The Name Rakesh Jhunjhunwala needs no introduction to indian traders and investors, he is the man who converted Rs 5000 into 80000000000. The question in my mind is will carbon copying such a legend ,will provide similar results to anyone copying his technique.
So in search of an answer to whether, every trader should find an method compatible to his personality or can he pick a method tested and proven with outstanding results by some other trader and achieve similar result.
So i have picked RJ's Trend following strategy and will strictly trade as per it and see if we can acheive results anywhere close to his.
i will use one separate broker a/c for this purpose and funded it will 10 lakh INR.
I will put only those trades thru this a/c ,which meet RJ's criterias , and all my day trades and trades using other techniques will be done from separate broker a/c .
Posts in this thread could be infrequesnt as RJ trades less frequesntly with long holding periods.
So friends this is only an experiment, and only time will tell the outcome of the same.
Macro Trader.
So in search of an answer to whether, every trader should find an method compatible to his personality or can he pick a method tested and proven with outstanding results by some other trader and achieve similar result.
So i have picked RJ's Trend following strategy and will strictly trade as per it and see if we can acheive results anywhere close to his.
i will use one separate broker a/c for this purpose and funded it will 10 lakh INR.
I will put only those trades thru this a/c ,which meet RJ's criterias , and all my day trades and trades using other techniques will be done from separate broker a/c .
Posts in this thread could be infrequesnt as RJ trades less frequesntly with long holding periods.
So friends this is only an experiment, and only time will tell the outcome of the same.
Macro Trader.
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