Be process-drive from outcome-driven

hello, guys, this is Shubham as you know that I am a trader and I love to share about my trading journey I know it is just started but sill share whatever I learn
so as you had read the title be process driven from the outcome-driven

as I started trading 7 months ago and during these 7 months I met a lot of traders and share market aspirant who is in the market for a long time
and I learn too much from these guys Deepesh Bhaiya my fundamental guidance ana Arpit Bhaiya my technical guidance these are the guys who have some experience about the market,

so come to the point what is the process-driven and what is the outcome-driven
I see a lot of trader and stock market aspirants who want to earn from there the first day of the stock market trading career
and this is one of the biggest myth in the stock market everything takes time you will have to give some time with it
first, you should have to understand how the stock market works, what are the basic term of the stock market and I am dam sure that people only things that when the market is going up only when people make money but is this realty? no to do short you can also make money

and not very importent point for the beginner of the trader who has just started there trading career
I want to suggest to you what my honorable teacher suggest to me when I started my trading career
and they said to me" you are just beginner trader and the stock market will never go anywhere so don't do too much trade because unfortunately if you make to many losses in there beginning you will never try to trade again "
and I am very thankful to my sir who teaches me such good thinks
so here why I am telling you to be a process-driven because during the process of stock trading you learn lots of things that what is the range of the stock price, how many points movements gives on the daily basis and much more
but without being a process drive if you be an outcome-driven you will only make losses and nothing you will learn anything
if you want to follow what i am doing so

first, i forecast the chart
trying to catch up indication
decide the entry and exit point
waiting for confirmation
and if i get confirmation I initiate a trade
must put stop loss and target (because the exit is more importent then entry

so guys thank you for reading this do share like comment and follow me on Instagram

stay tuned

Happy trading

Comments

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