Thanks Rohan. I still remember your 2000rs. wala thread , made me join TJ forum to post in there and helping me learn so many things from you guys before I start trading . What strategy you trading in these days or during that 2k per day ?
it was just nonsense thing i mentioned in that.
i was not having any strategy, no base, no rules, no money management, nothing when i was trading that time.
i just used to trade anything which seems to be good on my screen.
in the 1st 15mins i used to buy/short any stock with volumes which was running and in that only some times i used to gain.
stks which were 3-4% up i used to short them, the stocks which were 3-4% down i used to buy them. in this also i used to gain some times and many times i ended in loss.
On all positive closed trades i used to think that, the profit is due to my knowledge, skill i developed in trading and started thinking that i know much more things in stock market.
On all negative trades i used to tell myself that i have done the trade very well but suddenly market changed its direction and in panic i cut the position. if i would have waited for much more time in trade then i would have got my price and would have ended in profit.
sometimes i used to trade in futures. and gain of 2-3 rs on a lot means nearly gain of 800-1000 rs where lot size is 300. but i never recognised that 2-3 rs loss means my ac will go down by 1000rs.
i never used to control my trades. may be winning or loosing trades. i used to put trade after trade. for me it was like compulsion k im a trader means i have to do trades in any mkt condition.
in that mindset only i have posted that thread expecting that i will get some way ahead to go abt,
in my mind i always used to think k tomo i will not do what i have done today, but no maintaining of trading journal, no mentioning my daily trades, so next day again i used to do same things.
bla bla blaaaaaaaaaaaaaaa..........
IT WAS REALLY NEVER ENDING OF MY FOOLISHNESS DONE IN TRADING.
when i realised all this i never posted anything in that thread, as i know that i dont have any base to ask the thing which i posted.
it was just like SATTA. and i dont want to become a gambler. i want to be a TRADER.
but now its really a different thing.
now i have everything and maintianing all the things which i was not doing right from money management, psycology, stoploss, rules, trading journal, strategy, limited trades, limited stocks, everything which is possible for me.
lets c what happens ahead.