About My Background
What is my name, and where do I live?
I’m Divesh Jotwani, and I live in India.
What’s my graduation degree? And you didn’t go for a job or something like that?
I’m from a commerce background. I had done B.com and then an MBA (In Marketing and International Business).
Did I go for any Job in my career?
No, I did not apply for any job. I got the campus placement in Cipla, but I didn’t join it. Right from the start, my path was clear in my mind.
All along with my career so far, have I done only trading?
Yes. I’m from a business background – my family is in business. So, many years before, I helped my family in business (side by side, 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?
Yes. I’m from a business background – my family is in business. So, many years before, I helped my family in business (side by side, 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.
I also share my knowledge and wisdom of WD Gann’s work through this website.
I’m a full-time trader by profession. My primary source of income comes from Trading.
I’ve made a few investments (property) from past earnings that give me rental income.
What’s my Philosophy in trading?
My philosophy is simple. Think and do the opposite of what others do. Don’t follow the crowd.
Yes, it seems counter-intuitive when I say, “Don’t follow the crowd,” especially in the stock market, where the majority of the people believe in the concept of “Following the crowd.” But I don’t subscribe to that point of view.
Why don’t I subscribe to that point of view (“in following the crowd”)?
Because I believe the tools most people use for trading will not work effectively in the long run. Eventually, they will stop working or not give the result they were given earlier.
For example, the most commonly used tools, such as trading indicators, price action patterns, and other charting tools, have been in use for decades, and 95% of traders use them. Because of this, we hear the phrase, “95% of the traders lose money in trading.” When everyone uses the same strategy, the result will also be the same.
Most traders start trading to earn money, but they end up losing a lot of money. Because they believe in following the crowd – Do what everyone is doing. But that path is not profitable in the long run.
That’s why I believe in the phrase, “Don’t follow the crowd.”
And I believe in working with the tools (trading methods, theories, and charting rules) which are rare and are not in the knowledge of 95-99% of traders.
So, how can we get such rare tools that pay off the efforts?
It’s Simple. But of course, not easy. We spend our time, and hard-earned money researching and discovering such highly rewarding tools (trading methods, theories, and charting rules) and then deploy them in the Market.
This method of approaching the markets and trading or even investing gives us profit in the long run. So, that’s my philosophy toward the Market in a nutshell.
How I Got Started – My Journey
The talks about stocks were common for me from childhood because my family members (dad and uncles) traded and invested in the markets. Since childhood, I have had some idea of what are stocks and markets.
Then my journey in the Market began in the year 2000.
I used to visit the stockbroker’s office to drop off the papers for my family members’ transactions. At that time, there was no online trading or investing facility available. It was during one of those visits that I came across the work of WD Gann.
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 few people (trustworthy researchers and hard workers) who had spent years on his work are a bit successful in discovering his actual method.
One day, while I was discussing with a broker.
He told me something about market numbers (a mathematical kind of information). That information aroused the desire inside me to dig deep into numbers.
When I started, everything was going above my head.
I could not understand anything, but I took the path of the growth mindset (a try-and-fail approach).
I tried hard, in fact, very hard. I even took the tuition for 8th-class mathematics again (at the age of 16) to understand the mathematical structure. And that was the best decision, as it brought me a breakthrough in understanding the working and thinking style of WD Gann.
Soon after that, I discovered a key trading principle of WD Gann, which Gann consistently used in his trading methods and strategies.
That was the stepping stone behind all my discoveries. One by one, I picked and discovered many trading principles from WD Gann. More than twenty years have passed, and my research on the writings of WD Gann and my journey in the financial world continues to this day.
About My Trading
What is my trading style? Do I day trade swing trade, or a mix of both?
I trade a mix of both, but I focus more on Intraday (day trading) trading. To give a rough estimate, 70-75% of my trades are Intraday trades, and 25-30% 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 can’t just roam outside and come and sit in front of the Market as per my wish. And I know that Market punishes if you’re exhibiting this sort of behaviour.
So I carefully crafted my “Routine” – The Routine I follow day in and day out. I’ll start with the weekday routine.
How do I spend my weekday (trading day)?
On a weekday, I usually wake up 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 go for 2.5 – 3 km of walk daily. Then, from 7:00 am – to 8:00 am, I read books. In this one hour, I read four books (15 minutes each).
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 daily opens at 09:15 am)
Then, from 09:15 am to 4 pm, I trade.
Trading means Trading — no multiple opening tabs in Chrome to read articles. And, of course, not watching my favourite movies on YouTube. No phone calls/unwanted chats with friends/family, and so on.
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, which will reflect in my profit/loss statements.
Markets never lie.
If I’m incurring 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.
This me is not my ego. This is the focus, commitment, and sincerity. I’ve towards the Market and to execute my trading plan.
What if there is no good trade opportunity on a given day?
Suppose 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 going to a bank, meeting with CA, or a lawyer), I go and do that. Or, if I don’t have any outdoor work, I work on my future discoveries (research work 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 time after market hours. Have you heard the phrase “Preparation comes before Success?” That’s precisely what I do.
How do I spend my evening (after market hours)?
The Market closes at 3:30 pm. At 4 pm, I reach home and take a rest from 4 pm – 4:30 pm.
Then, before 5 pm, I go back to the office to work again. Between 5 pm – and 7 pm, I do the following activities.
I study charts to find good 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, why I took them, and where I entered and exited them—a thought process of my daily trading action.
Then, I take a break from 7:00 p.m. to 7:30 p.m. After that, I work on my trading courses. I write drafts, prepare images, and do other things related to them.
Then, around 9:30 pm, I reach home. Until 10:30 pm, I’ll have dinner and spend time with my family. Then, from 10:30 pm to 11:30 pm, I read four books (15 minutes each) for an hour. Then, between 11:30 pm and 12:00 pm, I go to sleep.
Do I ever take a break from work? What about weekends, then?
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 activities mentioned below.
On Saturday, I reach my office before 11 am.
Then, I do my website (blog) or course-related activities or work on my future discoveries (research related to WD Gann) until 2 p.m.
Then, I return home, rest, and spend time with my family until 5 pm.
Again, at 5 p.m., I return to the office and do the same website (blog) or course-related activities or work on my future discoveries (research work related to Gann) from 8 p.m. to 9 p.m.
On Sunday, I go to the office around 11 a.m. Then, I prepare my weekly analysis posts for my website/blog readers. After that, I spend time with charts to study and find future trading opportunities from 2 p.m. to 3 p.m.
Then I go back home and spend time there until 7 pm—8 pm. Then, around 8 pm, I come back to the office and do the same thing again: study charts to find trading opportunities.
Morning meditation, walking, and reading books are also done on weekends—at the same time and schedule I follow on weekdays.
About this Website
I started this blog/website – www.diveshtechanalysis.com – Because of the following reasons.
To show people that trading (be it day trading or swing trading) is a learnable skill, just like any other skill. This means anyone interested, hardworking, and willing to succeed can learn to trade and make a living. It’s not reserved for “few gurus” alone.
I see many new traders falling into the trap of quick-rich schemes, paying tips providers, taking shortcuts, and so on. I hate those things and want to help genuine traders who are willing to spend time, money, and energy learning trading skills.
It’s my effort to share Gann’s methods and my trading discoveries (which I had developed after years of hard work) via this website.
Also, to let people know that trading is not gambling or something based on luck. Yes, I repeat. It is a learnable skill, and just like any other profession, like doctors or engineers, this is also a profession.
I share knowledge in the form of market reports and analyses. It’s not an analysis that tells buy here and then sell here like a stock tip. It’s based on my understanding and discovery of Gann’s work.
To spread the message, Gann’s work is simple (but not easy). And to see or learn simple things, we have to avoid what the masses are doing.
There are so many websites and blogs teaching trading skills nowadays. Why should I learn from you or your website?
Yes, I agree. The Internet is now flooded with trading courses. But what makes us unique is 1 reason.
Our 20+ years of experience in the Gann research field.
And I employ those trading methods in the market daily. This means I risk my hard-earned money based on Gann’s research findings and my discoveries.
If the discoveries and trading methods had not worked, I would have left this field during the early stage of my career.
Yes, it’s mind-blogging for 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 them far better results.
50% of our sales come from old students/clients every year (they keep returning), which is a good sign that our courses deliver results.
The trading methods and strategies I own work for me.
And it will work for you, too. The complex concepts are broken down into simpler concepts that anyone can understand and implement in their trading.
What do people get if they buy your course?
They will learn the original trading methods of WD Gann, which cannot be found anywhere else. They will also learn the trading strategies and methods I have discovered from my study and writing of the WD Gann. These trading methods and techniques offer over 80% accuracy.
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 go through before becoming a consistently profitable trader.
How to Become A Consistently Profitable Trader – The Success Formula
You can also bookmark this site and keep reading my blog articles. I update them frequently.
Wishing You Success
