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