Playing since 2005 lost 13+3 lakhs

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Logically, all starting in the financial markets, they lose money. In Russia we have two public statements: "He who knows not losing money, he can not win" and one "who does not lose, do not drink champagne." When I started in 1990 in two years I lost 30,000 euros. This equates to 1,900,000 rupees. If you lose this amount, I'm sure your brain will receive the highest dose of vitamin that exists and find a solution before going out the window.Now I no lost any operation. In the West it is said that the trader lost for five reasons: 1) No known markets, 2) do not control the psychology 3) Do not know the trading systems, 4) Do not know how to manage your investment and 5) Do not know the broker.
All traders must have balanced these five areas. But the last is that there are opportunities to learn, because the broker is the first enemy of the trader. He knows their positions, their stops where you want to sell, the money you have in your account. Also where he lives and works ... They know everything about you. In warrants and options markets, which gives you compensation for purchases or sales is the broker and the spread as you move. This means that even if the price reaches the target price in a sell position, its operation is not closed and the expiration date you will be forced to close the deal win or lose. This limitation and others. make these products are identified in the West to "investors fools." Therefore, I advise you to forget them and make their investments in financial markets "free." This is just to call it a slightly sweet. I send you a link where you can get good advice on investing in different deadlines, but do not let me direct. I can only say that the company that does this has an advertising banner on this forum and is not in India. It has a logo with red and blue color. :)
 
so where we are heading ? i guess should be a very dramatic week...
Hi,

I read your threads from the beginning, till u added an extra capital of 4 L. What your net P/L now?

ARE u still using ICICI direct ?? The turnaround cost per lot will around 3 rs per lot.(considering you are in Rs65 per Lot) category.

You seem to buy alot of option lots where premium values are less than Rs 100 and many a times less than 50. So you are paying 3% to 6% only in brokerage. That's big amount.

Regards
Nirbhay . D
 

stock72

Well-Known Member
Hi,

I read your threads from the beginning, till u added an extra capital of 4 L. What your net P/L now?

ARE u still using ICICI direct ?? The turnaround cost per lot will around 3 rs per lot.(considering you are in Rs65 per Lot) category.

You seem to buy alot of option lots where premium values are less than Rs 100 and many a times less than 50. So you are paying 3% to 6% only in brokerage. That's big amount.

Regards
Nirbhay . D
Slowly moving in to angel from icici direct .. waiting for my zerodha account...
the added capital of 4 L is now 7 lakhs....
 
Re: Playing since 2005 lost 13+3 lacks

I can help you. However I prefer trading currencies, so whatever method I provide would be on that. Those methods can be applied on any market, but currencies by far are the most liquid and non-manipulated markets, as compared to stock markets. Enough said, if interested, contact at my email which is r...84 @ gmail.com
Please assist me how to trade currencies.
 
Dear Sir,

Please assist me how to trade currencies.

I am a retired and trying to trade on line with a suitable broking agent. Suggest me a best broker as an agent thro' whose platform I can enter into the market by opening dmat a/c.

regards,
 
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