My trading diary--A disaster

#1
Hello friends,

At last I joined traderji.My english is not super,please forgive me if I make some grammatical mistake.

I was/am an investor with delivery holding for a period of 2- 3 years.Makin higher TF.ng average of 15 % return anually.Recently I tried trading in Nifty futures with capital of 20000.I lost 6000 Rs.How you guys trade intraday !

I didn't put stop loss in my orders.At first it was good.Suddenly I lost 2000 3000 Rs in 1 2 trade.I am loosing my confidence..

Which time frame is good for trading.Shorter time frame too many ups and down and low profit.higher time frame big gain and also big loss.shorter TF gives early BO while thats not with the case of higher TF.

what would be the optimum risk reward ratio.1:1 or 1:2.
 

mohan.sic

Well-Known Member
#2
Hello friends,

At last I joined traderji.My english is not super,please forgive me if I make some grammatical mistake.

I was/am an investor with delivery holding for a period of 2- 3 years.Makin higher TF.ng average of 15 % return anually.Recently I tried trading in Nifty futures with capital of 20000.I lost 6000 Rs.How you guys trade intraday !

I didn't put stop loss in my orders.At first it was good.Suddenly I lost 2000 3000 Rs in 1 2 trade.I am loosing my confidence..

Which time frame is good for trading.Shorter time frame too many ups and down and low profit.higher time frame big gain and also big loss.shorter TF gives early BO while thats not with the case of higher TF.

what would be the optimum risk reward ratio.1:1 or 1:2.
Please dont go to nifty fut with 20k.
couple of wrong trades, you wont have sufficient margin for 3rd trade.
 

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