Playing since 2005 lost 13+3 lakhs

[stock72]

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[stock72]

Not to scale .. however this will be the pattern . if I use exact actual numbers. ( the loss in market and subsequent recovery pattern )

I am baffled to see this pattern. and unable to read this ..seems it saying something ? Please give your views/comments at your leisure time ...

only change I made is instead of trading belief as a system... trading with belief in the system .....

thanks for today terrific fall My dream day ( 100% of recovering the losses ) is just couple of weeks more if not days ....

 

[poortrader]

Not to scale .. however this will be the pattern . if I use exact actual numbers. ( the loss in market and subsequent recovery pattern )

I am baffled to see this pattern. and unable to read this ..seems it saying something ? Please give your views/comments at your leisure time ...

only change I made is instead of trading belief as a system... trading with belief in the system .....

Good to see the recovery. However as a student of finance you should also count the opportunity cost, i.e the minimum bank return / or inflation on this capital. Calculate 10% compounded as bank return on yr lost capital. then only count the capital recovered

 

[stock72]

u r correct and I am working on that.. apart from the one u said there should be huge amount to consider for the stress and pain underwent on all these days and manhours spent on the market so far.. ..

But Iam trying to figure out some thing from the pattern of recovery .. what it exactly saying ? the trend recovery will continue ? or it is all by luck owe to some factor like current volatility in market etc .. anyway market will let me to know ...

Good to see the recovery. However as a student of finance you should also count the opportunity cost, i.e the minimum bank return / or inflation on this capital. Calculate 10% compounded as bank return on yr lost capital. then only count the capital recovered

 

[stock72]

guys sorry -- bit confused .. will resume updating on this later in different way

4. 04/09/2013...Bearish to continue...

Today ( 03/09/2013 ) EOD will add remain 1/2 position.
All will be squared off some time before noon tomorrow

review comments:
100% wrong

Originally Posted by stock72 View Post
3. Sorry went for meeting hence delayed

03/09/2013 .. market bearish .. will take 1/2 of position on bearish side at EOD (02/09/2013- today )
review comments
100% correct ( as of now )



2. 2/09/2013
Might be slight bearish. Today EOD will take 1/4 of postion on bearish side.

1/4 = means quater of total position i would able to take.
review comments: ..
100% wrong ...
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1. 30/08/2013
Might be very strong bulls day .. if gap up and market steady for next 20 minutes i will go long with large position.. if market open flat then no second thought-- simply go long .. but will wind up at EOD

review comments
Some what prediction went fine till mid of day . Say 50%correct

 

[onlinegtrash]

Not to scale .. however this will be the pattern . if I use exact actual numbers. ( the loss in market and subsequent recovery pattern )

I am baffled to see this pattern. and unable to read this ..seems it saying something ? Please give your views/comments at your leisure time ...

only change I made is instead of trading belief as a system... trading with belief in the system .....

wow, you are now text book example for how discipline and money management can help traders!

I think this is what happened to you:

By following proper money management:
you eliminated big uncontrolled losses.
losses have big asymmetry i.e 50% loss means you need 100% to break even.

Occasional 100% exposure of capital in FNO with 3 wrong trades losing 50% of stake each time will leave the trader to 12.5% now the trader has to put in the work to get 700% to break even which is NEVER going to happen with his lousy money management!

Next you moved to higher time frame:
Lower the time frame higher the noise and lowers the expectancy unless you are a sharp shooting robot!

you de-levered:
Leverage is sexy but its supposed to be used when you are 100% sure about a trade,
staying levered all the time is disastrous. I think you moved to futures instead of options.

Discipline:
This is the one am struggling with
With a trading system and discipline you keep doing the above three things
i.e money management, avoid noises, de-levered.

=========
So its not just market volatility, if you had no proper system this volatility should have screwed you front and back!
Its just not a simple luck and victory but a victory in one of the toughest battle fields!

so @stock you have earned your victory in a spectacular way, celebrate it!

 

[Cubt]

Not to scale .. however this will be the pattern . if I use exact actual numbers. ( the loss in market and subsequent recovery pattern )

I am baffled to see this pattern. and unable to read this ..seems it saying something ? Please give your views/comments at your leisure time ...

only change I made is instead of trading belief as a system... trading with belief in the system .....

That's awesome!! I can feel how much stress you would have undergone when your capital was wiped off! It needs a great mental strength to fight back!!

Great work, Thalaiva!!

 

[Mr.G]

Good to see the recovery. However as a student of finance you should also count the opportunity cost, i.e the minimum bank return / or inflation on this capital. Calculate 10% compounded as bank return on yr lost capital. then only count the capital recovered

As a finance student I suggest that you should deduct time cost aswell. The money you would have earned else where inf you weren't on your screen. Then you will get the true amount of money you are making.

 

[TradeJoker]

As a finance student I suggest that you should deduct time cost aswell. The money you would have earned else where inf you weren't on your screen. Then you will get the true amount of money you are making.

Its not just abt money.He recovered his lost money from market.so he is suarly a winner. All other Q's are baseless imho. Its like asking.... 'sachin, why did'nt u score 100s in all ur match? u wasted ur time and money'

 

[Mr.G]

Its not just abt money.He recovered his lost money from market.so he is suarly a winner. All other Q's are baseless imho. Its like asking.... 'sachin, why did'nt u score 100s in all ur match? u wasted ur time and money'

Calm down, These questions are not baseless, That's why they were devised and are used in professional finance in the first place. Opportunity cost and time cost are variables used in valuation models. Using them for personal benefit is not such a bad thing. Surely if he recovered his money from the market and he is a winner. But it would benefit him to see how much it cost him to become a winner in the first place. What was the true cost of making profit in the market. THAT is the whole point of these answers. Otherwise if no one cared than there would be no finance academia.