Playing since 2005 lost 13+3 lakhs

[stock72]

5626 -- nf NOW may be last chance for bear to exit ?

puzzled now........................................

 

[tnsn2345]

S'72....bears to exit ???? or the bulls

Refer my pm (time, nf level and reco)

We locked horns and I have made a good start atleast for now.

Regards,

 

[stock72]

S'72....bears to exit ???? or the bulls

Refer my pm (time, nf level and reco)

We locked horns and I have made a good start atleast for now.

Regards,

boss,

bears to exit before it became too late since NF will stop only at 6200+ IMO

 

[tnsn2345]

boss,

bears to exit before it became too late since NF will stop only at 6200+ IMO

Who would not love a large swing on anyside upto 6200+ (or even southward to 5300). But for the time being have closed my day's and ID position and am out.

Regards,

 

[timepass]

S'72....bears to exit ???? or the bulls

You hit the nail on the head, brother. This question always makes me indecisive and delays decision making.. Is it a rally or pullback from downturn?? Is it a downturn or pullback from upturn ??

Anyway, I thought I detected some sort of bearish pattern on NF 1min today. Can you put a name to it? Is it an M (double top) or H&S ??

Holding 5500PE @35.55

 

[tnsn2345]

S'72....bears to exit ???? or the bulls

Refer my pm (time, nf level and reco)

We locked horns and I have made a good start atleast for now.

Regards,

You hit the nail on the head, brother. This question always makes me indecisive and delays decision making.. Is it a rally or pullback from downturn?? Is it a downturn or pullback from upturn ??

Anyway, I thought I detected some sort of bearish pattern on NF 1min today. Can you put a name to it? Is it an M (double top) or H&S ??

Holding 5500PE @35.55

Dear TP,

My statement was in context of me questioning S'72, to whom when I asked to get out of long directional CEs he is holding at 5640 - 5650 levels at 14:35-14:40 today and go short. He stated that he still had a strong view of being bullish at that point of time. And that is where I told him that now we are holding opposite positions as I had entered short.

Hence my statement was in the context of the above discussion with him.

To your query of the picture you posted, I will not be able to name it as I do not follow much of TA for decision making, mine is primarily a discretionary system based on the preceeding three candles of the CS chart.

For tomorrow, IMO, the NF is likely to open flat / down with downward bias. On the basis of the first two 30 mins candles tomorrow and last 30 min candle (today's) I will be able to have a view for mid day and so on till the close of the day on the basis of trailing 30 min candles how they pan out during the day.

Regards,

 

[Shireen1]

Hi Guyes who lost:
First of all I introduce myself.I am into manufacturing business basically. I am trading in Market since last 1 year. First 3 months I had loss more than 1 Lacs. Now at this point of time I am gaining continuasly good. Followings were the wrongs on my side when I lost:
1) Used to buy C grade stock because of Low Price.
2) In derivative I used to keep calls/Puts more than 5-6 days.
3) Not following Indicators/ daily news etc.
4) Not following the stop loss.
4) Playing on fully matka attitude.
5) Less knowledge about the Market products.
Above basic 5 mistakes were corrected gradually as below ways:
1) Always go for Nifty 50 companies.
2) Allocate your funds in diverse way like Index options, Private stock options, stocks of Nifty only.
3) Now that the Both Index & private options are following European method. i.e in short fix date of expiry, go for Nifty 50 Companies calls/puts.( Not index calls)
4) 1st 20 days have calls/Puts of same month expiry & next 10 days have calls/Puts of next month expiry.
5) If market is at the top never buy call at the highest rate.similarly if market is at its low never buy put at highest rate.Both is very risky.
6) Pick up any 10 of Nifty 50 of different sectors & observe daily their ups-downs & daily news of them.
7) My favorite top 10 are i)L&T (ii)SBI (iii)Hindalco (iv)Bharti telecom (v)ICICI bank (vi) Axis Bank (vii) Tata Motors (viii) Infosys (ix) ITC (x) DLF

Hope this will help u gain gradually. Good Luck.

 

[sartaj]

yes my dear shirin.i did also mistakes like u.my first mistake is greed.i study market and basics for 2 years and i decided to trading but my actual problem is i want to made per month 50 k with just 1L.because at that time i was earning 50k in my other business constantly.so i went to derivativs ,at that time my anlysis was correct for the perticulas scrip,but time was not with me.because because in 3 to 4 days continuously market goes down and my capital reduces to 40%.so again i went to options and than also continuously goes down and finally my capital reduced to 10% after i lose my capital my scrip breaches to price what i expected.i finally realise that in share market dont borrow.and ,we have to caluclate proffit according to our capital.and than got to know if i want to get 30 k per month i have to put 10L.and buy only in delivery basis with good portfolio.

 

[sartaj]

after that i made portfolio in paper trade.i select the sectors 1.pharma 2.fmcg 3.banking 4.I.T. from these sectors i picked mostly nifty shares and i alloted 5% of my capital for each share(capital is 10L) .i wait for a small crack like 7% to 10% and i bought .i keep these for some days when my portfolio gains 10% profitt i booked profit.like this i made in paper 1L per 3 months so my monthly profitt is 30k.which i want to make from the market.i did this for two cycles.and now i am going to enter in market with real money which is 10L..... dont bored with my long story my dear friends . this is all my 3 years experience......

 

[stock72]

after that i made portfolio in paper trade.i select the sectors 1.pharma 2.fmcg 3.banking 4.I.T. from these sectors i picked mostly nifty shares and i alloted 5% of my capital for each share(capital is 10L) .i wait for a small crack like 7% to 10% and i bought .i keep these for some days when my portfolio gains 10% profitt i booked profit.like this i made in paper 1L per 3 months so my monthly profitt is 30k.which i want to make from the market.i did this for two cycles.and now i am going to enter in market with real money which is 10L..... dont bored with my long story my dear friends . this is all my 3 years experience......

I THINK what u did so far is ok. now the biggest challenge is u need to keep ur physcology same when u r doing paper trading. best way is follow ur method religious.