i will say well you are absolutely correct. i know addiction inspite of loosing big…should have stop long time back
Yes, the most important point i have mentioned. 2nd point is to make money. People can’t handle the dark side of trading. In reality, there is where the main game is. Just think if there is no trading setup in the market what will you do in the market? A traders mindset takes years of losing capital until that point you have to survive. Most people can’t create that mindset even after 10 years! if you are unable to survive then its better leave the market for your own good.
Seems like the cancel culture mob of trading qna got you. I have never laughed this hard !!
Is there anyway to know who is playing flagging?
I care less about my post being flagged, but just feel like talking to the one who is doing this.
And ask, what’s the exact problem, ma fren?
Show me where you got hurt. Maybe i can band aid you.
This thread was dead for a while. Must be recent commenters that scrolled through the thread. I don’t know why people take things too seriously from this forum! Looks like someone was in same shoes as OP.
Either way I take gym might fix them over anything.
Like the people who seriously look at the charts. And made it seem as if they dictate which direction the candles should go.
Hey whosoever you are, don’t pour out your anger in the market. Don’t take it personal.
Market has nothing to do if you this morning or not. Market doesn’t know you, your tgts or your SL.
But best put your SL and loss limits for the day as per your account. Then you won’t end up burning your capital like a stack of dry leaves.
Dude, whoever flagged your post is not a trader by dna, cause dna of trader becomes very resistant to these kind of words cause immunity of trader becomes non-reactive and progressively the trader becomes beast (like a man).
I firmly believe that mostly xx are behind above flagged post.
Careful, your words contain xx.
You may get flagged.
Rest in peace to those, whose emotions have offended. Cause trading is no peace game!
now the flag option itself may feel offended
Brother…just avoid averaging completely for month and see results…you may avg if trade is already in positive n see different.
Somehow I realise that n many ppl said here we need to let go our ego n need to cut out losses…it’s ok to to have trade in loss.but loss need to be low.
I have not applied rule n cost me badly.
Dude, i wanna ask one thing to you, have you tested your trading system manually before using it, during your trading days?
Cause i see, if your trading system or strategy whatever you call, is atleast have some immunity against market invasions, then atleast, that much loss will not occur. Its look like first of all, your trading system is not that appropriate, is reason behind this malignancy.
Hi Himanshu… If i tell you frankly major issue was with following rules rather than trading system.
like a. my losses are very huge and instead of cutting them quickly i used to average trade in hope that it will become positive. b. very very bad RR ratio like 99 trade are positive but 1 bad trade is taking all positive. c. i am not sure how much past data analysis will give current data but if i remove 1% trade with max losses my profit will be 25 lakhs i mean if i had make sure that no trade will cost me say 30k (which is stil big loss) i would have been in no loss or good profit.
things went wrong for me.
a. averaging very very heavily on loosing trade.
b. using all capital and even adding for averagng or taking trade.
c. no stoploss
d. no limit on max daily losses
e. emotional panic revenge trading.
f. if u check image then everyonewill say thati must be in very good profit as i have many green days but issue is with red days whenever it is red it is deep red.
g. there were 3 month in wich i made sure that loss in any day wont cost me more than 20k and in all 3 month my profit was around 1-2 lakhs
so main issue with me was discipline and no cutting losses.
Ok, so refering to image, you have even won about 17 days and loss only 3 days in one of those months. That is considered great if risk:reward ratio is 1:3 average per trade.
Can you tell me what was your average risk:reward ratio per trade. What’s your goal of risk:reward like achieving 1:3 or 1:5 or more?
Your accuracy to trades looks good overall. But as you telling that its because not putting a proper stoploss, averaging trade and revenge trading that you got loss.
That seems to be your weakest trading point.
Also, tell me what’s your type of trading like you do swing or positional or intraday or futures options etc or mixed etc.?
In which instrument you trade most like in banknifty or nifty or other index or stocks?
And what’s your timeframe of trading?
You got flagged again.
Seriously someone is playing around. Plz don’t keep flagging post. Post are there so people can read.
Your one stupid action can hinder people from contributing. Whoever is flagging, you need to swallow your ego and stop your mindless action.
(here is the 1st flag post of @ronin_sha.
I found it useful, so i am posting here.)
Don’t think too much.
Forget about making money. If you know how to make money, you already would have.
Leave ego behind.
Trade something that works for you and you recognise it like the back of your hand. Get so personal and intimate with your strategy.
Trade what you know in and out with the money that won’t effect the process. Your objective here is to make it a muscle memory not make money.
The more you try to make money before you are complete, the more your brain will fuck you.
It’s not averaging or anything which wreaks havoc. It’s about lacking a method and the more need to make money.
Even if you have the nicest and strictest risk management rule, if you don’t have a method that works, you ll bleed slowly, oh yeah, slowly but you ll bleed out for sure.
So, what’s the method?
The thing that works for you / the thing that leaves some money after losses, measured in maybe a week, a month, a quarter.
So, fucking give me the method then already?
Giving the best satisfaction needs experience and the keen temperament for observation and learning without losing enthusiasm.
You need to give more fucks away if you want to be the master who can give the mind blowing O. Just don’t get AIDS/ don’t blow your account.
Survive.
Don’t paper trade. But survive.
Don’t keep backtesting. Forward test. Be there when the market opens daily. Remember you are not here to make money now. Survive.
Finally you ll quit midway or you ll acquire a skill through a basic human quality call grit.
Most times the best way to make money is to delay in making money till you are ready.
So when do I know i am ready?
When you know you can give a good fuck anytime, anywhere. Because you mastered your skill good enough that you just know when and how.
(Hope people can go easily with all the f words, since people here have seen losses or things more crazy enough than a mere fuck word. And if you still find yourself offended by a small word, are you a real trader)
Oh fuck, here goes my stop.
(here is the 2nd flag post)
Your post was flagged as inappropriate : the community feels it is offensive, abusive,
seems I hurt someone’s sentiment so bad.
I don’t understand why people act so sensitive. Maybe some words.
It’s trading for Christ’s sake. You ll curse , lose , win and experience heap load of emotions along the way. If you think you ll stand so calm throughout, then you are not trading or learning anything.
Don’t get gaga, that I took god’s name in vain
Well, he can be a man of culture.
I assume you must be certainly a man, who is flagging these post.
Why do you feel so sensitive? I am certain you have watched Sunny Leone and Mia Khalifa. Did you feel offended at that time.
I really hate man who act so cultured, seemingly offended by an f word. @ronin_sha used that in that context when people are mindlessly blowing money like paper toys.
Most times, the fault lies with our own thinking.
Our society is filled with moral policing. People seem to mind more and offended by the skirt length. One reason why Iran is in flames.
I hate to see this in tqna.