Trading

Distinguish market, limit, stop, and stop-limit orders by execution behavior.

Choose an appropriate basic order type for a stated entry or exit scenario.

Explain how liquidity, spread, and slippage affect trade execution.

Assess whether an Indian stock is sufficiently liquid for a paper-trading exercise.

Distinguish intraday positions from delivery positions and explain broker square-off risk.

Calculate gross profit or loss from entry price, exit price, quantity, and trade direction.

Estimate net profit or loss after brokerage, taxes, and statutory charges using a current broker calculator.

Simulate placing, modifying, and cancelling orders in a paper-trading environment.

Interpret bullish, bearish, and indecision candlesticks without treating them as standalone signals.

Classify a chart as trending, ranging, or transitioning using observable price structure.

Identify higher highs, higher lows, lower highs, and lower lows on a chart.

Mark support and resistance as zones rather than exact prices.

Distinguish a genuine range break from a return into the prior range after the break.

Use volume to compare the participation behind two price moves.

Relate a trading-timeframe chart to one higher timeframe without mixing their signals.

Annotate a chart with trend, key zones, and a neutral invalidation point.

Define trade risk using entry price, stop price, and position size.

Calculate position size from account size, maximum rupee risk, entry, and stop.

Express a trade's result as an R-multiple.

Compare potential reward with risk before taking a hypothetical trade.

Place a stop at a setup-invalidation level rather than at an arbitrary monetary distance.

Set a daily loss limit and a maximum number of trades for a paper-trading session.

Calculate the effect of a losing streak on account equity.

Create a written risk checklist that prevents leverage, averaging-down, and revenge-trading errors.

Explain how VWAP can provide intraday context without predicting price.

Define objective entry, stop, and exit rules for an opening-range breakout setup.

Identify a valid and invalid opening-range breakout on historical charts.

Define objective entry, stop, and exit rules for a trend-pullback setup.

Identify a valid and invalid trend pullback on historical charts.

Define objective rules for avoiding trades when price is choppy or the reward-to-risk is inadequate.

Choose between a fixed target and a trailing exit for a stated setup.

Execute one rule-based stock setup in chart replay without changing its rules mid-trade.

Distinguish offshore spot forex from exchange-traded currency derivatives available through Indian brokers.

Locate and verify current RBI, SEBI, and exchange requirements before selecting a currency product.

Interpret the quotation of a currency pair and identify its base and quote currencies.

Read the contract specification, tick size, and expiry of an exchange-traded currency futures contract.

Calculate hypothetical currency-futures profit or loss from ticks, quantity, and contract size.

Explain how margin and leverage affect a currency-futures position.

Identify how interest-rate decisions and scheduled economic releases can affect currency volatility.

Build a paper-trading watchlist limited to currency instruments currently available and appropriate under Indian rules.

Convert one intraday setup into a rule card with unambiguous entry, stop, exit, and no-trade conditions.

Collect a consistent sample of historical examples using chart replay.

Record a paper trade in a spreadsheet with context, execution, risk, result, and rule-adherence fields.

Calculate win rate, average win, average loss, and payoff ratio from a trade sample.

Calculate the expectancy of a paper-trading setup in R-multiples.

Distinguish setup performance from execution mistakes when reviewing results.

Identify hindsight bias, selection bias, and overfitting in a simple backtest.

Revise one setup variable at a time based on journal evidence.

Prepare a pre-market plan containing market context, key levels, scheduled events, and permitted setups.

Apply a go/no-go checklist before entering a paper trade.

Run a 60-minute paper-trading drill while following predefined risk and setup rules.

Document every deviation from the trading plan without judging the monetary outcome.

Use a brief pause protocol to interrupt fear, impulsivity, or revenge-trading behavior.

Conduct a weekly review of rule adherence, risk control, and setup statistics.

Define evidence-based criteria for remaining in simulation rather than moving to real money.

Create a 30-day deliberate-practice plan for Indian equities and permitted currency instruments.