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Lost 17 Lakhs on 21st and 22nd Jan 2008!!!

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  #11  
Old 7th March 2008, 02:18 PM
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Default Re: Lost 17 Lakhs on 21st and 22nd Jan 2008!!!

Thank you Pattel bhai. Very lucid answer.

Ah futures. A newbie like me should never even think of futures.
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  #12  
Old 7th March 2008, 05:17 PM
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Default Re: Lost 17 Lakhs on 21st and 22nd Jan 2008!!!

Well even me too stopped looking into futures since month and half due to high volatility and gap openings
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  #13  
Old 11th March 2008, 05:28 PM
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Default Re: Lost 17 Lakhs on 21st and 22nd Jan 2008!!!

please, tell us in which futures you have loss so much,at what amount you have bought and how much quantity your holding
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  #14  
Old 12th March 2008, 11:32 AM
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Default Re: Lost 17 Lakhs on 21st and 22nd Jan 2008!!!

Quote:
Originally Posted by nawab_2006 View Post
Hi Traders and invertors.....

I am a trader and in this market for about an year.....The recent carnage WIPED OUT my entire capital....I am left out with 1 lakh only. But I am glad because at one point of time on 22nd Jan I had 9 lakhs negative balance but that recovered on 23rd Jan.....Now I have started trading in small quantity and making good profits.....hope to recover my loss soon...


Regards,

Nawab
Hello nawab

can you please tell us how you loose this much amount of money, Its very sad and i know difficult to you remind all those things but my point is if you tell us then traders like me and other can get benefit by avoiding those mistakes.

Were you following some tips provider ?
Didi you made all your investing decision at your own or by some other's mind like on some news or tips

Please share this information so that others can get benefit too, you must have learned a good lesson and might be you are avoiding those mistakes that why you have recovered your position from negative 9 lac to plus 1 lac

Please share
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  #15  
Old 13th March 2008, 09:54 PM
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Default Re: Lost 17 Lakhs on 21st and 22nd Jan 2008!!!

"the simplest way to loose money is trading"

Loved this.
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