Looser Bt Still Want To Fight

A

ayurakshapad

Member
#1
#1
dEAR
see i m very new to trading jungle.bt then also i want to face it coz my thinking is that severe accidents make u careful driving fr future.
however i lost nearly 80,000 in 2months in options. however i hd all calls on which my friends made lakhs of money. e.g. rpl ca 140 sep.,rnrl 60ca sep, nifty ca4600sep, nifty ca 4750sep ca, infosys pa 1860 sep(this on starting of this month).bt exited each time early. & lost money by thinking that market after 21 will go loose since so high & correction will be there,but FAILED.
NOW I HV LOST MY CONFIDENCE, BT WAT IS THE SOLUTION.
I CN AGAIN INVEST MONEY AROUND MAX. 30,000 MORE BT THIS IS VERY CRUCIAL. CAN U GUIDE ME.
hOWEVER I WAS SURE TWO DAYS BEFORE THAT THESE STOCKS WILL GO UP & MY FRIENDS AGAIN MAKE MONEY BT I DID NT TOOK ANY CHANCE
1. TTML-BY-40, TARGET - 50 TILLOCT.
2. PETRONET- BY 79, TARGET- 100, TILL MID OCT.
NOW PLZ GUIDE ME.
THANKS FR ADVICE.
 
A

amitt29

Member
#2
#2
Although I have taken a self imposed sabbatical,couldnt help in replying to your dilemma.

What were ur reasons to jump in the FO straightaway(you being new).Without a trading system,without discipline,without a sound knowledge of market works and other factors how could you jump in.


And again with your TTML etc thing you are going to bind urself.

My 2 paisa bit of advice is to take a break.
 
A

ayurakshapad

Member
#3
#3
dEAR,
I RUN MY CONSULTANCY FIRM.
i HAD IDEA ABT MARKET, ITS FUNDAMENTALS, ITS RISKS.
sINCE FRM DAY ONE MY NATURE IS TO TAKE MORE RISK & TO GO HIHIGHER.
iN MY PROFESSIONALLIFE I LEFT JOB SUDDENLY & STARTED MY FIRM.
WITHIN ONE AND HALF YEAR I HV TOUCHED NEW HIGHS IN TERMS OF INCOM.
BT WANT TO GO FORWARD.
SO,
ITS MY NATURE.
I HOPE U WILL UNDERSTAND
 
N

nitinku5021a

Member
#4
#4
i second that...take a break. make ur own rules , test it ...verify it n once its doubly confirmed then apply it. take atleast 2 months break....do paper trading...watch ur mistakes ...correct it n improve till u feel u can enter now

My 2 paisa
 
I

indian06

New Member
#6
#6
ayurakshapad said:
dEAR
see i m very new to trading jungle.bt then also i want to face it coz my thinking is that severe accidents make u careful driving fr future.
however i lost nearly 80,000 in 2months in options. however i hd all calls on which my friends made lakhs of money. e.g. rpl ca 140 sep.,rnrl 60ca sep, nifty ca4600sep, nifty ca 4750sep ca, infosys pa 1860 sep(this on starting of this month).bt exited each time early. & lost money by thinking that market after 21 will go loose since so high & correction will be there,but FAILED.
NOW I HV LOST MY CONFIDENCE, BT WAT IS THE SOLUTION.
I CN AGAIN INVEST MONEY AROUND MAX. 30,000 MORE BT THIS IS VERY CRUCIAL. CAN U GUIDE ME.
hOWEVER I WAS SURE TWO DAYS BEFORE THAT THESE STOCKS WILL GO UP & MY FRIENDS AGAIN MAKE MONEY BT I DID NT TOOK ANY CHANCE
1. TTML-BY-40, TARGET - 50 TILLOCT.
2. PETRONET- BY 79, TARGET- 100, TILL MID OCT.
NOW PLZ GUIDE ME.
THANKS FR ADVICE.
Click to expand...

Hi all...
i am new to this community ..been trading since last one year.. i also expeianced the same recently and lost quite a bit... ilked your spirits to fight.. i also trade in options only and lose only when i am not desciplined..
lets start a fresh and remind each other to follow strict descipline... what a coincident ..i also wanted to start a thread with the same topic and before i cud thnk of some thing you started the thread.. today i bought satyam 440 oct call at 25 ...tomorrow gng to hedge with 420 put.. all the best..
 
A

ayurakshapad

Member
#7
#7
indian06 said:
Hi all...
i am new to this community ..been trading since last one year.. i also expeianced the same recently and lost quite a bit... ilked your spirits to fight.. i also trade in options only and lose only when i am not desciplined..
lets start a fresh and remind each other to follow strict descipline... what a coincident ..i also wanted to start a thread with the same topic and before i cud thnk of some thing you started the thread.. today i bought satyam 440 oct call at 25 ...tomorrow gng to hedge with 420 put.. all the best..
Click to expand...
tHANKS FR ADVICE & MOTIVATIONAL
 
I

indian06

New Member
#8
#8
I Also Share The Same Nature ... Why To Stop???? Keep Gng And Keep Learning On The Way.. Hedging Is My Rool In Option Trading.. I Only Loose Wen I Become Over Confident.. Go Ahead .. And Chakk De
 
A

amitt29

Member
#10
#10
ayurakshapad said:
dEAR,
I RUN MY CONSULTANCY FIRM.
i HAD IDEA ABT MARKET, ITS FUNDAMENTALS, ITS RISKS.
sINCE FRM DAY ONE MY NATURE IS TO TAKE MORE RISK & TO GO HIHIGHER.
iN MY PROFESSIONALLIFE I LEFT JOB SUDDENLY & STARTED MY FIRM.
WITHIN ONE AND HALF YEAR I HV TOUCHED NEW HIGHS IN TERMS OF INCOM.
BT WANT TO GO FORWARD.
SO,
ITS MY NATURE.
I HOPE U WILL UNDERSTAND
Click to expand...
First of all No Caps,

Now if you touched new highs in income you shudnt be bothered abt losses also if u had discipline then only you made money,you are contradicting yourself.
 
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