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
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
If you had ₹40 lakhs, you could have considered reaching out to a SEBI-registered investment advisor for professional guidance ,they don’t charge much. I’m not questioning your intentions, but in today’s world, it’s hard to verify anyone’s credibility online. There are too many self-proclaimed profitable traders, and without verified P&L statements or ITR records, it’s difficult to trust any advice blindly. This is one of the main reasons many retail investors lose money—they rely on unverified sources or try to navigate complex markets alone. In such a space, where institutions and professionals dominate, it’s often wiser to seek guidance from a qualified expert rather than assuming you can outperform without the right experience or support.
Speaking for myself, I’ve had hands-on experience working with brokerage firms, which taught me a valuable lesson—if you’re trying to trade or invest on your own, start small, perhaps with just the returns from a one-year fixed deposit. I did that, and even though I faced some losses, I’m not stressing over it. I’ve taken it as a learning experience and am now fully focused on landing a solid role in the capital markets with some big institutions, It’s definitely less stressful than going it entirely alone with few lakhs of capital. And if you have meaningful capital to invest, it’s always wise to hire a SEBI-registered investment advisor for professional, regulated guidance.
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.
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.
SEBI actually checks it during the due diligence process — along with qualifications, net worth, and background verification. It’s not just a free pass. do u understand what does due diligence means ?
Better to be an ‘oversmart punk’ with facts than a loudmouth with nothing to back it up. Replying to your comments is an absolute waste of time — you seem to have plenty of free time dropping ‘I know a guy who does it right’ instead of showing proof. Read a few psychology books before trying to convince people about your so-called profitability.
And to those in the community genuinely seeking real answers — please read SEBI’s guidelines before making any investment or trading decisions.
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.