Playing since 2005 lost 13+3 lakhs

[stock72]

this expiry you are way of the mark...........

yes.............and lost june profit....

 

[TraderRavi]

yes.............and lost june profit....

this month lost 12k....

 

[stock72]

I am still hoping (dreaming?!) in one beautiful evening will meet some of tj guys here after recovering all my losses ....should be a wonderful evening....

 

[gambler]

All our dreams can come true, if we have the courage to pursue them.
Walt Disney


http://www.youtube.com/watch?v=OCPSwjJa4mc

I am still hoping (dreaming?!) in one beautiful evening will meet some of tj guys here after recovering all my losses ....should be a wonderful evening....

 

[ranger123]

Hello,

I do not do trading today as today is the expiery day so I keep looking the market and not do trade today. I think it is good to take one day rest on today expiery day becasue today the market is not move on the charts alone it is manypulate by big trader and so many time the moment of nifty index happan in the other direction of my thinkging. So it is good not to lose money for earn profit.

Also Stock72 the expeiry is less than 5500 which I had said joking before. It was a jokes and I has not idea of the nifty index less than 5500 today before 2-3 days.

Thank you and best of luck.

 

[ranger123]

Ranger, you've made many good points in this post, as well as the others.
I got one question. If someone has not learned to trade or has proven to be a winner consistently, do you not think it would be better to demo trade rather than risk money on a live account? A demo has the same simulation without using real money.

hello 4xpipcounter,

I think that if we do the paper trade and if we make profit than our mind will tell us to do real trade becasue we not like to make paper profit. So we can get confuse in the mind. If we make a lose than we will be happy because we has not lose the real money. But in the paper tradeing we can get both things even after we has become expert. So I thinkging that instate of paper trade or becoming out of the market for long time, it is good to come down our trading quantity to very less quantity. This is also advise by the Tnsn sir to make the quantiy less to 1 lot or also 1 share and keep doing the tradings. I get his thinking in my mind good and clearly. So I will tell every body to do less quantiy and not the paper trading or go out of the market. But on the expiery day also I become out of the market and not do 1 lot trading.

Thank you.

 

[4xpipcounter]

I know many Indians that have a demo account with GCI. There is, as you pointed out a big difference between live trading and paper trading. Demo trading is more simulated. I know here in the US, we have access to many brokers that offer demo accounts. As a matter a fact, that is the way I learned to trade originally. I kept trading on a demo until I could gain consistent profits, then went live.
I don't think I could have ever perfected my methodology if it was only through paper trading. I was also able to save me the loss of a lot of money because of the demo account.

hello 4xpipcounter,

I think that if we do the paper trade and if we make profit than our mind will tell us to do real trade becasue we not like to make paper profit. So we can get confuse in the mind. If we make a lose than we will be happy because we has not lose the real money. But in the paper tradeing we can get both things even after we has become expert. So I thinkging that instate of paper trade or becoming out of the market for long time, it is good to come down our trading quantity to very less quantity. This is also advise by the Tnsn sir to make the quantiy less to 1 lot or also 1 share and keep doing the tradings. I get his thinking in my mind good and clearly. So I will tell every body to do less quantiy and not the paper trading or go out of the market. But on the expiery day also I become out of the market and not do 1 lot trading.

Thank you.

 

[venkatraog]

You are almost there!

 

[stock72]

Originally Posted by stock72
I am still hoping (dreaming?!) in one beautiful evening will meet some of tj guys here after recovering all my losses ....should be a wonderful evening....

All our dreams can come true, if we have the courage to pursue them.
Walt Disney


http://www.youtube.com/watch?v=OCPSwjJa4mc

Yes.. June profit gone in July.... Licking my wounds. Getting ready for final assault... may be in two months. Shall be the end game I guess... until bye for while.

 

[ranger123]

Yes.. June profit gone in July.... Licking my wounds. Getting ready for final assault... may be in two months. Shall be the end game I guess... until bye for while.

Hello Stock72,

It is good things that you is not now giving your positon in the live way here. This can help you to do a silient trading on your on. I think that by doing like this you can get in to good trading to make good profits. After you has book the profit than only tell here to all fellows what you has doing.

Thank you and best of luck.