Forewarned is forearmed. Preparation is better than being unprepared.
About My Background
Who am I, and where do I live?
I’m Divesh Jotwani, and I live in India.
What’s my graduation degree? And you didn’t apply for a job or something like that?
I’m from a commerce background. After completing my B.com, I continued to study MBA (Marketing and International Business).
Did I take on any jobs in my career?
No, I did not apply for any jobs. I got a campus placement at Cipla but did not join it. Because right from the start, my path was clear in my mind.
Throughout my career, have I only been involved in trading?
Yes. I’m from a business background – my family is in business. In the past, I helped my family with their business (while I was also trading). But later, I stopped helping them in business and diverted my time and focus toward WD Gann research work and trading the markets.
What do I do for a living?
I’m a full-time trader by profession. And my primary source of income comes from trading.
I’ve made a few investments (property) from past earnings that give me rental income.
I also share my knowledge and wisdom of WD Gann’s work through this website.
What’s my Philosophy in trading?
My philosophy is simple. Think and do the opposite of what others do. Don’t follow the crowd.
Those words may seem counter-intuitive when I say, “Don’t follow the crowd,”, especially in the stock market, where most people tend to follow the crowd. But that’s not the case for me.
What makes me not subscribe to that point of view (“following the crowd”)?
Because I believe the tools most people use for trading will not work effectively in the long run. At some point, they will stop working or give a different result than they promised earlier.
For example, the most commonly used tools like trading indicators, price action patterns, and other charting tools have been around for decades. 95% of traders are dependent on them. We hear that “95% of traders lose money in trading” because of this fact. When everyone uses the same strategy, the results will be the same.
Many traders start trading to earn money but end up losing a lot of money. They believe in following the crowd and doing what everyone else does, but that doesn’t make sense in the long run.
That is why I believe in the phrase, “Don’t follow the crowd.”
My approach involves using tools (methods, theories, and charting rules) that 95-99% of traders are unaware of. These are my original trading discoveries that I discovered after years of research.
So, how can we acquire such valuable tools that are worth the effort?
It’s simple. We research and discover these highly rewarding tools (methods, theories, and charting rules), and then we implement them on the market.
This way of approaching the market gives us profit in the long run. So, that’s my philosophy of the market in a nutshell.
The Journey I took to get here – My Story
Talks about stocks were common for me from childhood because my family members (dad and uncles) traded and invested in the markets. So, since childhood, I have had some understanding of what stocks and markets are.
Then my journey in the market began in the year 2000.
I used to drop off the papers from my family members’ transactions at the stockbroker’s office. At that time, there was no online trading or investing facility available. On one of those visits, I came across WD Gann’s work.
In case you’re wondering who WD Gann is.
He was a trader who died nearly 75 years ago. His work is still a mystery. Only a small number of researchers (committed to his work) have been able to uncover his work and methods.
One day, I had a conversation with a broker about something.
During our conversation, he told me about the importance of numbers in the markets. That information sparked my interest in researching them in greater depth.
I then began researching the market and Gann’s work at an early age. In those days, access to his books wasn’t easy. Yet, I managed to gain access through relatives living in the United States.
At the beginning, everything was flying over my head.
I was not able to understand anything. But I took the path of a growth mindset (a try-and-fail approach).
I tried hard, in fact, very hard. To better understand mathematics structures, I repeated my 8th-grade math lessons at 16. And that was a wise decision, as it brought a breakthrough for me in Gann’s work.
And soon after that, I discovered one of Gann’s key principles works.
That was the stepping stone behind all discoveries. In order to discover WD Gann’s principles, I picked them up one by one. Today, more than 20 years have passed, and my research into Gann’s work and journey in the market continues.
The Story of My Trading.
What is my trading style? Do I day trade or swing trade, or a mix of both?
I trade a mix of both. To give an estimate, I can say that 50% of my trades are intraday, and 50% are swing trades.
Many traders, especially newcomers, have this problem.
Why do very few people succeed in trading (meaning they really earn their income from trading) while most people struggle?
The answer to this secret question lies in one word.
It’s called “routine.”
When I took trading as my full-time profession, I realized that I needed to put in a lot of work and have a clear routine as the day unfolded.
I cannot just wander outside and sit in front of the market as I wish. If you exhibit this sort of behavior, the market will punish you.
So I carefully crafted my “Routine” – the routine I follow day in and day out. I’ll start with the weekday routine.
What does my typical working day look like?
I usually wake up on a weekday between 5 am and 5:30 am. The first thing I do is meditate as per the instructions given by Jose Silva in his book “The Silva Mind Control Method.”
Around 6 am, I walk 2.5 to 3 kilometers daily. Then from 7:00 am – 8:00 am, I read books. I read four books for 15 minutes each during this hour.
Then from 8:00 am – 8:30 am, I take a bath and get ready for my work office, which is near my home. Just before 9, I start my work. (As the market opens daily at 09:15 am).
Then from 09:15 am to 4 pm, I trade.
The aim of trading is to make money. The goal is not to open tabs in Chrome to read articles, watch videos on YouTube, make phone calls, or have uninvited conversations with friends and family.
Moments of distraction here and there mean I’ll lose my focus and ability to read the market and make decisions as the day unfolds. And this will usually result in poor trade decisions, reflecting on my profit/loss statements.
Markets never lie.
If I incur losses, it’s because of me. And it’s true the other way around as well. If I’m making profits, it’s also because of me.
It is not my ego that exists here. It’s about commitment, focus, and sincerity regarding the market and executing my trading plan.
What if there is no good trade opportunity on a given day?
If there is no good trade or I do not understand the market moves on that day (it happens with all full-time traders), then I sit quietly and watch the markets.
Or if I have any outside work (like a visit to a bank, meeting with a CA, or a lawyer), I visit and do that. On days without outdoor work, I work on my future discoveries (research related to Gann).
Once the market is over by 3:30 pm, it’s time to party?
That’s the line of thinking most beginner traders have. But in truth, my real secret lies in how I spend my time after market hours. Have you heard the phrase “Preparation comes before success?” That’s exactly what I do.
What do I do in the evening (after market hours)?
The market closes at 3:30 pm. Around 4 pm, I get home and rest from 4 pm to 4:30 pm.
Then before 5 pm, I go back to the office to work again. Then in the evening, between 5 and 7 pm, I do the following activities.
I study charts to find trading opportunities.
I analyze the market and prepare my daily (EOD) analysis.
I prepare my trading journal, in which I note what trades I took today and why and where I entered and exited from the trade—a thought process of my daily trading action.
Then I take a break from 7:00 pm – 7:30 pm. Then I work on my trading courses. I write drafts, prepare images, and do other things related to my trading courses.
Then around 9:30 pm, I return home. Until 10:30 pm, I’ll have dinner and spend time with my family. Then, from 10:30 pm -11:30 pm, I read four books (15 minutes each) for an hour. After that, between 11:30 pm -12:00 pm, I go to sleep.
What about the weekends? Do I ever take a break from work?
I’m a workaholic type of person. Weekends are just like regular working days for me. But as markets are closed on weekends, I do the following activities.
On Saturday, I reach my office before 11 am.
I then work on my website (blog) or course-related activities (research related to Gann) until 2 pm.
Then I go back home to rest and spend time with my family until 5 pm.
Around 5 pm, I return to my office to work on the same website (blog) or course-related activities or do research related to Gann from 8 pm to 9 pm.
On Sunday, I go to the office around 11 am. Then I prepare my weekly analysis posts for my website/blog readers. From 2 to 3 pm, I study charts and look for trading opportunities.
I then go home and spend time with my family until 7 or 8 pm. Then, around 8 pm, I return to the office and do the same thing. Studying charts to find trading opportunities.
Morning meditation, walking, and reading books are done on weekends, too – at the same time and schedule, I follow on weekdays.
About this Website
I started this website – www.diveshtechanalysis.com – for the following reasons.
To show people that trading (be it day trading or swing trading) is a learnable skill, just like any other skill.
Meaning anyone with an interest, commitment, ability, and willingness to succeed can learn to trade and make a living. It’s not just for a select few gurus.
I see many novice traders falling into the trap of quick-rich schemes, paying tips providers, taking shortcuts, and so on. I hate those things, and I want to help genuine traders who are willing to spend time/money/energy learning the skill of trading.
It’s my effort to share Gann’s methods and my trading discoveries (which I developed after years of dedicated work) via this website. These are all my findings after spending the last 20 years in this field.
Lastly, let people know that trading is not a game of chance or gambling. Yes, I repeat. It is a learnable skill, just as any other profession, such as Doctor or Engineer.
I share knowledge in the form of market reports and analyses. It’s based on my understanding and discovery of Gann’s work.
Gann’s work is simple (but not easy) to spread the message. And to see or learn simple things, we must avoid what the masses are doing.
20 years of experience researching WD Gann’s work.
And I use them every single day. I risk my hard-earned money based on Gann’s research findings and my discoveries.
If the discoveries and methods were not working, I would have quit this field early in my career.
That’s more than 20 years in the same field.
But that’s what makes us unique. Traders continue to learn from our courses because what we teach gives far better results.
50% of our sales come from old students/clients every year (they keep coming back), which is a reliable sign that our courses deliver results.
The methods I own work for me.
And it will work for you too. The complex concepts are simplified into simpler concepts that can be understood and implemented by anyone who trades.
What do people get if they buy your course?
They will get Gann’s actual work, which is unavailable elsewhere. Methods and techniques offer over 80% accuracy when applied correctly and understood.
I’m a new visitor to your site. Where should I start? And what should be my first step?
You can start by reading this article. I’ve written about the three stages a trader needs to pass through before becoming a consistently profitable trader.
You can also bookmark this site and keep reading my blog articles. I update them frequently.
Best wishes for your success.