how 2 overcome dis serious prb

well said,for smetym I shud trd 100,den 200,den 300Q lyk dat.
1ce I get my confidenc bck den no prb wid xzecution.

thx vij,TraderRavi,travi,timepass,vagar11 and TracerBullet

Bhai, EOD me line marna aasan hai, real time me single share ke saath kar patte ho kya?

chart bhi clear trend day ka hai, aise kitne din hote hai, mahine mein sirf 2-3

Yaha to 2rs milte he exit ho jata hai baki trail mood ho to. Bhai ne to add bhi kiya hai.

hi,my prb is unable 2 pull a trigger in stockfut frm smetym,bt i'm doin gud in EQ.
dats y dis thread,in a hope dat sme1 throw pnts n I'd get on a trck again.

if it were EQ chrt,i'd hv trded d same way,bt i fail in f&o.
d purpoz of chrt 2 tell ya-1)i hv a method,undrstnd pvots,entry-exit-add
2)sl is jst 1r @TraderRavi

really dnt wnted 2 show off eod markin lines..inspite of dcent method lackin xzecution,how 2 ovrcum dis serious prb,is d only qury

u dnt use ny levrage like 1:3 20k=60k?

if u hv 10 losses in a row i.e,2k loss,how mch tym it'd take 2 rcovr it?
pls help me wid small excel sheet 2 undrstnd dis mm

be capitalized enough and dont look at P&L, may be this will help.:thumb::thumb::thumb:

My views on this issue as two viz., MTM and Psychology

MTM

Gross under capitalising is the root problem.

Nifty futures is costing about Rs.6.30 lakhs without leverage for one lot. If we make 200 points with 1 lot Nifty we are making Rs.15K. This translates into 2.3% on capital without leverage. If we see in isolation without considering leverage it amounts to 35%. This is profit wise.

If we make a loss of 200 points it translates into 35% loss with leverage. Without leverage we made a loss of 2.3% loss. The drawdown in case of without leverage it is merely 2.3% but with leverage it is 35%. Further in case of with leverage trading, you have no capital further.

Psychology

We have been nurtured and brought up to do right things. As such, we do right things. In a sense, we cannot be wrong whatever we do. The trading proves us to be wrong about 50% of the time. But our psychology wont allow us to be wrong in our deeds. Hence we try to force on our trades to be right even though they are wrong. This is the most important aspect we need to tackle before embarking on trading.

We should train ourselves to be looser on 50% of the decisions we make in our trading. Loosing trades are to be closely guarded consciously by taking small losses. This takes much time to sink into our subscious mind which is responsible for most of decisions.

You will be wrong in the trade. What is the cost of being wrong? Every trade should be consciously approached as it is going to be a looser.

Trading is a beast which tricks you to do nasty things. For example, we average a loosing trade instead of killing it when it hits Stop Loss. And this proves to be a winning trade. It makes you to do average a loosing trade. As it goes, your 10 trades will turn into profits. One day, you will get struck in a wrong direction, you will keep averaging the trade, and it will never turn up...and you will loose heavily more than what you made on 10 trades and somemore.

First thing to master in trading is to manage loosers effectively. No matter what market does, you need to exist on SL hit. The market may move in your direction after SL hit, but that is the trick which succumbs you into large and big looser. This should be guarded effectively.

1. MIS leverage is 10x , i think, depends on the script. I already gave real eg. of my sl. So usually its 2 rs for my scrips. Sbi- 1 rs.
I trade max 2 positions. Each position risk is approx 0.5 - 0.8 %.

So in that sense i am using leverage properly, so that the remaining part of capital earns 4% in Savings a/c. :thumb:

2. Sorry bro, i don have any excel sheets. Nor can I predict how much time it will take to cover the losses.
10 losses is a huge blow to psyche, i ll probably take a cue from Rahul Gandhi and go for hibernation until the cause is found.

Never faced the situation, so i really don know wht will i do in that case.

With 1:2 target system, even 40% hit rate will result in net profits. Thats what i m aiming for.

:lol::lol::lol::rofl::rofl::rofl: