Playing since 2005 lost 13+3 lakhs

[stock72]

Re: Playing since 2005 lost 13+3 lacks

........................................................
On what condition after brokage and Risk adjusted return........u can get money out of it?
......Is present market is telling u .........that condition shall be fulfilled.
IF why.......before hand u know.......
What is the probability of that condition happening.
IF the answer is not .............then my dear U R GAMBLING.......as a gambler ,we are destined to lose to get the thrill.(most of us done it decade back and sometimes do now)

i has to agree. it seems i am gambling ..
can you suggest some thing to clear up the above mesh

 

[mohapatraranjit]

Re: Playing since 2005 lost 13+3 lacks

You may be unlucky..
continue with your style of trading.
If luck favours you ,you will recover the whole money.

 

[aamitmishraa]

Re: Playing since 2005 lost 13+3 lacks

Dear Stock72,
I think your first two question gives most of your answers..
some more info about me is
1) currentlty i can loss 20k per month ( may be for another 5 months )
2) My bread and butter are not depend on market .(I am working )

1) says currently i can loss 20k per month (may be for another 5 months), this probably indicates that you are doing trades with the mindset of loosing..
I apologize for hard comment.

2) My bread & butter are not dependent on market.. but the money that involved in the market is not a small amount..and obviously with an intention of making huge profit, unfortunately it has gone in other direction..
so extra care is required..
rest my collegues will give you depth inside

regards,
amit mishra

 

[oilman5]

Re: Playing since 2005 lost 13+3 lacks

i has to agree. it seems i am gambling ..
can you suggest some thing to clear up the above mesh

.....................
May shift u mechanical trading approach.
Personally better use software base Trading,........preferably Omnitrader.
........
contact www.omnitrader.com..........purchase visualtrader.
........
that shall work for u.
SEE demo first........they have indian agent.......albatrossoftware......from calcutta.

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

Dear Stock72,
I think your first two question gives most of your answers..
some more info about me is
1) currentlty i can loss 20k per month ( may be for another 5 months )
2) My bread and butter are not depend on market .(I am working )

1) says currently i can loss 20k per month (may be for another 5 months), this probably indicates that you are doing trades with the mindset of loosing..
I apologize for hard comment.

2) My bread & butter are not dependent on market.. but the money that involved in the market is not a small amount..and obviously with an intention of making huge profit, unfortunately it has gone in other direction..
so extra care is required..
rest my collegues will give you depth inside

regards,
amit mishra

Iam not trading in loosing mind set. just saying my risk taking capacity at this moment. (20k / month)
In fact I am not trading at all. it seems what i did so far is gambling.
yes , the money involved is huge particularly for me. but it will not affect my life at present. any way let us try . I have confident to recover these losses.
what I am going to do is
1) fix to single strategy - what may come .
2) go with clear SL.

 

[stock72]

Re: Playing since 2005 lost 13+3 lacks

You may be unlucky..
continue with your style of trading.
If luck favours you ,you will recover the whole money.

Not exactly I think. The whole problem is changing the strategy .that too precisely on opposite direction to the market.I Just dont know what making me to think and act against the market always so long that too every time ....some how I has to find and switch it on other side
Example I was buying the options for past 6 months and it almost expires worthless and switched to selling the option on September where market moved dramatically upside.
I cant able to understand. Thats y iam thinking to be on only one strategy.

 

[oilman5]

Re: Playing since 2005 lost 13+3 lacks

just go to www.onlinetradingmastermind.com
also www.traderplanet.com
............
thats my limit

 

[oilman5]

Re: Playing since 2005 lost 13+3 lacks

Not exactly I think. The whole problem is changing the strategy .that too precisely on opposite direction to the market.I Just dont know what making me to think and act against the market always so long that too every time ....some how I has to find and switch it on other side
Example I was buying the options for past 6 months and it almost expires worthless and switched to selling the option on September where market moved dramatically upside.
I cant able to understand. Thats y iam thinking to be on only one strategy.

.............................................
ur problem is very simple..........just understand whether market is in trend or non-trend.
btw..........u use past data...........understand market is forward looking,........so when u considered........its in zone,.......ACTUALLY it has completed nontrend zone.........and starts to show TRENDING.
.........
USE std volatility study.........to next behavior of market.
SO far, if u dont how it shall behave.......trading is a losing proposition........
we all lose in losing/wrong directional call but make more money when right.

 

[reddy142]

Re: Playing since 2005 lost 13+3 lacks

You options strategy seems to be good. Buying options may be good, than selling them as by buying your loss is limited to ur investment. By selling losses can be more but profit is limited. If you want to discuss further may be I can offer some technical touch (not tips). you can add me on your yahoo messenger ava_ind at yahoo dot co dot in. As a fellow trader we can only discuss strategies but don't expect any tips... you can alone take best decissions based on your trading style. By following others' tips you will not know what to do if something back-fires

 

[reddy142]

Re: Playing since 2005 lost 13+3 lacks

Not exactly I think. The whole problem is changing the strategy .that too precisely on opposite direction to the market.I Just dont know what making me to think and act against the market always so long that too every time ....some how I has to find and switch it on other side
Example I was buying the options for past 6 months and it almost expires worthless and switched to selling the option on September where market moved dramatically upside.
I cant able to understand. Thats y iam thinking to be on only one strategy.

Hei...one more thing that may work is buy both PE & CE at the same time! Once you turn to net profit close one and wait on the other! This will work only for options buying not for selling!