URGENT HELP REQUIRED falling income huge investments

Hello gurus i am in urgent need of advice i was fascinated by trading and
futures till about 2004 lost fare Share of my money though thank god not much just around 4-5 lacks

Feb 2004 i realized that i might not make any money doing what i did and because i was scared i just couldnt put even 5 % of my money in trading at a given point of time so even when i did good i was never able to make more than 2 % of my total capital and on many nights though i could not sleep properly i never made something to right home about i remember buying 5000
RIL shares and selling them at profit of 20 rs

Then i met a guy who use to come to our GYM he was a stock broker he advised me of investing money though him but as in case of higher trending market i told him that i could loose money trading or loose investing though him and i am not ready to invest 50 % or even 25 % of my money

I was only 21 years old then ,and had i invested with him today i would have made 10 times the money i would have invested his Picks were IDFC , Centurian bank nagarjuna fertilizers punj Lloyd Etc

Then he gave me another proposal to do hedging in stock markets with 99 %
security of capital as he was a friend he offered 500 for FNo and 5000 for delivery per core which is very cheap brokerage even today
.005 and .05 respectively

And all started good i had plans to do arbitrage but it was ragging bull market i was making 2.5 to 3 % every month just by buying cash
selling futures and rolling over futures so there was no need to take any risk and do intra day arbitrage

My initial investment was 80 lacs then some more money i got from my father as he retired and the investment was up to 1.25 core

Things were going very good i was making 2.5 to 3 lacs per month without taking any risk

Then came the first hurdle in my way STT and i had to pay huge tax on every transaction other then paying income tax and my earning fell below 2 lacs though i started spending less and accumulating more in my trading account as the arbitrageurs and hedgers who owned business were usually stock brokers themselves and they had investments of 5 to 10 crores in this business and i knew i was way- way behind them . They were also making money from brokerage from investments and this was my only source of income

Still i was living in Wonder land i wanted to go to USA and had a dream to make 3000 $ a month i count go there but then i was making double that amount in my own country it was unbelievable ( how middle class rose from Maruti 800 to Honda Accord )

But then came Jan 2008 Crash i made huge money that day as i had futures short which were trading 10 %discount to cash long equities Yes i made
20 lacs that day 23 rd or 24 January 2008

But since then life has been depressing only i am barely able to make
a return of .75 % per month though i have investments of around 3 crore
so at 10 % PA i still make 30 lacks per year

But some how my heart tells me this is not business i am doing i have to make 20 - 25 % otherwise what is the point sitting in front of computer
from 9.55 to 3:30 i could put this money in a fixed deposit and retire but i am only 27 years old

So all the gurus please help me what should i do so i can make a decent return on my capital and i can sleep well at night any strategies where capital can be deployed any intra day futures cash options arbitrage hedging strategies Where i can feel that i am doing business and not just holding a Fixed deposit

I have ample investments in mutual funds and Ulips which i am doing from last 5 years so kindly dint suggest that , Also my Friends have suggested buying a small guest house or small time hotel , petrol pump or becoming a builder where i can make 20 % but stock markets is where my heart is and i don't want to do something else

Any help would be greatly appreciated

Regards
Rajat Kapoor

The only help i can give iin term of advice is...

You are far far better than a lot of poeple who have lot a lot of money in the markets and also you are earning more than a lot of guys do in jobs...

Think about the above and you might not feel as bad. Earning 30 lacs per annum.. i would love to change places with you... and i think quite a few of the guys on this forum too would love to change places with youl.

VK

USE AUTOMATED TRADING WITH FASTEST LINE AND CO LOCATION SERVER

I was looking for hedging and arbitrage and bumped into your thread yes it is tough these days but u already have a good amount of money what i will suggest you to look for automated trading , that way u might be good


Gone are the days of making 36 45 %returns but still you can make 18 -20 % per annum with the help of omnesys , greek soft, NSE IT {you might not be able to get PROGRESS APAMA though it can make you 5-7 or even 10 % more} but i still think 16 - 20 % will be decent return though

A lot of people i have seen ask question on arbitrage which i never answered because for arbitrage one needs money its either yours or brokers it dosent really matter broker charges you 12 % so if u make 16 u end up with 4 % which is not worth it

Capital of 20 -30- 50 L is very less for good life doing arbitrague

Yes i have worked with dealing desk of a top broker out side india for 3 years and even i made less then you definetely on PPP basis

ANY QUERYS ALWAYS WELCOME

MAYANK

I would love to change places with MUKESH AMBANI but life is like this only man u get what u get , try to change your life rather then becoming some one else :rofl: