Day Trading Futures

[throwawayacc123]

Full time since mid Jan this year (left the 8 years old job and have nothing else to do ).

Was introduced to trading 2-3 years ago but started actual serious learning/experiencing early last year.

Jan'14 : B/E
Feb'14 : about 10% (Have small capitol so this is not great)
Mar'14 : Positive so far

I hear you....i also left my job after 8 yrs.

After 8 yrs, i realized i was making money for my bosses while i made peanuts.

There are two kinds of people in this world, those who make money/wealth for themselves and those who help others make money/wealth.

 

[timepass]

Will Infy futures break the day high of 3487 ??

 

[throwawayacc123]

Will Infy futures break the day high of 3487 ??

you also holding long positions?

 

[manishchan]

I hear you....i also left my job after 8 yrs.

After 8 yrs, i realized i was making money for my bosses while i made peanuts.

Rightly said. In fact, I was doing great in my job (according to my bosses) . But I really hated what I was doing thought I made some good peanuts (is helping in survival now).

There are two kinds of people in this world, those who make money/wealth for themselves and those who help others make money/wealth.

Love this line.. I think from one of my fav books "Rich Dad, Poor Dad"

 

[augubhai]

There are two kinds of people in this world, those who make money/wealth for themselves and those who help others make money/wealth.

There are two kinds of people in this world, those who work for money and those who make money work for them

 

[Tlahuicole]

Wow Manishchan bhai so good to hear your way. All the best, don't worry you will make very good returns. 10% per month is a good return if you have drawdown less than 2.5%. Infact very good return. I was able to consistently get this returns for past 9 months, but drawdown when happened were 5% to max. Now I have fine tuned my risk apetite to get consistent 10% return with less than 2% drawdown. Although not yet achieved it, implementing this in March only.

We are walking together

 

[manishchan]

Wow Manishchan bhai so good to hear your way. All the best, don't worry you will make very good returns. 10% per month is a good return if you have drawdown less than 2.5%. Infact very good return. I was able to consistently get this returns for past 9 months, but drawdown when happened were 5% to max. Now I have fine tuned my risk apetite to get consistent 10% return with less than 2% drawdown. Although not yet achieved it, implementing this in March only.

We are walking together

Thanks brother. Don't know where the future is so just going with the flow. At least I'm happy doing what I'm doing
I have controls on my draw down but my two enemies which I'm trying to control now a days are, "Over Trading" and "Being trend biased". These two caused a lot of dents on my trades over the last 1.5 months.

 

[krishna324]

Full time since mid Jan this year (left the 8 years old job and have nothing else to do ).

Was introduced to trading 2-3 years ago but started actual serious learning/experiencing early last year.

Jan'14 : B/E
Feb'14 : about 10% (Have small capitol so this is not great)
Mar'14 : Positive so far

good one.

educate us on your methods..thanks.

BTW i am also from Hyderabad.

 

[manishchan]

good one.

educate us on your methods..thanks.

BTW i am also from Hyderabad.

Bhai.. that's embarrassing. I am tumbling trader. Like a toddler. Whatever trade I'm able to take are because of TJ. Some of the people I have learnt a lot from are ST, SAINT, RAGHAV, Pratap, Anvy (check out their threads..simply superb) and continue to do so. I can't be thankful enough to them.

I follow Santosh, XRAY27, Suri, and many others as I come across in TJ who are amazing in their analysis and teach a lot to newcomer like me.

And welcome neibour We had a meet up for people in HYD in Jan (check my thread). We can do it again if people are willing to

 

[nirav_j]

NS closing of above 6537.25 today will clock a TD Combo 12.