Rs 20k to 20 L .....in 12 months time..

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marimuthu13

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#32
i suppose 2% risk rule cant be applied here as 2% of 20k=400 rs i.e 4 crude mega points. i m sure that much tight sl is not possible. :(

so wat is ur risk mgmt?
Bro, in my all trades I am going risk only 5 points plus one point for expenses..so 6 point's risk per trade....that means 3 % risk per trade... also note that my reward is going to be anywhere around 15 point's to 40 point's....so I feel 3% risk per trade is okay
 
#39
Good Morning All,

As we have seen many such threads like our title says, here one main different thing that i am going to try is

I am going to trade with any 5 peoples who willing to take risk , to achieve these target,. If they are in loss, then i will give them money that they lost...Maximum they can loose only 20k as they investment itself for 20k, so maximum i can loose only 120k (6*20k) including my loss..


Trading instrument will be only crude oil in MCX.

ONLY intraday.

Time frame - NIL...as i trade only pivots levels. ( i am scared to look at price when it is in action. (Price action - LOL) )

my trading numbers will be open to all and will be posting every day morning....but trading those numbers will be random as market itself moving in random manner. Mostly will try to buy at support, sell at resistance...with R:R of 1:3&4&5

games starts from 1st Aug'16. ends on 31st July'17 or reaching 20L whichever happens first.

nominations are welcome for 5 members from TJ.

only condition is members who joined before me in TJ, that's before 23rd Apr'11.

those 5 members will be doing risk free trades, others can also follow on their own risk.

Other minor conditions.

Brakeven should be less than 1 points per trade. (SAMCO, ZERODHA, RK Global)

should be able to trade crude mega with even 10k, ( but as per plan we trade only 20K) (SAMCO, ZERODHA, RK Global)

should trade as per my entry/exit without using ur TA/FA etc etc..

missing of some of my trades are ok, but wrong trade which results in loss not accpetable.

any questions please let me know..

TRADE PLAN WILL FOLLOW SHORTLY.

PS:
Please note that i am not looking at any financial benefits out OF this context. so plz dont ask me anything related to this .. IF EVERYTHING GOES OK, AND TARGET ACHIEVED AS PER PLAN, THEN I JUST WOULD LIKE TO DEDICATE THIS THREAD TO SOME OF THE RESPECTFUL PERSON'S IN TJ.THATS ALL.
New sexy avatar :clapping::clapping::clapping:
 
#40
guys.. plz encorage this guy..... he gave dare challenge..

plz dont ask for losss money..

guyes who r ready to risk of 20k only participate... dont ask for compensation from this guy...

he took responsible.... encourage him....... we already made more than 20k loss in one day......

take it as new challenge......
 
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