About this blog

This blog aims at guiding people who trade in the Indian stock markets, to manage their trading as a professional business.

Towards that goal, this blog tries to address psychological issues, thought processes, money management, etc.

So what this blog attempts at, is the following 4 step process, while addressing psychology and thought process.

1. Identifying problems with the trader psychology and thought process
2. Suggesting practical solutions to these problems
3. Pointing out ways to implement these solutions
4. Listing out ways to monitor the implementation of these solutions.

As far as money management goes, this blog attempts to guide the viewer in 

1. Calculating the risk before entering any trade
2. Managing the risk while the trade is alive
3. Creating a plan that will give exponential returns in the long term when steps 1 and 2 are followed meticulously. 

The long term goal of any trader has to be to grow rich out of his / her trading activity. This can only be achieved by being disciplined, sticking to the plan and viewing the activity of trading as running one's own business. 

In short, the blog attempts at mentoring the viewer into staying calm and calculated while watching the gyrations on the screen, and have a chain of successful trades independently. 

However, on a broader horizon, this blog will attempt at guiding the viewer to overcome his / her drawbacks and come out a winner in the trades undertaken.