Challenge : 100% Return Per Annum Possible ??

madhura · #**371** 19th October 2007, 03:23 PM

hi Dev,
i am old member of traderji....but now i have again started reading the commnets
as per ur direction i have invested in bartronics at 231 and RPL at 166
thanks for your directions

rkkarnani · #**372** 20th October 2007, 09:07 AM

Quote:

Originally Posted by madhura

hi Dev,
i am old member of traderji....but now i have again started reading the commnets
as per ur direction i have invested in bartronics at 231 and RPL at 166
thanks for your directions

In case you have miised Mr.Dev's post yesterday, he has as of 1.32 on Friday 19th Oct. advised to CLOSE all the outstanding positions !!!!!

Dev Mookerji · #**373** 7th June 2008, 07:07 PM

"In Bull Market any tom Dic harry can earn"

. But what about in a bear maarket ??

This is the common sentence, which was heard a lot of times in this forum by many members.

Here is the answer...........

I am restarting the thread once again.

Let us see how much we can earn.

Terms & conditions :-

programme shall be started with 01 lakh capital. This time we shall use cash, future & options.

All trades shall be positional and hence stop losses should be closing basis. Until told specifically positions should be considered as open.

Special terms & conditions :- I will not reply any query/post of some of my friends specially - ccmb420, himanshu, hariomkar, amit29 & cv.

others can ask their query if any.

happy trading
dev mookerji

CreditViolet · #**374** 7th June 2008, 07:25 PM

Quote:

Originally Posted by Dev Mookerji

"
Special terms & conditions :- I will not reply any query/post of some of my friends specially - ccmb420, himanshu, hariomkar, amit29 & cv.

others can ask their query if any.

Why dont you answer the questions that I posed to you in the original thread, ignoring things dont make them go away.

raosrinivas · #**375** 7th June 2008, 07:43 PM

Good Luck Dev Mookherjee. I wish that you make 100% on your test run.

Regd Special Terms & Conditions, I believe we should "agree to disagree" on opinions which provides a good basis for any discussion

for instance I felt Sensex could come till 7500, Amit29's position is Sensex will never ever see 11999. it's just that my view is different from that of Amit29, i don't hate him because he does not subscribe to my position, i respect his opinion, just take things professionally.

you have a lot of childish traits still left, don't get me wrong and ban me also.

so let's get started and i will follow your calls closely .

rkkarnani · #**376** 7th June 2008, 07:56 PM

Quote:

Originally Posted by Dev Mookerji

"In Bull Market any tom Dic harry can earn"

. But what about in a bear maarket ??

This is the common sentence, which was heard a lot of times in this forum by many members.

Here is the answer...........

I am restarting the thread once again.

Let us see how much we can earn.

Terms & conditions :-

programme shall be started with 01 lakh capital. This time we shall use cash, future & options.

All trades shall be positional and hence stop losses should be closing basis. Until told specifically positions should be considered as open.

Special terms & conditions :- I will not reply any query/post of some of my friends specially - ccmb420, himanshu, hariomkar, amit29 & cv.

others can ask their query if any.

happy trading
dev mookerji

SL on closing basis is a dicey thing Dev, You advise to sell SBI say at 1800, with 2080 as SL on closing basis....the Price moves to 2080 intraday , comes down and goes back again and at close it is say 2140/- Where do you consider we exited our trade!!!! And also what is considered as closing price!!! I may get a different rate at 3.25 and a SL level at 3.28 and again a level different from SL level as closing price!!! Mostly TA use the closing price technique to have a way to wiggle out of loosing trades.

OR
Do we exit and reenter every time the SL level is breached!!??
My view, you have 2 SL's one for intraday and another on closing basis.
In above example suppose SBI goes down by much more than your closing SL u cannot expect to hold on to the position, so u have a SL much lower or higher than ur closing SL where the trade is stopped irrespective of the time of the day!!!

Do consider this!!!!

Regards
-R K Karnani

Dev Mookerji · #**377** 7th June 2008, 08:03 PM

Quote:

Originally Posted by raosrinivas

Good Luck Dev Mookherjee. I wish that you make 100% on your test run.

you have a lot of childish traits still left, don't get me wrong and ban me also.

so let's get started and i will follow your calls closely .

Thanks Sir,

I do remember most of ur posts. Even U must be remembering my post in ur thread of 'sensex 7500....'

I always considered u as a friend. So dont have any intention to make u banned

Smart_trade · #**378** 7th June 2008, 08:18 PM

Quote:

Originally Posted by Dev Mookerji

Thanks Sir,

I do remember most of ur posts. Even U must be remembering my post in ur thread of 'sensex 7500....'

I always considered u as a friend. So dont have any intention to make u banned

Common friends,let us not involve in petty fightings and egos.Lets do something constructive. We look forward to Mr Mookerji for posting trades and the system.Let us consistantly make money from yhe mkts,up or down.

uasish · #**379** 7th June 2008, 08:25 PM

Just came to know few days ago that there is 1 member in this Forum who made 34 Lacks in 10 months with a starting capital of 60 K.

Dev Mookerji · #**380** 7th June 2008, 08:27 PM

Quote:

Originally Posted by rkkarnani

SL on closing basis is a dicey thing Dev, You advise to sell SBI say at 1800, with 2080 as SL on closing basis....the Price moves to 2080 intraday , comes down and goes back again and at close it is say 2140/- Where do you consider we exited our trade!!!! And also what is considered as closing price!!! I may get a different rate at 3.25 and a SL level at 3.28 and again a level different from SL level as closing price!!! Mostly TA use the closing price technique to have a way to wiggle out of loosing trades.

OR
Do we exit and reenter every time the SL level is breached!!??
My view, you have 2 SL's one for intraday and another on closing basis.
In above example suppose SBI goes down by much more than your closing SL u cannot expect to hold on to the position, so u have a SL much lower or higher than ur closing SL where the trade is stopped irrespective of the time of the day!!!

Do consider this!!!!

Regards
-R K Karnani

Thanks sir for enlightening ur points.

So far I know in practical u er an long term investor. I do still remember u were holding essar oil for the years around the level of 50 (exactl price I dont remember). You had asked me about this stock last year in the month of jun, what to do with that, I must remember u were in loss in that time.
I request u to hold the stock with a target of 80 in a shorter time span. After theat essar oil rocked thats history now.

The longer ur periodicity for trading is chances of lesser whipsaws and greater accuracy/profitability shall be there.

Have we ever thought that why fund managers of FIIs/DMIs are going for investment rather than intraday trading only ?

Just remember our very own Rakesh Jhunjhunwala..... he has made most of the money by positional investment/trading only. Needless to mention here investment guru W'ren saab.

So I shall go for some how positional trades only in this thread. Time span shall be smaller though. Otherwise there wont be any charm of trading (or even this thread) becoz if I will say go short Nifty and hold for six months (roll over) for a target of 3600....nobody will listen, neither anybody is having that much patience ..........

practically there wont be any thing here in this thread like stop loss but to shut critics mouth, we shall have to abide the word STOP LOSS.

Let us see some trades initially as paper trading. Dont put real money on that, doubts shall be cleared very soon.

regards
dev mookerji

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