Lets double the money in 40 trades

[Subhadip]

After 8 trades...stop hit twice..

all stop hit today

total gain of today is 13175..(leaving the trade i told later as i forgot to update here..)

so after todays trade my capital 1,26,675 rs only

Gained 26% within 8 trades..

only 32 trade left to make it 2 lakh..

:clap::thumb:

 

[Sunny1]

Again Excellent Grab Of All Opportunities...thats superb.....

 

[Smart_trade]

The person is posting his trades live.....and he is not soliciting for any newsletter, tips giving, his own paid blog etc.....we should not disturb this thread and let him continue.....he has said that he will share his method....to share or not is his choice we cannot dictate that.

We should only see if the trades are practical, doable ...whether he is taking excessive leverage and whether the trades are in accordance with good trading principles......

Anyone found disturbing the thread , we will initiate action against that ID....

Smart_trade
Moderator

 

[Smart_trade]

Misrepresenting facts should be met with equally harsh reprimands for it misleads new users on the forum and investors / traders. I can understand that this is not entirely a public forum and can be run by a few people with vested interests but plain lying needs to be actively discouraged. I do not intend to advise others on how to run a forum but a little honesty is always expected and appreciated.

I don't understand what you are talking about. But I can assure you that if any attempt of misleading the newcomers or does something against the forum rules we will deal with him very firmly.

I saw few of his trades in the afternoon and I did not see any attempt to mislead. But I have nothing to do with his trades ,as long as he does not do any mischief why should anyone disturb the thread ?

We have a job to do ...so let the thread progress without any insulting posts/foul words.......hope you will cooperate and not force us to take unpleasant actions ....

Smart_trade

 

[Subhadip]

I will be watching your trades closely so please post as soon as possible in real time. Hope it will help me a lot. Thanks

• next week have my brother's marriage..do not know if i can post live or not..
  
  if i do not post live ..it will not count..
  
  :clap::clapping::thumb:

 

[Smart_trade]

Veluri ji,

I agree with you.
Day trader cannot post his trades and concentrate on trading as well.
As per the plan the distraction factor should not be there.

But with respect to the Time frame.
Assuming a trader is trading Nifty - With 1 M time frame it is impossible to double 1L to 2L in 40 trades.

The best probability of all 40 trades success is 40 * 50 * 50 Points = 1 Lakh.

ie 40 trades 100% hit rate and 50 points profit each trade is required to double 1L to 2L.

I don't think any 1M tf strategy gives 50 Points profit every trade.

Please correct if my understanding is wrong.

TIA.

Jagan,

1) He is trading Bank Nifty Fut and on 1 min chart the risk normally is between 20-30 points and he is trying to make 60-80 points .

2) In between he is adding...that adds to the profit and with adds if he is taking a risk of 1 R he is trying to make 3-4 R or more in a winning trade.

3) 100 % in 40 trades is possible and I think he can meet the target comfortably.....People are making much more than that in daytrading with improved MM techniques.....

4) If anyone takes the trouble of marking his trades on 1 min charts, one can easily find out on what method he is trading. If not the exact rules...one can know the thought process behind the trades.

For others

So let the 40 trades be over.....if he succeeds, you have a demonstration in live trades....if he does not , then we wont blame him ...as he is making a bold attempt and he is not doing it for misleading or cheating anyone...so why are we pouncing on him . I am a daytrader and I can tell you posting trades immediately realtime and also watching charts,terminal is not an easy job...daytrading requires absolute concentration bar by bar,particularly if you are trading a fast counter like Bank Nifty Fut.

People in our forum are matured enough to see what is good for them. Unless there is a blatant cheating,solicitation ,advertising or promotion of wrong trading practices happening we should encourage such threads. It is because of out attitude of criticizing ,many good people dont post their methods on the thread.....and who is the sufferer ? it is the new traders...and as a result we have threads like " Can money be made in trading ?" " Is anyone making a dime trading options?"

It is a false and very arrogant belief that people who cannot trade, they teach. Teaching or sharing the knowledge has a pleasure which many wont understand. Saint,Amitbe,AW10,Linkon,SavantGarde,TnSn share their ideas because they cannot trade and they have nothing else to do ? Or they share to get some importance in the forum ?? None of them need it anyway.....No.... the answer is they enjoy sharing and enjoy seeing someone else become a successful trader.

Smart_trade

 

[Subhadip]

Jagan,

1) He is trading Bank Nifty Fut and on 1 min chart the risk normally is between 20-30 points and he is trying to make 60-80 points .

2) In between he is adding...that adds to the profit and with adds if he is taking a risk of 1 R he is trying to make 3-4 R or more in a winning trade.

3) 100 % in 40 trades is possible and I think he can meet the target comfortably.....People are making much more than that in daytrading with improved MM techniques.....

4) If anyone takes the trouble of marking his trades on 1 min charts, one can easily find out on what method he is trading. If not the exact rules...one can know the thought process behind the trades.

For others

So let the 40 trades be over.....if he succeeds, you have a demonstration in live trades....if he does not , then we wont blame him ...as he is making a bold attempt and he is not doing it for misleading or cheating anyone...so why are we pouncing on him . I am a daytrader and I can tell you posting trades immediately realtime and also watching charts,terminal is not an easy job...daytrading requires absolute concentration bar by bar,particularly if you are trading a fast counter like Bank Nifty Fut.

People in our forum are matured enough to see what is good for them. Unless there is a blatant cheating,solicitation ,advertising or promotion of wrong trading practices happening we should encourage such threads. It is because of out attitude of criticizing ,many good people dont post their methods on the thread.....and who is the sufferer ? it is the new traders...and as a result we have threads like " Can money be made in trading ?" " Is anyone making a dime trading options?"

It is a false and very arrogant belief that people who cannot trade, they teach. Teaching or sharing the knowledge has a pleasure which many wont understand. Saint,Amitbe,AW10,Linkon,SavantGarde,TnSn share their ideas because they cannot trade and they have nothing else to do ? Or they share to get some importance in the forum ?? None of them need it anyway.....No.... the answer is they enjoy sharing and enjoy seeing someone else become a successful trader.

Smart_trade

thank u very much mr smart trade

:clap::clapping::thumb:

 

[Subhadip]

hello to all trader of traderji

some message to all who r trading...(mainly new trader)

1. learn the art
2. learn how to chart read
3. learn how to go about it trading
4. before trading know how much u can loose
5. after u have taken a trade give stoploss order
6. always be alert of slippage
7. only stoploss not always guarentee ur trade will be safe in trouble
8. be positive in mind
9. have a profitable system
10. backtest the syatem
11. know how much drawdown is possible
12. know the money management
13. know the loss and how much u can loose in the trade u took
14. be disciplined
15. take all trade of ur method
    
    
    do this religiously
    
    and always learn from a good trader ..who ever it may be ..
    
    :clap::clapping::thumb:
    
    
    
    
    
    
    
    
    
    
    
    
    
    

 

[Subhadip]

TO ALL NEW TRADERS...

why we r taking risk of 2%..how we r calculating..
a demo..

It is to take risk of 2% of the capital u have in ur kitty
Suppose u have one lakh in ur account
Now in each trade u will take risk of two percent of it...means u take risk of two thousand rs in per trade

Now suppose ur trading bank nifty

U see a trade
Stop u calculated is 20 point away
Now what will u do
Bank nifty is of 25 bank nifty
Now if u take one lot and it goes to hit ur stop...u lost 500rs

Now max u can loose two thousand

So u can take trade of four lots of bank nifty

This is two percent

any question..please ask...

:clap::thumb::clapping:

 

[Subhadip]

grt going so far
just one question how did u calculate ur stoploss of 20 points .is it a constant for you or that depends on chart
thanks

depends on chart...everytime...

it changes ...even ..after taking trade also...

best of luck in trading

:clap::clapping::thumb: