I am back. I used to trade for a brief time and lost all my money. Initially i was cautious and made good money but later on began doing lots of bullshit thinking, got arrogant, my gambling instinct was in high gear, and basically i was doing everything i shouldnt. i put more...
I am not an expert, just compared the historical price movements of the metals and shorting from their highs using meta trader 4 software to know the trend. not foolproof. am at a loss in the nickel trade. :)
Forgot to update yesterday, fell asleep
Copper shorted at 439, brought at 437 2 lots
nat gas one lot sold at 216, brought at 215
aluminium short one lot at 111.20, brought at 110.90
nickel 3 lots @ 925, now nickel at high 933
Hope it comes down or else my profit will be dented :(
Hi friends, I am a trader who had lost heavily in the equity markets and now have entered into commodities. I would like to get valuable suggestions from the seniors. I have studied it in depth and papertraded also because i do not want to make the same mistakes of arrogance, greed...
well honestly, it i dont know if u will believe it, but it was not greed. it was a feeling of gambling and the feeling that i am only using the profits from my trading, yeah overtrading. basically it was arrogance. now very very very careful
brother, earining 2000 is good, but holding on to that is difficult. i have made more than a lakh in the first half of a month and still ended up with a huge loss. Just be careful that u dont lose the money. no point in making a billion and losing it all. anubhavam guru
hello friends, I would like your help in getting started with amibroker. i downloaded the free version but know how to work with it. the help in amibroker is not very helpful. Would appreciate any help. :confused:
Hi folks, i have been day trading for the past 3 months. i used to paper trade for the 3 months before that. I made 12% on the first month and then lost 33% of my capital on the second due to arrogance, greed, overconfidence. I will have u know that i made 12& of my trading capital on the...