"NOW YOU SEE ME" - The Secret Cult Kings of Trading

M

Monk Trader

New Member
#1
#1
Hello Friends,
I have been trading for a long time without success, recently developed a new strategy & it works like a charm but I am still in loss, dnt seem to pinpoint where I am going wrong, its been a long hard working painful journey, I gave away my entire professional Life & sort of personal life too so I dnt want to quit it now when I am so near to achieve my life's only goal of being a professional trader.

Now lets come to this thread:
I truly believe that the strategy I am following is being followed by THE BIG BOYS(The Kings) of trading, I can see it from my eyes & feel it in successful trades, what I have found that Best Traders hunt in packs & take the same trades, they might be using different strategies but they definitely work on same level of collective Brain frequency.
In this thread i'l be posting my live trades in the hope that one of The Big Boys(TopGun, The King) might see me struggling with the right system but lacking a little bit so will have some sort of sympathy towards me & will pick me up & fine tune my silly mistakes & welcome me in the club just like in the movie..... "NOW YOU SEE ME"
I can be very useful for him/her as an assistant which will reduce his/her workload a little bit.
Will start it from today a new Month which is coincidentally my birthday Month.
Thanks.
 
M

Monk Trader

New Member
#3
#3
You are right My friend & there is a reason for it:
As I said most of the Successful traders take same trades so liquidity becomes a problem, order fill is an issue for professional traders(talking about stocks & even commodities trading on mcx).
So they want to help people like me but dnt help because if they start helping everybody & everybody starts taking the same trades then their strategy will stop working, remember it's a zero sum game, all can't be winner in this business.
One more reason is that all the great professional traders struggled & slogged their way towards being a successful trader so they understand the value of it.

Now why I think that they might help me out because I can be very useful for them for getting more trades because more trades means more profits so i'l fit in as an assistant to them but for that i'l have to prove that I can be useful for them so i'l be posting my live trades from today onwards.
Thanks :)
 
Last edited:
wisp

wisp

Well-Known Member
#4
#4
Monk Trader said:
Hello Friends,
I have been trading for a long time without success, recently developed a new strategy & it works like a charm but I am still in loss, dnt seem to pinpoint where I am going wrong, its been a long hard working painful journey, I gave away my entire professional Life & sort of personal life too so I dnt want to quit it now when I am so near to achieve my life's only goal of being a professional trader.

Now lets come to this thread:
I truly believe that the strategy I am following is being followed by THE BIG BOYS(The Kings) of trading, I can see it from my eyes & feel it in successful trades, what I have found that Best Traders hunt in packs & take the same trades, they might be using different strategies but they definitely work on same level of collective Brain frequency.
In this thread i'l be posting my live trades in the hope that one of The Big Boys(TopGun, The King) might see me struggling with the right system but lacking a little bit so will have some sort of sympathy towards me & will pick me up & fine tune my silly mistakes & welcome me in the club just like in the movie..... "NOW YOU SEE ME"
I can be very useful for him/her as an assistant which will reduce his/her workload a little bit.
Will start it from today a new Month which is coincidentally my birthday Month.
Thanks.
Click to expand...
Sad to read this. Which methods did you try and did you identify any weaknesses in your trade execution?
 
M

Monk Trader

New Member
#5
#5
Thanks for asking Sir,
Its largely because of Impatience & silly mistakes.
For Example: I just have 5 key rules to get into a trade & still while trading i somehow forget to see one rule or another on live chart, its so annoying to do it again & again.
Rules are very simple does not involve any repainting/fancy/tricky indicator or a system which needs very fast execution of trades, its simple & easy still i repeat same mistakes again and again as if i get hypnotised during market, its taking a toll on my self confidence, i have been academically good so can't blame my brain for it so what's the reason why i cant execute those easy five rules, i just keep asking this question to myself, with the help of this thread i am looking for answers.

As far as strategy is concerned its a very simple strategy and i am very sure that most of the Big Boys must be trading it, i'l start posting my trades hoping that one of the Big Boys might see this thread & pick me up for good.
Thanks.
 
N

niftytraps

Active Member
#6
#6
Dear bro.

Have you Backtested your stretagy for entry , exit , trailing , profit booking criteria over the period of 5 years data?

If one have sufficiently backtested one's stretagy .. then should start with small capital .

then slowly increase your capital. when u gain confidence in real market.

Your issue seems to be Either you haven't done required homework or
trading with scared money
 
M

Monk Trader

New Member
#7
#7
Yes Brother,
I have backtested the strategy although not for 5 years but last 3 years.
Problem is that the nature of this strategy is such that it can't be coded for programmed backtesting so i had to do it manually which gave 70% success ratio with R:R of 1:2.
I even traded it on paper for 3 months which resulted in whopping 80% success ratio, i had planned for 6 months paper trading but overjoyed by the success my mind started playing games i thought with this kind of success ratio & R:R even if i'l make few mistakes then also i should be in good profits & it really started well i had 4 consecutive profitable trades and then downward journey started again.

You are right scared money trading could be one of the reasons as a result of losing money for a long time, i am little scared to get into right trades psychologically.

Thanks.
 
Last edited:
M

Monk Trader

New Member
#10
#10
You are absolutely right Sir,
This is the right way of doing it but problem is that I trade futures, my strategy is based on fno so can't trade equity.
Second thing is that trading with small amount is excellent idea to protect the capital & I have tried it many times before, it works very well but what I have observed is that with small capital that additional psychological pressure doesn't come which is there while trading with bigger amounts.
Eventually I'l have to learn to take the heat otherwise there is no point trading.
Thanks.
 
You must log in or register to reply here.
Thread starter Similar threads Forum Replies Date
arjundas Do you believe in Secret trading strategies Equities 5
P Trading Secret!!! Technical Analysis 2
GuluGulu My Secret NIFTY Trading Method which never failed. Derivatives 6
S Need help_Account locked and I forgot my secret answer in Sharekhan Introductions 3
T Secret Trading Tip: What is day trading? Day Trading 1

Similar threads