General Trading Chat

[tradeblr]

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First trade 100 lotter second trade 40 lots.

ST

First trade was 3k, Buy first, Sell next
Second trade was 7k, Sell first and buy later.

 

[vikas2131]

I think you guys don't remember tradeblr's earlier posts. I am not quoting those here, but he/she posted trading logs with 100 NF lots or 7500 NF shares earlier.

NOW that u have mentioned i remember him scalping for few points with huge quantity..i though he was great trader...his example reminds me of another example that had happened in this forum itself where a trader lost about 4.5 lakhs and with 50 thousands left he wanted to recover all of his money by scalping for few points within 3 months.. we all know what happened after that....

 

[tradeblr]

It's okay. 4-5 crore ke capital mein yeh hota rehta hai. No worries :thumb:

I'm not a rich mans kid...money lost is lost.
I need to work for 6 weeks to earn this back, since I'm onsite I can take this loss. But the trading is not worth it I think. Planning to switch to equity.

 

[vikas2131]

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First trade 100 lotter second trade 40 lots.

ST

too high lots i doubt even u have traded this much quantity ever sir...

 

[timepass]

First trade was 3k, Buy first, Sell next
Second trade was 7k, Sell first and buy later.

Maybe you need to stagger your trades, buy/sell in a range instead of all at a fixed value.

Using BB, maybe your trades should be on reversion to 20MA.

 

[vijkris]

I'm not making this up, all loss only today.

@ tradeblr, I m not a senior, but u must read this.

http://www.traderji.com/trading-dia...ew-way-pivot-trading-vwap-60.html#post1145004

and for more details:

http://www.traderji.com/trading-dia...ew-way-pivot-trading-vwap-41.html#post1131836

 

[Snake.Head]

I dont trade YTC but al brooks method price action.
But i do check ytc for such info,very good info

 

[timepass]

I'm not a rich mans kid...money lost is lost.
I need to work for 6 weeks to earn this back, since I'm onsite I can take this loss. But the trading is not worth it I think. Planning to switch to equity.

Yeah, good idea, good place to practice discipline and various strategies using small quantities.

Back to the drawing board periodically is a good practice.

 

[traderniftybank]

BNF should not stay below 15000
otherwise looking for a big dip again, if stays below 15000

 

[Smart_trade]

I'm not a rich mans kid...money lost is lost.
I need to work for 6 weeks to earn this back, since I'm onsite I can take this loss. But the trading is not worth it I think. Planning to switch to equity.

When you were making money scalping on large quantity ,trading was worth it....the reason for your loss is excessive positions ...there is nothing wrong with trading and the markets. Think about it .

Smart_trade