📈

🔹 Month 1–2: Foundation & Understanding Market Structure

🎯 Objective:

• Build base-level knowledge of the market, instruments, and setups.

  
  

📝 Tasks:

• Open a Demat + trading account (Zerodha, Upstox, etc.).

• Learn basic concepts:

- What is a stock, index, F&O, options, ETFs?

- Candlestick patterns.

- Support/Resistance.

- Risk-reward ratio.

• Follow NIFTY/BANKNIFTY daily — just observe price behavior.

• Spend 1–2 hours per day watching quality YouTube content. (Let me know if you want any suggestions about these channels).

  
  

• Book: "Trading for a Living" by Alexander Elder.

• YouTube: Learn about 9 EMA, 20 EMA, volume-based entries.

  
  

💡 Focus:

• Don’t trade yet. This phase is about observation and understanding.

  
  

🔹 Month 3–4: Strategy Learning + Backtesting + Virtual Trading

🎯 Objective:

• Learn and test your setups without money at risk.

  
  

📝 Tasks:

• Choose 1–2 simple strategies:

- E.g., 9 EMA – 20 EMA crossover + volume confirmation.

- Support breakout + retest.

• Backtest last 3 months’ charts manually:

- Use a backtesting journal template.

- Review what setups worked and why.

• Start virtual trading:

- Use platforms like TradingView, StockMock, or Sensibull demo.

• Build a trading journal:

- Track setup, SL, target, emotions, and what worked.

📘 Resources:

• Book: "The Psychology of Money" by Morgan Housel (mindset focus).

• YouTube: Learn about journaling and trading psychology.

  
  

🔹 Month 5: Start Real Trades With Rules (Low Risk)

🎯 Objective:

• Enter the market with strict rules and minimal capital exposure.

  
  

📝 Rules:

• Max 1–2 trades per day.

• SL per trade: ₹300–₹500.

• Use 1 lot only.

• Focus on TSL or strict 1:2 RR, depending on your comfort level.

• End each trade with journaling:

- Did I follow my setup?

- What was my emotion before, during, and after the trade?

⚠️ No Overtrading

If a setup is missed — no trade. That’s a win in itself.

🔹 Month 6: Consistency Practice + Weekly Reviews

🎯 Objective:

• Build habits for consistency, not just profit.

  
  

📝 New Additions:

• Do weekly reviews:

- % of trades where you followed your rules.

- How many were emotional vs. planned?

• Identify your go-to setup.

• Optimize TSL or fixed SL based on 10-trade data.

• Continue trading small (still ₹500 SL max).

  
  

✅ At the End of 6 Months…

You should be:

• Confident in 1–2 strategies.

• Emotionally neutral during trades.

• Journaling every trade.

• Knowing when to skip a trade.

• NOT focused only on money, but on consistency.

  
  

📊 Bonus: Trading Psychology Tools to Add Anytime

• Practice meditation or breathing exercises before trading.

• Stop screen time after trading — no over-analysis.

• Join a support group or trading community.

  
  

Conclusion: Embracing the Journey

Trading is a journey filled with ups and downs. As you progress, remember that emotional discipline is key. Stay focused on your goals, and embrace the learning process. Consistency and patience will lead to growth. Set up your trading strategies and prepare to adapt as you learn and evolve. Trading is not just about profits; it’s about becoming a well-rounded trader, emotionally and intellectually.

Explore resources, engage with the community, and don’t rush your learning experience. Ready yourself for the journey ahead!