Delivery Calls
- Thread starter Jai.Shewaramani
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Hi Jai,
I Am A New Member And Have Read Ur Posts.i Am New To Trading And Still Learning .unitech Is At 395 Today.do U Think Its A Good Buy At This Price?do U Think Its Good For Swing Trading?
I Am A New Member And Have Read Ur Posts.i Am New To Trading And Still Learning .unitech Is At 395 Today.do U Think Its A Good Buy At This Price?do U Think Its Good For Swing Trading?
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Hi Jai,
Your plan seem intersting. Can I start from the 12th month directly in your monthly 5000 Plan.?
Thanks,
Milind
Your plan seem intersting. Can I start from the 12th month directly in your monthly 5000 Plan.?
Thanks,
Milind
I have created this after much consideration and have used all my knowledge and expereince to come up with this so to make it safe and effective. If you start with 155,000 then your risk is 62,000 (40% of your account), which will pinch your pocket if you aren't successful. But a a 10k loss (40% of 25k), will not pinch your pocket. Moreover, it gets more and more difficult as each month passes by. You cannot possibily make it thru if you aren't aware of the basic working of the system. That is why I strongly recommend that you start with a 25k account and move on gradually. Once you start using this plan, you will realise that it would be difficult to even get thru the first 6 months of this plan, set aside the 2nd year.
but who would give the advice on stocks to buy which will give us this much of return
Hi Jai
Do you have a trading system that can make Rs. 5,000 consistently every month per 25,000
If you have one Could you explain
Thanks
ken
Do you have a trading system that can make Rs. 5,000 consistently every month per 25,000
If you have one Could you explain
Thanks
ken
dear jai
thanks for explaining ur plan. one more thing. can u plz. tell us which system u adopt to give u 20% return? u must have tested it.
regards
hmp
thanks for explaining ur plan. one more thing. can u plz. tell us which system u adopt to give u 20% return? u must have tested it.
regards
hmp
Jai,
this is the first time I am reading some of your posts and that too about this trading plan.
It's not a bad idea at all. I tell, that everyone should have a similar trading plan like this, if not the same plan of Jai. You can tweak the Jai's trading plan a bit to suit your mentality but not the rules. The rules are absolutely universal.
I myself would not prefer to double my earning after xx months, instead i will go for a gradual 10-20% increase in my monthly earning from the previous month earnings. You can first have a fixed 6 months or 1 year earning, after that you can start increasing the % earning in upward direction. But never lower your earning % (dont make it negative to pervious month). You can be at liberty to leave the % jump to zero also but not minus.
As Jai, said, first have a trading plan which necessitates you to have a good trading system. To have a trading system, you need to at least learn the funda's of TA ( I discount FA, since most FA players are investors rather than traders).
Also, have a trading record book. write your views on market, hypothesis, what you thought, what happened? etc etc.
I read someone told 5 years is too long. If 5 years is too long in markets, better quit it. Those who think in that fashion aren't fit for market at all.
trading is also like anyother profession, which gives you the liberty to sit and trade in any place in this world. Flexible timings, trade at your wish, take a long break, no need to say those salam's to your BOSS.
You are a free bird, as long as you escape from the vultures...
Trading is a passion..
Happy Trading..
Satya
this is the first time I am reading some of your posts and that too about this trading plan.
It's not a bad idea at all. I tell, that everyone should have a similar trading plan like this, if not the same plan of Jai. You can tweak the Jai's trading plan a bit to suit your mentality but not the rules. The rules are absolutely universal.
I myself would not prefer to double my earning after xx months, instead i will go for a gradual 10-20% increase in my monthly earning from the previous month earnings. You can first have a fixed 6 months or 1 year earning, after that you can start increasing the % earning in upward direction. But never lower your earning % (dont make it negative to pervious month). You can be at liberty to leave the % jump to zero also but not minus.
As Jai, said, first have a trading plan which necessitates you to have a good trading system. To have a trading system, you need to at least learn the funda's of TA ( I discount FA, since most FA players are investors rather than traders).
Also, have a trading record book. write your views on market, hypothesis, what you thought, what happened? etc etc.
I read someone told 5 years is too long. If 5 years is too long in markets, better quit it. Those who think in that fashion aren't fit for market at all.
trading is also like anyother profession, which gives you the liberty to sit and trade in any place in this world. Flexible timings, trade at your wish, take a long break, no need to say those salam's to your BOSS.
You are a free bird, as long as you escape from the vultures...
Trading is a passion..
Happy Trading..
Satya
There's another trading strategy that can help newbies avoid losing big amounts in a very short period. I call it "Compounding your risks"
Here's how it works. You 1st decide the risk you are willing to take per trade. Let's assume that you say that 5% of the capital is all you want to risk for a particular trade. Lets assume your capital is 100,000. So now you would risk only 5,000 in a trade. Say if you want to buy a share priced @ 1000 with a stop loss of 50 rs. So you would buy 5,000 / 50rs. = 100 shares.
If you stop is hit, then your next trade risk would be 5% of 95,000 = 4,750 rs.
This is known as money management, which is a very important aspect of trading. Using this method, you will need to have 13 losing trades in a row to get your equity to 51,334. Assuming if you do have 13 losing trades in a row, that's a clear message that trading is not meant for you. You can also lower your risk, by risking only 2% instead of 5%. Using a 2% risk model strategy, your equity will be cut to half if you have 34 losing trades in a row.
Jai Shewaramani
Here's how it works. You 1st decide the risk you are willing to take per trade. Let's assume that you say that 5% of the capital is all you want to risk for a particular trade. Lets assume your capital is 100,000. So now you would risk only 5,000 in a trade. Say if you want to buy a share priced @ 1000 with a stop loss of 50 rs. So you would buy 5,000 / 50rs. = 100 shares.
If you stop is hit, then your next trade risk would be 5% of 95,000 = 4,750 rs.
This is known as money management, which is a very important aspect of trading. Using this method, you will need to have 13 losing trades in a row to get your equity to 51,334. Assuming if you do have 13 losing trades in a row, that's a clear message that trading is not meant for you. You can also lower your risk, by risking only 2% instead of 5%. Using a 2% risk model strategy, your equity will be cut to half if you have 34 losing trades in a row.
Jai Shewaramani
Hi Jai,
Please can you opinion abt TechMahindra and Indiabulls.As I had entered Techm @787(Few days back) and Indiabulls @485 (recently) ..
I prefer to do swing trading..
Regards,
Raju
Please can you opinion abt TechMahindra and Indiabulls.As I had entered Techm @787(Few days back) and Indiabulls @485 (recently) ..
I prefer to do swing trading..
Regards,
Raju
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