thanks for the kind words sir , means a lot
if what i say makes sense , maybe i am on right path
i am not very intellectual and a slow learner :lol: , i first bought stocks when i was 19 , without any experience , did not make money ,due to losses stopped it , it was 1999 , then again when markets started the big bull run i didnt keep a watch , but as you know people talk and talk and bring your attention to it , i started again in 2006 , but due to no knowledge and due to satta couldnt make money again , and started futures trading as well , long story short made some money but lost double of it again in 2008 jan crash , it was a huge setback but i decided that i like markets and i will pursue it as a career , in oct 2008 started learning TA , i am just shy of 5 years of live trading in October 2013 next month.
so i was not very good in math ,not very intellectual ,just had passion for trading ,had only 1 hope to learn by ,that is by hardwork and passion, started learning at age of 28 and now i am 33 , i did not want to try many and many a systems , perhaps i am lazy thats why , and i think it worked for me positively because i neither seek more information and nor i filled up mind with everything crap available on internet , not to say that most systems do not work , but its just that if you are filled with tons and tons of info in your head , it becomes very heavy and confusing that you just loose it , everything. i was in Ashwani Gujral chat room just before started TA , and he bought this BLOOMBERG terminal for 90000 per month price ,thinking more info would help him give us good calls , but he stopped its services in just 2nd month itself i think , you see too much info becomes noise in your head , it lands you no where .
now i self traded during learning live in the markets and made no money in 3.5+ years , but i didnt stop , i thought if i am not talented (like tendulkar) then i will have to do hard work (like kumble, he himself said that he did it with hard work because he was not exactly a talented bowler).................but suddenly in last 6 months , something has changed (i think) i feel i know markets better ,and my 5 years experience probably has started paying off finally mysteriously, my approach has changed , i feel more confident if not at top of the markets but still much better than before , in last 6 months i did not loose money , yes i took some stupid trades , including jpassociates on thursday itself , but thats okay it will always happen , but one must correct mistakes asap, i also took great trades like ITC ,and FSL , which paid/paying well .did good in nifty as well starting july end , it was kind of exceptional trading ,if i compare it to my last 5 years ,not most amazing but amazing enough for me . not to forget that its only hardly 1 year since i stopped intraday trading and turned to swing trading .intraday trading experience helped me as i used to trade almost daily , and since markets are fractal in nature , you can see same patterns in every time frame so it helps you in making tons and tons of mistakes so that you learn with your mistakes and its the number of mistakes that count as your experience , the more you make ,more you learn , mistakes are integral part of trading . one must not be shy of his/her mistakes .
so well yeah , its all 5 years full time trading experience , that i am sharing with forum members in my all posts , its nothing heard of other people , its all mine , all of it
cheers
