|
| Discuss My first Experience at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Hi..Its nice to see a well managed thought xchange forum for traders....good to ... |
|
|||||||
| Register | Blogs | FAQ | Chat Room [1] | Search | Today's Posts | Mark Forums Read |
|
Welcome to the Traderji.com - Discussion forum for Stocks Commodities & Forex. You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today! If you have any problems with the registration process or your account login, please read the FAQ. |
 |
|
|
Thread Tools |
| Sponsored Links |
|
#1
16th February 2008, 08:50 PM
|
|||
|
|||
My first Experience
Hi..Its nice to see a well managed thought xchange forum for traders....good to see..alot of knowledge sharing....
But wat i hve felt is...thr are many impatient ppl here....just anxious to make money..and nothing else....guyz stock markets are not money making machines...they are not ATM......so plz....dnt b too anxious to do a trade..just for the sake of money...NO...u wnt make money... Concentrate on the charts....collect all vital data from NSEINDIA.COM.... Learn from your experience...and dont risk too much capital... Dnt initiate a trade...which wnt let u sleep in the night... And also remember the major crashes... I want to ask..one question..if we all are experts..why werent we all were short on 20th Jan or before tht..... The reason is Greed..... First try to eliminate tht..and then start trading... I read in a thread..the sequence of events....of the Fateful day ..21st Jan 2008... I read tht ppl were going long on 5600...then 5500...then 5400..then 5300...and rest u all knw.... Its just bcoz of the short term thinking...guyz dnt think short term....Atleast trade with a time period of 1 day..atleast 1 day.... And dnt think of doing trading everyday... 
|
|
#3
18th February 2008, 12:19 AM
|
|||
|
|||
|
Re: My first Experience
just find a good image ... where we are right now.... why we not shrted on 20Th jan...
jus check it out http://img90.imageshack.us/img90/3004/wharewearenw5.gif chintan
|
|
#4
18th February 2008, 01:32 AM
|
|||
|
|||
|
Re: My first Experience
Quote:
|
|
#5
18th February 2008, 01:58 AM
|
|||
|
|||
|
Re: My first Experience
Quote:
Completely agree .... do you know this was one of Dickson Watts cardinal rules. Quote:
Quote:
[quote]"And right here let me say one thing: After spending many years in Wall Street and after making and losing millions of dollars I want to tell you this: It never was my thinking that made the big money for me. It always was my sitting. Got that? My sitting tight! It is no trick at all to be right on the market. You always find lots of early bulls in bull markets and early bears in bear markets. I've known many men who were right at exactly the right time, and began buying and selling stocks when prices were at the very level which should show the greatest profit. And their experience invariably matched mine - that is, they made no real money out of it. Men who can both be right and sit tight are uncommon. I found it one of the hardest things to learn. But it is only after a stock operator has firmly grasped this that he can make big money. It is literally true that millions come easier to a trader after he knows how to trade than hundreds did in the days of his ignorance."[quote] Friends these people have traded the markets long before we were born and did it for a life time, they were among the best at what they did ........ considering this I think it is prudent to conclude they were far more experienced, knowledgeable and successful than we are, they had been there, done it ... and moved on and I therefore think when they make a statement like this it is with good reason based on their experiences over a lifetime. Don't you think just like us they too initially thought trading day in and day out would yield them huge profits? I'm sure they tried it for many years just like we are currently doing only then would they have come to a conclusion. I therefore think it would be unwise to disregard their advise, even if we think we are smarter than they ever were. Happy trading  Marcus
|
| Sponsored Links |
|
|
|
| Thread Tools | |
|
|
Indemnity, Disclaimer & Disclosure
Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum
Rules Disclaimer & Disclosure and indemnify Traderji.com, its
associates and related parties of all claims howsoever resulting from
the usage of the forum.
• Disclaimer: Trading or investing in stocks & commodities
is a high risk activity. Any action you choose to take in the markets
is totally your own responsibility. Traderji.com will not be liable for
any, direct or indirect, consequential or incidental damages or loss
arising out of the use of this information.
• Disclosure: The information in this forum is neither an offer
to sell nor solicitation to buy any of the securities mentioned herein.
The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
