Price Action Trading Sunil Gurjar [better] -
Sunil Gurjar, the founder of Chart Mojo, has become a prominent voice in the Indian stock market by championing the "Price Action" philosophy. His approach strips away the noise of complex indicators, focusing instead on the raw movement of price and volume to decode market psychology. The Philosophy: Price is Supreme
3. The Concept of Supply and Demand (POI)
Keep it Simple:
Sunil Gurjar’s methodology is built on the belief that everything you need to know is already reflected in the price. He advocates for "Naked Chart" trading. price action trading sunil gurjar
Title:
Mastering Price Action Trading: Lessons from Sunil Gurjar Sunil Gurjar, the founder of Chart Mojo, has
: He emphasizes building a system with clear rules to eliminate emotional mistakes driven by fear or greed. The "Story" of Price FOMO (Fear of Missing Out): He teaches that
, teaches a price action trading philosophy centered on "clean charts" that prioritize price movements and volume over a heavy reliance on complex technical indicators. Amazon.com Core Trading Principles Price & Volume Focus
- FOMO (Fear of Missing Out): He teaches that price action offers 5-6 high-probability setups a month. If you miss one, wait. The market will be open tomorrow.
- Revenge Trading: After a loss, he insists you close the charts and walk away.
- Patience: He calls this the "Superpower." Waiting for the exact setup (Swing level + Candlestick confirmation) is harder than executing the trade.