If you’re diving into the world of trading, buckle up because here comes a reality check. Trading isn’t a magic money-making machine. It’s a business, and like any business, it takes time, effort, and yes, you guessed it, some losses along the way.

Let’s talk numbers. You’ve probably seen those eye-popping figures online—someone making 10 lakhs, 50 lakhs, or even 1 crore in a day. It’s tempting to think, “Hey, I’ll be rolling in cash in no time.” But hold on. Let me share a story.

About five years ago, I dipped my toes into trading. However, my journey didn’t start then. You see, my father had his own share of trading woes about a decade or so ago. A big loss in gold trading shook our family’s stability to the core. We were in deep waters, so deep that my father had to take loans to cover the losses. That experience left a mark—a reminder that trading isn’t all sunshine and rainbows. It’s more like walking on thin ice; one wrong step, and you could plunge into icy waters.

So, armed with caution, I started trading two years ago, but not with a hefty capital. I knew the risks, and I wasn’t about to gamble away my savings. With no mentor in sight, I relied on trial and error to learn the ropes. And let me tell you, it wasn’t all smooth sailing.

In my first year, I watched helplessly as my 10-month profit evaporated in just two months. Imagine, all that hard-earned money gone in the blink of an eye. Sure, the ROI percentage was in single digits, but it still stung. Trading became an obsession—I was glued to the screen from dawn till dusk, watching every tick, every fluctuation.

And then came the second year. A year of reflection and experimentation. I delved into backtesting and forward testing various strategies. Price action-based, discretionary trading—it was all fair game. But here’s the kicker: success can be deceiving. After a string of profitable days, I got greedy. I thought, “Why not increase my capital tenfold?” Big mistake. With great risk comes great loss. And boy, did I learn that the hard way.

But I didn’t throw in the towel. No, I dusted myself off and soldiered on. The second year wasn’t a jackpot either, but it wasn’t a total bust either. I invested time, I learned, and I adapted.

Now, let’s talk equity. Ah, the golden goose of trading. With the bull run in full swing, most investors were raking in profits left, right, and center. And yes, I had my fair share of wins too. Luck was on my side, it seemed. But let’s not get carried away. Equity is a different ball game altogether.

So, here I am, two years wiser, still navigating the unpredictable waters of trading. It’s a rollercoaster ride, no doubt. But amidst the ups and downs, there’s one thing I’ve come to realize—patience is key.

The world of systematic investing and trading is one that requires patience, dedication, and a long-term approach. In the last two years, I have come to realize the importance of these attributes in navigating the stock market effectively. What began as a journey filled with uncertainty has now transformed into a disciplined approach, which has instilled confidence in me as an investor and trader.

Over the past two years, I have come to appreciate the value of rule-based investing and trading. Adhering to a set of rules has been a game-changer, allowing me to make decisions without being swayed by emotions or gut feelings. This approach has helped me deploy larger amounts of capital with confidence, knowing that my decisions are guided by a systematic process rather than speculation.

One of the most important lessons I’ve learned is the reality of losses in the beginning stages of trading. Like any other business, a high percentage of traders exit the market within five years because they cannot withstand the initial losses. It’s essential to remain steadfast in the face of adversity and understand that losses are an inevitable part of the learning process.

Despite my personal growth and progress, I have encountered numerous instances of misuse of my name for misleading advertisements on social media platforms such as Instagram and Facebook. These ads promise quick riches and 100% loss recovery within days, exploiting my reputation to lure unsuspecting individuals into making hasty investment decisions. This has been disheartening to witness, as my own journey has taught me that the stock market is not a place for get-rich-quick schemes. Instead, it requires patience, discipline, and continuous learning.

As a result, I urge everyone to report these misleading ads and groups that promote unrealistic expectations. Over time, my team and I have worked tirelessly to report these incidents to cybercrime authorities and close down fraudulent Telegram groups operating under my name. Despite our efforts, these groups continue to resurface, preying on people’s trust and eagerness to succeed in the stock market.

In my journey, I have also come to value the importance of learning and sharing knowledge. My channel, dedicated to stock market-related blogs, serves as a platform where I share my experiences and insights with others. My goal is to provide an honest perspective on the market and help others navigate it with a realistic outlook. I am not an expert, but rather a learner like you, and together we can grow and improve our understanding of the stock market.

The past two years have reinforced my belief that the stock market is a journey, not a destination. It is a business journey that requires time, effort, and a willingness to learn from mistakes. While the market may provide rewards for the right decisions, it also penalizes mistakes with losses. It is essential to embrace the learning process and understand that the stock market demands a fee—both in terms of time and money.

Trading and investing can seem like a challenging journey, but it doesn’t have to be. With the right mindset and approach, you can become a successful trader and investor. This blog will cover some key insights and advice on how to approach trading and investing in a systematic and rule-based way. These insights are based on personal experience and can help you navigate the world of trading and investing effectively.

To start with, the most important aspect of successful trading and investing is having a clear, rule-based setup. When you establish your rules, you need to stick to them. If your rules dictate investing or trading under certain conditions, then do so. Likewise, if your rules indicate an exit point, such as a stop loss (SL), then you must act accordingly. By adhering to these rules, you can avoid letting emotions like greed and fear influence your decisions.

A systematic approach removes the emotional component from trading and investing. For instance, if you decide to cut your losses at 1%, you should exit the position without hesitation. Similarly, if your strategy involves trailing profits, you should stick to that plan. This eliminates any chance of making impulsive decisions driven by emotions.

Another key aspect of systematic trading and investing is to avoid over-leveraging your capital. For example, if you’re trading with ₹1 lakh, it’s crucial not to suddenly increase your position size by tenfold the next day. Stick to the plan you’ve set for yourself, whether it involves trading a specific number of lots or sticking to a certain capital limit.

A significant mistake many new traders and investors make is not thoroughly backtesting their strategies. Backtesting involves testing your strategy on historical data to see how it would have performed in the past. Ideally, you should backtest your strategy using at least two to three years of data. Once you’re confident in your strategy’s viability, proceed with forward testing using a smaller amount of capital. This cautious approach will help you understand the potential risks and rewards before committing significant capital.

When it comes to capital allocation, increase your capital gradually. For instance, start with ₹1 lakh and slowly scale up as you gain confidence and experience. Avoid making drastic changes, such as increasing your capital tenfold overnight. Gradual scaling will help you manage risk more effectively.

Avoid comparing yourself to others, especially when you see friends or acquaintances making significant profits in certain investments or trades, such as cryptocurrencies or options. It’s easy to get influenced by other people’s successes, but remember to stay true to your system and rules. The key is to remain disciplined and focused on your own journey.

In the long run, consistency and discipline pay off. Many traders and investors, especially those new to the market, may be tempted to show off their earnings. However, as you mature in the field, you’ll realize that focusing on education and sound strategies is more important than flaunting profits.

Trading and investing is a personal journey, and you don’t have to impress anyone with your earnings. It’s natural to want to share your success when you start making money, but as you gain more experience, you’ll see the value in being patient and disciplined. Ultimately, focusing on education, rules, and long-term goals will lead you to success.

In conclusion, becoming a successful trader and investor requires time, patience, and discipline. It took me two years to achieve success, but it may take you three months or six months, depending on your learning curve. There is no such thing as overnight success in trading and investing. Always focus on the long-term journey and avoid getting swayed by short-term gains or losses.

Remember, the key to long-term success in trading and investing is to learn, take your time, and progress slowly. If you follow this advice, you can build a successful trading and investing career over time. Let’s continue learning and growing together on this journey. Jai Hind!