@Riyas_Ahamed It was never intended as an argument. If you are doing good, mad respect, as always for every traders out there. But I ld be less intrigued by your work sheet.
As a “profitable” trader, you ld know, there are no fix strategies. Your strategies ld be best suited for yourself and as per your personality. Your strategy imposed on me, ld probably fail, as I am a different person than you. That’s the reason, sharing profits are merely a hogwash.
And maybe you had other intentions. It ld be hard to believe as you publicly shared your number but you ld rather decline sharing your profits. Hmm, fake wannabe gurus are rampant. I am not calling you one. But won’t leave the doubt either, for our community of traders.
@Riyas_Ahamed Thanks for your empathy & for everyone. Everyone should understand that, we all are on same boat of stock market. Weather we make profits or losses, that’s part of any business. This is not certain to stock markets, This goes all around the world from small stores to large Walmart, Any business will go through this stage of P&L.
Being in social forum, we should understand and take all the necessary advice’s, I strongly believe. It might work or not, That’s secondary.
@ronin_sha, You just made me smile! . You got my point very clearly. A special thanks for your comments.
I’m okay with doing Intraday. If someone is not able to do it? it doesn’t mean others can’t do it. There is always a possibility to do anything we want. Here i see just few digits roll up & down. As I said earlier, “Smart will survive” “Dumb will die”
In the end, The reason i created this post to know the losses of other traders. Not to see profits. Indeed ready to accept the advice.
@anon99108009 What has worked for me is only hedged options trading. It’s really difficult to control the urge to go unhedged in order to make higher potential profits, but that results into uncontrolled losses more often than not. So the lesson I have learnt is “Make small profits but consistently”.
I don’t know @anon99108009 what to say !!! but 1st I have to agree with your point when U learning with time; that’s what the life is all about. So that’s cool.
But on other side don’t think you 1st need to understand market well coz if your account net is loss only then their is some issue. let’s have a talk might be I am wrong but yes you need to fix your knowledge a bit more about market
Thanks @vikas426. I’m already way beyond my losses. This post is end of my failures. I’m sustaining right now, Earlier it was tough. Some people quit, I didn’t & I won’t. So eventually i over come this. Still some times i see small panicked trades. Which I will overcome.
@anon99108009 for me trading is knowledge gathering …i am a job going mentality person…but trading live boosts my self confidence as seeing huge money changing hands within seconds awakens my spirits…
Time i invested good amount in listening to lot of materials…but live trade not yet in derivative
Last year was my first trading year…ended with net loss Rs 3700.
@anon99108009 By positional options trading.
Before that for 5 years I made profits in 10 months of year and lost them in 2 months. That is when I realized it’s important to hedge. I still find it difficult to control the urge to go unhedged.
