Lost 40 lakhs till now in trading

I have stopped trading and I gave up too, for some time now. seems like not my cup of tea. planning to learn and come back again may be after an year

I don’t know how to start again this is terrible and worst than giving up. Thus, I tried to seek help and insights here.

May be i can improve when I restart someday

thats good and best of luck hope you recover all your losses.
Trading is profitable -
a. if we trade at proper time
b. avoid big loss

if we has losses in 1-2 days it is always better to take 1-2 days break.
one need to be very calm in trading and panic when we see loss.

good to have one good rule if loss is 1% in day close all trades,if loss is 2% in week stop trading for week. max loss in any trade should not cross some %

i was going very well…loss 40… thne in next 8 month i earn 20 but went in loss again due to greed not followng rule and only one big huge losses…my 99% trades are profitable and only 2% trades are in negatvive still i am in loss

1 Like

Real profitable systems have more like 60%/55% even 35% win rate instead of 99% which generally doesn’t happen.
Markets are efficient this way. If you have 99% win rate, then that 1% will likely bite very hard. I don’t want such systems.

My two main systems have around 50% and 35% win rate. Win rate is only part of the expectancy, we also have avg win / avg loss.

When you are learning, perhaps. But otherwise as a trader, my task in execution is to take every single trade and not to make mistakes. System rules can be such that we take fewer trades when markets are not moving if needed.
Taking a break if one is not psychologically fit is fine, but it runs the risk of missing out large outliers. So need to overcome any need to stop.


Problem is that all these rules are made with discretion based on recent feedback or from painful periods. They are not tested. They have to be tested across large periods to figure out what actually works. Atleast in my case, i was always stuck in this rule making loop until i could test things out without bias,

That’s what I am saying winning % does not matter I am not trading right.
Ideally 10-30% of profitable trades should cover all losses and provide loss
I am taking trades which one needs to avoid. So keeping losses minimum is most important part of trading and irrespective of what happened war, tshunami, Covid any positive news ur loss should not cross one limit

I don’t think SEBI registration has anything to do with demonstrated profitability (capability). Imo a lot of the registered folks are clueless, who got into the business because they couldn’t be profitable themselves.

But yes, I agree one shouldn’t hand over money to someone that hasn’t demonstrated profitability, and there maybe a few registered folks who have made good money themselves, but very few… Trading ecosystem in India isnt as fortified as it is in the US.

2 Likes

SEBI registered investment advisors (RIAs) have historically not been required to demonstrate profitability as part of their registration or ongoing obligations. This could be changing.

You are the oversmart punk.

2 Likes

Nevertheless there is no check to demonstrate/verify profitability in derivatives trading.

2 Likes

Well, you are clearly a retard who goes about posting rubbish, and doesnt change ways despite majority of members pointing out your ignorance and stupidity.

You started it :grinning:

1 Like

Sorry, I had to call out your rubbish.

No. You merely typed words.

3 Likes

@Meher_Smaran
@anon30004381 is constantly inciting members here, and is not a good influeunce…

You are clearly misinformed. And its not even about your information/misinformation - you have been constantly inciting otherwise too, and not just me… which then derails the topic…

:grinning:

@Meher_Smaran Feel free to clean up the thread :slightly_smiling_face:

1 Like

Sigh… :man_facepalming:t4: Here goes…

@Manohar_Mazumdar despite what you may think,
you have been simply sharing your opinion, not pointing out facts.

In this topic-thread,
pointing out facts would have involved
sharing the link to SEBI (Investment Advisers) Regulations 2013 [Last amended on December 08, 2016] and quoting the text that you felt is relevant to back your opinion.

Searching for “profitability” in the above SEBI regulations,
we find a single instance in section 1.(i) as seen below -

Note that the above details are not even required to apply as an investment advisor.
They are being requested ONLY in a renewal application.

Based on this, If you are assuming that profitability is a criteria to being a SEBI certified Investment Advisor, then that is your interpretation, not a fact. SEBI regulations contain no such stipulation. If you were relying on some other reference to arrive at the conclusion that you did, feel free to share the links/references to that. If not, then stating your opinion as something based on your personal experience is fine too.


A point about sharing one’s sources on this forum :

Sharing, reviewing, and discussing first-hand sources
helps identify aspects that one may have missed.

Access to the sources, enables interested folks to dig deeper and uncover additional relevant details.
Without sources, the discussion often devolves into a “he-said-she-said” or a “trust-me-bro” thread. :frowning_face:

By having access to first-hand information and reviewing it,
everyone involved in this discussion
(and anyone coming across this topic-thread in future)
has a better understanding of the nuances involved.

2 Likes

@SpacemanSpiff do you mind sharing your backtested stats (expected) versus actual results (forward test or fully deployed). Would help me with understanding how long term profitability stats look like. I want to look at win rate, RR, average dd periods, longest dd, average number of trades per month, manual or algo. If you trade multiple strategies please share the stats of strategies where you expect month on month profitability. I trade my own and some dd periods push me to break rules sometimes, would be a great help for me, thanks

2 Likes

@cvs
There is NO requirement to prove profitability while registering, and while the renewal application forms for SEBI-registered investment advisers may request details on revenue and profitability for reporting purposes, there is no regulatory mandate to prove profitable advisory performance as a condition for license renewal. SEBI’s emphasis remains firmly on general compliance and regulatory obligations.

Plus a big part of the reporting involves Long Term stocks (even swing trading) and Mutual Funds, which is largely a game of patience.

@VijayNair @Satyam_Sagar extending the above request to you as well, and anyone who has atleast an year of profitability

1 Like

it is fine if they don’t want to share, stop inciting people. Good for you, good for the forum.

4 Likes

I guess I was late to get my popcorn. :popcorn::face_with_open_eyes_and_hand_over_mouth:

3 Likes