General Trading Chat

A "deleted" post is like stop-loss of a bad trade getting hit !

Move on, be a good trader, take a "new" trade ! :thumb:
Deleted post is not even a stopped trade...it is a trade which did nor pass the risk control due to margin shortfall of Rs 1

ST
 

sudoku1

Well-Known Member
n wat abt a post dat escaped a deletion ? Overtrading in d direction of d trend :-D
It is like you get caught for jumping the signal and the next guy did not get caught...but he is sure to get caught at the next signal. We should say that I will not jump the signals and break the traffic rules and not worry about why the next guy did not get caught and when and how he will get caught.

Smart_trade
 

Jai Mata Di

Well-Known Member
Re: Is there Freedom of Speech in India(biggest democratic country)?

Though I have not seen the subject post so I do not know the contents of it. But the heading of the post probably indicates what was the content.

Smart_trade
Dear ST,
Please don't make such strong comments :) if you have not seen that post.

It was a valuable(for trading) post about market sentiment now, till expiry, before budget. Moderator can easily MODIFY SUCH POST, delete objectionable one/two lines (comment about finance minister in a virtual world like TJ :p) . But deleting/hiding whole post without reading it is not a job of Moderator? As a moderator I think you know the job of a moderator (modification of one/two line of a good post) very well.

=========
To Traderji and other moderators,

Such innocent comment like 'FM is not confident :)' is very common in any other forums or blog (with virtual identity).
Even much more stronger comment visible everyday (under comment section) in moneycontrol,Business World,CNNIBN, Times Of India, NDTV (web sites) etc. They value the freedom of speach if no one is abusive. I don't think FM has time to react to such innocent comment on virtual world. :D

If TJ moderators delete whole valuable post for making innocent fun (hardly 1 or 2 lines) or due to heading. Recent Moderators are doing the job like kids and other mods are backing them their childish act.

Jest few days ago a best wishes on Pongal(makar sankranti) from a friend here, was deleted too with a warning :lol:. Good job for moderators. :clapping:

Just few days ago millions of people around the world protested with 'I am Charlie' banner for freedom of speech. :D
What they could say in case of such innocent comment like 'Not confident enough or panicked'?
Yes only these two innocent words were objectionable on that whole post. :D Whole post got deleted.


Best wishes for TJ. Be happy with your newly implemented Hitler Rule. :p

H.C.


'I am Charlie'
 
n wat abt a post dat escaped a deletion ? Overtrading in d direction of d trend :-D
It is overtrading via a trade which escaped the risk management system...but that is still worse....it has a fate of busting the account sooner or later.

ST
 
OK.. on trading... I am facing a small problem & I need your suggestions (esp. ST, doc Soduku, Dan).

Problem/Question: While trading I generally use a MM that is approx. 1.2Reward. While the risk is presently capped at 2000 per trade. Now I need to scale up and with the same RR, I want the risk to go up to 7000 a trade... this part is easy - all I need is to increase the trading capital... now the tricky part - how do I train the mind to accept profits that are 3 times my earlier norms? This is not letting the profits run - as that would directly impact RR, but more on trading with increased position size... any pointers?
 
OK.. on trading... I am facing a small problem & I need your suggestions (esp. ST, doc Soduku, Dan).

Problem/Question: While trading I generally use a MM that is approx. 1.2Reward. While the risk is presently capped at 2000 per trade. Now I need to scale up and with the same RR, I want the risk to go up to 7000 a trade... this part is easy - all I need is to increase the trading capital... now the tricky part - how do I train the mind to accept profits that are 3 times my earlier norms? This is not letting the profits run - as that would directly impact RR, but more on trading with increased position size... any pointers?
You have to train your mind that now as your capital has increased 3.5 times, your losses and profits in absolute numbers will be 3.5 times the earlier figures though in % of capital terms they are still the same...it is not letting the profits rum for some more points but just that with a 20 points stoploss your earlier quantity was 100 now with same 20 point stoploss but 3.5 times capital your quantity will now be 350.

With higher capital if the profits do not go up then the return on capital suffers. But it takes time to train our minds to accept larger profits and larger losses in absolute terms.

Smart_trade
 
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In continuation of the above post I know a real life case of a trader who came from very modest background.....his parents monthly grossary and food items expences at that time was Rs 5000 and this trader became successful and came to a stage where his capital increased and his one stoploss used to be Rs 15,000....he had a severe block that with 5000 my parents live for 1 month and I blow Rs 15,000 on a single trade....

He had to convince his mind that he is no longer a salary earner like his father and his capital is sufficient to take care of 15 K loss on a trade and when he makes profits he makes 30 K ,40 K or 50 K in a single/couple of days which his father as a salary earner never made ( no disrespect to his father he was doing a great job of supporting a family of wife and 3 children in his modest means) ....he had big difficulty in getting this block of guilt ( of loosing 15 K on a single trade) ....it took lots of time for this process and I have seen this process very closely....

Smart_trade
 

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