lost 6 lacs? please tell me the way to recover

#42
Checkout this thread for a excellent Day trading strategy.
But before you start trading with real money use sound money management techniques, adequate risk capital and trade with a cool mind.

http://www.traderji.com/day-trading-stocks/25307-best-way-day-trading-2652-theory-trading.html
thanks amar
can we use this theory with the demat/trading account with angel brokers, coz i have opened an account with them
and 1more thing they asked me 5k for margin.
if possible pls explain me about margin and why they asked me before only,
any senior pls comment
thanks
mubeen
 
#43
Hi guys.. I just saw the video I found on this following website..
HTML:
http://br3m3n.robotstock.hop.clickbank.net/
It shows an increase in the guy's share for about $6000.00 overnight because he reckons his automated trading robot works.. is there such thing guys? please discuss your opinions..
 

rohangawale

Well-Known Member
#44
first and very much important thing u have to learn sumit is money management.
learn eveything abt it, set ur stops , do paper trade and then start with the little cap. you will win.

i am also sailing in same boad. but now strictly following discipline in trading and have a confidence that hum honge kamiyab ek din.
 

NOMINDTR

Well-Known Member
#45
hi, i have lost 6 lacs in last 3-4 month. i had 8.5 lacs and left with 2.5 lacs. that was a loan amount which i invested. am worried about my carrier. i ahve to play 50,000 of installement every month. is it still possible to earn 50 thousand every month from 2.5 lacs. i have learnt few thing from my mistakes

Regards
Sumit
Good thing you have started worrying :)
 
#46
This is for anyone who has had a tough time in the market.

Do not play with borrowed money unless you are absolutely sure of your bet. Like the sun will rise tomorrow. Betting on Reliance Petroleum laying a golden egg or finding 'tel ka kua' in Chandni Chowk are far fetched and bound to bring heartache.

Even the story about George Soros making millions with his Sterling bet is a myth. Read this http://www.brookesnews.com/george-soros.html

Sumit, if you ever come around to read this - remember your mistakes and never repeat them. Your priority for now should be paying back your debt. Do it smartly instead of blowing up the rest of the money trading.
 
#48
Hi Sumit,
Hope you have recovered your losses (at least partially) by this time.
I am also newbie into trading. If you could share your trading, I mean how you got losses ,It will be VERY BIG learning for ppl like me.
 
#49
hi sumit,
i have one plan to earn 50 lacks in 5 year. i have done folloing calculations
no of trading in 5yr Avg(20/month)- 1200
Daily 5.30 hrs i.e 22 trades per day, 1 trade of 15 min.
We have to earn 189/- for 15 min and 12.6 / min .which will give u 4160 per day. then calculate for day, month , 5 yrs.

Trade only nifty .when it comes to 2500 buy 2 lots.if u assume downside of
1000 pts from here u are going to loose 1lac.Plan is to carry nifty for next 5 yrs and above.we have lost by buying at 6300 nifty.we are not more 2 loos @2500. Each moth buy OTM calls of 500 pts above spot @ expiry @ rs 5 to 9 in qty 1000 i.e 20 lots .
We have to follow same each month.max u will loos 60000/yr. but if any month give such brakout lin march n Apr. call will go to 100- 150-200.
u will get 1-2 lac.

adjust brokerage to 2 paisa .

go long at 2500 . if you get 1000 pts profit will be 2 lac.
If u want short AFTER gaining 1000 pts you have gain of 1000pts cousion.

by trading nifty with 2 pts brokerage you cac earn 189/per 15 min.

pls read plan carefully , i am planing to earn 189/15min, 12.6/- min.

use same stop loss. We r exiting position in 15 min after gaining 189/-
i trade goes above it use traling stop loss for 15 min and multipla of 189/15 min.

sachin divakar [email protected].

any problem pls mail or add me to messengr
 
#50
god i feel so bad fr sumit. well its been 3 months since ur loss. have u been able to recover anything at all. hope u do. all the best. im a new trader and was all set on trading my way to fortune but after reading this thread am really scared. my capital is not very big and id hate t lose that much. am looking out for good trading platforms.
 

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