Black Monday (15th Sept 2008) affect consolation - how much money we have lost?

How much have you lost?

  • More then 50 K but less then 1 lacs

    Votes: 0 0.0%
  • More then 1 lacs but less then 3 lacs

    Votes: 0 0.0%

  • Total voters
    15
#1
Black Monday affect - how much money you have lost?

so far I have lost 16K....:mad: :mad: :mad:

(This is after following Technical Analysis based Trading plan and applying strick Stop loss...the sliding sensex didnot give me chance to exist any sooner....)
 

oxusmorouz

Well-Known Member
#2
Black Monday affect - how much money you have lost?

so far I have lost 16K....:mad: :mad: :mad:

(This is after following Technical Analysis based Trading plan and applying strick Stop loss...the sliding sensex didnot give me chance to exist any sooner....)
Loss goes proportion to portfolio value. A 16k loss for an account of 3million is not equal to a 16k loss for an account of 30,000. Absolutes make no difference.
 

gunavadhi

Well-Known Member
#3
but my blackday started in last thursday itself.long in NF@4321 traded 2 lots.still holding.
 
#4
Black Monday affect - how much money you have lost?
I am in NO loss.

so far I have lost 16K....:mad: :mad: :mad:
Loss & gain are two sides of trading coin.

(This is after following Technical Analysis based Trading plan and applying strick Stop loss...the sliding sensex didnot give me chance to exist any sooner....)
I donn know which stocks u were holding. But sorry to say, most of the stocks were giving exit (long) signals before the black monday referred by u.
 

alokdaga

Active Member
#5
but my blackday started in last thursday itself.long in NF@4321 traded 2 lots.still holding.
I feel sorry for you. But this forum has some gem of threads on Nifty - Even if you could not have earned but you could have atleast exited your position which would have saved you a lot.

Look for the 60 min flow thread on Nifty. You might find it useful
 

ARMHM

Active Member
#6
On the contarary I have gained on Monday. Today again market is going to crash and I will be gaining. i.e. if it crashes otherwise I will not lose anything.
 

Pattel

Well-Known Member
#7
I earned the biggest profit in my short trading life on that black Monday. thanks to saint's flow method. was holding 4 lots of short.
 

Similar threads