Thank for your suggetions.
Here are the details how i lost my money: started with 5 lacs, want to double in 3 months.
I am using sharekhan, they provide margin trading , we can invest 3 times of our actual money, so I bought RIIL 1050 each for 15 lacks , i observe lot of fluctuations in this share minimum 60 ruppes per day.
i thought i can earn 1500* 60 =90000 everyday, some crores in few months.
I thought its very difficult to focus and manage with more number of companies. i stick to RIIL and bharati airtel.
It was oct 2009 down time: share value going down, i holding it thinking it iwll come back 950 ...900 after 5 days sharekhan squareoff my shares..Then only i came to know they will squareoff T+5 days for margin trading.
lost money1.5 lacs, but i was in confident of making required money.
made few profits after that..not much, when i short sell, it go UP, when i buy it goes down, i was clueless why its happining.
I was not make use of jan 2010 market growth. my money got stuck .
After jan 15 down trend i losta around 2 lacs bcz of holding it hoping that it come UP.
then i started google for day trading tips, then only i came to know about stop loss stratagy, how to use it effectively.....and about thistradji forum...
friends please help me, how to get my money back, i am so diprressed now.
plz tell me what went wrong in my case, what mistakes i should correct. help me with proper equity stratigy for my case.