profound significance of trading psychology, effective risk management, and adherence to a well-defined trading strategy. 


In this episode, Somesh discusses:

  • Ten trading rules of Somesh:
  • Having a trading plan before entering any trade
  • Setting stop-loss levels and wholeheartedly accepting losses
  • Committing to a specific set of strategies that resonate with you
  • Developing discipline in your trading by being disciplined in your overall life
  • Staying informed about market news and events that could impact your trading stocks
  • Being patient and letting profits come to you over time
  • Tracking Your Trades with Insight
  • Controlling your emotions and not letting losses affect your focus and future trades
  • Taking breaks from regularly trading to review your performance and reset your mindset
  • Take profits out of your trading account and build assets


Tune in now to gain a thorough understanding of these rules!



Memorable Quotes:


“No money lost is still a win. But as long as you follow your plan religiously, every single day, by sitting there patiently, you will grow.”


“Patience pays the patient hand that waits patiently to be paid.”



Resources:


Somesh S (@kay_capitals) on Instagram


Kay Capitals on YouTube


Somesh (@KayCapitals) on Twitter


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Trading LordsBy Somesh S