Name: Age:

Date:

You do not have

to be GREAT to START,

You have to
START to be GREAT.

DAY 0
Foundation to Success

BEFORE YOU ...

1.Open your Trading Account

AskShankar.com/zerodha
2. Fund your Trading Account
3.Decide on the Time Frame (Monthly, Weekly,
Daily, Hourly, 15mins, 5mins, and 3mins)
4.Learn the Entries and Exits (Different Order
Types)
5.Write your Trading Plan


DAY 0
Foundation to Success

STOCK MARKET BASICS

Plain and simple, stock is a share in the ownership of
a company

Stock represents a claim on the company's assets

and earnings. As you acquire more stock, your
ownership stake in the company becomes greater.
Whether you say shares, equity, or stock, it all means
the same thing.

In today's computer age your brokerage keeps stock

certificate (A stock is represented by a stock
certificate) electronically.

DAY 0
Foundation to Success

The primary market is where securities are

created (by means of an IPO)
The first sale of a stock, which is issued by a
company, is called the initial public offering (IPO).

A secondary market is where investors trade

previously-issued securities without the
involvement of the issuing-companies
The secondary market is what people are referring
to when they talk about the stock market. It is
important to understand that the trading of a
company's stock does not directly involve that
company.

DAY 0
Foundation to Success

NSE (National Stock Exchange) and the BSE (Bombay Stock

Exchange) are the two most significant stock exchanges in
India

The NSE's key index is the S&P CNX Nifty, known as the NSE NIFTY
(National Stock Exchange Fifty), an index of fifty major stocks
weighted by market capitalization.

The BSE SENSEX, also called "BSE 30", is a widely used market index
in India and Asia.

While both have a similar total market capitalization (about USD 1.6
trillion), share volume in NSE is typically two times that of BSE.

DAY 0
Foundation to Success

Stock prices change because of supply and demand

If more people want to buy a stock (demand) than sell it (supply), then the price moves
up. Conversely, if more people wanted to sell a stock than buy it, there would be
greater supply than demand, and the price would fall.

Understanding supply and demand is easy. What is difficult to comprehend is what makes people like
a particular stock and dislike another stock. This comes down to figuring out what news is positive for
a company and what news is negative. There are many answers to this problem and just about any
investor you ask has their own ideas and strategies.

What causes the change in supply and demand? The best answer is that nobody really knows for sure
Some believe that it isn't possible to predict how stock prices will change, while others think that by
drawing charts and looking at past price movements, you can determine when to buy and sell. The
only thing we do know is that stocks are volatile and can change in price extremely rapidly.

The important things to grasp about this subject are the following:

1. At the most fundamental level, supply and demand in the market determines stock price.
2. Price times the number of shares outstanding (market capitalization) is the value of a company.
Comparing just the share price of two companies is meaningless.
3. Theoretically, earnings are what affect investors' valuation of a company, but there are other
indicators that investors use to predict stock price. Remember, it is investors' sentiments, attitudes
and expectations that ultimately affect stock prices.
4. There are many theories that try to explain the way stock prices move the way they do.
Unfortunately, there is no one theory that can explain everything.

DAY 0
Foundation to Success

Bull market is when everything in the economy is great and stocks are rising
Things are just plain rosy! Picking stocks during a bull market is easier because everything is
going up. Bull markets cannot last forever though, and sometimes they can lead to
dangerous situations if stocks become overvalued. If a person is optimistic and believes that
stocks will go up, he or she is called a "bull" and is said to have a "bullish outlook".

A bear market is when the economy is bad, recession is looming and stock prices are falling.

Bear markets make it tough for investors to pick profitable stocks. One solution to this is to
make money when stocks are falling using a technique called short selling. If a person is
pessimistic, believing that stocks are going to drop, he or she is called a "bear" and said to
have a "bearish outlook".

The Other Animals on the Farm - Chickens and Pigs

Chickens are afraid to lose anything. Their fear overrides their need to make profits and so
they turn only to money-market securities or get out of the markets entirely. While it's true
that you should never invest in something over which you lose sleep, you are also guaranteed
never to see any return if you avoid the market completely and never take any risk.
Pigs are high-risk investors looking for one big score in a short period of time. Pigs buy on hot
tips and invest in companies without doing their due diligence. They get impatient, greedy,
and emotional about their investments, and they are drawn to high-risk securities without
putting in the proper time or money to learn about these investment vehicles. Professional
traders love the pigs, as it's often from their losses that the bulls and bears reap their profits.

"Bulls make money, bears make money, but pigs just get slaughtered!"

DAY 0
Basics First


DAY 0
Basics First


DAY 0
Basics First


DAY 0
Basics First

FREE TOOLS
FOR ANALYSING CHARTS
AND OTHER THINGS

MoneyControl.com

Investing.com

Tradingview.com

Chartink.com

Screener.in

Trendlyne.com

TickerTape.in


DAY 0
Basics First

ORDER TYPES

Market:

Limit:

SL:

SLM:

GTT:


DAY 0
Basics First

TERMINOLOGIES YOU
MUST KNOW...

GOING LONG 👉 BUYING FIRST AND SELLING LATER

GOING SHORT 👉 SELLING FIRST AND BUYING LATER

1:1 EXIT 👉 IF YOUR SL IS 10RS, AND IF YOU GET 10RS

PROFITS, IT IS CALLED 1:1 EXIT

1:2 EXIT 👉 IF YOUR SL IS 10RS, AND IF YOU GET 20RS

PROFITS, IT IS CALLED 1:2 EXIT

3.15 PM EXIT 👉 IT IS THE END OF DAY EXIT WHICH

MEANS AT THE END OF DAY EXIT

TRAILING STOP LOSS 👉 YOU START WITH ONE STOP

LOSS AND YOU MOVE YOUR SL EVERY DAY (OR
WHATEVER THE TIME FRAME IS)

:
 DAY 1
MONDAY IS A MONEY DAY

If thoughts can affect words, Words can also Affect Thoughts.

I am a Millionnaire Trader
and I Invest and Execute
Millionaire Trading Systems
 DAY 1
555 Method of Manifestation

Home Work #1: Repetition is the Key

Write your Trading Affirmation / Mantra for 55 times for 5 Days.

Step1: Chose your Affirmation or Mantra

Example: I am a Millionnaire Trader

and I Invest and Execute
Millionaire Trading Systems

Step 2: Write your Affirmation on a Piece of

Paper. Write 55 Times for 5 Days Straight.

Step 3: Leave it to Higher Power / Universe

and concentrate on working hard to manifest
what you have written for 5 days
 DAY 1
MONDAY IS A MONEY DAY

If thoughts can affect words, Words can also Affect Thoughts.

Large Sums Of Money Come To Me Easily
And Quickly In Increasing Quantities
From Multiple Sources On A Continuous
basis In the best interest of all, That I get
to keep!

This Special Affirmation is designed by combining all of my personal favorite financial affirmations. This
has helped me and my students to redefine our relationship with money in my life.

Large Sums Of Money (I want large sums to come into my experience)

Come To Me (Yes it comes to me)
Easily And Quickly (You don't want it to be hard and you don't want to wait forever)
In Increasing Quantities (You want this to go up instead of stay stagnant)
From Multiple Sources (why depend on one source for your money?)
On a continuous basis (you don't want to just make this one time!)
In the best interest of all (allow money into your experience that is in the best interest of all, you don't want
to break the law or hurt others to make it)
That I get to keep! (Often times you receive the money but then you have to spend it right away, it means
nothing if you make and then have to spend it)
Do this with feeling, treat it as a memory, accept it as the truth and become it.
 DAY 1
MONDAY IS A MONEY DAY

Case Study: Here is how Ramesh transformed his beliefs around

Money, Trading & Investing.


DAY 2
TECHNICAL TUESDAY

Write below the 5 Components of a Trading

System.

1.

2.
3.
4.
5.


DAY 2
TECHNICAL TUESDAY

Write down the 4 Types of Analysis.

1.

2.

3.

4.


DAY 2
TECHNICAL TUESDAY

"Test Before your Trust, But Don't Test after you Trust"
#Shankism

WHAT IS BACKTESTING?

for seeing how well a
Backtesting is the general method
strategy or model would have done ex-post. Backtesting
assesses the viability of a trading strategy by discovering how
it would play out using historical data. If backtesting works,
traders and analysts may have the confidence to employ it
going forward.

Definition by Investopedia
 DAY 2
small loss BIG PROFIT Quadrant

The elements of good trading are

(1) cutting losses,
(2) cutting losses, and
(3) cutting losses.
If you can follow these three rules, you may have a chance.
-By Ed Seykota

 DAY 2
small loss BIG PROFIT Quadrant

Home Work: Manually backtest your Trading Ideas and Write

down the Loss and Profits here. (Pick 2 Loss Trades and Pick 2
Profits Trades and write the entry and exit points below)

 DAY 2
Trading Strategy

Home Work: Write Down your Entry Rules and Exit Rules

 DAY 2
small loss BIG PROFIT Quadrant

ASSIGNMENT

1.Plot SMA of -- Value

2.Identify with Stocks with Slope --
3.Look for ----- Candle

3.Buy at ----
4.Initial Stop Loss at ----
5.Exit at ........1:1, 1:2 Target
6. Don't Risk more than -- of Capital
 DAY 2
small loss BIG PROFIT Quadrant

Trading Decleration: I minimse my risk and maximise my REWARD

 DAY 2
small loss BIG PROFIT Quadrant
Importance of Stop Loss

"TAKE CARE OF YOUR LOSSES

IF YOU WANT THE PROFITS TO BE TAKEN CARE OF."
#SHANKISM

 DAY 2
small loss BIG PROFIT Quadrant

Simplest Yet Effective Swing Trading System

Position Sizing Game 1.0

Starting Capital:

 DAY 3
Technicals for Non Tech!

Home Work: What is an Inside Bar. Can you identify some of the
Inside Bar Candles in your chart

 DAY 3
Trading Strategy

Home Work: Write Down your Entry Rules and Exit Rules for the
new System / Strategy which is improved with your new
learnings.

 DAY 3
Position Sizing

Home Work: Answer the following questions

2 MOST IMPORTANT QUESTIONS

RELATED TO MONEY MANAGEMENT

1. If you have 1 lac and want to risk 2% per

trade, if your entry is 100 and Stop Loss is
90, what is the total
number of stocks I can
buy according to the 2% rule

2. What is the Probability of 20 heads in a

row in the context of a coin toss?
 DAY 3
4 Different Ways to USE Stop LOSS!

Home Work:: What are the 4 Categories of Stopping your Losses

4 CATEGORIES OF STOPPING YOUR

LOSSES

1. Initial stop loss: After entering a trade.

2. Time stop: Avoid not moving trades.

3. Trailing stop: Protect profits.

4. Break even: Don’t turn a winner into a loser.



What Is a Drawdown?
A drawdown is a peak-to-trough decline during a specific
period for an investment, trading account, or fund. A
drawdown is usually quoted as the percentage between the
peak and the subsequent trough. If a trading account has
$10,000 in it, and the funds drop to $9,000 before moving
back above $10,000, then the trading account witnessed a
10% drawdown. (Source: Investopedia)

What is an Equity Curve?

An equity curve is a graphical representation of the change
in the value of a trading account over a time period. An
equity curve with a consistently positive slope typically
indicates that the trading strategies of the account are
profitable, while a negative slope shows that they are
generating a negative return (Source: Investopedia)
 DAY 3
Why Do You Want to Trade and Succeed?

Home Work: Write Down as many reasons as you can as to why

you want to Achieve Financial Freedom by Trading and Investing
in the Stock Market.

 DAY 3
Other's Success is a Proof that we can also Succeed

 DAY 3
Other's Success is a Proof that we can also Succeed

 DAY 4
Trading Strategy

Outcome: Identifying Higher Highs and Lower Lows

 DAY 4
Trading Strategy

Outcome: Identifying Higher Highs and Lower Lows

 DAY 4
Trading Strategy

Home Work: If one can do it, you can do it too. (Just that it might
take more practice, more mentoring)

 DAY 4
Trading Strategy

Outcome: Time to Soak into Success! Appreciate other's Success

as that is the proof that you can also succeed!

 DAY 5
Connecting All the Dots

 DAY 5
Connecting All the Dots

Home Work: Today you need to commit to your Massive Passive

Wealth!

IT IS TIME TO AFFIRM AND

COMMIT YOURSELF FOR
MASSIVE SUCCESS

WHAT EVER IT TAKES!

 JOURNEY AFTERWARDS...
Connecting All the Dots

Shankism: Upgrade Your Skills before Upgrading Your Goals

WORK ON THESE AREAS

1. HEARTSET
2. MINDSET
3. SOULSET
4. TOOLSET
5. HANDSET

 JOURNEY AFTERWARDS...
Connecting All the Dots

Case Study Upgrade Your Skills before Upgrading Your Goals

WORK ON THESE AREAS

 JOURNEY AFTERWARDS...
Connecting All the Dots

Case Study Upgrade Your Skills before Upgrading Your Goals

WORK ON THESE AREAS

 JOURNEY AFTERWARDS...
Connecting All the Dots
Case Study Upgrade Your Skills before Upgrading Your Goals

 MISTAKES TO AVOID!
Connecting All the Dots

Shankism: CHECK OUT THE SPECIAL VIDEO BY SHANKAR

ABOUT THE BOOKS THAT INSPIRED HIM

Link: https://youtu.be/gezdXXKVwEc

AVOID THESE MISTAKES TO

SKY ROCKET YOUR PROFITS
1. Trading without fully leearning learning
2. Relying on Brokers, Advisors, Tips Providers etc and not be
ready to learn on your own
and take the right Trading
decisions
3. Over Leverage
4. Under Leverage
5. Not having the Right environment to learn from your
mistakes
6. Not having a mentor
7. Not surrendering to the mentor and system
8. Not ready to work on yourself
 READ THIS
Connecting All the Dots

 READ THIS
Connecting All the Dots

LET US BE IN TOUCH!
Proximity = Power
CONNECT WITH ME AND
EXPAND YOOUR NETWORK

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AskShankar.com/instagram


THANK YOU!

This Workbook and 5DaysClass.com is a product of 12

years of thinking about markets, studying hundreds of
great traders and investors, and coaching many more to
excellence; by applying some of the principles in
5daysclass.com.

The list of people to thank is ENDLESS.

Thanks to all the 555 participants who were open to receive
the best and open to new ways of teaching. Without you
this is INCOMPLETE.

Special thanks to all my Inner Circle Members for giving

me Confidence, Trusting in me, and making me feel at home
whenever I do the Weekly Inner Circle Master Mind
Sessions. I owe you all a lot.

Pic Credits: The Images used in this Workbook is picked up

from various sources on Int


THANK YOU!

We feel it is our privilege to train and

coach you on the Path of Financial
Confidence, Abundance, and Freedom.

Write to us at
[email protected] if you want to
be part of Shankar Kulkarni's Inner
Circle


PRAISE FOR SHANKAR

KULKARNI'S PROGRAMMES

MORE AT
SHANKARKULKARNI.COM/REVIEWS