Come into the Trader's Den

:rofl:

:clap:

:thumb:

Sis again bina maange ki sallah from me:lol:
If you are married stay away from F&O
If you are unmarried stay away from trading:thumb:
with this I mean be a good investor chose MF route to make ur wealth and invest in stock mkt with only 25% of funds you have and invest in some good stock with your system so you wont panic if that fall much below your expectation
balance 75% invest in STP (Systematic Transfer Plan) of any good MF but my choice is Reliance MF
Invest in Reliance medium term fund and make a SIP in Reliance vision fund or Regular saving fund dividend or growth option:thumb:
Reason for chosing Reliance medium term for STP is no exit load in this debt fund
If an investor had made only Rs 1000 / SIP in MF 10yr ago must b standing at Rs 33lac from 120000Rs That is power of compounding
sorry for making mess in this thread thinking to start a new thread of Investors den or Dong Kabhi wrong nahi ho sakta:lol:

Thanks for ur advice PTBhai. I know u always ask me to stay away,but please let me try till august of this year or else will go back to stocks.
When i was trading stocks,things were going fine,so why cant fut?Only things fouling my game r my emotions and bank balance .

Try karte rehne do Praveen bhai....instead just trade with lesser money. If you want to trade and learn options then same can be done with 10,000 also...and for futures can be done with 27000 in nifty...untill you are not sure, dont put in large money...Also if you dont want to risk that much, then paper trade honestly...you will definitely achieve some thing...all you need to do is calm your mind a bit. Negative emotions bring in negative trades, so cover that.

And over period of time i have noticed that, trading gets difficult when we are limited by time and money...means a person should be financially and mentally free for trading...so squareoff that august thing....you want you can take a break or set of holidays..

Nice ........Thanks so we can say a move in market is more probably continue for some time ??

bhai telling this to arti or annu

regards

annu

:rofl:

Rajputz.. Congratuations for achieving this personal milestone.
Changing our own mindset/belief is difficult and it is lot more difficult to change other person's mindset.

Well done..maintain the trust u have won from them and don't let them down in future.

Annu, I sincerely appreciate your committment to trading profession which made you put a promise here in this virutal Den in front of fellow trader.
I am sure, others will extend you support wherever you need.. Always count me in, if I can be of any help to you.

All the best.

Thanks Sekhar (or chandra) for sharing your story.
And congratulation for turning your P&L and getting on top of your personal finances by closing your loans.

I slightly disagree with your view that u can't trade with other full time job.
In my view, it is matter of finding right trading approach/system to trade. Certainly u can't daytrade..but you can always position trade/ swing trade daily chart. If you commit to find our how to trade actively in parallel to your job, you will be able to find the solution. Certainly Daytrading is not the solution. But who says that Active trading = daytrading. I konw people who put 6 to 8 trades in a month and earn their living thru trading. They do other things in remaining time.

(by the way, I was in IT and I can very well relate to what ur views on job satisfaction). Why not take trading as if you are starting your business. When someone starts new business, they start working on it besides their regular job. They get the ball rolling. And once they start seeing their idea takeoff and start producing small result.. then they focus 100% on it and give up the job. In my view, it is foolishness to give up your bread-butter job without having any REAL source of income.

And certainly, like any other profession, trading also needs its own prepration time before showing u the result.

Just sharing my views here...

Have enjoyable trading