Revenge Trading Destroys Your Profits | Deepak Wadhwa | Josh Talks

This video features Deepak Wadwa, a full-time trader who overcame massive losses to achieve consistent profits.
Deepak shares his story of transitioning from business owner to struggling trader, revealing how he lost hundreds of thousands due to a lack of knowledge. He emphasizes the importance of learning and proper education to avoid similar pitfalls.
Key Takeaways:
Learning is Crucial: Traditional professions require years of study, yet many enter stock market trading unprepared. Invest time in education to understand charts, strategies, and risk management.
Hedging is Key for 2024: Deepak recommends hedging all trades in 2024, a volatile year. This involves taking offsetting positions to minimize losses.
Manage Risk Wisely: Never trade with borrowed money or funds you can't afford to lose. Set clear stop-loss limits and prioritize protecting your capital over chasing big profits.
Develop a System: Systematic trading involves following a defined strategy based on chart patterns or indicators. This allows for consistent trade execution and reduces emotional decision-making.
Start Small, Scale Gradually: Begin with small positions and gradually increase trade size as your experience and confidence grow.
Patience is Key: Building profits takes time. Focus on controlling losses and making consistent, smaller gains.
Avoid Revenge Trading: Losses are inevitable. Don't chase them with impulsive trades that often lead to deeper losses.
Additionally, Deepak covers:
The psychological impact of trading losses
How to identify support and resistance levels for entry and exit points
The benefits of meditation for a clear trading mindset
By following Deepak's advice and learning from his mistakes, you can increase your chances of success in the stock market, especially in the potentially volatile year ahead.
Link to Deepak Wadhwa’s Social profiles:
KZbin: youtube.com/@DeepakWadhwa.TRA...
Instagram: deepakwadhw...
Twitter: x.com/bwithdeepak?s=21&t=r5hO...
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[@rishavhsupriyomusic4413]

The true experience He explained not any marketting of "courses-selling-product" ...Namaste Sir

[@juberpatel1897]

For newlish traders . 1 ..he is options seller with big capital ..and by selling options , with hedging he is making profit ..and whole video he is talking about options selling and hedging ......but ...... If ur new to market .... U r doing option buying ,then u need different mind set and scycology ..... Options buying is game of timing ,edge and momentum .❤

[@mask2705]

Wonderful... wonderful.... he has got perfect understanding of stock trading and is giving crucial tips and suggestions in a great flow and tone.

[@Cooper407]

10:39 from here points started. He was saying in points from now on. 13:10 example 15:30 new point. 17:24 relation between capital and stop loss 18:18 new point. 20:34 do systematic trading

[@i2ohit]

He does put up great pointers, and by losses he means the big ones, exiting out at the right time is always a hard but needed blunt decision

[@joy_of_truth]

Starting new year with a good understanding.....thank you whole team...

[@sarvanthulasi8581]

🙂 Wow Thanks Sir. Great time with Josh talk. Bring Diversified people and unique insights.

[@srikanthupputuri4492]

Not a single sentence can be missed. Years of valuable experience shared in one single talk. Grateful to you Deepak sir!!

[@MrRcha]

Real talk! Aspiring traders should watch this...and then watch it again.

[@basantchoubey5137]

F&O should always be avoided.. it will make people lose sooner or later..

[@krishna-rd7uw]

Good strategy Right risk management Right position sizing Patience for setup

[@sunilgurung7]

It's a natural talk of all traders. You gave a huge knowledge of successful traders. May it will reflect with our chart and mindset. Thank you sir.

[@saravanansadhasivam8466]

Great talk giving a very experience ls which we can avoid huge losses, we have to learn these kinds if experiences from only from experienced people. Thank ypu sir.

[@prasada6261]

Best one just listen one time behind charts screen its amazing we recall all our mistakes and learn

[@WarriorChampion47]

Dont do short trades, go long term you wont have losses if you identify good companies

[@Hemant_Parihar]

Very important & meaningful content.... thank u sir...

[@avjoshi4175]

3 years from loss of total approx 3 lakhs, in 2023 i finally registered profit of Rs60000.00 without gambling. Feeling confident, look forward for 2024 for Target of 5-6 lakhs

[@manasdas9461]

Any tip for a beginner?

[@SB-yl1oy]

Jante chai​@@manasdas9461

[@hvkadam]

Very helpful for me. Very good points mentioned. Thanks a lot

[@sreeraammohuna]

Great talk. He absolutely nailed it without marketting for his courses and all. I recommend all traders need to listen to this each day.

[@kanagarajreigns3365]

Why daily they wanna listen😂😂

[@kamals6624]

​@@kanagarajreigns3365you should listen daily bcoz u will not have better work😢

[@shyamji7242]

Very seasoned video - Thanks sir

[@ravinandan585]

Hi Deepak wadhwa sir , it's a great information to us . Thank you sir ❤

[@user-eq2nc3mu7q]

Thanks for wonderful experience sharing.. good insights for even experience trader like me.. 👍

[@vkk1488]

Sir ..huge respect for you 💯 👏 🙏

[@manakarimnagarmanaadda453]

The Best video I have seen Thank you Sir and Josh Talk.. 🙏

[@sngodale2505]

I figured out some good rules/learning from this session for the beginners. This is a good video. Also, you can explain what is the best way to start learning the system for beginners? this question is unanswered.

[@InspirationalRanchHouse-cl3se]

Very honest and realistic person

[@ssoundar4808]

Thank you for the tips you got from your experience hopefully will help a trader to succeed in stock trading.. 👍

[@robertmarlo6668]

Excellent talk for a trader !!

[@sjs2796]

Good English talk it’s reached beyond countries across the globe.

[@venkataravindranathadada7279]

Great speech

[@mohitbajaj8746]

You are No.1 Deepak Wadhwa ji

[@prasadrao6159]

Sir Many thans for Such great knowledge shared people

[@Trader-4]

I love this man. His advice is great.

[@supriyo8]

amezed . you are so honest sir

[@dilse2518]

Thank you sir ❤

[@peace_gaming25]

Good learning 👍👍👍

[@rajxlsinall]

The biggest enemy is over trading and lack of disciplined winning strategies

[@powergymgarhshankar]

Very motivational video.. 👌

[@neelamchauhan7774]

Very Good talk on trading, intraday and FnO….very simple and experienced points put forward. Definitely helpful for new people like me. Thank you for sharing your deep down experiences.

[@arulmurugan3905]

Thank you very much

[@WestonScally7614]

Reading Berkshire's yearly letters allowed me to see the stock market's true potential. I recently sold my $315,000 condo in Winter Gardens, i need an approach to invest in stocks that will align with my risk tolerance and financial goals

[@SaintYvess]

The S&P 500 is a dependable investment that will yield significant returns over many years, I believe it is best to simply wait and invest in it. Alternatively, you could accelerate wealth growth by hiring a qualified analyst. The latter is much more powerful than most people realize.

[@sting_grayl]

Yes true, I learnt that in 2020, when I lost almost everything. But I switched to using a financial advisor and I've been returning at least $90k every one quarter of the year so I’m sticking to investing via an Adviser.

[@JordanReam8186]

I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help.

[@sting_grayl]

*Jennifer Leigh Hickman* is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

[@EthanMaloney-qp4lh]

Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

[@msw1174]

Excellent sir

[@SantoshKumar-gg2sq]

Thank you sir, opened my eyes ❤

[@user-jd6tc6xm4j]

Wow.... thank u... sir

[@time804]

It was my pleasure listening to you Sir. Thank You for the valuable advice.

[@augustinsahayam]

Appreciate ur English video. Its full of pracicality u experienced

[@dharunkumarrc]

Super Sir 🎉🎉🎉

[@786bangalore]

Don’t be a trader & gambler but be a investor. Buy businesses, become partner in businesses

[@daljitsingh6498]

Fantastic 🎉🎉

[@sharewala939]

Great work.keep it up sir

[@shyamji7242]

My problem - I allow losses to grow n then book , 20 30 trades I perform well but one beloved big loss leaves me no where , better to keep positions hedged n cut losses early

[@jkj1459]

Good that I don’t understand FNO , only swing trading .

[@venkateshrao7038]

It's Good thing. I also do same. You get mental peace after 4 pm.

[@govindrathor]

Please also share something to guide thank you

[@Thirumal457]

Great sir

[@sharmasandeep7]

Sir aapne itna kuch ese hi free me bta diya jiske liye log hazaro rupey lete hain. Thanks thanks thanks thanks !!

[@PSATISHHEALTHYLIFESTYLECOACH]

Nice experience

[@kumarchandrashekhar695]

Genuine Authentic Inspiring Teacher -

[@user-lb2zk5od6h]

Thanks sir

[@bibhutibhusansahoo5031]

Very much grateful to you sir from bottom of my heart ❤️❤️❤️

[@MoneyLeast]

Best information tysm sir

[@RithikTechui]

sooooooooooooooooooooooooooo goooodd sir thank you so much

[@muralidharmaraj3613]

Thank you sir

[@bharathwajvenkat8476]

Dont over trade in stock.keep winningvstocks hold tight for long duration.nothing happens suddenly patience is key to success.

[@Periyarbenny]

Wonderful lesson..

[@augustineclinton-pi1sg]

Well explained. Thank you for bringing up this video, Financial education is indeed required for more than 70% of the society in the country as very few are literate on the subject ...... value Clara Stephenson and her helpful guides...

[@monishthomasp]

Great talk sir.. I’ve seen many doing revenge trades to recover and go into further losses.. strategies explained well.. though I didn’t exactly understand how you hedge each trade.. stop loss makes a lot of sense… thank you 🙏

[@shivnarayandhakar]

When we take long and short position at same time, it's hedged!

[@neerajdhuria7021]

True words boss salute your efforts. Side ur ego first then u learn Khali glass or mind me hi kuch jayega bhare me to bahr hi aayega Strategy one is enough be master in that focus your loss Profit will follow u Hedge is the only way to survive in market

[@sonalingle8035]

Sir we like to hear you in Hindi also

[@sharafvanur]

thanks sir......

[@harinarayandan6218]

Good speech sir

[@daveyvane9431]

Stop losses are important. So you don’t have to evaluate and rationalize repeatedly.

[@kessilark2854]

Truth is money can't make by trading 😂 but losses definatly

[@lol_manu]

waching on loop

[@peaceofmindfulnesss]

What a speech❤

[@dtgmno]

One realised trader❤

[@ranjancom2000]

If more fixed loss we keep then market will be in range and VIX will be low. But if we wait for good entry.

[@abyan6711]

Sir, i would like to learn by you. I made the same mistakes that you mentioned in your lecture

[@PhilipMurray251]

Do you think it's a good time to consider selling some stocks and taking profits, or is it better to hold onto them for the long term? I’m considering rebalancing my $800K portfolios, I'm curious about strategies in response to this.

[@Blitcliffe]

I guess it's important to reassess our investment strategies based on current market conditions. You should consider a market expert to guide you.

[@corrySledd]

Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfolio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay financially secure for over five years, yielding nearly $1 million in returns on investments.

[@PhilipMurray251]

How can I participate in this? I sincerely aspire to establish a secure financlal future and am eager to participate. Who is the driving force behind your success?

[@corrySledd]

There are numerous independent advisors to consider. But I work with Nicole Desiree Simon and we've been working together for nearly four years and she's fantastic. You could proceed with her if she meets your criteria. I support her.

[@PhilipMurray251]

Thank you so much for your helpful tip! I was able to verify the person and book a call session with her. She seems very proficient and I'm really grateful for your guidance

[@an7647]

Multiple entries in a range market main reason for my big losses...

[@neeluyadav2006]

Good evening sir

[@lakhanpatel8787]

Dada ka yh 3ra video hai lekin is bar dada ne english bolke jan le li pahle thik tha but acha laga

[@thescalper436]

OPTION BUYING ( AAG KA KHEL)

[@jkj1459]

Pay attention to your health sir . HEALTH IS WEALTH

[@sekaranmuthu8556]

F&O can be profitable if you have self control option buying require less money only

[@ritakorgaonkar2292]

Where did you learn FNO?

[@sunilkumar-gi7zj]

Watching the video after making the biggest ever loss in my life in today's trading

[@dipmondal6568]

❤

[@user-wi2zb5oq1b]

Ram Ram ji

[@addx223]

agar pata chal jaaye kab exit krna hai tab to koi loss hi nahi karega stock market me, sab k sab bewakuf banate hai logo ko

[@Mehakpreet_singh_]

I will definitely buy that apple for 5000 only if it was apple iphone 15 pro max😅😂

[@chandu806021]

👏👏👏👏👏👏

[@shivtv6639]

How many trades you make in a day?

[@365daysdance]

First one need to learn how not to make loss in SM, rather than making profit, the reality is rain will not pour everyday to catch big fishes, in mutual funds investors wait more than 20yrs to get one crore an average trader can make it in 5yrs.😅

[@TradewithJJ]

🎉

[@golugolusk882]

Mujhe lagta hai loss me jyada dhyan dena chahiye hame

[@manjeetmaparamanjeet]

how much loss finally were u able to manage.. u cd take my advice for u limited..backtest urself..2 gd.. losses..backtest

[@sanilkumar661]

Watch at 1.5 x playback speed

[@jaganr9063]

14.32

[@jkj1459]

Profit from TAP 🚰 loss from sump pump😂 . Equal to Profit go up by staircase loss go down by lift 😂.

[@ethinix.]

Also include the politicians in your list. You don't need any education to become a politician.

[@jkj1459]

But I don’t understand HEDGING EXCEPT THE WORD