General Trading Chat

[VJAY]

He he, well many times I have been profitable for 7-8 days in a streak, but then... on the next day or two, I give it all back with premium. Funny enough.

Vivek

That means i should control my emotions and should not think of New Year party now. Anything can happen tomorrow.

I know you guys are good traders but still some thing missing thats why these things happenings....this is not means I am error less trader I too making blunders but trying hard to control these things ...you can follow following things for atleast 1 month ...check what changes happens...
1.hope you have clear rules/method for your trades
2.hope you trading in NF
3.If trading big do it with 1 lot for 1 month
4.every day keep saved charts one marked with your trades and one with your model trades
5.write down what you made mistakes in your real trades with model trades
6.next day morning read those mistakes peacefully and try to swear and follow to NOT MAKE THAT MISTAKE AGAIN TODAY
Hope these simple things may remove some of your emotional touches from your trades ...though its helped me a lot might helps you too

 

[TraderRavi]

Personally a rare occurrence in my trading.. I have been consistently profitable since 4 days. :rofl:

Party to banti hai :clap::clapping:

 

[vivektrader]

I know you guys are good traders but still some thing missing thats why these things happenings....this is not means I am error less trader I too making blunders but trying hard to control these things ...you can follow following things for atleast 1 month ...check what changes happens...
1.hope you have clear rules/method for your trades
2.hope you trading in NF
3.If trading big do it with 1 lot for 1 month
4.every day keep saved charts one marked with your trades and one with your model trades
5.write down what you made mistakes in your real trades with model trades
6.next day morning read those mistakes peacefully and try to swear and follow to NOT MAKE THAT MISTAKE AGAIN TODAY
Hope these simple things may remove some of your emotional touches from your trades ...though its helped me a lot might helps you too

VJAY bhai, thanks for your input. I am trading presently in 5-6 stocks (also not trading big).Keeping an eye on Nifty though.
Bad days result when my first trade is a loss, after that first loser I tend to break all rules in the book to get even.
For the fun part: In psychiatry, there are two types of illnesses:
1. Neurosis or minor illness, where one has 'insight' and knows what's wrong.
2. Psychosis or major illness, where one doesn't have insight and doesn't realise what's wrong.
Fortunately, I have migrated from 2 to 1 now.
Let's see...

Vivek

 

[adg123]

0.5% population deposited about 50% of cash[/I]. Amazing...
Source: TOI

Vivek

That is why "Mera Bharat Mahan"

 

[travi]

VJAY bhai, thanks for your input. I am trading presently in 5-6 stocks (also not trading big).Keeping an eye on Nifty though.
Bad days result when my first trade is a loss, after that first loser I tend to break all rules in the book to get even.
For the fun part: In psychiatry, there are two types of illnesses:
1. Neurosis or minor illness, where one has 'insight' and knows what's wrong.
2. Psychosis or major illness, where one doesn't have insight and doesn't realise what's wrong.
Fortunately, I have migrated from 2 to 1 now.
Let's see...
Vivek

Sometimes when you're not feeling right, take your favourite scrip and trade only that.
This will reset your brain again, when one analyses multiple scripts, the brain in its lesser performance begins to screw up.
Take a trade as per setup, if you don't get any trade, let that day go.

Jumping from script to script is like changing indicators/setups to fit an entry instead of being the other way around.

 

[augubhai]

BSE plans to trade for 22 hours a day

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

 

[cinderblock]

BSE plans to trade for 22 hours a day

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

Why the 2-hour break? Sone ke liye? :rofl: :rofl:

Money never sleeps. And henceforth so will traders!

 

[NoviceStockTrader]

They should introduce 24 hour trading in Index futures atleast. There will be no gap ups or downs. Traders can manage their positions better. It will be a boon for us.

 

[traderniftybull]

BSE plans to trade for 22 hours a day

Read more at:
http://economictimes.indiatimes.com...ofinterest&utm_medium=text&utm_campaign=cppst

Good idea for traders having insomnia problems, like me :lol: :lol:

 

[deba72]

But will they allow resident retail traders to trade in the new exchanges to be set up in GIFT city ?