UNCULTURED TRADER
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People often prioritize their financial health over their physical and mental health , which is wrong
Some crypto lovers promote crypto as if it were a very close personal acquaintance....90-95% of these traders are actually at a loss , and when they do make a profit, they post screenshots to trap more retailers, only showing the
profit and never the losses ( I know some people like that on TG)
Remember always: " Even a broken clock is right twice a day"
Therefore, Option Trading in the stock market, Crypto High Leverage Trading or even using excessive funds in the spot market are all too risky....You should avoid both of these....If you choose to engage, only use 1-3% of your net worth, according to your risk tolerance, or not at all ✔️
3 Types OF Market 🕯
1️⃣Consolidation - Range Market (spend time in a zone)
Strategy - Accumulate Good Stocks 📖
2️⃣Bullish Trend - Continuously UPside Rally
Strategy - Add on Dips ✅
3️⃣Bearish Trend - Continuously DownSide Rally
Strategy - Sell on Rise ❌
𝐀 𝐒𝐢𝐦𝐩𝐥𝐞 𝐏𝐚𝐭𝐡 𝐭𝐨 𝐅𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐅𝐫𝐞𝐞𝐝𝐨𝐦
Getting to a point where you don't have to worry about money is a process...At first, it's hard to just earn money...But once you have some, making that money grow is a bit easier...Here’s a step by step guide to help you get there
𝐒𝐭𝐞𝐩 𝟏: 𝐋𝐞𝐚𝐫𝐧 𝐚 𝐒𝐤𝐢𝐥𝐥 𝐚𝐧𝐝 𝐒𝐭𝐚𝐫𝐭 𝐄𝐚𝐫𝐧𝐢𝐧𝐠
First things first, you need to get good at something you enjoy and have a talent for. This is how you'll start making a steady income
𝐒𝐭𝐞𝐩 𝟐: 𝐂𝐫𝐞𝐚𝐭𝐞 𝐚 𝐒𝐚𝐟𝐞𝐭𝐲 𝐅𝐮𝐧𝐝
Once you start earning regularly, your first goal should be to save up for emergencies. Put some of your money into safe and easy to access options like a Fixed Deposit (FD) or another type of savings account where you get a fixed return...This money is your safety net for unexpected expenses
𝐒𝐭𝐞𝐩 𝟑: 𝐈𝐧𝐯𝐞𝐬𝐭 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐋𝐨𝐧𝐠 𝐓𝐞𝐫𝐦
After your safety fund is set up, you can start investing to grow your wealth for the future...A great way to do this is by setting up an SIP (Systematic Investment Plan) to automatically invest in index funds every month....Think of this monthly investment like any other bill you have to pay...it’s a commitment to your future
𝐒𝐭𝐞𝐩 𝟒: 𝐋𝐨𝐨𝐤 𝐟𝐨𝐫 𝐁𝐢𝐠𝐠𝐞𝐫 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬
Down the road, when your income is more stable and you've saved up a good amount, you can start looking for other ways to invest This could mean investing in a new startup or becoming a partner in a small business
The Main Goal : Have Multiple Ways to Earn
The key to being financially free is to have money coming in from different places. That way, you’re not depending on just one job, and your wealth can grow much faster...
So, the whole journey can be summed up like this
"First invest in yourself to earn more Then invest for yourself to build a secure future"
~𝐔𝐧𝐜𝐮𝐥𝐭𝐮𝐫𝐞𝐝 𝐓𝐫𝐚𝐝𝐞𝐫 📈
LG Electronics IPO
Allotment Date - Tonight
( Https://ipostatus.kfintech.com/ )
Listing Date - 14 Oct
Listing Gains As Per Current GMP - 5,265₹ Per Lot
DoT Long Set-up 🔼
EntrY Between 3.5 - 3.7 SL Below 3.370 Target Above 5$Leverage & Margin as per your risk capacity 🕯
𝐈𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐄𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐃𝐚𝐭𝐞𝐬 🗓️
🇺🇸 Unemployment Data - 10 Oct (6PM IST)
Previous - 4.3%
Forcast - 4.3%
🇮🇳 CPI DATA - 13 Oct (4PM IST)
Previous - 2.07%
🇺🇸 CPI DATA - 15 Oct (6PM IST)
Previous - 2.9%
🇺🇸 Fed Interest Rate Decision - 29 Oct (11.30PM IST)
Previous - 4.25%
CNX500/GOLD Chart 📈
When this chart goes upside the CNX500 (Indian stock market index) outperforms gold ✔️
When this chart goes downside, gold (XAU/USD) outperforms the CNX 500 ✔️
