Please AVOID RELIANCE MONEY

hari09omkar · #31 18th December 2007, 11:38 PM

Quote:

Originally Posted by bobomonkey

I am yet to meet anyone who has made a significant loss from delivery based trading.

Please take a tour around ur town and read some research reports.

http://www.marketoracle.co.uk/Article533.html

And that is the reason u suggested to go long 100 times before shorting!
Heard about money management? And to do futures trading,one doesn't necessarily leverage his account.

TINU · #32 19th December 2007, 12:00 AM

Hi to All,

TINU

bobomonkey · #33 19th December 2007, 03:56 PM

Quote:

Originally Posted by hari09omkar

Please take a tour around ur town and read some research reports.

http://www.marketoracle.co.uk/Article533.html

And that is the reason u suggested to go long 100 times before shorting!
Heard about money management? And to do futures trading,one doesn't necessarily leverage his account.

I only read the first para and its about about a options trader with 25 years of experiance. How does that relate to the average retail investor?

What happened in may 06 was because of leverage position being cut by brokers. Those people who lost their shirt then did not come back. People who bought in delivery and held made huge profits.

What this article talks about and what you wrote does not apply to 99% of retail investors. Futures trading is almost always leveraged at least 99% of times. Shorting too is leveraged more often then not. No-way will the average retail guy will have funds to buy the whole lot (costs more than 2 lacks) in cash.

In no-way am i saying that we should stay away from leverage or shorting for-ever. I'm just suggesting that one make few trade (100 is just a number) before he steps-up. Any experienced investor or any derivatives tutorial has this warning right up-front.

hari09omkar · #34 19th December 2007, 08:05 PM

Quote:

Originally Posted by bobomonkey

I only read the first para and its about about a options trader with 25 years of experiance. How does that relate to the average retail investor?
.

There u r ! U read only the first para and concluded that this article has nothing to do with ur arguement! With this kind of intellect u r right in the front bench of losers' community,who also jump in conclusion and don't want to learn and don't want to accept their mistakes.
Dear,u should have read the whole article.It is not about Danny...he is cited as an example just.U missed the great quote of Soros there:

Quote:

To others, being wrong is a source of shame; to me, recognizing my mistakes is a source of pride. Once we realize that imperfect understanding is the human condition, there is no shame in being wrong, only in failing to correct our mistakes... George Soros

U didn't face a single trader who lost in delivery trade! Don't worry at all.Watch the mirror,soon u will find out(if continued with these stupid ideas).

Dear,majority r losers in financial markets,be it futures or cash.The reason is leverage or shorting or.....? No.The reason is they don't understand risk management.Like u.Now please go through this article on money management.... fully......not the first line to conclude.

http://www.investopedia.com/articles...nt_futures.asp

bobomonkey · #35 20th December 2007, 01:44 PM

Quote:

Originally Posted by hari09omkar

There u r ! U read only the first para and concluded that this article has nothing to do with ur arguement! With this kind of intellect u r right in the front bench of losers' community,who also jump in conclusion and don't want to learn and don't want to accept their mistakes.
Dear,u should have read the whole article.It is not about Danny...he is cited as an example just.U missed the great quote of Soros there:

U didn't face a single trader who lost in delivery trade! Don't worry at all.Watch the mirror,soon u will find out(if continued with these stupid ideas).

Dear,majority r losers in financial markets,be it futures or cash.The reason is leverage or shorting or.....? No.The reason is they don't understand risk management.Like u.Now please go through this article on money management.... fully......not the first line to conclude.

http://www.investopedia.com/articles...nt_futures.asp

what are you trying to say? are you saying that newbies should jump it shorting and leverage without any experience of trading deliveries?
Is every one born an expert money/risk manager?
Dealing in deliveries involve lesser money/risk management skills and is the best point to start. Once they are familiar with the nuisance they can move on to leverage. You ask any experienced investor he will tell you the same thing.

bobomonkey · #36 20th December 2007, 01:57 PM

It because of the advice of people like you that dreamy eyed amateurs bet their shirt and loose it only to never come back. They tell stories of how stock market is a 'satta' and controlled by a few. You are doing a dis-service to the investor community.

hari09omkar · #37 20th December 2007, 03:58 PM

Quote:

Originally Posted by bobomonkey

.. are you saying that newbies should jump it shorting and leverage without any experience of trading deliveries?
Is every one born an expert money/risk manager?
Dealing in deliveries involve lesser money/risk management skills....

To do trading,everyone needs to manage risk.And by all the three above sentences of urs,and this great declaration:

Quote:

Originally Posted by bobomonkey

I am yet to meet anyone who has made a significant loss from delivery based trading.

.......u proved why people lose.That is precisely bcz of lack of knowledge.Have u heard of options? People can take a short position there without risking an exponential amount.Do u know that? And still why most traders lose there? Both in call and put options? Do u know the meaning of call and put options? Have u heard of Hull? Demark? Do u know,in options,there is an indicator called put-call ratio,which is interpreted inversely? Means....if puts r taken mostly by public,implying they r bearish of markets,then the masters decide that the market is bullish.Why? Bcz most people r wrong by statistics.

hari09omkar · #38 20th December 2007, 04:20 PM

Quote:

Originally Posted by bobomonkey

It because of the advice of people like you that dreamy eyed amateurs bet their shirt and loose it only to never come back. They tell stories of how stock market is a 'satta' and controlled by a few. You are doing a dis-service to the investor community.

Do u know from which year futures trading started in India? 2000.Before 2000,do u know that the traders could have taken long and short positions both in the cash market? The difference from today was the 'settlement' period,which is T+2 now,but was longer then.Then it was called 'POTA' for long and 'MATHA' for short positions,among traders.And like one can take long positions of ne amount,today,be it 2000 rupees or 2 crore,and take delivery,then it could be done for both sides......one would have taken deliveries of long and short positions of ne amount,depending on the broker's contracts.....be it 200 or 2 lakhs? It was not far from today.Just less than 8 years back.
Take interviews of those people who have taken Himachal at 1900 rupees,and didn't get out in time and still holding it.I know of a person who knows these losers.
Inspite of wasting my time,why don't u start trading and realise on ur own that it is immaterial which direction u r trading?....what is important is knowledge of how to trade and how to manage risk.And understand it is very easy to talk about going long 100 times,but to survive those trades and profitting from them,months after months is how tough.

constantine768 · #39 20th December 2007, 04:45 PM

Hari09Omkar, it looks you are very much knowledgeable about stock markets.
Rather than being angry on others it will be great if you share some insidies of what we newbies must know.

sudoku1 · #40 20th December 2007, 04:46 PM

Quote:

Originally Posted by hari09omkar

Do u know from which year futures trading started in India? 2000.Before 2000,do u know that the traders could have taken long and short positions both in the cash market? The difference from today was the 'settlement' period,which is T+2 now,but was longer then.Then it was called 'POTA' for long and 'MATHA' for short positions,among traders.And like one can take long positions of ne amount,today,be it 2000 rupees or 2 crore,and take delivery,then it could be done for both sides......one would have taken deliveries of long and short positions of ne amount,depending on the broker's contracts.....be it 200 or 2 lakhs? It was not far from today.Just less than 8 years back.
Take interviews of those people who have taken Himachal at 1900 rupees,and didn't get out in time and still holding it.I know of a person who knows these losers.
Inspite of wasting my time,why don't u start trading and realise on ur own that it is immaterial which direction u r trading?....what is important is knowledge of how to trade and how to manage risk.And understand it is very easy to talk about going long 100 times,but to survive those trades and profitting from them,months after months is how tough.

in a bull market.....shorters r gonna lose their houses while in bear mkts....bulls will b kicked out of their houses......SIMPLE.....