Day Trading is like Monopoly

[pshirurkar]

Day trading has turned me from TRADER to an INVESTER.

 

[uasish]

Day trading has turned me from TRADER to an INVESTER.

Could not stop Laughing,it happened with all of us Yarr !

 

[vpsarathy]

Prakash Reddy

A little secret is being disclosed by me here. Wyckoff, VSA and MP will be of great help.......

What is MP?

vps

 

[uasish]

MP = Market Profile , a novel way to understand the Mkt's internal Dynamics.

 

[ravalsb]

Day Trading is Source of Income for Some,
Capital Erosion for Rest.

Day Trading is like Twin Blade,
One Edge is Suppport, Other Edge is Resistance,
Shave your Profits from Between, If you dont It Hurts!

 

[uasish]

In any Liquid scrip's chart,say PNB there are always few moments in the day where entering can give Rs 2.00 to Rs 2.50,with low brokerage & say 500 Nos ( with 5 times exposure Rs 50 k is sufficient),in case of Wins we can get 1k ,deducting brokerage & Loss making trades,still one can get few K in a month.

 

[sudoku1]

i have come across many day traders who r now LONGEST TERM invstrs...
they traded & traded till 3.30 pm.....in the end.....the loss making positions were noted as deliveries on assumption 2 sell on a bounce in a week.....the bounce did not happen.....& they got deeper & deeper......funds BLOCKED

 

[uasish]

i have come across many day traders who r now LONGEST TERM invstrs...
they traded & traded till 3.30 pm.....in the end.....the loss making positions were noted as deliveries on assumption 2 sell on a bounce in a week.....the bounce did not happen.....& they got deeper & deeper......funds BLOCKED

Yes indeed,you are right,they can never be termed as Day Trader,becoz a daytrader never carries a position .

I will never argue that most day trader lands up in Loss in the Long haul & few obstinate dumbs lands up in traderji (like me).

Here in the Forum we try to share & support but ultimately it is the individuals own fight.

In the very 1st instance we try to put a word ingrained in brain is STOP LOSS.

 

[sudoku1]

Yes indeed,you are right,they can never be termed as Day Trader,becoz a daytrader never carries a position .

I will never argue that most day trader lands up in Loss in the Long haul & few obstinate dumbs lands up in traderji (like me).

Here in the Forum we try to share & support but ultimately it is the individuals own fight.

In the very 1st instance we try to put a word ingrained in brain is STOP LOSS.

@ the end.....Money is a terrible master but an excellent servant......

 

[lalpar]

Great Sir..Definately Money is a terrible master but an excellent servant!!!!

Keep Walking
Regards
Lalith