Monthly profit /loss statistics

Planned to record Monthly profit/loss in percentage wise of the trading capital .


If interested please post yours status .. let see what going on ..

if you are posting better come and update in the same post when u feel so rather new post.


the main objective is to give confident that Money can be made by trading( if it really possible ??) for those who may be already crossed 90% of long hard path ..

Mar-2015

Update date : 17th March .. -15% of the trading capital.

anything above 0% means in profit.

As a full time professional trader,I shall answer your question.... For any trader who treats Shares and Commodities trading as a full time business,two fundamental requirements ,that is a capital of minimum 10 lacs ( one would need at least this much for any reasonable business )and disciplined time of 9 a.m to till market closing,the profit every month,after all expenses should be around 10 % on investment.Another important requirement is to have own strategy , strict money management without taking exposure limit. And last but not the least,one should have an perfect exit strategy. Exiting the positions taken at correct time requires more skill than entering !!

thx .. but i plan to record not only mine but others (who are interested) their monthly profit or loss in terms of percentage of trading capital.

if intrested please post for march how much your trading capital grown in %...

Day 1

Down 0.8%
Stocks Traded : auropharma, jindalsteel
Strategy : tukka trading

Take baby steps but concentrate on consistancy, dont trade for windfall profits ( or loss it the trade fails )but steady consistant profits every month. First try to make 5-10 % then 10-15 % then 15-20 % and then even above that range in a month.

Smart_trade

Smart Trade, I have seen your other posts. Really nice. Have these scenario on profit/consistency :

1. A trader fixes 1-2 methods and trdes everyday. Sm day in profit, sm day loss. Overall month ends positive. In few months, he has many days with small losses but he sticks to the same rules. Advantage - he takes less number of trades. Disadvantage - profits are small few months are BE.

2. Trader has 4-5 rules. He tries to be profitable everyday by trading according to the scenario smtimes he misses trades coz having 4-5 rules confused him. Month ends positive. Advantage - target is to be profitable evryday so he is. Disadvantage - overtrading


Now which trader according to your experience is doing good ?

Thanks.

85 % on capital, monthly ?? This is HUGE...:clap:

Your post indicated that you have a valid point to ask...but I am not able to correctly understand you. I tried to put my remarks with bold and underlined part in the question itself....but frankly I have not understood the question correctly...so not able to give my views....apologies.

May be someone else could help you.

Smart_trade

That means 15 % negative....as he is saying above 100 % is profits...

Smart_trade