Creating wealth with 25000...impossible?? No...possible

[NiftyFantasy]

Hi Optimist .just visited this thread today. Kindly continue with your results and its really a interesting one.

It will be a learning note as well for other traders.

Regards
Raghav

Optimist has changed his trading job... guess now.... :lol:

 

[wapeye]

This is what happens when throw risk management outta the window and try ur luck at getting rick quick. I am pretty sure Optimist has burned out.

Optimist's 1st post:
21st September 2008, 12:38 AM

and his last post:
17th December 2008, 07:30 PM
:clap:


he lasted less than 3 months!! and must have blown away atleast 25K...and more probable is that he lost arnd 50-75K..coz he had no stoplosses.
Even so, if he has learnt his lessons from this..i'd say it was worth it. Lesson being that u've gotta have the right focus (risk mgmt, gd strtgy) and extreme discipline in execution.
if he and others on the thread have not learnt his lesson, they'll be converting 25,000's to Rs10 the rest of their lives!!

 

[sumeetsj]

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[Freedomji]

This is what happens when throw risk management outta the window and try ur luck at getting rick quick. I am pretty sure Optimist has burned out.

Optimist's 1st post:
21st September 2008, 12:38 AM

and his last post:
17th December 2008, 07:30 PM
:clap:


he lasted less than 3 months!! and must have blown away atleast 25K...and more probable is that he lost arnd 50-75K..coz he had no stoplosses.
Even so, if he has learnt his lessons from this..i'd say it was worth it. Lesson being that u've gotta have the right focus (risk mgmt, gd strtgy) and extreme discipline in execution.
if he and others on the thread have not learnt his lesson, they'll be converting 25,000's to Rs10 the rest of their lives!!

I am really offended with your :clap: , considering he made his losses. Don't get me wrong my friend! In our trading career "Everybody falls at the first time ! For some one it's a Grave, For some one they became a seed of an unbeatable wild banyan tree"

 

[darkstar]

One thing one should understand before entering the markets is that Markets are not casinos, one should have a realistics target. If one is able to get 100% returns per annum on ones capital on the long run then he has defeated the markets and the best of the world brains by a wide margin.

As your target is 10crore from 25K in 18months , your average compounded monthly return should be 58.532% per month to achieve your target. Impossible - no, difficult- damn difficult(maybe more difficult than winning an Olympic medal). It is the losing trades that you have to take care of because one bad month could take you back many months .
On the other hand if you double your money every year than you would have made 10crores in about 12 years and that would be fantastic.

Even the Richest Man of the Planet the Great Warren Buffet has been able to make a little over 20% annually for the last 50 years. Yes Rakesh Jhunjunwala started with 5000 but it took him over 20 years to make that 1 billion dollar (4500cr). What market gives it takes back very easily, you have to very intelligent to protect your profits because after some success you may have to protect yourself from yourself (fear and greed the biggest traders/investors enemies)

If you are able to acheive your target I think you would be the only one of a kind (one in a Billion Kind of Guy), as your starting capital is not much, I can only say one thing, GO FOR IT!!!!

friend one thing i wanna mention about rakesh jhunjhunwala is that in 1982 he said his father[income tax officer] that i wanna invest in stocks his father asked him don't relay on me. that time he checks his bank a/c he had only 5000 rs thats the truth . but story will not end that time he goes to his brother-in-law who was well established CA. his brother-in-law ,he his partners will start with 1250000 lakhs yes they will start with 12.5 lakhs ,at that time when good shares came at the price of less than 9 rs. he and his team made 25 lakhs on around 1984 but loose 50 % in next year. thats the full real story of starting capital of rakesh jhunjhunwala.
that didn't mean i will not appreciate him ,his skill i also fond of him.

 

[sumeetsj]

http://www.traderji.com/equities/47811-how-acheive-target-10-lac-1-year.html#post510327

 

[TraderRavi]

Optimist come back

you must understand, now he became pessimist , so cant come in this thread under id optimist.........

 

[TraderRavi]

hi zerodha , nse now is not working................:annoyed:

 

[Purushotham]

hi zerodha , nse now is not working................:annoyed:

Mine is working.....