“I trade my own information and follow my own methods.”

Well I couldn’t Find a better Punch line then the Above to Describe Ajai Sir.

Yes you are Guessing it Right: Here is the Much Awaited Story of Ajai Sir.

I still feel I am too small as a Trader when it comes to Trade Like Ajai sir, but yes, In the below Text, I am going to make an attempt to share the story of Ajai Sir, which very few know about him:

1- Every Successful Trader was once a Beginner:

Just Like every other trader – Ajai sir too entered the complicated and mysterious world of Trading by doing investment in Cash – Let me correct – Long Term Investment in Cash. Below is his experience:

“I started my share market journey with some cash investment. First month was so good I bought PNB at 82 it went 132 in next 20 days. I book profit at 128. Then it came to 114. I got happy that Exited on time. I decided to trade it again @ 82 without having any knowledge about Trading world. While was keeping track on it saw it made a Bull run again From 114 to 155 next few days. Like every other new trader got the feeling “Oh I booked early & should have waited”.

The Trading world will always welcome you with Beginners Luck Profit. So I started my journey and was adding money every month and taking positional trading as per new channels like “Zee Business”.

2- The New Phone Dream Success:

“I had something around 35k and wanted to buy an iPhone. Like everyone other new trader, I had found a Mentor from Telegram Free groups; “Mukesh Sir” – Probably my first and last guru & a great market analyzer. He gave a call to buy Jindal Steel. So I put all 35 k in Jindal Steel. I already had 100 Quantity at 108 and decided to add more. What next in One week time it went to 175 from 118. I got happy and Booked profit and instead of iPhone 6 bought iPhone 8”

3- Wow Trading is Superb and Easy and I can make Money:

“After hitting the initial success like every new trader I thought ‘wow it is so easy to make money from share market’.

Overwhelmed with the Initial Success and Rather a success that came too early – decided to enter the Trading World with bigger capital and ‘Took Personal Loan’ for the trading capital…As I had a good mentor, I focused on learning technical analysis basic one and again thought it is easy and mastered that within 3 months. Did paper trade and Yes I was the most successful Trader that Future is going to see. ‘I know Technical Analysis, I am invincible’. I can start trading.

I Started breakout trading in Real Trading world& within few week realized ‘Making Money is Easy But Loosing is More Easy’. Yes I am also one the few lucky investors in Sanwaria & Vakrangee & even more.

4- Vanishing Capital and Stop Trading Journey:

Just Like everyone else, I also saw my capital getting vanished and just like each of you fine trader, I also started to stop investing and move to so called “INTRADAY TRADER”….Yes in another word we call it as “SWING TRADING”. I did that for quite some time and soon realized, Breakout strategy has less accuracy & realized it isn’t going to be easy to survive in the market unless I upscale my Trading Technique.

5- From Swing Trader to Harmonic Trader Journey:

I started to follow other traders channel and came across a channel which was making interesting Drawings. These interesting drawings are called “Harmonic Patterns”. Well it did generate less calls and high accuracy trades, which helped me to pick this as a trading technique for the time I am going to stay in the Trading world.

I followed the channel closely, started learning on my own and compared charts from the channel and kept on practicing it patiently.

Well, it did take 3 months alone to draw the basic patterns correctly. But Trading Harmonic Patterns & Drawing patterns are two different things. Just like everyone else only 3 out of 10 trades worked and rest all were in a mess. Accuracy of my own charts was less and I needed to find out more ways to increase my accuracy.

I had a friend name Gopal who guided me to the Harmonic Course Materials and I started my Journey again. Took another 3 to 6 months to sharpen my skills and understand the trades in the market and slowly increased my accuracy to 7 to 8 trades out of 10 as successful.

I was ready, I was prepared, With More than 9 months of self learning, Patience and capital almost wiped out, I was ready to take risk again and enter into the market.

Since my earlier capital was gone – I again took one more .“Personal Loan” and entered into the market again. . This time I had one more thing with me – Over Confidence of being a self learned and self mastered Harmonic Trader.

6- Trading Journey as Harmonic Trader:

This time though I had knowledge, I also had one thing in abundance which is Over Confidence.

I traded all my charts, all formations and markets made me realized, they are more superior and I am yet to find the “Holy Grail” to trading.

Infact they taught me – there is no “Holy Grail” to gain success in trading world. I saw my capital again getting wiped out.

Whatever profits I had made earlier where my success ratio was around 7 to 8 trades as good, started to get wiped out, capital got half and I was in a total mess like every Harmonic Trader initially gets into.

My Capital Journey also had a fantastic swing – From 1,70,000 to 2,45,000 profits and now I was back to 60,000. Knowledge brings over confidence. I understood I can no longer be a positional trader and have to switch to Intraday.

I decided to stop trading and re-think, worked on my learning again, then decided to work on scanners, make rules for trading, stock picking, charting, looking at market parameters and Found a way to Catch “Safe Trades”. I decided to take safe trades and increase my risk appetite slowly.

I took one month this time to reach 96k from 60k. Patience helped me stay profitable & in longer run I recovered every single penny I had lost to Market and also build surplus capital to continue to take trades in market.

“Whenever I take a trade I always remember this above chart:

That company is not going to shut down at D point. There are always levels above D point which can get active. On higher time frame there is different level to short. So have patience and don’t go heavy in any trade”