already lost 90%!

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  #21  
Old 28th January 2007, 04:29 PM
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Default Re: allready lost 90%



CV's advise is perfect.
If you have lost 90% of your capital, even if you are to start afresh, taking into consideration a 10% return annually (which traders earn "on an avg" on "normal circumstances" in the long run) reinvested back into trading, it would take you nearly 25years to get your capital back.
Think wisely.

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  #22  
Old 28th January 2007, 04:29 PM
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Default Re: allready lost 90%

Quote:
Originally Posted by sunil saranjame View Post
Trading is all psychology. You must read Dr.Alexander Elder's books.

Read 1. Trading for a Living

2.Come into my Trading Room

Also check out Dr Brett Steenbarger at http://www.brettsteenbarger.com/

Best regards,
ss
thanX sunil, where can i find those books

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  #23  
Old 28th January 2007, 04:30 PM
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Default Re: allready lost 90%

Quote:
Originally Posted by oxusmorouz View Post
CV's advise is perfect.
If you have lost 90% of your capital, even if you are to start afresh, taking into consideration a 10% return annually (which traders earn "on an avg" on "normal circumstances" in the long run) reinvested back into trading, it would take you nearly 25years to get your capital back.
Think wisely.
thanX but i think i can earn my capital in just 4 months from now

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  #24  
Old 28th January 2007, 04:34 PM
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Default Re: allready lost 90%

well, wish you the best of luck

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  #25  
Old 28th January 2007, 04:35 PM
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Default Re: allready lost 90%

Quote:
Originally Posted by shobhendra View Post
thanX but i think i can earn my capital in just 4 months from now
That's why you must read Dr Alexander Elder.


Last edited by sunil saranjame : 28th January 2007 at 04:35 PM. Reason: read
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  #26  
Old 28th January 2007, 04:36 PM
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Default Re: allready lost 90%

ThanX sunil ji, i will .

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  #27  
Old 28th January 2007, 04:36 PM
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Default Re: allready lost 90%

Quote:
Originally Posted by oxusmorouz View Post
CV's advise is perfect.
If you have lost 90% of your capital, even if you are to start afresh, taking into consideration a 10% return annually (which traders earn "on an avg" on "normal circumstances" in the long run) reinvested back into trading, it would take you nearly 25years to get your capital back.
Think wisely.
Oxy, 10% man u givin me a heart attack. Y to invest in Equities wen FD's provide 9% for a yrs time?????

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  #28  
Old 28th January 2007, 04:43 PM
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Default Re: allready lost 90%

Swagat you are making a fundamental mistake. A stock goes up from 10 to 20 it is a 100% gain right? but when it comes down from 20 to 10 it is 50%. Now imagine if somebody has lost 90% of his equity.....oops

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  #29  
Old 28th January 2007, 04:44 PM
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Default Re: allready lost 90%

Swagat, that is why I was specific in my statement..."traders on an avg" "in the long run"
Considering the number of people who lose in this market and conidering that most make money in a bull market,I think it's a justified return to be applied in computation.
There certainly will be traders who earn 1000% or above every year and another who loses his entire capital...

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  #30  
Old 28th January 2007, 04:54 PM
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Default Re: allready lost 90%

well i lost my capital in FnO, mostly in options. there is another cause which may be lack of knowledge about stop losses

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