Nothing gives you more happiness than knowing that you made some difference in someone’s life. I am really pleased to receive this email from one of my subscribers and it pretty much encapsulates what smarketpremium.com is all about. Here’s the text
Dear Deepak,
It is time for my yearly subscription renewal, which I am absolutely keen to action soon. However, as someone now associated with you for 18 months, I thought I should share some feedback with you.
I have been in the Indian stock markets since 2001, and have generally had a very “good” looking portfolio of Bluechip stocks. They have also delivered consistent returns. However, I must concede that the returns have not been in the range that I would have expected.
The last 18 months have been quite a revelation. My stock selection used to be generally ok, but I could not broadly get the sectoral tailwind or stock entry point right, resulting in sub-optimal returns. You have been able to bring about such a seminal shift in the way I look at stocks now, that I must confess having got into many of the stocks because of you in these 18 months, which would not possibly have been in my portfolio until 2019, due to inherent biases in my investing thought process.
You have helped me look at stocks dispassionately, and how price action techniques can help us in finding and entering break-out stocks at the right time. In my earlier avatar, I remember, how difficult I used to find stocks hitting 52 w high or All-time high.
For these insights, I shall forever remain grateful to you. This is a skill that one should sharpen and leverage gainfully over time. It has been one hell of a ride, and I have thoroughly enjoyed it.
Thank you for being such a wonderful mentor.
I look forward to many more years of learning from the price action process and strategies that you so eloquently articulate.
With gratitude, and Kind regards,
Sincerely,
Pankaj Mittal
Username: pankajmittal1
Fundamentals don’t drive stock prices.
How people perceive those fundamentals drive stock prices.
As a market participant/trader, keep an eye on how the market views the fundamentals than being obsessed with your own version of fundamentals. It means look at the price action and it tells you without bias what the market thinks about the stock. Once you read the price action, go and find the reason why the market has such a view on the stock, and be aligned with it.
This is the level one mind training every individual requires to be in sync with market thinking. This is the real fundamental of Investing. I call it Science of Stock Price Action
If price action fascinates you – then Science of Stock Price Action is a great place to start.
Disclaimer – The state of the market notes is Deepak’s perspective on the market. The column is purely for educational purposes. Nothing contained herein is a solicitation to trade or a recommendation of a specific trade. By reading this publication you agree to make no trade relying in whole or in part on the comments of the writers