Prafull Manohar Nikam is a dedicated Forex and Stocks Trader based in India, as well as an accomplished Indicator and Expert Advisor (EA) Developer. With a wealth of experience in the trading arena, he has witnessed the common tendency among traders to seek out ways to secure a profit of 10 pips or even 100 pips daily. However, he emphasizes a crucial point: traders seldom inquire about mitigating their losses, asking instead, "How to make only 10 pips loss per day?" Prafull believes this oversight is a fundamental flaw in trading psychology, as acknowledging that "loss is the boss" is vital. He articulates that losses are an inherent aspect of trading, one that every trader—whether a novice or a seasoned expert—must learn to embrace.

Prafull's mantra is clear: effective loss management is paramount. He advocates that money and risk management serve as the keys to success. By narrowing their losses, traders can ultimately turn their ventures into profit-generating journeys. This philosophy extends to automated trading as well; he asserts that one cannot simply leave an expert advisor to its own devices but must manage it diligently to achieve favorable results.

As a testament to his expertise, Prafull has developed an impressive array of trading systems, including the PraNik EA macd levels MT5, PraNik EA macd levels MT4, PraNik EA arrow only MT5, PraNik EA arrow only MT4, Xgrid Scalper MT5, Trade BTN, Trade BTN 4, Multi Cross 5, Multi Cross 4, Scalper Marti 5, Scalper Marti 4, Count MACD 5, Count MACD 4, EMA Scalper 5, EMA Scalper 4, Bolli Plus 5, Bolli Plus 4, BB Scalper 5, BB Scalper 4, MACD Level Alert MT5, MACD Level Alert MT4, Engulfing Candle Alert MT5, Engulfing Candle Alert MT4, Base MACD 5, Base MACD 4, Harami Candle Alert MT5, Harami Candle Alert MT4, Modern Donchi MT5, Modern Donchi MT4, ICT Zone Alert MT5, ICT Zone Alert MT4, ATRx Martingale EA 5, Auto Stop Loss All Trades MT5, Auto Stop Loss All Trades MT4, ATR Stop Loss All Trades MT5, ATR Stop Loss All Trades MT4, EMA Martingale MT4, EMA Martingale MT5, RSI Level Alert MT4, RSI Level Alert MT5, Xgrid Scalper MT4, ATRx Martingale EA 4, H1 Hedge EA 5, H1 Hedge EA 4, BB Martingale EA MT5, BB Martingale EA MT4, Auto Close Trades at Percentage MT5, Auto Close Trades at Percentage MT4, RSI crosses MA Alert 5, and RSI crosses MA Alert 4.

Passionate about empowering traders, Prafull shares his insights and innovations through his website, where he aims to elevate the trading experience for professionals and newcomers alike. His journey is a testament to the belief that resilience in the face of losses, combined with disciplined management, leads to trading success.