Playing since 2005 lost 13+3 lakhs
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Re: Playing since 2005 lost 13+3 lacks
hi Savant sir
Its been long i had communicated with you ,i just recently got back into trading and its techiniques after joining my first job.What i recently figurred out about my trading nowadays is as against what u quoted i have succesfully built up the two aspects of patience and following up of price action but the only one thing i think i am lacking is a correct watch list
I think i need your advise and help on that .
hoping things are as always at the best levels in your life
i remember still, one thread last year i was having a discussion on nifty and u had quoted """ have patience vishal markets are gona reach new highs next year "" and they did .:clap:
hi Savant sir
Its been long i had communicated with you ,i just recently got back into trading and its techiniques after joining my first job.What i recently figurred out about my trading nowadays is as against what u quoted i have succesfully built up the two aspects of patience and following up of price action but the only one thing i think i am lacking is a correct watch list
I think i need your advise and help on that .
hoping things are as always at the best levels in your life
i remember still, one thread last year i was having a discussion on nifty and u had quoted """ have patience vishal markets are gona reach new highs next year "" and they did .:clap:
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Re: Playing since 2005 lost 13+3 lacks
Stop loss on the nifty options is very tricky thing.....because most of the time premium will come to buying price again so you feel cheated..if SL hit...happens to me many times...but what if they go down the drain.?.:annoyed:..so its a tricky thing...use SL or not in options...I suffered many times because SL hit and then premium rise to the top....
Stop loss on the nifty options is very tricky thing.....because most of the time premium will come to buying price again so you feel cheated..if SL hit...happens to me many times...but what if they go down the drain.?.:annoyed:..so its a tricky thing...use SL or not in options...I suffered many times because SL hit and then premium rise to the top....
Re: Playing since 2005 lost 13+3 lacks
11-11-2010 Gambling loss 1k ( got 1.5 k and paid a brokerage of 2.5k ) .
so the number now -1558-1=-1559k.
Note: Closed remaining 10 lots @ 60 and other 10 lot @ my purchase price of 73. ( these 20 lots are remaining from 47 lots of 6200 PE @73 opened on 4/11)
Hence the total loss here is 24k (13*37lots*50)
So finally the number now -1559-24=- 1583k
Tired myself. I need to work hard to get back my 1583k. I hope I will not do the mistake I did on 4/11 which accounts this 24k loss. in fact this Thursday also seems similar . a violent move . But I obeyed my gambling plan and escaped with -1k loss.
Take care.
Regards
11-11-2010 Gambling loss 1k ( got 1.5 k and paid a brokerage of 2.5k ) .
so the number now -1558-1=-1559k.
Note: Closed remaining 10 lots @ 60 and other 10 lot @ my purchase price of 73. ( these 20 lots are remaining from 47 lots of 6200 PE @73 opened on 4/11)
Hence the total loss here is 24k (13*37lots*50)
So finally the number now -1559-24=- 1583k
Tired myself. I need to work hard to get back my 1583k. I hope I will not do the mistake I did on 4/11 which accounts this 24k loss. in fact this Thursday also seems similar . a violent move . But I obeyed my gambling plan and escaped with -1k loss.
Take care.
Regards
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