Anil Hanegave - Profitable Trading Strategies With Psychology--Secrets to Make Millions in the Stock Market

Profitable Trading Strategies With Psychology

Secrets to make millions in the stock market

Part 1

Anil Hanegave

Copyright 2021 Anil Hanegave

First Edition: 2021

All rights reserved. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author or publisher, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law.

Disclaimer

Although the publisher and the author have made every effort to ensure that the information in this book was correct at press time and while this publication is designed to provide accurate information regarding the subject matter covered, the publisher and the author assume no responsibility for errors, inaccuracies, omissions, or any other inconsistencies herein and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause.

This publication is meant as a source of valuable information for the reader, however, it is not meant as a substitute for direct expert assistance. If such a level of assistance is required, the services of a competent professional should be sought.

The authors and the publisher disclaim all legal or other responsibilities for any losses which investors may suffer by investing or trading using the methods suggested in this book. Readers are advised to seek professional guidance before making any specific investments. We are not SEBI Registered. All the views expressed are personal. The author does not bear any liability for the same.

Dedicated To

This book is dedicated to all of the traders, investors I have had the pleasure of working with for many years as a trading coach.

Each one of you is motivated to write me a book that will be helpful to all normal retail traders to become a successful and professional traders. You all are part of the insight of this book.

These are tried and tested methods working for many years successfully which will help retail traders with a systematic approach and with a clear and confident state of mind.

Preface

Recently Algorithmic trading or automated trading increased, which follow the process designed by the best traders and use computers programs. They follow the defined set of instructions for executing a trade. While designing this program programmer considered the traditional support and resistance areas and they take it for trapping the retail traders to generate profits. Hence to generate profit in the market we need techniques followed by smart money. So, these strategies are designed by considering the trap zones and we just go with the smart money. This books goal is to add valueto your trading and investment business. This book is written for anyone who wants to learn the systematic methods, tools, and techniques that will transform you from an ordinary investor into a successful day trader in the industry.

I've been around the stock market for 10 years. I've seen a lot of investors and traders, few are happy, and most blame the market. There was a question in mind, is trading is a profitable business?

Initially, when I started trading, I was losing money in trading, but after building my educational foundation by attending training, readings books, I changed my approach. I talked to successful traders and discovered that many of them used technical analysis. I read whatever books I could find on technical analysis and trading psychology. I subscribed to successful international traders' YouTube channels. I have developed systematic processes, controlled emotions, Then I become successful.

This book will benefit you for four quadrants of trading from systematic technical analysis, money management, trading psychology, and life management that will make you market-ready. It reveals my tried and tested and practical day trading strategies and patterns that are easy to understand and implement in Indian as well as in the global Markets.

Packed with 30+ real market examples and charts, this book shows 6 tactics the market operates most of the trading day. This book offers a road map to the market that can be so amazingly accurate. Discover how to identify and take advantage of the market's day trend and demand and supply zones. Emotions keep repeating hence pattern keeps repeating, because it is created by human beings i.e., buyers and sellers. Basic emotions are Happy, fear, greed, hesitation, and Hope. Once you read this book completely you will be the driver, not just a passenger in your financial journey.

My total 11-day trading strategies are based upon Central pivot range and Moving averages. In this first part, I am covering 6 strategies. Combining CPR and Moving averages indicators intelligently allows you to read the market and identify situations where the probabilities are heavily in your favor. I understand big-picture market conditions. I do premarket analysis and publish it daily in YouTube channel trading direction: a sense that the market is more likely to trend in a particular direction on the next day. Most of the time it works perfectly. I stay flexible and adjust my analysis in real-time in response to market action.

I don't pay too much attention to the opinions of other traders or market analysts. I do my study, do my real-time analysis, and do my trading. I don't force trades. I wait for high-probability trades. And I stay flexible, which allows me to make money.

I respect the market: It will go where it goes, and I believe no one in the world can predict the market's direction all the time. I have my patterns for identifying high-probability trades that I am sharing in this book. But if the trades don't work out within my time limit, I'm out. And when they do go in my direction, I grab my profits.

I do trading with confidence. To me, quiet confidence is a function of emotional control, faith in my methods, and following my trading plan. My setups work in all the markets like the Indian market, commodity market, and forex market. Whatever you trade, however, make sure there is sufficient liquidity to get in and out of the market efficiently. The goal of a trader is to generate profits regularly, yet only 8 % of people ever really make constant money as a trader. Why small percentage of traders are profitable? To me, decisive factors are personality-suited trading strategy, risk management, and the psychological. The professional trader has a well-defined trading plan with calculated risk and they think like entrepreneurs.

This book will help you to manage your money effectively by a concept called Protection in the System, which reduces the average cost of doing business. The money mindset concept covered in this book is extraordinary, it can be applied in investment and trading. Our strategies are proven, profitable, and based on rules of the market that help to improve your trading style. You will learn how the industry works. I'm confident that anyone who meticulously and faithfully applies the ideas in this book will develop into a consistently profitable trader.

Anil S. Hanegave

Pune, India.

October 2021.