Priyanvada's chit chat home ...
- Thread starter priyanvada
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Dear Samosa 
,
How to tell you ... last one month if one is making losses consistantly then there is sudden profit and a huge and also not a blind profit! ...
... When your work pays you ... this is greatest feeling!... Had I got this feeling with blind investment like in the first month when I had got 800Rs. profit just out of luck watching 15 minutes delayed candlestic charts... that was also good time too feel euphoric about it but since I was 100% HONEST with myself I was not that ecstatic ...
... This happyness I am feeling today is not the one who feels when one wins a lottery! ... this is is combination of a good amount of study + little luck ... So this is normal and pretty empowering feeling I have got today ....This is just so wonderful .... Ohh Goddddd.....this is amazing...
... This is first signal to my brain that PRIYANVADA IS NOT A COMPLETE IDIOT in this field ... I DO WEAR & BEAR some WISENESS now ... and if this is gonna be proven from now on with consistancy then that would be awesome achievement for me......really A DREAM COME TRUE!
... I HAVE a SURE SOURCE which can give me a consistant profit of 1-2% or more in first 1 & 1/2 hour itself ... but this month I have taken decision that I am going ignore that and digg my OWN way with my OWN understanding ....
So since this decision has paid me RICH in the first day itself ... what I can I sayyyyyyyyyy......
Jai hoooooooooooo...........yyyyyyyyyyyyooooooooooooo
regards,
priyanvada
,How to tell you ... last one month if one is making losses consistantly then there is sudden profit and a huge and also not a blind profit! ...
... When your work pays you ... this is greatest feeling!... Had I got this feeling with blind investment like in the first month when I had got 800Rs. profit just out of luck watching 15 minutes delayed candlestic charts... that was also good time too feel euphoric about it but since I was 100% HONEST with myself I was not that ecstatic ...
... This happyness I am feeling today is not the one who feels when one wins a lottery! ... this is is combination of a good amount of study + little luck ... So this is normal and pretty empowering feeling I have got today ....This is just so wonderful .... Ohh Goddddd.....this is amazing...
... This is first signal to my brain that PRIYANVADA IS NOT A COMPLETE IDIOT in this field ... I DO WEAR & BEAR some WISENESS now ... and if this is gonna be proven from now on with consistancy then that would be awesome achievement for me......really A DREAM COME TRUE!
... I HAVE a SURE SOURCE which can give me a consistant profit of 1-2% or more in first 1 & 1/2 hour itself ... but this month I have taken decision that I am going ignore that and digg my OWN way with my OWN understanding ....
So since this decision has paid me RICH in the first day itself ... what I can I sayyyyyyyyyy......
Jai hoooooooooooo...........yyyyyyyyyyyyooooooooooooo
regards,
priyanvada
TFL........................
where are you??????
I am MISSING YOU here.....................
Ohh God ... make him strong ASAP ... make me ill instead ... this would more WISE decision ... he has got a lot of work to do here .... He is Not like me....
TFL commmon .... gettt well.......Get strong ...... Stand up man,,,,,,,
priyu
where are you??????
I am MISSING YOU here.....................
Ohh God ... make him strong ASAP ... make me ill instead ... this would more WISE decision ... he has got a lot of work to do here .... He is Not like me....
TFL commmon .... gettt well.......Get strong ...... Stand up man,,,,,,,
priyu
Congratulations for good profits.
Everyday will Not be the same. There will be loses as well.
Remember, the way you are feeling today. i guess you will feel more
pain on the days when you make small lose then you excited on good profits day.
just my experience, may be you are different.
good luck
SO
Everyday will Not be the same. There will be loses as well.
Remember, the way you are feeling today. i guess you will feel more
pain on the days when you make small lose then you excited on good profits day.
just my experience, may be you are different.
good luck
SO
Well my way is to celebrate the profits ... and when there happens a loss I take that lightly too ...Actuallly I love to celebrate that too .. but if I do that here it would look illogical/absurd to forum members here ... So I just try to keep quite @ my losses...
I don't like the RULE that you MUST enjoy your profit and you MUST cry over your lossess ... this is half rule ... I enjoy my profits and enjoy my losses too ... I just enjoy them ... learn from them ... and kept enjoying them ...So I have got friendly with them day by day and keep learning n growing and more able to make them my tamed animals
... So I live this way ... So don't worry @ what will happen if next seven days priyanvada make lossess only ... I am a human ... So I WILL be pretty sad and angry about that ... but this anger is a anger of a sportsman, which will reflect in the next game!
Trading is a GAME for me ...I am trying to become a "professional sportsman" in this... I love to playing it ... i loved initial lossess ... Now I love profits.... So everything just going in fantastic way ...
So just chill and keep visiting this thread ... You will enjoy my fuming over lossess I made ... I won't get heartbroke if I simply lose everything...Its just a part of the game ...
regards,
priyanvada
PS: - TFL where are you?????
.. but if I do that here it would look illogical/absurd to forum members here ... So I just try to keep quite @ my losses...I don't like the RULE that you MUST enjoy your profit and you MUST cry over your lossess ... this is half rule ... I enjoy my profits and enjoy my losses too
... I just enjoy them ... learn from them ... and kept enjoying them ...So I have got friendly with them day by day and keep learning n growing and more able to make them my tamed animals ... So I live this way ... So don't worry @ what will happen if next seven days priyanvada make lossess only ... I am a human ... So I WILL be pretty sad and angry about that ... but this anger is a anger of a sportsman, which will reflect in the next game!
Trading is a GAME for me ...I am trying to become a "professional sportsman" in this... I love to playing it ... i loved initial lossess ... Now I love profits.... So everything just going in fantastic way ...
So just chill and keep visiting this thread ... You will enjoy my fuming over lossess I made
... I won't get heartbroke if I simply lose everything...Its just a part of the game ...regards,
priyanvada
PS: - TFL
where are you?????
I would like to continue my flow here.....when I reread my posts I always get clarity of what is happening inside my mind ... and it helps me a lot and it may help someone else facing the same situations too!... because all are humans here ... So i will keep jottin my mind right here...
1. First the MUST: - I hope Mr. TFL gets well ASAP can come here Roaring like a LION!
2. I have realised a lot @ my self in this journey of 1 month of day trading ...
2a. Lack of systematicness: - I love systematicness so much but my habits are COMPLETELY against that ... and the rationalisation behind this --- i mean behind keeping my laaazyyyy easy going habits is,,, they claim to keep intact my FREEDOM...Really this is the TRUTH ... Day by day I am realising that my personality and my thinking patterns ARE getting reflected in my trades ... and since there is NO SCIENTIFIC BACKBONE for this behaviours/trading decisions I MAKE,,, I am quite annoyed and got angry with that... say for example ...
2a1. So say ... I see a good buy signal on the charts...I wanna buy a share ... So now whats next??? ... I have cooked already an excel table, which tells me that As per money management theory how much shares I am ALLOWED to buy for one trade with that share with given price ... it comes out to be say 30 ... And I just get angry with that figure and I buy a 100 to fancy my chances more ... but right now i am having 2021Rs. as my trading capital and if tomorrow i am given 1 lakh as trading capital I would still buy 100 Qty of the same shares while my money management principle might have been shouting at 300 Qty ... So I really dislike this behaviour of mine doing HABITUAL things and playing with FAMILIAR and BRAIN FRIENDLY figures ... There is no justification to why I always buy 100Qty. ... reason might be 100 is such a holy figure ...so much lovely figure occured on times and times all over my life ... my % marks ... sachins 100 ... 100 rupee note and the taste of possessing that note ... So such HISTORICAL INPUT which is DRIVING some important part of trading ...which has got NO SCIENTIFIC JUSTIFICATION ... NO REAL AND CLEAR ANSWER ... just the reason is my MENTAL CONDITIONING IN THE PAST... So I have ralised that IT IS NOT ME OR MY PLAN TAKING a TRADING DECISION...it is instead my MENTAL CONDITIONING.... and i am feeling day by day that this is really BAD that (if I allow this to happen as) it is THIS IS GOING TO DECIDE MY DESTINY in my trading life ...
... So why i don't want that to happen????
...because, had i been a PURE HOLY SOUL I would have got all INTUTIONS as a GODLY GIFT and I would have made all decisions absolutely perfect
... BUT I AM NOT A PURE SOUL ... I AM NOT A GOD ... i am good human being but NOT A GOD... i am such a WEAK soul ... As a Gods child i do get intuitions...BUT I also get emotions too AND I have NO POWER to differenciate between intuition and emotions ...
... So if I get 100 emotions then there are hardly 1 or 2 intuitions in them ,,, So if I depend on the emotions (generated through my mental conditioning till date from my birth) which try to (or actually) DRIVE me to take a trading decisions, then I am making a big mistake ... becuase intuition is the GODS WAY and not the EMOTIONS and this way of trading with emtional hunches has got no scientific basis ...
and i do believe "science" is also Gods Rules which we have found out fortunately ...
Ssssso What is to be concluded from above discussion is that ... i have basically FOUR broad ways of stock trading ...
1. I am a GOD and I play with intuitions with 100% success rate!!
2. I am a WEAK human who uses GOD's rules for this world called SCIENCE ... This way I will be always score less than method 1 because i don't know all the set of rules that run this world and this stock market!!.. But by opting for this, I will be very very SURE to survive and grow here ... This will be very much like a robotic stuff with NO PLACE for any EMOTIONS...
3. I let the feeling arise to trade and then only i buy or sell the shares with the quantity I felt good for buying and also I won't use stoploss becuase this is also scientific thing ... so what I will do is I will wait my whole life till the stock FINALLY hits my target, and this will prove that what i felt that time was not wrong!!!
4.MIXTURE OF ALL 1,2, and 3 in RIGHT proportion! ... 95% I will go with method 2 and 4 % i WILL go with 3 becuase I am a weak person... and 1% may there GOD enter in my trading life to give me a surprise.....this seems to be THE WAY for me ... cause it will be always with ups and downs and will not be a boring journey!
Aha ... i am feeling better now ...
Good going priyu...!
regards,
priyanvada
1. First the MUST: - I hope Mr. TFL gets well ASAP can come here Roaring like a LION!
2. I have realised a lot @ my self in this journey of 1 month of day trading ...
2a. Lack of systematicness: - I love systematicness so much but my habits are COMPLETELY against that ... and the rationalisation behind this --- i mean behind keeping my laaazyyyy easy going habits is,,, they claim to keep intact my FREEDOM
...Really this is the TRUTH ... Day by day I am realising that my personality and my thinking patterns ARE getting reflected in my trades ... and since there is NO SCIENTIFIC BACKBONE for this behaviours/trading decisions I MAKE,,, I am quite annoyed and got angry with that... say for example ...2a1. So say ... I see a good buy signal on the charts...I wanna buy a share ... So now whats next??? ... I have cooked already an excel table, which tells me that As per money management theory how much shares I am ALLOWED to buy for one trade with that share with given price ... it comes out to be say 30 ... And I just get angry with that figure and I buy a 100 to fancy my chances more ... but right now i am having 2021Rs. as my trading capital and if tomorrow i am given 1 lakh as trading capital I would still buy 100 Qty of the same shares while my money management principle might have been shouting at 300 Qty ... So I really dislike this behaviour of mine doing HABITUAL things and playing with FAMILIAR and BRAIN FRIENDLY figures ... There is no justification to why I always buy 100Qty. ... reason might be 100 is such a holy figure ...so much lovely figure occured on times and times all over my life ... my % marks ... sachins 100 ... 100 rupee note and the taste of possessing that note
... So such HISTORICAL INPUT which is DRIVING some important part of trading ...which has got NO SCIENTIFIC JUSTIFICATION ... NO REAL AND CLEAR ANSWER ... just the reason is my MENTAL CONDITIONING IN THE PAST... So I have ralised that IT IS NOT ME OR MY PLAN TAKING a TRADING DECISION...it is instead my MENTAL CONDITIONING.... and i am feeling day by day that this is really BAD that (if I allow this to happen as) it is THIS IS GOING TO DECIDE MY DESTINY in my trading life ... ... So why i don't want that to happen????
...because, had i been a PURE HOLY SOUL I would have got all INTUTIONS as a GODLY GIFT and I would have made all decisions absolutely perfect
... BUT I AM NOT A PURE SOUL ... I AM NOT A GOD ... i am good human being but NOT A GOD... i am such a WEAK soul ... As a Gods child i do get intuitions...BUT I also get emotions too AND I have NO POWER to differenciate between intuition and emotions ...
... So if I get 100 emotions then there are hardly 1 or 2 intuitions in them ,,, So if I depend on the emotions (generated through my mental conditioning till date from my birth) which try to (or actually) DRIVE me to take a trading decisions, then I am making a big mistake ... becuase intuition is the GODS WAY and not the EMOTIONS and this way of trading with emtional hunches has got no scientific basis ...
and i do believe "science" is also Gods Rules which we have found out fortunately ...
Ssssso What is to be concluded from above discussion is that ... i have basically FOUR broad ways of stock trading ...
1. I am a GOD and I play with intuitions with 100% success rate!!
2. I am a WEAK human who uses GOD's rules for this world called SCIENCE ... This way I will be always score less than method 1 because i don't know all the set of rules that run this world and this stock market!!.. But by opting for this, I will be very very SURE to survive and grow here ... This will be very much like a robotic stuff with NO PLACE for any EMOTIONS...
3. I let the feeling arise to trade and then only i buy or sell the shares with the quantity I felt good for buying and also I won't use stoploss becuase this is also scientific thing ... so what I will do is I will wait my whole life till the stock FINALLY hits my target, and this will prove that what i felt that time was not wrong!!!
4.MIXTURE OF ALL 1,2, and 3 in RIGHT proportion! ... 95% I will go with method 2 and 4 % i WILL go with 3 becuase I am a weak person... and 1% may there GOD enter in my trading life to give me a surprise
.....this seems to be THE WAY for me ... cause it will be always with ups and downs and will not be a boring journey!Aha ... i am feeling better now ...
Good going priyu...!
regards,
priyanvada
Last edited:
Todays points...
1.The only problem I face to apply Money managemet is it blocks off a lot of my capital from market ... So I don't like this ... and if i diversify I can't focus on many stocks ... I am a scalper of a one or two stocks only .....
2. I/my mind always wants so show HOW SMART I AM THAN OTHERS by shouting this the bottom ... this is the bottom when I see price falling ... and if really that happens in 1 out of 10 guesses ... it REALLY celebrates this SMARTNESS ... But my understanding is saying that although theoretically it gives me MAX profit when i buy at bottom and sell at top ... but practically you never know where is the bottom ... So it is practical wiseness that don't decide anything as bottom unless you get the CONFIRMATION .. you WILL lose something but THIS SEEMS TO BE THE ONLY SAFE and WISE WAY
3. Day before yesterday I had made ENORMOUS 448 Rs. profit ... and yesterday I just decided or say took a sankalpa that I am gonna watch watch and watch and to nothing ... This was SO HARD ... but today i am feeling so proud that I am above my emotions, I AM above my greed ... this is really WORTH to practice if anyone wants
regards,
priyanvada
1.The only problem I face to apply Money managemet is it blocks off a lot of my capital from market ... So I don't like this ... and if i diversify I can't focus on many stocks ... I am a scalper of a one or two stocks only .....
2. I/my mind always wants so show HOW SMART I AM THAN OTHERS by shouting this the bottom ... this is the bottom when I see price falling ... and if really that happens in 1 out of 10 guesses ... it REALLY celebrates this SMARTNESS
... But my understanding is saying that although theoretically it gives me MAX profit when i buy at bottom and sell at top ... but practically you never know where is the bottom ... So it is practical wiseness that don't decide anything as bottom unless you get the CONFIRMATION .. you WILL lose something but THIS SEEMS TO BE THE ONLY SAFE and WISE WAY 3. Day before yesterday I had made ENORMOUS 448 Rs. profit ... and yesterday I just decided or say took a sankalpa that I am gonna watch watch and watch and to nothing ... This was SO HARD ... but today i am feeling so proud that I am above my emotions, I AM above my greed ... this is really WORTH to practice if anyone wants
regards,
priyanvada
Another observation about sharekhan ...
1. My capital in sharekhan is 3000 and it is allowing me to day trade with 12000 amount but I observe today that it is allowing me to trade above that 12000 fogure too ... so this is strange ... for giving me this unfair advantage what extra charges they apply over me is a BIG question to me!
1. My capital in sharekhan is 3000 and it is allowing me to day trade with 12000 amount but I observe today that it is allowing me to trade above that 12000 fogure too ... so this is strange ... for giving me this unfair advantage what extra charges they apply over me is a BIG question to me!
priyu,
Interupting midway...not a come back...
Sharekhan: Its not like that priyu, for some stocks you will get more margin and for other less, i.e., for some shares you only need 25% of the value for trading for some its 35% for some its only 20% and like that... Then for stocks having 20% margin requirement, you will get 3000*5 = 15000 and for 25% it will be 3000*4 = 12000. Its usual and is available with all brokers for no additional charges, you missed to notice.
Check sharekhan's margin % requirement page somewhere from the TradeTiger terminal.
You are going great these days!
TFL,
Interupting midway...not a come back...
Sharekhan: Its not like that priyu, for some stocks you will get more margin and for other less, i.e., for some shares you only need 25% of the value for trading for some its 35% for some its only 20% and like that... Then for stocks having 20% margin requirement, you will get 3000*5 = 15000 and for 25% it will be 3000*4 = 12000. Its usual and is available with all brokers for no additional charges, you missed to notice.
Check sharekhan's margin % requirement page somewhere from the TradeTiger terminal.
You are going great these days!
TFL,
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