face value

#11
Re: Anyone ,who earned more than His/her losses in stock market?

Madhuri and others

It takes 10 years to become a doctor,5 years to become an engineer,7 years and a competitive exam to become a Chartered accountant.
What about a trader? I would say it takes 7-10 years to even know what you can expect from the market, leave alone profit from it.To start with, do deliveries then position trading then swing trading then after at least 10 years in market, do intraday.

In any business undercapitalised entities will find it difficult-who can compete with Ambani? Most traders are over leveraged and undercapitalised and hence are doomed from start.
Ed Seykota "Until you master the basic literature and spend some time with successful traders, you might consider confining your trading to the supermarket"
 
#12
Re: Anyone ,who earned more than His/her losses in stock market?

True that trader's need to be experienced. understanding that both investment and trading have different strategies and craft. I make my living by trading in the market.. and there are many like me.You can grow you money from 15 to 60% annually if you use right techniques and strategies. I carefully study the script before investing and i advise everyone to do so. Learn risk management, fundamental analysis, technical analysis etc. I do it for my clients. Anyways Happy Investing and always use COMMON SENSE
 

hmp

Well-Known Member
#13
Re: Anyone ,who earned more than His/her losses in stock market?

Hi all
I believe in charts.My stategy is very simple.I follow Saints strategy.After studying Tech man ...I decided to watch daily and weekly charts of only "A" group stocks.When both charts shows positive uptrends with trend line crossing above 9 ema then only I enter into stock.I keep stoploss @2% and profit @5%.I keep It that simple! Believe me uptill now my success rate is almost @85%.I dont follow any other tips,dont watch CNBC no other fundamentals and tecnicals still I found that though market goes down my scrips continue their upward journey towards 5% target.I only trade in top momentum stocks above 150 value.So far i keep on acheiving my target in most scrips in a week only.I dont regret when stop hits.But that is very rarly.So if I trade in 10 stocks almost 8/9 stock hit the target.If by chance scrip goes up 3% in the intraday I book proffit on the same day.Otherwise I take delivery without any tension.Because my stoploss(2%) and target(5%) is already fixed.I dont have to sit before PC all day.That I cant do because of office ristrictions.But still I am in proffit without any tension.No margin play,no future/options,only I trade in cash.Due to this though I may get small proffit in each trading I m still happy with it.Thanks to Saint and other senior members due to them I could acheive something.
 
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savkar

Well-Known Member
#14
Re: Anyone ,who earned more than His/her losses in stock market?

Hi all
If by chance scrip goes up 3% in the intraday I book proffit on the same day.Otherwise I take delivery without any tension.Because my stoploss(2%) and target(5%) is already fixed.I dont have to sit before PC all day.That I cant do because of office ristrictions.But still I am in proffit without any tension.
Does this mean that you put stop loss values everyday?, assuming ur trading online.
 

pundit

Active Member
#17
Re: Anyone ,who earned more than His/her losses in stock market?

Hi all
I believe in charts.My stategy is very simple.I follow Saints strategy.After studying Tech man ...I decided to watch daily and weekly charts of only "A" group stocks.When both charts shows positive uptrends with trend line crossing above 9 ema then only I enter into stock.I keep stoploss @2% and profit @5%.I keep It that simple! Believe me uptill now my success rate is almost @85%.I dont follow any other tips,dont watch CNBC no other fundamentals and tecnicals still I found that though market goes down my scrips continue their upward journey towards 5% target.I only trade in top momentum stocks above 150 value.So far i keep on acheiving my target in most scrips in a week only.I dont regret when stop hits.But that is very rarly.So if I trade in 10 stocks almost 8/9 stock hit the target.If by chance scrip goes up 3% in the intraday I book proffit on the same day.Otherwise I take delivery without any tension.Because my stoploss(2%) and target(5%) is already fixed.I dont have to sit before PC all day.That I cant do because of office ristrictions.But still I am in proffit without any tension.No margin play,no future/options,only I trade in cash.Due to this though I may get small proffit in each trading I m still happy with it.Thanks to Saint and other senior members due to them I could acheive something.
Hi HMP,
Nice to see that you are doing trading and keeping it very simple, SAINT is really great who shared his knowledge and helped many new comers to learn the technicals, I also gone thorough the thread "Teach a Man.." but could not understand much as charts have been removed due to less space , but I have downloaded another version re arranged by another nice fellow but yet to read it, kindly share which particular method tought by Saint you are following.
 
#18
Re: Anyone ,who earned more than His/her losses in stock market?

2006 Started Tradeing with Investments 100 k
2007 Happy to see money grow in some profit almost 20k in delivery Cash
So ventured out on Derivatives FnO initially earned 10 K in single trade
Further experiments in margin and margin plus
Increased cash to my account about 400,00 k did margin, FnO Loss (50,000)
2008 Invetsment and Trading Loss 200,000 kept on adding fresh money
Total loss (400,000)
Realized Trading is not my cup of tea need more experience ventured into investing
2009 : continued adding good scripts averge as markets moved downwards
2010 : More deciplined approach formalized in investments

Today All Lossess are gone with 100,000K profit and good collection of companies which will perform in future.. also MF profit more than 50 K so overall 3-4 years venture of more than 800,000 money invested profit of 200,000 which si 50 K per year not bad when markets were bear phase and I was new learner
hmmm do you mean 100,000 or 100,000K

@topic....
I think in the end stock market will give you profits if you are ready to accept your mistake and do a relook at your technique\strategy if things are not going as per your plan .

I have made some profit in both trading and investment. I am swing trader and started trading this year itself while I am investing for last 8 years.
 

hmp

Well-Known Member
#19
Re: Anyone ,who earned more than His/her losses in stock market?

Dear SAVKAR thanks for reply.
I dont keep on changing my values.Suppose I buy ABC Share at Rs. 200 Then I fix my Target @ 210 (5%) & stop loss @196(2%) .I square up my position at whichever first hits either today or after 3/4 days its a matter of time.
 

hmp

Well-Known Member
#20
Re: Anyone ,who earned more than His/her losses in stock market?

Dear Pundit,
As I explained it.Ifollow only trendline of a particular stock.When you draw a line thru pivots you can understand its journey is up or down its that simple.
 

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