Playing since 2005 lost 13+3 lakhs

Status
Not open for further replies.

stock72

Well-Known Member
Re: Playing since 2005 lost 13+3 lacks

01-12-2010 Gambling LOSS 3K . so number now -1545+3=-1548k
regards
Note: 1) Booked 50% qty for loss of 3k today. another 50% will be booked tommorow with further loss or profit depends on Nifty move.
2) dancing here ( around -1550k for a long time ) getting bored!!!!!!!!
02-12-2010 Gambling LOSS 200Rs . so number now -1548+0=-1548k
regards
Note: 6 lots of PE opened on 01/12 yet to close. may be by tommorow.
 

ranger123

Well-Known Member
Re: Playing since 2005 lost 13+3 lacks

I really do not know how is this thread help Stock72 or fellow traders. He daily postings his profit or loss only and minus or plus his total loss till now. He is not posting how and what he is doing. If he has learn something good or new things till start of the thread.

How fellow are commenting and guiding / learnig him or theirselfs with his number I do not know.

Like this, this thread will continue like a long Sas bahu TV serial without any story / learning but still every fellow like to see it daily and comment on it.

Thank you.
 

nac

Well-Known Member
Re: Playing since 2005 lost 13+3 lacks

I really do not know how is this thread help Stock72 or fellow traders. He daily postings his profit or loss only and minus or plus his total loss till now. He is not posting how and what he is doing. If he has learn something good or new things till start of the thread.

How fellow are commenting and guiding / learnig him or theirselfs with his number I do not know.

Like this, this thread will continue like a long Sas bahu TV serial without any story / learning but still every fellow like to see it daily and comment on it.

Thank you.
Maybe he's keeping this thread as his trading journal. You may wonder what he's learning by just posting his profit/loss @ EOD. But after a while, he may learn something from his trading journal and mould himself as a trader...
 

stock72

Well-Known Member
Re: Playing since 2005 lost 13+3 lacks

I really do not know how is this thread help Stock72 or fellow traders. He daily postings his profit or loss only and minus or plus his total loss till now. He is not posting how and what he is doing. If he has learn something good or new things till start of the thread.

How fellow are commenting and guiding / learnig him or theirselfs with his number I do not know.

Like this, this thread will continue like a long Sas bahu TV serial without any story / learning but still every fellow like to see it daily and comment on it.

Thank you.
Rangers,
Do accept your genuine concern. Sorry for some long reply, But let me tell something.
1) I do not follow any technical system and that’s why I used to term my trading as gambling.
2) When it is true that 95% trader fails ultimately, I do opt gambling in Options. Blindly buying and selling options. (As always gambling has 50% chance to win)
3) So the only system which I am following is tight money control.
For example if I gain a profit of 1k means it shall be understood that the money exposed to get that is not more than 10 to 15k which is nothing but of 2.5% of total money in cash to trade. In fact it is only 1.25% of total money I can access from bank through this trading account.
4) This thread is to keep track of the gambling performance which I started on 9th Oct. In case if I failed to recover all losses and the loss start increasing beyond 1600k, I do need to stop this gambling and to find other way ( technical trading ) to recover the losses or to forget all the losses and go for investing ultimately.
5) If you feel some sort of inconvenience by this thread by any means please be frank to advise so that I will stop this thread or you can advice for some tweaking if possible. If no inconvenience means you can be kind enough to ignore this thread and have a glance in a month if interested. (Your reply required in this regard)
6) Please refer post #80, Page # 8 of this thread for further clarity.
7) One interesting point is for oct 20860rs and for Nov 41420rs (received yesterday as option incentives from broker) are not accounted here and I just wondering why I shall not continue to increase this incentive by increasing the volume.
8) one more interesting point is I am doing all these gambling in our great ICICI who use to loot with more brokerage but then I don’t have other alternative since I need to submit some document to sharekhan to allow me to access F&O section, further this Odin /angel web is also extreme slow here . I hope I can correct these when I am in India next time.

Best regards
 
Last edited:

stock72

Well-Known Member
Re: Playing since 2005 lost 13+3 lacks

One interesting point is for oct 20860rs and for Nov 41420rs (received yesterday as option incentives from broker

hi stock72
.
what exactly is an options incentive? never heard of this before. can u plz elaborate

regards
Usually icici deduct the brokerage for options 95 rs per lot per leg. And some small amount( 15 rs per lot ) if we are closing the same leg in the same day ( intra day )
. At end of every month they are returning back some amount of the brokerages as option incentives. Let me check the exact calculation how they arriving this and update here.

Contrary we shall be more beneficial if we are using angel broking I think as I already has a brokerage plan of 40rs per lot per leg by paying 10000 rs as an advance payment towards brokerage. But as per me (with the give ISP provider etc ) Angel broking is much slower than ICICI!!!!!.
 
Status
Not open for further replies.

Similar threads