Question of Growth

S

Sapna.

New Member
#1
#1
I am following this thread from last 4years anonymously, but never take any participation.
I request ST Dada and other traders to put your views on this small query of mine.

The Mistake-

In last 4 years,I lost 85000rs trading NF,NF Option,Stock Futures and Cash Market.
Loss of 85000rs is big as I belong to Middle Class Family.
I have left with 65000rs.

Loss Seasons are-
1) Tukka Trades
2) Trading without SL
3) RR/MM not taken into the consideration
4) Running behind the trade
5) After loss, I took many fearful entries
6) Taking trade in fear, seeing the price moving so fast and entering at last instant highest/lowest candle
7) Used full margin if trading Cash Market.
8) Exiting too early from a winning trade(I am Scalper) and taking another trade(2nd Scalp Trade) that is a bigger loss and the day ends in a net loss.
9)

My most money gone in trading stock future.
For Example-My account size was 35000rs and I traded Tatasteel Future,margin was some 20000rs.
(Right thing would be-I should have traded Tatasteel Equity Cash with 100-200 shares.)

Last week I took Relinfra Fut trade and made a loss of 6000rs.IF..If the target achieved I would have made 3000rs.
This all happening because-I want to recover my all losses and I want to move forward.

Question of Growth-

Now,I realized that I was trading with wrong MM,wrong RR and wrong expectations.
All these expectation has been broken down,so this query,please do reply-

I cant add more money.If I do only cash market intraday trading with this remaining amount,then-
1) What will be my growth rate?
-Because I was expecting making 1 lakh per month lol
Now seriously,I see,only 4000-5000rs can be made on this 65k.

2)I am a Scalper all these 4years.
-If I buy say 100 shares @ 400rs,they all don’t get execute @400rs
10@ 400
12@ 400.05
[email protected]
50@ 400.15

But Future has a bundle of 1500 shares,so no prob of execution, thus I got attracted to it.But as per MM/RR,I cant do it.
How should I handle this? Because I will be doing scalping again if I do cash market.
3) How should I monitor 5-10 scrips?
4) Should I do NF with 1 lot or 1 lot option?

Many more queries but for now only 4 above.

Thanks
 
vijkris

vijkris

Learner and Follower
#2
#2
Sapna. said:
I am following this thread from last 4years anonymously, but never take any participation.
I request ST Dada and other traders to put your views on this small query of mine.

The Mistake-

In last 4 years,I lost 85000rs trading NF,NF Option,Stock Futures and Cash Market.
Loss of 85000rs is big as I belong to Middle Class Family.
I have left with 65000rs.

Loss Seasons are-
1) Tukka Trades
2) Trading without SL
3) RR/MM not taken into the consideration
4) Running behind the trade
5) After loss, I took many fearful entries
6) Taking trade in fear, seeing the price moving so fast and entering at last instant highest/lowest candle
7) Used full margin if trading Cash Market.
8) Exiting too early from a winning trade(I am Scalper) and taking another trade(2nd Scalp Trade) that is a bigger loss and the day ends in a net loss.
9)

My most money gone in trading stock future.
For Example-My account size was 35000rs and I traded Tatasteel Future,margin was some 20000rs.(Right thing would be-I should have traded Tatasteel Equity Cash with 100-200 shares.)


Last week I took Relinfra Fut trade and made a loss of 6000rs.IF..If the target achieved I would have made 3000rs.
This all happening because-I want to recover my all losses and I want to move forward.

Question of Growth-

Now,I realized that I was trading with wrong MM,wrong RR and wrong expectations.
All these expectation has been broken down,so this query,please do reply-

I cant add more money.If I do only cash market intraday trading with this remaining amount,then-
1) What will be my growth rate?
-Because I was expecting making 1 lakh per month lol
Now seriously,I see,only 4000-5000rs can be made on this 65k.

2)I am a Scalper all these 4years.
-If I buy say 100 shares @ 400rs,they all don’t get execute @400rs
10@ 400
12@ 400.05
[email protected]
50@ 400.15

But Future has a bundle of 1500 shares,so no prob of execution, thus I got attracted to it.But as per MM/RR,I cant do it.
How should I handle this? Because I will be doing scalping again if I do cash market.
3) How should I monitor 5-10 scrips?
4) Should I do NF with 1 lot or 1 lot option?

Many more queries but for now only 4 above.

Thanks
Click to expand...
hi, I ll attempt to answer few queries.
nice to know that u understood abt risk mgmt. 65k is not enough to enter any fut contract.
if possible go through http://www.traderji.com/trading-dia...ew-way-pivot-trading-vwap-41.html#post1131836
I hope u started using SL for your trades as position size depends on ur SL.

1. first create a proper method. know the strengths and weakness of your method.

2. trade in cash segment only. choose highly liquid nifty 50 stocks eg. rcap,rinfra,tatasteel, tatamotors,sbin etc

3. growth rate depends on ur psychological ability to enter and exit properly, and also on ur method. it should be tested and make sure that it is a profitable method.
I m sure if method,psych etc. is good u ll make more than 10% of 65k, in a month.
if u follow 1:1 R:R then u need only 50% accurate trades to breakeven.

4. the eg. u mentioned abt part execution happens in illiquid scrips that too when market orders is used .
still YES that's a possibility. it is called slippage and it happens. but that should not be a reason not to trade EQ.
if your entry direction is correct then that 400 rs stock will move upto
401 for sure.

5. Which broker u r using? try to find good discount broker.

6. if u can find a trade in NF with sl 0f 8 rs or less then go for it.
7. instead of monitoring so many scrips. concenterate on any 2 first.

Happy Trading :thumb:
 
S

Sapna.

New Member
#5
#5
@TP Sir,Pls check my profile.
Looks like it got merged with my old ID on TJ which I failed to recover.So created this new ID after a long time.

But,when I check my profile I see 0 posts made and summary of old profile.

Please do the needful :)
 
vijkris

vijkris

Learner and Follower
#7
#7
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