Playing since 2005 lost 13+3 lakhs

[oilman5]

It is positional ..to me intraday (day trading ) is some thing that does not exist in reality ... It like darkness which in fact doesn't exist on its own .. Darkness is nothing but absence of light .. There is no such thing called day trading

................................................................................................
Stock72's this view i agree.It takes time to understand what he means
(i guess).........light NONEXISTENT = darkness.
Its the EOD bias ,or higher timeframe weekly price trend..........which dictates the intraday. Ofcourse some event based moneyflow actually possible .But key is weekly /daily trend........based on its behavior /arrival to support/resistance..............intraday price behavior shall happen(alone intraday trade NOT to be done as per his system)
Stock72's system is very robust...........his return tells.He plays leverage .......so his accuracy must be high.His todays call is valid(may be i also short in nifty....so is bias)
But his system faith & discipline to take trade is adorable.
Request him to put further light from HIS SYSTEM

 

[stock72]

A comment from YOU of this nature is really unexpected and encouraging ...making me confident to move forward...thx
Note :the example light NON Existent =darkness is from Einstein

................................................................................................
Stock72's this view i agree.It takes time to understand what he means
(i guess).........light NONEXISTENT = darkness.
Its the EOD bias ,or higher timeframe weekly price trend..........which dictates the intraday. Ofcourse some event based moneyflow actually possible .But key is weekly /daily trend........based on its behavior /arrival to support/resistance..............intraday price behavior shall happen(alone intraday trade NOT to be done as per his system)
Stock72's system is very robust...........his return tells.He plays leverage .......so his accuracy must be high.His todays call is valid(may be i also short in nifty....so is bias)
But his system faith & discipline to take trade is adorable.
Request him to put further light from HIS SYSTEM

 

[timepass]

TP........I totally disagree with you....may be you mis- guide newbies.........This is wrong myth............that's why 90% day traders are looser................I will post in this matter..........in my thread.........don't want to disturb.....this thread...:thumb:

As I said, just my thoughts. It's a matter of individual opinion.

 

[BenjaminGates]

Stock72,
Wonderful recovery!!
The sharpness of recovery speaks it all.. Just like the way stocks move when reversing long term downtrend.
Very inspiring.. Also disturbing for me as it makes me question when I will trade like that.
Keep it going. Good luck.

 

[stock72]

H r u ? hope u r doing well.... any updates/ knowledge transfer ?

This my post on 22nd august.. Luckily u replied today.. Thank you ...
Lot more I owe to many guys here in TJ including you ... let me completely recover and formulate what to do next ...

Stock72,
Wonderful recovery!!
The sharpness of recovery speaks it all.. Just like the way stocks move when reversing long term downtrend.
Very inspiring.. Also disturbing for me as it makes me question when I will trade like that.
Keep it going. Good luck.

 

[AFORASTRO]

how much did u managed to recover(%) plz give rough estimate its impo for me.......

 

[stock72]

how much did u managed to recover(%) plz give rough estimate its impo for me.......

check post #1363 page 137

 

[sunnyi]

Hi
I see some in this forumn have lost big time money will provide some tips which might help you all

 

[sunnyi]

Derivative strategies

BHEL
Buy SEP. 150. CALL 4.00
Sell SEP. 160. CALL 1.80
Lot size: 2000
BEP: 152.20
Max. Profit: 15600.00 (7.80*2000)
Max. Loss: 4400.00 ( 2.20*2000)

CENTURYTEX
Buy SEP. 250. CALL 8.00
Sell SEP. 260. CALL 4.60
Lot size: 1000
BEP: 253.40
Max. Profit: 6600.00 (6.60*1000)
Max. Loss: 3400.00 ( 3.40*1000)

WIPRO
Buy SEP. 440 PUT 7.50
Lot size: 500
BEP: 432.50
Max. Profit: Unlimited
Max. Loss: 3750.00 (7.50*500)

 

[stock72]

Re: Derivative strategies

Pls your tips not needed in this thread .. kindly delete it .. dont make the thread dirty ....

BHEL
Buy SEP. 150. CALL 4.00
Sell SEP. 160. CALL 1.80
Lot size: 2000
BEP: 152.20
Max. Profit: 15600.00 (7.80*2000)
Max. Loss: 4400.00 ( 2.20*2000)

CENTURYTEX
Buy SEP. 250. CALL 8.00
Sell SEP. 260. CALL 4.60
Lot size: 1000
BEP: 253.40
Max. Profit: 6600.00 (6.60*1000)
Max. Loss: 3400.00 ( 3.40*1000)

WIPRO
Buy SEP. 440 PUT 7.50
Lot size: 500
BEP: 432.50
Max. Profit: Unlimited
Max. Loss: 3750.00 (7.50*500)