Earn 15 lacs in 21 months with 1 lot of Minifty??

Discuss Earn 15 lacs in 21 months with 1 lot of Minifty?? at the Futures within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by rajakrsnan Hi guys, I juz had a look at the discussion here ...


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  #41  
Old 18th April 2008, 11:52 PM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??



Quote:
Originally Posted by rajakrsnan View Post
Hi guys,
I juz had a look at the discussion here and want to add a little bit of personal experience on nifty trading. The particular example I am mentioning is from Raja Krsnan
Dear Raj,

The target of 300 NIfty points per month is achievable if one follows day trading ( with no overnight LOng/Short positions ) with strict stoploss. By carrying no Long/Short positions one certainly losses out ,but he can lot of peace. Sometimes Nifty gains /losses just 5 or 10 points but if you see on intraday basis this may be ±50 points.

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  #42  
Old 19th April 2008, 04:09 AM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

aksthyar,

A warm Welcome to the Forum.

Asish

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  #43  
Old 19th April 2008, 12:40 PM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Quote:
Originally Posted by columbus View Post
Dear Raj,

The target of 300 NIfty points per month is achievable if one follows day trading ( with no overnight LOng/Short positions ) with strict stoploss. By carrying no Long/Short positions one certainly losses out ,but he can lot of peace. Sometimes Nifty gains /losses just 5 or 10 points but if you see on intraday basis this may be ±50 points.
more short term......more entry exits.....more whipsaws......more emotions of greed & fear.....more time & concentration required , LESS PROFITS & LOSSES....

MORE med 2 long term......less entry & exits.....less whipsaws......less emotions of greed & fear.....less time & concentration required , MORE PROFITS & LOSSES......

CHOICE IS UR's............


Last edited by sudoku1 : 19th April 2008 at 12:52 PM. Reason: *
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  #44  
Old 19th April 2008, 12:48 PM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Keep Fear At Bay & Greed In Control Or Another Way Of Looking - One Need Not Fear If Greed Is Under Control

SavantGarde


Last edited by SavantGarde : 19th April 2008 at 12:54 PM.
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  #45  
Old 19th April 2008, 12:53 PM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Quote:
Originally Posted by SavantGarde View Post
Keep Fear At Bay & Greed In Control

SavantGarde
greed is the graveyard of the mkt while fear is the hell....

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  #46  
Old 19th April 2008, 02:22 PM
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Lightbulb Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

If this target can be achieved than it can be possible with Vinod's Mechnical System only or similar to that system. (But Some Modification required in Vinos's system)

I am saying becuase nifty is so volatile ki if you try to trdae with small stop losses , It will trigger in 6 out of 10 Positions, So you have to Keep stop loss big enough as vinod keeps.

Only modification requires in Vinod systems to make your target achievable it to keep targets also with stop loss.

Man you are thinking for 21 months trade then you must have fix set of mind in starting only since market situations will change N numbers of time in these 21 months ans so in these condition with a simple human mind this target is unachivable.

So my kind suggestion is you better follow Vinod's System but with some changes and you don't have to wait till that vinod makes changes in that system but you can make that changes in your Trading

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  #47  
Old 19th April 2008, 06:54 PM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Quote:
Originally Posted by SavantGarde View Post
Keep Fear At Bay & Greed In Control Or Another Way Of Looking - One Need Not Fear If Greed Is Under Control

Quote:
Originally Posted by sudoku1 View Post
greed is the graveyard of the mkt while fear is the hell....

F*** fear.......enjoy bear.......
Can u look here.........

Why not one-two contract long/short........for current/far months.......2:1 or 1 : 2

perfact headge with minimum loss..........



Last edited by Cactus : 19th April 2008 at 07:00 PM.
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  #48  
Old 22nd April 2008, 07:22 PM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Quote:
Originally Posted by leo_3455 View Post
Hello Seniors:

Consider this scenario. We start trading with 1 lot in Minifty Fut (investment/deposit of 24,000). We get a monthly gain of 300 points (i.e. 300 x 20 = 6000 in profit). We do this for 3 more months. In the 5th month (6000 x 4 = 24000), we trade with 2 lots, etc. Please see the excel sheet attached.

Extending the above, in 21 months, we will have a profit of 15 lacs + your investment of 24,000.

As you would have rightly guessed from the above ambition, I am a newbie.

Now, how far this is possible? How easy or difficult is it to maintain +300 points monthly. Is it a reasonable target to achieve and achieve every month? I plan to trade with a 20 point stop loss, is it a good idea?

What would be your advice to me?
Will try to achive atleast this for sure.

I think if someone know why he or she is going for a trade then this tgt can easilly be achived.

Robin

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  #49  
Old 24th April 2008, 08:17 AM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Quote:
Originally Posted by SavantGarde View Post
Keep Fear At Bay & Greed In Control Or Another Way Of Looking - One Need Not Fear If Greed Is Under Control

SavantGarde
Sir, Beautifully said!!!!
BUT
How about being greedy when your position is running in profit. (Do not fear and exit early.)
Gautam

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  #50  
Old 24th April 2008, 08:18 AM
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Default Re: Earn 15 lacs in 21 months with 1 lot of Minifty??

Quote:
Originally Posted by robin_malihan View Post
Will try to achive atleast this for sure.

I think if someone know why he or she is going for a trade then this tgt can easilly be achived.

Robin
Hello, Sir, any method or process that one can follow to achieve about 15 / 20 points a day in Nifty????

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