Indian Trading League / SAMCO

[headstrong007]

Is bar jo husband wife jori 1st 2nd prize le geya wo jada chota low volume stock main trade kiya hai.. Essar Oil main bahut trade kiya.. Aaisa stock main insider news bohut hota hai.. Kya pata kisko mila hai? :annoyed: Aaise stock main trading competition ke liye hanikarak hai.

Agar Bank Nifty,Nifty main trade karke koi 3000%-5000% kama sake to mera usko salam..

Commoidty Competition fair raha, idhar koi Essar Oil wala aya nahi. Jada Crude wala hai... India main baithke lagta hai insider news milta nahi, isliye profit jada hua nahi. :rofl:

 

[TraderRavi]

 

[TraderRavi]

Is bar jo husband wife jori 1st 2nd prize le geya wo jada chota low volume stock main trade kiya hai.. Essar Oil main bahut trade kiya.. Aaisa stock main insider news bohut hota hai.. Kya pata kisko mila hai? :annoyed: Aaise stock main trading competition ke liye hanikarak hai.

Agar Bank Nifty,Nifty main trade karke koi 3000%-5000% kama sake to mera usko salam..

Commoidty Competition fair raha, idhar koi Essar Oil wala aya nahi. Jada Crude wala hai... India main baithke lagta hai insider news milta nahi, isliye profit jada hua nahi. :rofl:

bhai kisi bhi stock mein kamaye galat kya hai , koi bahanebaji nahi , topper is topper.

 

[TraderRavi]

800% return obviously directional trade from options.No other strategy could fetch this kind of returns.

but the topper with 3000% returns claims he trades in stocks.
options buyers get one time lucky then lose all.

 

[bpr]

do you guys think the percentage calculation fair?

lets say person 1 making making 3 lac on 10L capital i.e 30% return
Vs person 2 making 25k on 25K capital that is 100 percent return.

P1 is much more difficult. because bottom line is money, trader who created more money should be given more weigtage somehow. P1 is taking much more risk money wise and managing it well .

We all know returns are not scalabale as we increase money.

Lets take the the example of Chitanya Jaiswal here. He is definitely a good trader no doubt. But if he is given a 100 million$ funds can he replicate the 3000% returns. Hell no May be he will provide a very good return but not 3000% in a year.

Reasons.

1> Impact cost if he using market orders.
2> Market liquidity problem. Market can absorve so much liquidty. It may not fill the position.
3> The most important point- Trader's Psychology he may not stomach the risk to Handel/Put that much money at risk.

The percetage calculation does not take into consideration the point 3 which is why it is bad.

Any trading competition should have 2 things to be fair
1> starting capital same
2> no reload allowed.

But as ITL is not like that I think Big account traders deserve credit too as they are taking more risk money wise and managing it well which is a key metric of a good trader.

Edit:
I read their FAQ how they calculate the rate of return and realized that Some points that I raised earlier is wrong but still some other points valid so edited accordingly.

 

[TraderRavi]

do you guys think the percentage calculation fair?

lets say person 1 making making 3 lac on 10L capital i.e 30% return
Vs person 2 making 25k on 25K capital that is 100 percent return.

P1 is much more difficult. because bottom line is money, trader who created more money should be given more weigtage somehow.

Again P2 if blows the money(100% loss) can reload and try again without any penalty to ranking and 25k is a small money comparatively. if no reload allowed may be it will be fair. Otherwise it is suited to some particular style trader. those who take max risk (utilize max money on account for position) and make money and then get payout and keep the minimum on account and repeat.
whereas unfair to people who keep a lot of money for cushion and utilize 20-30 percent of account for taking position and also keep their earning in their account to grow compounding. if somebody does that then it will hit its ranking as return in percentage will be bad.

If P1 blows even 20 percent he is loosing serious money in comparison, reload is tough and gets really penalty in leader board as it takes more time recover that 2l before making money. So P1 for making that 30 percent he is taking serious risk and managing good money wise.

it is fair as minimum amount is 25000.
so all traders must be starting with same amount to win the prizes.

 

[bpr]

it is fair as minimum amount is 25000.
so all traders must be starting with same amount to win the prizes.

what about traders who can't trade on 25k starting capital.
are they bad ??

 

[TraderRavi]

what about traders who can't trade on 25k starting capital.
are they bad ??

no not bad
but with higher capital difficult to get such high %.
so they sud participate in the competition where min capital is 5lakh.

 

[Blackhole]

I think it's a good idea, I think it should continue. They will refine it in time, maybe they will realize that increasing the number of winners is as important as a huge prize money.

I think the same:thumb:

 

[Blackhole]

it is fair as minimum amount is 25000.
so all traders must be starting with same amount to win the prizes.

truly said! they might have started with cheap OTM and going with the trend and then it all kick started and set the tempo for them. I hope all is legal and data is not fabricated.