Bakwaas Trading

Discussion in 'Trading Diary' started by augubhai, Jun 25, 2013.

  1. augubhai

    augubhai Well-Known Member

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    need to start this new thread because the other thread runs into pages of trades, and it's a pain to search...
     
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  2. VJAY

    VJAY Well-Known Member

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    Ok ...But augubhai why thread name as 'bakwaas" :D
     
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  3. Smart_trade

    Smart_trade Moderator

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    But this thread will soon overflow...as all of us have many "bakwaas trades " har colour, har size aur har design wale bakwas trades....

    Smart_trade
     
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  4. augubhai

    augubhai Well-Known Member

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    Majority of the people here, including me, think that my trading style is bakwaas. So.
     
  5. VJAY

    VJAY Well-Known Member

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    Ohh ...as St da said we all trades bakwas trades ....style might be change...but we all do the same :)
     
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  6. augubhai

    augubhai Well-Known Member

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    Adds have not worked for me (because my style is all wrong)

    Nothing much has changed since this post on Valentine's Day. Same old, same old.
    http://www.traderji.com/trading-diary/77732-augubhais-notes-smarts-guts-luck-61.html#post772200

    A few things that may have changed are in small font...
     
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  7. VJAY

    VJAY Well-Known Member

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    Dear augubhai,
    How about adding 1/2 with inetial pos?eg if ur inetial pos is 2 lots then add with 1 lot each only....(Thanks and remembering our SAINT sir on this scaling)
    If ur inetial pos is big one then....decrease wise...eg 20-10-5-2-1...
     
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  8. Happy_Singh

    Happy_Singh Well-Known Member

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    Add or not to add, depends entirely on your trading method.

    For scalping time frames mostly 50% scale-out will work better. for swing trades add will definitely give much better returns.

    But lets forget all these thumb rules, this decision should be made purely based on our trading log.

    Our ledger does not lie, if it shows adding to position is piling bigger loses then there can be no argument in favor of scale-ins.


    Happy :)
     
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  9. TraderRavi

    TraderRavi Well-Known Member

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    How dare you augubhai....:annoyed:....thread title is my copyright violation , admin note this......:D......if I post here what I have done in this april - june quarter, Traderji will ban me.......:mad::eek:
     
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  10. jagankris

    jagankris Well-Known Member

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    I think it should be renamed "Bucks" Waah !!! Trading .
     
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