Often you would have thought why always my stop loss is taken away. It is an art to trade with stop losses of other traders. Here in this book, we will be discussing one of the many methods to identify demand/ supply zones and using them to take away stop losses of retail traders. After the stop loss of retail traders is hit, the price moves very fast in the opposite direction. Stop losses are taken out by the big institutional investors to get the position at the wholesale price so that they can sell them at retail price at a later date.
Even if you lose two-three trades the stop loss money that your loss would be significantly lower than what you can earn in a single trade. We are always with big investors and any adverse news or change in trend will also be against big traders who have invested more amount than you. Big investors will not let the trend go against them or at least will try to exit at minimal losses. Big investors will always come to rescue you if you have taken trade in their direction.
What Inspired You to Write Your Book?
I am a great fan of Linux, however, I have observed that computer users are reluctant to switch to Linux from another operating system out of the fear that they might damage the computer. Here in this book, I have provided step by step guide for these new users to switch to Linux. This book will develop confidence among new users of Linux.
Before you start the installation of Linux or you want to run live Linux on your system for testing hardware and feature of a Linux operating system, you will be required to set your tools in place. You will need a USB pen drive with a capacity of about 8 GB. This pendrive will be used to save installation files of Linux or files to run live Linux on your system. Further, assuming that you are using a Windows computer, you will be required to have any software for writing Linux ISO files on the pendrive.
The step by step process of making a pendrive ready for running live Linux or installation of Linux is explained in upcoming sections.
What is a bootable media/ device
When your system does not have any operating system, it cannot start on switching power. Say you want to change the operating system or you want to install a new operating system or you want to scan your computer with an antivirus while keeping your computer operating system shut, you will need bootable media for starting your computer. This can be done through special instructions stored on another Hard Disk or USB pen drive or Compact Disk (CD).
In simpler terms, making USB bootable means loading special instructions on pendrive to load certain files to start an operating system. You cannot communicate with a dead OS computer without bootable media. Here in our case, we will be storing the bootable data on USB to start our PC from scratch without going into Windows OS.
Uses of a bootable USB
1. Most commonly bootable USBs are used for installing a new operating system
2. Loading a small operating system with an anti-virus scanner to scan PC/Laptop hard drive for virus or errors.
3. Flashing Bios Memory (not covered in this book. To be done by experts only as this may damage your PC)
Making USB drive bootable
For making your pendrive bootable you may need to install software on your Windows PC to load booting instruction and operating system ISO on pendrive. This software will copy operating system files and booting instructions on a USB drive. ISO are file images intended to make CD/DVD.
Why cannot I simply copy-paste ISO data on pendrive as I usually do? hmmm… yes you can copy-paste to load data on pendrive, but from this process, the pendrive will not become a bootable pen drive i.e. instructions will not be copied into the right location.
The boot instruction for execution requires them to be stored in the first 512 bytes of a pendrive/CD/hard disk. Well, this is a hardware part, without going into detail, I tell you that copying will not put the booting instruction at the right locations.
I suggest a few software for installation on your Windows machine to copy OS ISO on your pendrive to make your pendrive bootable for installation of a new operating system.
Below is the link to one such software that can copy ISO data to your pendrive and make it bootable. You are strongly recommended to install this software on your Windows PC.
Achal has more than 20 years of experience in computer programming as a hobbyist. He has a Bachelor's degree in Mechanical Engineering and a Master’s degree in Management. The author has about 15 years of experience in International Trading. He is also an Author to Udemy online video course titled “Creating Trade Strategies & Backtesting using PineScript”. He is currently working for a renowned Trading Company in India.
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