Playing since 2005 lost 13+3 lakhs

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tnsn2345

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Re: Playing since 2005 lost 13+3 lacks

You want market to bounce back on Monday and I know it will. You will float.

Your are stuck with your long position, I am happy that I have got an opportunity to creat one.

Regards,
Dear S'72,

Well, my "know will happen" did not happen, but your "want to happen" did neither. So if you holding your positions, you are out of the game.

While with my current overnight positions (primarily different strike Puts writing - due to higher volatiltiy) which were built in last one hour of the day today and much larger than your position, I am in the game as they constitute a very small proportion on my portfolio. So there it goes.

Welcome to "Goodbye trading..." (I am not sounding that I am happy about this, but this is the fact).

Regards,

p.s. : Reminds me of a very popular computer game (when I was much younger), which we all have played...'Dave'...remember.. I took more me than a year to complete (and master) all 10 levels, and that was probably about 15 years ago, but still it forms one of the basis of my risk management and market estimation tools in trading... Does anyone remember this game (or similar computer games), if yes, then what is the lesson learnt...???...more on this story later...
 
Re: Playing since 2005 lost 13+3 lacks

As you bought at last moment i think u will get good exit with profit with in first three days of next week .
I sugest play with small lots say max 2 lots until u feel comfortable....
Dear friend

I exited 2 lots with 2K loss.

My first trade in option turned out to be negative.
 

stock72

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

Guys
. Let me celebrate this black week no 14 with no weekly report.
And Friends please note NOT going to report from Monday due to current crisis.

The next report will be on next Saturday and this thread will be continued if my total loss stands below 1600k Else this thread will be suspended from next Saturday and will continue to post in tnsn2345 thread Good bye trading " and let me work towards that goal with your wishes.

Regards
NOTE : WILL BACK TO TRADERJI ON STATURDAY ONLY .
Owe to today's devasting sales I confirmed to say "Good bye to trading". will post here on from Tnsn2345 thread . Let me collect material and importance of saying good bye to trading.

Regards to all.
Stock72.

Note: As all position are still open and expecting to expires worthlessly let me update and inform to all the final loss figure by 27th Jan.
 

superman

Well-Known Member
^^How much unrealized loss so far ?
Its good idea to keep the positions open rather than taking the tiny available amount since its insignificant to the amount of capital lost already
 

tnsn2345

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

Owe to today's devasting sales I confirmed to say "Good bye to trading". will post here on from Tnsn2345 thread . Let me collect material and importance of saying good bye to trading.

Regards to all.
Stock72.

Note: As all position are still open and expecting to expires worthlessly let me update and inform to all the final loss figure by 27th Jan.
Dear S'72,

It takes guts to take this call. This is the REAL STOP LOSS - the ultimate stop loss in trading.

Do post your thoughts on your efforts/ how to do it - quit trading in my thread 'Goodbye Trading...Welcome to a New Life', it will surely help lot of struggling traders.

Hope you do better and overcome this experience with something more interesting in your life.

Best wishes.

Regards,
 
Re: Playing since 2005 lost 13+3 lacks

Owe to today's devasting sales I confirmed to say "Good bye to trading". will post here on from Tnsn2345 thread . Let me collect material and importance of saying good bye to trading.

Regards to all.
Stock72.

Note: As all position are still open and expecting to expires worthlessly let me update and inform to all the final loss figure by 27th Jan.
Dear stock 72

having followed all yr posts, I feel it is a bit too early to say good bye. May be you shold keep on trading wth small amounts with a good trading strategy and dont worry about profits or losses.
 

stock72

Well-Known Member
GAMBLING PART II
Succumbed to addiction -Gambling restarted with a fresh capitial of 400k .
17/1/2011= 400+1k=401k.
regards
@Tnsn2345,
This does not mean that I am deviating from my promise of saying "Good bye to trading".Surely My ultimate aim is to leave trading/gambling. .... How ??????
 
GAMBLING PART II
Succumbed to addiction -Gambling restarted with a fresh capitial of 400k .
17/1/2011= 400+1k=401k.
regards
@Tnsn2345,
This does not mean that I am deviating from my promise of saying "Good bye to trading".Surely My ultimate aim is to leave trading/gambling. .... How ??????
Dear friend

Hope you will succeed this time. Since I am not an able trader No advice.

Thanks
 
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