Why cant a trader make money in stockmarket?

[trader.trends]

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This is backtesting report on 2 months from 03-08-2011 to 03-10-2011. Only 1 contract traded and 1014 points Net profit in 45 trades. Out of 45 trades 17 made profit and 28 made loss. Please give me 1 yr 5 mint Nifty future data. Let me backtest it on 500 trades. Thank you.

Backtesting for two months???? Nifty futures has been trading only for the past ten years. Most strategies that work on backtest of even five years fail because, they do not cover all the random gyrations of the market. The data set of NF itself is too small to hold the randomness of the market. Hope you are not trading this on such a small backtest.
As far getting 5min data for one year check out the data feeds section of the forum. The data is lying there for free.

 

[rvlv]

Hi ford

here is the answer for your question

why cant a trader make money in market/

he cannot because

he has no basic trading education,
he never had a plan nor tested it enough,
he never had a good mentor, and


finally he cannot judge when a trend begins or ends.

he enters just before a trend ending or he exits just before a new power trend begins.
his timing and instrument selection is always wrong.

he repeats this over and over and forever

in fact he buys when smart traders are selling and he sells when smarttraders are buying.
he always boards a stopped train that came back from long distance and due for rest for some days.

rvlv

 

[EARTHY8]

"Take it (trading)as a fulltime occupation and then you will succeed,like others!"

earthy8

 

[paragcpatil]

RAJIV SIR, i think in backtest report every month avg profit with more % of winner trade

 

[snb003]

AS PER THE INTERNATIONAL RESEARCH, ONLY LITTLE BIT MENTALY HANICAPPED,HOSPITALISED PERSONS AND LEFT HAND WRITERS CAN EARN THE MONEY IN STOCK MARKET.

WE INDIANS HAVE SOME ETHICS IN OUR LIVES BUT MARKET HAS NO ETHICS NO STRUCTURE. IT WILL MOVE JUST LIKE DOG ON BUSY STREETS.

IF YOU BELIEVE IN GOD THEN PRAY FOR "RAVANA" INSTEAD "RAMA" TO GET MONEY FROM MARKETS.

YASU222

can you kindly give some examples

 

[ztop]

You have said it my friend:
emotional traders loose very fast !!!


cheers

 

[vinzz]

dear rvlv

thank you for the wonderful post


so according to you what all does one need
1. skills
2. mentality
3. attitude
4. tools

to minimize losses of capital
and to consistently make money in trading

the amount of money may be small or big but should be consistently
greater than the losses

thanks
vinzz

 

[columbus]

dear rvlv

thank you for the wonderful post


so according to you what all does one need
1. skills
2. mentality
3. attitude
4. tools

to minimize losses of capital
and to consistently make money in trading

the amount of money may be small or big but should be consistently
greater than the losses

thanks
vinzz

Another 3 conditions are also important apart from above.

1.Good PC.Any PC with 1GB RAM will do.
2.There should not be NO Power or Internet disruption.
3.Your presence from 915AM~330PM is essential.Occasional short breaks will not do major harm.