A new Life, A new Career, A new Dream - I am a Trader
- Thread starter Taiki
- Start date
@Jagankris, its a good observation. News are important. What I want to know is that is there any website or blog or newspaper which lists upcoming events in advance? I am aware of moneycontrol, but the problem there is you visit them and they load you with their views and statestics etc, so your opinion is often get biased.
So want a passive source, which lists important events(from stock market perspective). Any newspaper any any specific day lists this?
Eg. Who reported @Gas pricing discussions in advance?
Regards,
Gaur_Krishna
So want a passive source, which lists important events(from stock market perspective). Any newspaper any any specific day lists this?
Eg. Who reported @Gas pricing discussions in advance?
Regards,
Gaur_Krishna
@403.forbidden : Great post :thumb: :clapping: :thumb: :clapping:
Agree with your every sentence, word & alphbet. Simply great post.
About threads, ST da's threads are awesome. I was totally failing in trading but saved by his threads and posts. Now only partially failing. Will implement your practise of WRITTING EVERY TRADE soon, from this month.
happy to know you too tread that "MARUTI MODEL"
Simply and all the best to Taiki and one & all.
Regards,
Gaur_Krishna
Agree with your every sentence, word & alphbet. Simply great post.
About threads, ST da's threads are awesome. I was totally failing in trading but saved by his threads and posts. Now only partially failing. Will implement your practise of WRITTING EVERY TRADE soon, from this month.
happy to know you too tread that "MARUTI MODEL"
Simply
and all the best to Taiki and one & all. Regards,
Gaur_Krishna
==========================================
Dear Taiki,
:clapping: I like your strong positive approach.
This post is for all the beginners. - from my two years full time trading experience. Nothing new,but could not resist posting, to kill the negative views about trading.
(Sorry Taiki,for posting my experience in your thread.If you feel it is like annoying then the mods can delete this post)
I'll be completing two years of my full time trading career on 30th of this month. I was into IT for 8+ yrs,worked abroad. I spent one year to decide " trading " as my new career. My whole family was against my decision and asked me to leave India. One Sunday afternoon, I met Mr.Smart_trade in TJ chat. He was explaining " trends ". Greek and Latin to me. Met some friends in person through another forum. They have trading experience and asked me to keep some safe funds for 2-3 years. I was so scared. Started Mr.Smart_trade's 'Swift' (NSE cash) in June 2011. Traded cash till October 2011. Wrote down everything in handwritten(red,green,mistakes etc and (still I write down) this habit,I developed from one of the members in TJ)Did all the mistakes and lost money,but got a feeling like something I have understood.Every mistake taught a great lesson. Started BNF in October 2011. WOW !!! That monster showed me the real face of (futures) trading, lost money due to lack of discipline,lack of patience and emotions clouded,due to fear. Slowly fixed every mistake and became consistent. I started NSE stock futures. I lost Rs.50,000/ in 3 days. Took a 3 days break and studied my mistakes. Then I started again. It is very comfortable now. I don't trade options and have never traded Nifty,but BNF futures. Now I trade only NSE stock futures. I took my first swing/positional trade and closed on 27th May,2013 and made some real good money. Still I make at least one big mistake once in a week and silly,stupid mistakes everyday.
Each and everything, techniques, real time psychology etc, I have learnt from Mr.Smart_trade's posts,charts etc.
Mr.Smart_trade's two threads " Thoughts about Day/Swing trading -1 and 2" are more than enough,for a beginner. Slowly,every trader starts tweaking ,addons, plugins etc and design their own methods.
I discussed a lot with my younger brother and I have not spent so much time with anybody to discuss about trading,except him. A very big thanks to him
Mr.Smart_trade said,
a) Trading is simple,but the trader is complicated
b) Trading is simple,but not easy. It is a battle of emotions
AW10 (I think - AW10) said,
Making money from the market is easy, but keeping it is very hard
Taiki,we both got the same mindset. You got " 5 Taiki " inside your head :lol: and I got one. That is the real enemy. I could not resist and hence this post. Once we have decided to trade our comfortable method only and if we start slowly doing that in real time, then the evil twin will be dying slowly. So many friends posted their best wishes to you. So many suggestions. It is very great indeed. jagankris and Dan have posted a bunch of good thoughts. I have come across through those and I know every trader has to, at the beginning. Handling those confusions is the real toughest part.,but trust me, it is easy.
Yes, trading is the best rewarding profession. Yes, we can make money from the market. It is very much possible. Please, never give up. Our methods(understanding) play only 10% and rest is the way handling our own evil twin in real time. It is very hard to believe our understanding in the real time,because of our emotions.
When our understanding gives few loss trades,we curse our understanding and jump to another. Instead of that, if we put efforts to understand why it failed and analyzed those few loss trades,then that is the key to improve our trading. And of course,99% of the times,those red trades,because of our evil twin. Making money from day one, it is impossible. We'll make mistakes. If we don't understand those mistakes and if we don't try to fix, then better stop trading.
My best wishes to you,to become a very successful trader, to all the friends in TJ & to all the beginners
=====================================
Dear Taiki,
:clapping: I like your strong positive approach.
This post is for all the beginners. - from my two years full time trading experience. Nothing new,but could not resist posting, to kill the negative views about trading.
(Sorry Taiki,for posting my experience in your thread.If you feel it is like annoying then the mods can delete this post)
I'll be completing two years of my full time trading career on 30th of this month. I was into IT for 8+ yrs,worked abroad. I spent one year to decide " trading " as my new career. My whole family was against my decision and asked me to leave India. One Sunday afternoon, I met Mr.Smart_trade in TJ chat. He was explaining " trends ". Greek and Latin to me. Met some friends in person through another forum. They have trading experience and asked me to keep some safe funds for 2-3 years. I was so scared. Started Mr.Smart_trade's 'Swift' (NSE cash) in June 2011. Traded cash till October 2011. Wrote down everything in handwritten(red,green,mistakes etc and (still I write down) this habit,I developed from one of the members in TJ)Did all the mistakes and lost money,but got a feeling like something I have understood.Every mistake taught a great lesson. Started BNF in October 2011. WOW !!! That monster showed me the real face of (futures) trading
, lost money due to lack of discipline,lack of patience and emotions clouded,due to fear. Slowly fixed every mistake and became consistent. I started NSE stock futures. I lost Rs.50,000/ in 3 days. Took a 3 days break and studied my mistakes. Then I started again. It is very comfortable now. I don't trade options and have never traded Nifty,but BNF futures. Now I trade only NSE stock futures. I took my first swing/positional trade and closed on 27th May,2013 and made some real good money. Still I make at least one big mistake once in a week and silly,stupid mistakes everyday.Each and everything, techniques, real time psychology etc, I have learnt from Mr.Smart_trade's posts,charts etc.
Mr.Smart_trade's two threads " Thoughts about Day/Swing trading -1 and 2" are more than enough,for a beginner. Slowly,every trader starts tweaking ,addons, plugins etc and design their own methods.
I discussed a lot with my younger brother and I have not spent so much time with anybody to discuss about trading,except him. A very big thanks to him
Mr.Smart_trade said,
a) Trading is simple,but the trader is complicated
b) Trading is simple,but not easy. It is a battle of emotions
AW10 (I think - AW10) said,
Making money from the market is easy, but keeping it is very hard
Taiki,we both got the same mindset. You got " 5 Taiki " inside your head :lol: and I got one. That is the real enemy. I could not resist and hence this post. Once we have decided to trade our comfortable method only and if we start slowly doing that in real time, then the evil twin will be dying slowly. So many friends posted their best wishes to you. So many suggestions. It is very great indeed. jagankris and Dan have posted a bunch of good thoughts. I have come across through those and I know every trader has to, at the beginning. Handling those confusions is the real toughest part.,but trust me, it is easy.
Yes, trading is the best rewarding profession. Yes, we can make money from the market. It is very much possible. Please, never give up. Our methods(understanding) play only 10% and rest is the way handling our own evil twin in real time. It is very hard to believe our understanding in the real time,because of our emotions.
When our understanding gives few loss trades,we curse our understanding and jump to another. Instead of that, if we put efforts to understand why it failed and analyzed those few loss trades,then that is the key to improve our trading. And of course,99% of the times,those red trades,because of our evil twin. Making money from day one, it is impossible. We'll make mistakes. If we don't understand those mistakes and if we don't try to fix, then better stop trading.
My best wishes to you,to become a very successful trader, to all the friends in TJ & to all the beginners
=====================================
ex Goldman Sachs Trader Tells Truth about Trading
https://www.youtube.com/watch?v=9h3lByx59ns
There are 6 Parts to listen to. This guy was also involved in the Million Trader documentation in BBC. He now talks in front of students about what he did and the students are allowed to ask questions about it. There is/are may question/s you hear you are interested in it and specially the answer given to it. Good stuff as he also speaks the true about how the banks decide who is going to trade with there money. Titles are not the final criteria.
Take care / DanPickUp
https://www.youtube.com/watch?v=9h3lByx59ns
There are 6 Parts to listen to. This guy was also involved in the Million Trader documentation in BBC. He now talks in front of students about what he did and the students are allowed to ask questions about it. There is/are may question/s you hear you are interested in it and specially the answer given to it. Good stuff as he also speaks the true about how the banks decide who is going to trade with there money. Titles are not the final criteria.
Take care / DanPickUp
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