Need to make 25 Lakhs in 1 year.
- Thread starter The Piedpiper.
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Hi Smart Trade,
I agree its easier said than done. But,as you mentioned that it is difficult but should we say impossible at all?My risk will be 20k(as i planned for a reserve of 10k if i failed ,so i can startover). If i fail, then i will say so and will exit.
To be honest, I do not have a capital of more than 1 Lakh that i can risk. And, I had been trying to make money consistently, but my loss had been more than profits over the years. However, I do think that i found the edge,but it is and will be difficult to implement. And, I am not an expert yet.
I am just trying to experiment with 10K, with another 10K reserve.
I have learned a lot in Traderji and I am grateful for that. If my experiment succeeds,I hope that it would be a better repayment to TJ in terms of inspiration.
And, last,by not least, I am by no means trying to give FALSE hopes. This is just an experiment,but, I am starting with optimism.
If you think otherwise, pls do let me know. I would not be creating any thread for the same.
Thank you.
I agree its easier said than done. But,as you mentioned that it is difficult but should we say impossible at all?My risk will be 20k(as i planned for a reserve of 10k if i failed ,so i can startover). If i fail, then i will say so and will exit.
To be honest, I do not have a capital of more than 1 Lakh that i can risk. And, I had been trying to make money consistently, but my loss had been more than profits over the years. However, I do think that i found the edge,but it is and will be difficult to implement. And, I am not an expert yet.
I am just trying to experiment with 10K, with another 10K reserve.
I have learned a lot in Traderji and I am grateful for that. If my experiment succeeds,I hope that it would be a better repayment to TJ in terms of inspiration.
And, last,by not least, I am by no means trying to give FALSE hopes. This is just an experiment,but, I am starting with optimism.
If you think otherwise, pls do let me know. I would not be creating any thread for the same.
Thank you.
Interesting. I think with discipline and good money management it is highly achievable. I will start my new thread from monday from 10k to 25L in 6 months.
Only commodities. Wish me luck.
Only commodities. Wish me luck.
In options, I have seen 16 times in 3 trades using compounding......but he got a very favourable market and has bulls of steel.
Trading 10k is one thing and trading the same 10k after compounding to 1L is a different ball game.
Start small, compound into a big amount, take out the profit, and start all over again.
250 times......... in 6 months. Tough but not impossible.
In options, I have seen 16 times in 3 trades using compounding......but he got a very favourable market and has bulls of steel.
Trading 10k is one thing and trading the same 10k after compounding to 1L is a different ball game.
Start small, compound into a big amount, take out the profit, and start all over again.
In options, I have seen 16 times in 3 trades using compounding......but he got a very favourable market and has bulls of steel.
Trading 10k is one thing and trading the same 10k after compounding to 1L is a different ball game.
Start small, compound into a big amount, take out the profit, and start all over again.
The returns you have projected look astronomical to me, but all the best, To encourage you, I would like to quote that,
Larry williams turned 10000$ to 110000$ in a year period for a championship.http://en.wikipedia.org/wiki/Larry_R._Williams.
Larry williams turned 10000$ to 110000$ in a year period for a championship.http://en.wikipedia.org/wiki/Larry_R._Williams.
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