Comfortable profits from trading Nifty.

[aditya14]

ok so u were just paper trading is what you`re saying? bcoz i didnt see anywhere the commissions the slippages the timing of trades the postion sizing etc.....

 

[jamit_05]

I was thinking of starting my own website and the first thing ill show ppl is my tax return of past 4 years so that people know iam not a virtual entity making up stuff hence i thought maybe u have some similar thing.....

Nothing personal don`t take offense but how can someone take anyone seriously when that person doesn`t have any track record...?

Nice idea... start a website. But publishing tax record will not gain people's trust... you will have to make advertising expense... that it the best way.

Besides, if trading is profitable why sell calls? Enjoy earning and enjoy spending

 

[jamit_05]

ok so u were just paper trading is what you`re saying? bcoz i didnt see anywhere the commissions the slippages the timing of trades the postion sizing etc.....

I am not trading 315 (It is a trading method).

With this thread, my only intent is to focus on the mental side of trading more than the system side. The system side has been talked about at lengths in so many other threads.... (I think I have read them all at some point)

 

[aditya14]

nahi i will be doing it with knowlegable fellows like you guys in this forum yaar so u can say iam scouting for some good guys..... and not calls it will be analysis and giving directional direction : ) to people who are like a deer in front of a car headlight right now.....

 

[jamit_05]

Nice.

nahi i will be doing it with knowlegable fellows like you guys in this forum yaar so u can say iam scouting for some good guys..... and not calls it will be analysis and giving directional direction : ) to people who are like a deer in front of a car headlight right now.....

Awesome. Start a thread... looking forward to it.

 

[gmt900]

nahi i will be doing it with knowlegable fellows like you guys in this forum yaar so u can say iam scouting for some good guys..... and not calls it will be analysis and giving directional direction : ) to people who are like a deer in front of a car headlight right now.....

Sorry, I did not understand thy last bit

 

[aditya14]

It's an expression. It is the tendecy of deer that look into the headlights of an oncoming vehicle to be dazzled and freeze in place.Used to describe someone who is startled and cannot react despite the fact they are facing impending doom.

 

[jamit_05]

gmt,

There was a whipsaw recently. I think, you did not take it. This is an important opportunity. You must fully understand the reason for skipping it. Such a habit is a best traders undoing.

regards.

 

[gmt900]

gmt,

There was a whipsaw recently. I think, you did not take it. This is an important opportunity. You must fully understand the reason for skipping it. Such a habit is a best traders undoing.

regards.

Since I have baught 6100C with no stop loss, there was no question of skipping whipsaw. But, yes I did notice whipsaw and would not have taken it.
Regards

 

[jamit_05]

Since I have baught 6100C with no stop loss, there was no question of skipping whipsaw. But, yes I did notice whipsaw and would not have taken it.
Regards

Consider the following suggestion.

To trade successfully one is required have several months of real-time experience. Several trades have to executed precisely as per plan. This training is important. 315 has very few trades for that.

I suggest you follow Gurmy's trading method. He has precise trading rules and takes several trades a week. It will be very good practice for you. The system is rigorously back-tested. You will get two benefits:

1) It will fulfill your target of 10K a month

2) Will give you a thorough practice in following trading rules.

Regards.