DPZ Shares

Reminiscences of a Stock Operator book has lot of quotes which are useful for successful trading. Many successful traders recommend this book for newbie trader.  Buy rising stocks and sell falling stocks. Do not trade every day of every year. Only enter a trade after the action of the market confirms your opinion. Continue with trades that show you a profit, end trades that show a loss. End trades when it is clear that the trend you are profiting from is over. In any sector, trade the leading stock - the one showing the strongest trend. Never average losses. Markets are never wrong - opinions often are. The highest profits are made in trades that show a profit right from the start. As long as a stock is acting right, and the market is right, do not be in a hurry to take profits. Never buy a stock because it has had a big decline from its previous high. Don't become an involuntary investor by holding onto stocks whose price has fallen. Wishful thinking must be banished. It is much e...

Anxiety is the gap between what you are doing and what you think you should be doing. Anxiety is wearing a mask and hoping no one notices. Depression is wearing a mask and hoping someone notices. The best way to stop feeling anxious is by doing what you're meant to do. Delay will only prolong your anxiety. Anxiety is the line subconsciously drawn to isolate yourself from your true future. You know EXACTLY what it is you're supposed to be doing, but you won't because of anxiety. You must cross this line anyway, in spite of your own anxiety and worry. This is how you conquer life. The best way to deal with anxiety is to learn where does it come from. Your anxiety comes from the fact that you want something specific to happen, and you get nervous with the possibility that it doesn't. Learn to let go of the need for control, and anxiety will fade. Anxiety breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear - do not sit home and thin...

  Losing is what kills a new trader - They see failure not feedback  - They see losses not probabilities  - They see money not process - They see problems not solutions  Perspective is everything! Fear is good in life.   Hope is good in life.  But in trading they will kill you.  Let them be your slaves…. Trying to catch every single trade is one of the common reasons why people fail in trading. Remember: a winning trade is not always a good trade… Fear of losing disappears once you realize you can always lose the next trade. Before each trade ask yourself... - Am I following my rules? - Or am I entering on emotions? #WAF

 Trading has a way of distorting your thinking, you have to: - Trust yourself - Trust your plan  - Trust the numbers When you can do that trading becomes a whole lot easier. A good day is not because of a big win. A good day is simply when you followed your plan. Simple steps to trading consistently! - Decide on a strategy that makes sense to you  - Concentrate on improving your ability to execute it - Don't feel invincible after one win - Don't doubt yourself after one loss - Don't give up after more losses Your mindset is your weapon to succeed, not your reason to fail. #WAF

Stop scattering your focus. Use mornings for intention: • Plan • Exercise • Deep work Use nights for reflection: • Meditate • Journal • Read The quality of your day is determined by the quality of your focus.   @WrongsToWrite

How To Increase your trading profits? Today just had an discussion with our expert trader and mentor Mr. Pravin Patil.  Below are some of the points that were discussed. Law of large Numbers - Max equity returns per year from Indian markets index option selling trading will be roughly around 36-40% with acceptable draw down (DD 8-10%) . Focus more on testing and execution of trend following system as weekly and monthly options data is small. Try to find trend following positional strategy. Do not think about returns just perfectly execute your systems. Compounding will take care of the returns.  CALMAR ratio around 3 is good and above 6 is much better. Calculate CALMAR ratio for individual strategy and portfolio capital level. Do not try to curve fit your strategy, let it run on simple rules that can be easily back tested. Discover complimentary strategy for smooth equity curve and reduce the draw down. Do system trading for 2-3 years and then only you can try discretionary + ...

Power of Incremental SIP and Compounding Most young and middle class investors think How will my life change by investing 5000 Rs. a month in equity. Well, 5k a month stepped up 10% every year will give u 3 crs in 25 years… No amount is small. It’s never too late. What is happening here? We can confirm the same using Step Up SIP Calculator   *Expected returns are calculated based on average Nifty returns capped at 15 %  When I began my fitness journey, I read an article by an Ex-Major who said the 1st step to fitness was to fold your blanket when u get up Weird, right? But then I realized that this simple act instills discipline Same in Investing - amount doesn't matter, the discipline does. As stated by James Clear in book Atomic Habits Same Compounding principle can be applied in every aspects of life be it wealth, Health or happiness. Think Big, Start Small, Start Compounding, and Generate Wealth Silently! Love, DPZ.

Nifty Bees Buying Strategy   Putting up an accumulation strategy of accumulating NiftyBees based on a Weekly RSI. 1. On Every Friday Closing, buy Nifty Bees if Weekly RSI is below a benchmark (say 60). 2. 1 RSI equivalent 100 Rs. So if WRSI is 55,then buy (60-55 =5 *100 =500 Rs )  worth of NiftyBees. 3. If W RSI > 60, no Nifty Bees are bought for that week.  Simple. That is it. Now see the Strategy Result for different Weekly RSIs since the Nifty Bees started in Jan 2002 - 1048 weeks since have gone. Col A - What if a strategy of accumulating below W RSI 40 or 45 or 50 and so on. Col B - The total nos of weeks it has remained below the Strategy chosen. e.g. Nifty has stayed below W RSI < 40, 99 times since Jan 2002. Means we accumulated NiftyBees for only 99 Times since then. Col C - It Represent the (%) of Weeks, we accumulated the Nifty Bees from these 1048 weeks Col D - Nos. of Nifty Bees we accumulated since Jan 2002 Col E - Total Amount Invested Since Jan 2002 ...

No matter how slow, positive compounding is the effect you want to focus on. That's how you grow wealth. And as you seek to do that, you must eliminate big losses. Don't take one step forward and two steps back. The difference between a novice and a master is the successful repetition of the basics. Trading is patience. 99% of your time is waiting to execute your system correctly. That's why patience is the most important trading skill. In Trading - Slow is Fast - Fast is Endgame #WAF

Each morning we are born again. What we do today is what matters the most - Buddha Be Grateful for the opportunity called Today. We all have got only a limited number of such opportunities. And we have no idea which will be our last one. All the more reason to make the most of the one we have got today. If you’re desensitized to the fact that  you’re going to die , consider it a different way. As far as you’re concerned, this world is going to end. Now what? The most important trick to be happy is to realize that happiness is a choice that you make and a skill that you develop. You choose to be happy, and then you work at it. It’s just like building muscles. Doctors won’t make you healthy. Nutritionists won’t make you slim. Teachers won’t make you smart. Gurus won’t make you calm. Mentors won’t make you rich. Trainers won’t make you fit. Ultimately, you have to take responsibility. Save yourself. # Quotes

Never measure you by results. Always measure you by process and system Results can sometimes cheat you, but the process will always teach you, but not cheat you Idiot is the person who thinks that he knows everything. It is quiet easy to fix the system and position size. It is nearly impossible to fix the problem of Idiot I’m making money in share market because I don’t depend on it for my living. Make it easy for yourself. Have another income source.  No matter how much experience you have in trading, accepting that black swan event has to happen with each one of us in long term on some day. Accepting the reality would help in facing fear! Do not fear to make mistakes Do as many mistakes as you can when you are at first stage, So that you get precious learning with that small capital. Actual learning takes place with your trading journal. Do analyse your own trades, you will find best learning there. Do this at regular intervals. #BroTips

 Trading is a journey to freedom. A 9-5 job is a one-way ticket to prison. Trading is an inside game. You can have the best systems, plans, ideas, practice... But in the end your mindset determines your success. Confidence is built upon your habits Focus on: - Executing your edge - Controlling your emotions - Risk control Build the habits first, succeed afterwards How to become a successful trader: 1) Find an edge 2) Practice 3) Practice 4) Practice 5) Execute x 100000 Winning for one month is luck. Winning for years is skill. #WAF 

What do all the top traders have in common? Answer: Routine They consistently do the same things everyday like - Wake up same time - Meditate same time - Execute edge same way - Repeat Routine can be boring & this is why so many fail.  Most want excitement not consistency!  If you are addicted to see MTM going up and down will not help you in trading career.  You have to plan the trade as per system, define rules, follow them with discipline then see improvising trading process as your goal. To make money using trading  first important lesson is your goal should not be to make money.    Your goal should be to improve trading process and be calm and confident about following system.  #WAF

 Don’t Think Win or Loss. Think Process...System, Rules, Discipline. Learning through failure can be a painful skill to develop. But pain is necessary for growth. You will always lose trades. Stop getting angry, start getting better. Trading is the biggest battle against your mind. It's the most difficult thing in the world. But if you can overcome it, you can do anything.   Don't try to predict what's unpredictable. Just execute your plan. Take Responsibility: - It's not the market's fault - It's not the strategies fault - It's not other peoples fault Stop playing the victim. Start improving. Great traders do it for the love of the game, the challenge, the growth! Money is just the by-product. Using more screens won't boost your trading skills. Start focusing on the real stuff. Improve yourself first. #WAF