i am not a fan of automation. first priority is to study all the detail manually. emotions are required, only then we will know what the trader at opposite position of ours is thinking.
we also need to learn to keep cool when all others are panicking.
once 80 to 90% of stuff is learnt, you can start automating redundant items like stop loss, trailing loss, entry & exit
Of course.
But for the OP, controlling emotions is important, so I told about automating things which can be automated.
Thanks friend for all input and i really appreciate all feedback.
Now I have very small amount in ready account have removed most of remaining amount so that averaging and taking high position won’t be possible.
Going to target very small and will trade accordingly with proper risk management.
Risk management/rr ratio is major concern for me as around 20 trades are responsible for all my losses.
I want to make habit of having sl, hedge, no averaging no more than 1_2 lots for few months till i make it complete habit and yes b4 making taking trade sometime i take random trade just based on few mins price action which i need to avoid and use atleast some indicator.
Yes this is biggest problem wherever loss is high on those day i got very panic n in hope of some recovery averaging cost me badly …not sure bracket order, gtt order compulsory sl…have to work on this aspect on priority
Yes many if my friend n traders have mentioned that they look for 4-5% per month.
Just read some twit 4 lakhs became 8 cr in 8 yrs with 4.5% pe month.
And guess with specific target we can manage risk properly n hedge well.
But I failed to follow risk mngt and inspite knowing few things related to loss,sl, hedging end up in bad loss due to emotional trading just based on hope.
Will avoid in future n i guess may b i need to be more focus on not loosing money then may be i will start getting profit
@GB26 yes going through each n every comment properly and working on all suggestions.
And i really appreciate all feedback and learning many thing from you guys 
First take a break, clear your head. Don’t think of trading for sometime, participate in other activities. Market is not going anywhere, it will be here when you come back.
Why do you keep Bobby Axelrod as your profile?
I really love that show and love that character.
Seeing Bobby Axelrod popping now and then seems not convincing, unsettling.
Because it is related to financial markets, you know that, so why not?
You may or may not have noticed about a lot of male members using different characters from western movies and shows, including cartoons, because they like them, may even relate to them, and sometimes the characters or even the performances are inspiring.
Or perhaps it could be because of the show’s title too 
I have not seen all the seasons, watched few episodes.
And I don’t remember I looked closely at his AV until now 
I am not sure if girls find a fictional character appealing or relatable, but we do, so we put them in DPs, not everyone but many. Because the western fictional universe is so vast that there exists one or the other character that appeals to someone. And if you are active in any other forums, you may have seen them in those forums too, it is natural.
If you don’t like it, that is fine. It is natural and understandable that a girl does not get a boy’s perspective, and a boy does not get a girl’s perspective, some do. No big deal.
Lets see what reason @AlgoEye gives.
I said some do, I think I get it, I understand.
Start a campaign that the DP should be changed 
Look , who saying this who also put in non-real pic. 
Well, Axe is one of the favorite character and of a Hedge fund show, which is i find relevant for this forum as Pseudo . Everything in the world is not science and has reason , thats why art exist.
What are you taking about? That’s not her eye?!?!?! 
Pink hair, full of make up eye and pixelated pic looks like semi anime pic to me ,can’t say for sure.Not an pic analyst 
Well, that’s my eye, and I don’t need to get eyes from elsewhere. But since, my post got flagged, i don’t want to stretched it more.
You maybe more good than Bobby Axelrod. I was jst hinting what came in my mind, it’s better for man to stay original. But seems I brushed your tiny ego.
Exactly my feeling when I read her comment. Lol
Why the name algoeye though?
I legit thought you write pine scripts, and automate trades using python and sell signals.
It is better to take a break now and focus on learning. Also remember that trading is not the end of the world. Trading is not for everybody and even if you don’t do it then that doesn’t mean you will not be successful.
Yes all true , except for selling part. i write lot of code and model data. One of the reason i like to trade/market is it generate lot of data and is related to economics. I really like doing and creating insights out of that data and great fan of economics as its the science of reading people psychology as whole .i see myself as techno discretionary trader , i have automated signals but i found discretionary systematic trading has an edge.
