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Session 1

This document provides an orientation agenda for a 3-month mentorship program on trading stocks and futures. The agenda covers various trading strategies and concepts, including picking stocks, avoiding false breakouts, risk management, sector analysis, and indicators. It also establishes rules for participants, such as completing assigned tasks regularly and avoiding irrelevant questions. The document emphasizes that becoming a good trader takes time and devotion, and participants should not expect miracles overnight. It concludes by checking sample trades based on support/resistance levels, Fibonacci retracements, and other technical indicators.
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Available Formats
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0% found this document useful (0 votes)
125 views25 pages

Session 1

This document provides an orientation agenda for a 3-month mentorship program on trading stocks and futures. The agenda covers various trading strategies and concepts, including picking stocks, avoiding false breakouts, risk management, sector analysis, and indicators. It also establishes rules for participants, such as completing assigned tasks regularly and avoiding irrelevant questions. The document emphasizes that becoming a good trader takes time and devotion, and participants should not expect miracles overnight. It concludes by checking sample trades based on support/resistance levels, Fibonacci retracements, and other technical indicators.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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AK MENTORING

DAY 1
ORIENTATION
2020
STARTS AT 7AM
AGENDA
▸ -How to pick up stocks for both Intraday and -Price action
Swing -OI interpretation for Futures
-How working individuals need to pick trading style
▸ -How to avoid false breakouts and how they can make money
▸ -Which candlesticks work -Realistic % approach for trading and setting up
entry exit rules
▸ -Multi time frame analysis -Setting risk reward based on volatility
▸ -How to avoid analysis paralysis -Reversal and Breakout trading
-How to build your own system with reference points
▸ -Risk management hacks and how -Trading Journal
compounding can be achieved in trading -Trading psychology
-Managing index futures Intraday
▸ -Sectoral analysis
-Managing index futures Positional
▸ -Stop loss setting in the best possible -The only indicators you would need (5)
manner -Trading non FnO scrips
-Which paid and free softwares one can go for if one
▸ -Trailing Stop loss and efficient ways to use wishes to? 2
it HARCORE OPTIONS AS MENTIONED BEFORE WONT
BE COVERED
RULES
Now for 3 months from today all your Don’t rush in,we have ample of time. 3
Sundays will have some learning experience. months you will be under supervision so
relax,this is not like our single day webinars.

Language HinGLISH
We will use school methodology i.e. start
with very basics and slowly progress
ONLY those who would do the task assigned towards our ultimate aim of becoming a
regularly will see improvement. better trader.

DON’T expect miracles in a single day. It’s a DON’T expect to help you out in stuck
process and no one becomes a good trader in positions or buy or sell recos. Aim is to make
a single day. It takes TIME and DEVOTION. you independent.

3
RULES
In case of any power cut at our end,don’t Everything will be touched which was
worry in 5 mins we will be back with the help mentioned in the registration link like
of our backup. entry,exit,strategy,psychology etc and
everything which was not mentioned will not
be covered like option strategies,gann,Elliot
Make sure you have a backup of phone data etc. For that will plan separate webinars in
in case of power cut at your place. future.
Ample of time will be given to all so that you
DON’T ask irrelevant questions. can ask your questions so please don’t rush
in.

4
RAAZ
Trading cant be learnt in 3 months During the mentorship avoid NOISE and
chaos,your mind should be able to think
FREELY
40% of you MAY not become a good trader

Try to remain positive in all times. You


Going STEP by STEP is a better thing to do wouldn’t see any accomplished trader being
very negative

Perform the TASKS

5
“ WHY START WITH SMALL
CAP
▸ Confidence
▸ Practice
▸ Sustainable

6
“ STEP 1 BROKER
▸ Margin
▸ Square Off
▸ Style : Intraday or Swing
▸ Capital you have
▸ Segment : Cash Vs Options Vs
Futures

7
“ STEP 2 STYLE
▸ Intraday and Swing
▸ SELF EVALUATION:
Time commitment?
Pulse rate?
Your command on emotions?
Your AGE?
Your capital growth expectations?
Stress handling and love for thrill?
▸ Segment : Equity? Options? Futures?
STT & Ex TST 8
“ STEP 3 ORDER TYPE
▸ BO & CO ONLY if capital is below 2L
▸ Intraday MIS or NRML
▸ Swing NRML without MARGIN
▸ Order type = LIMIT
▸ AMOs for office goers

9
“ INDEX STEP BY STEP
▸ % constituent
▸ They don’t break their lows of first 30
mins OR they don’t break their high of
first 30mins
▸ Check Global cues in the MORNING :
DOW fut and DAX fut
▸ PCR

10
TIME TO
CHECK INDEX
TRADES NOW
1. H L

11
RULES 1

▸ Prev Day H & L


▸ Rule : Marking has to be done on prev day ONLY
▸ If entire day market was trending and closes day,day
low : We pick candle 3.10-15 avg (When 500 pt move)
▸ We hunt for PROPER candles and not casual
▸ If area tested again and again,either don’t trade or
trade with STRICT SL and be ready to take quick
contra views
12
RULES 2
▸ Mark BOTH wick and body for BETTER
confirmation
▸ If initial trade goes wrong, your SL hits and the
candle hitting it is a PROPER candle, make sure
you inverse it as 80% of times it will yield
profitable results.
▸ If massive action takes place in first candle and
then HL level is tested,high conviction contra
trade.
13
RULES 3

▸ If it spends more time after breakout or


breakdown, prefer to exit with lower
expectations.
▸ After experience,near SL also put 2 SLM
orders.
▸ Quantitates to increase ONLY with experience
and PERFECT match.
▸ RISKY after 2.00 pm
14
RULES 4

▸ ALERT when injection is formed


▸ If quick 100-200 move has happened,CAUTION
is advised
▸ 2 consecutive injection = exit & wait for
reversal
▸ 80% candle body above range=Better
▸ Always wait for 2nd candle for confirmation
15
TIME TO
CHECK INDEX
TRADES NOW
2. IFB
Index F Blast
16
RULES 1

▸ Use Fibo on PERFECT candles and not TINY


candles ( atleast 20 pts in open close range)
▸ Use 15 min time frame
▸ Touch the areas top to bottom
▸ Golden numbers
▸ You have to be quick as time frame is
big,judgement and execution comes with
experience. 17
RULES 2

▸ Stop is the immediate next level


▸ Bigger candle REJECTIONS give better
opportunities
▸ TGT 50-80 pts
▸ Ideally good for writers esp when confusion or
EXPIRY
▸ PLACE TGT in SYSTEM
18
“ UNDERSTANDING PCR
▸ % constituent
▸ They don’t break their lows of first 30
mins OR they don’t break their high of
first 30mins
▸ Check Global cues in the MORNING :
DOW fut and DAX fut
▸ PCR

19
“ UNDERSTANDING PCR
▸ Gauging sentiment indicator
▸ 1 is the main number : More than 1 =
higher puts are traded and less than
1= more calls are traded
▸ Most people make the mistake and
consider it from buyers side but we
should check from sellers side

20
“ UNDERSTANDING PCR
▸ Near resistance if it drops CAUTION
▸ Near support if rises BULLISH
▸ Falls from 1.1/2/6-1.8 CAUTION
▸ Rise from .5 to …. BULLISH
▸ 1 is DOJI,confusion state

21
1
FINAL ADD ON
26 S Index
RULES 1

▸ Best for pyramiding (Reverse averaging)


▸ AVOID AVERAGING
▸ When confluence for both,90% probability
▸ To identify the trend
▸ Be ROCK Solid with confluence, ATLEAST 2
should match
▸ On prev day unexpected events,be flexible &
use tiny trendline 23
MIXTURE

▸ High Low Prev Day


▸ Fib
▸ MA = Pet bharne wala Setup
▸ SL The F level or HL or MA which
ever is nearer
▸ If candle is huge,TGT less but if
candle is small 60-100 pts on card
24
MIXTURE

▸ Aim shouldn’t be to make all


trades profitable, aim should be to
keep losses under check.
▸ If you lack discipline,start small
with cover/bracket order.

25

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