It has been 5 yrs since i started trading with stocks in 2009. From someone who used to buy on the basis of reco from tv analysts and then holding on to them to see it go down and then sell off in frustration, to learning a bit of technical analysis and trading on those calls .
But i must say that even though i learnt quite a few TA tools & strategies in the past 4 yrs since i first got introduced it, it has not made any diffference to the end result (profitability) . Infact i had taken a break from trading since 5 months after taking a huge loss ,which not only wiped out my profit till that date ,but also some of my capital.
This was a decisive incident in my trading career , after which i seriously started thinking of the my chances of succeding as a trader for which i am putting in quite a lot of effort of time .
Infact i was in the verge of quitting altogether , when i decided to give trading one final year ,but this time it my approach will be that of a pro and not amateurish , which i was during all these years or i wouldnt have carried my position into a major event leading to a big loss.
This thread will track my trading activities in 2014, my winners, loosers , opinions etc. Comments on my trades are welcome frm fellow traders.
My intention is that if i manage to make atleast a 20 % return on my starting capital , i will carry on trading or else i will say goodbye to the market and find something else to do.
So lets get started.........
But i must say that even though i learnt quite a few TA tools & strategies in the past 4 yrs since i first got introduced it, it has not made any diffference to the end result (profitability) . Infact i had taken a break from trading since 5 months after taking a huge loss ,which not only wiped out my profit till that date ,but also some of my capital.
This was a decisive incident in my trading career , after which i seriously started thinking of the my chances of succeding as a trader for which i am putting in quite a lot of effort of time .
Infact i was in the verge of quitting altogether , when i decided to give trading one final year ,but this time it my approach will be that of a pro and not amateurish , which i was during all these years or i wouldnt have carried my position into a major event leading to a big loss.
This thread will track my trading activities in 2014, my winners, loosers , opinions etc. Comments on my trades are welcome frm fellow traders.
My intention is that if i manage to make atleast a 20 % return on my starting capital , i will carry on trading or else i will say goodbye to the market and find something else to do.
So lets get started.........