General Trading Chat

vivektrader

In persuit of financial independence.
Can someone please translate that video? What is the gist of it?
In two lines:
1.While amateurs go broke by taking large losses,professionals go broke by taking small profits.---Seems Familiar:)
2.Let the profits run (as profits can manage themselves),cut losses fast.
 

vagar11

Well-Known Member
I am not in any whatsapp group.

Most probably obv thread participants must have formed WA group. :(
obv walo ka pta nahi.

In my group, more than 50% are full time/professional traders. Some trades for FIIs also. I won't be able to add if anyone requests as I am not the admin.

Traderji members can also form a watsapp trading group, who are trading same methods.
 

vagar11

Well-Known Member
Can someone please translate that video? What is the gist of it?
Nothing new. Zero sum game. Let profit run and cut losses.

New traders takes trades for the purpose of excitement. Don't want to take losses. Trading is boring at the last stage when one makes profit.
 
Great video. Last year one time I have came to know about that website. Strictly followed in paper trade two calls given by them. Both were in loss. It was in the month of May or June as far as I can remember.

But just a thought, if market is giving so much then why workshop and why the website and all.

I think in this world I am and my views are backwardish.

As u r earning from trading u should earn from others also. By any means.
We just see the video,and it talks about good trading principles....about website ,workshops,and trading calls ,I have no idea,....saw this video on utube and thought it may be useful.

We should trade based on our own analysis.

Smart_trade
 
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Sirji, I would never want to cross paths but if belly is increasing in size along the way,
it means another dept. is deprived :p
Lets pray that traders have a good bank balance and solid abs :)
Could not understand what you meant by belly is increasing ....etc..the video talks about cutting losses quickly and holding the winners and that is a good trading practice. You don't agree with it ?

Smart_trade
 
True!! Was backtesting tonight, but on past 1000s of trades.... Logged into traderji now, when I got fed up of the systems not giving satisfactory results.
It is extremely difficult to find a totally mechanical system in futures trading which works in all kind of markets giving superior returns with same parameters and which has success rate,RR ,drawdowns matching our comfort levels.If we satisfy most of the criteria then the returns are average.

Smart_trade
 

vijkris

Learner and Follower
True!! Was backtesting tonight, but on past 1000s of trades.... Logged into traderji now, when I got fed up of the systems not giving satisfactory results.
Oh thank you, I am not alone.:D
Myself also fed up of the so called mechanical systems not giving satisfactory results.:annoyed:
 

wisp

Well-Known Member
Oh thank you, I am not alone.:D
Myself also fed up of the so called mechanical systems not giving satisfactory results.:annoyed:
Bro, OBV is not the system you should have spent time backtesting 1000 charts IMHO. By the time you do backtesting some 60 days or so, you will have a pretty good idea whether things are worth backtesting further or not .
 
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Subhadip

Well-Known Member
We just see the video,and it talks about good trading principles....about website ,workshops,and trading calls ,I have no idea,....saw this video on utube and thought it may be useful.

We should trade based on our own analysis.

Smart_trade
Exactly sir.

Just given the feedback of their website.
 

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