Trading is certainly not betting, with right kind of knowledge anyone can trade it.

The next Question comes in mind is "Why 95% Retail Traders fail in the market?". They fail mostly because of the lack of knowledge and treating market as a gambling place. It is true that market do have probabilities but with proper knowledge, anyone can trade it.

There has to be some reasons behind your entry to a stock, whether buy or sell. You cannot buy or sell blindly, you cannot depend on others, it's a high probability game. It's your fortune and you are the owner of it. And you are the One, who can build it. Your success is in your hands.

The only way to succeed in trading is to learn whatever you can. Then validate which one suits you most, and which one works better for you. Never leave a page unturned or you may miss a great opportunity.

In the QUEST of YOUR journey to the Pinnacle of Success by the way of learning and doing by yourself, we from PG’s MASTER CLASS, will always be there, to support and help you on your journey towards the light.

As a Support to the Quest, we are giving you some very important rules of trading, which you should follow in your day to day Trading, as well as, in any other work of your life.

This Rule is well known as "The 5W's and 1H"

The 5 W's and 1 “H” are Who, Why, Where, What, When, and How.

These questions have immense relationship with trading. By asking these questions one by one, you can actually land up to the best possible trading decisions in the chart.

When you are analysing the chart, ask yourself the above questions, one by one and they will tell you, whether you should take the trade or abort it.

The Questions you should ask before you take the trade are: -

“WHO” is in opposite to your trade? Is he a Novice or a Professional? Or Who are you? Are you day trader or an Investor?

“WHY” he wants to sell to you? or why he wants to buy from you? Or Why you want to take the trade there?

“WHERE” you are standing as per your chart? Is it after a Rally or a Fall? Or Where you should keep your Entry, Target and Stop-losses?

“WHAT” kind of a trade you want to take there? Is it Short or long?

“WHEN” should you take the trade? Or When should you do Risk management?

“HOW” much quantity you should you be trading? Or How much Risk you will take?

Once you have all these answers, believe me the Trade you identify, is going to Rock!!

Look at the below example: -

We entered this short trade right at the top.

And the full Target achieved as predicted within a weeks’ time. And the trade gave a staggering 8:1 Reward to Risk. Just look at the precision Price Action offered to a trader, perfect Entry, Stop-loss and Target.

Yes, markets can be predicted by using Price Action.

To become Successful in Trading, you need the following at all times: -

1) The Best Knowledge

2) The Best Mentor

3) And your Honest Hard work

If you are ready to do the hard work, PG’s MASTER CLASS assures you of the Best of the Knowledge from the Best of the Mentor.

To LEARN more on "PRICE ACTION Concepts" and to get more precise answer of the above questions, please do Join our next Batch of the PG’s MASTER CLASS.