Again Good Morning All !!!!
Its time to realize what we are doing and where we are on now as we are nearing one compete month by tonight.
After understanding, analyzing various facts, i am sad to say that this experiment project is failure one now . As i repeated many times, IT IS A EXPERIMENT, and experiment has equal opportunity to both success and fail.
I have found below are the reasons for these failures which i feel strongly non -repairable.
1. Trading capital - 20K per Lot.
Though its proven for me to contain draw down to ensure to trade with 20k per lot, here in last 30 days i was more focused on protecting capital, thus not relaxing even 1-2 points on entry , thus causing us loose very nice trades opportunity. (Good thing is that SL is placed perfectly, no case reported that after Hitting SL, turn down to our way)
2. Trade plan change in between - Poor discipline
Reason for it, since putting in open forum about possible trades, there is a huge pressure on me which some times turns into negative stress, causing change in trade plan, thus causing loss or opportunity profit loss.
3. Excessive Pressure
This was i expected as i go open forum and post possible trades, but fancy title brings me excessive pressure and not able to withstand's it with my own capacity.
4. Intention is not met
My intention was to help atleast 5 people who lost money and confident in trading, give them some big money with small investment on my risk. But now i have understood whoever lost, will keep loosing only, irrespective of help offers from anyone by any means. Because Trader is more important than trading and as a trader who fail to control fear and greed, hopes, will continue to loss.
So i am ending my experimental project by tonight..
Now i Wish to sincerely thanks for Mr.Rajesh who was following vigorously with 101% discipline (he must be successful trader) and also would like to thank great ST da and TJ admins, all TJ ians, who encouraged me when i was feeling low.
Thanks and good luck to all trader's.
Its time to realize what we are doing and where we are on now as we are nearing one compete month by tonight.
After understanding, analyzing various facts, i am sad to say that this experiment project is failure one now . As i repeated many times, IT IS A EXPERIMENT, and experiment has equal opportunity to both success and fail.
I have found below are the reasons for these failures which i feel strongly non -repairable.
1. Trading capital - 20K per Lot.
Though its proven for me to contain draw down to ensure to trade with 20k per lot, here in last 30 days i was more focused on protecting capital, thus not relaxing even 1-2 points on entry , thus causing us loose very nice trades opportunity. (Good thing is that SL is placed perfectly, no case reported that after Hitting SL, turn down to our way)
2. Trade plan change in between - Poor discipline
Reason for it, since putting in open forum about possible trades, there is a huge pressure on me which some times turns into negative stress, causing change in trade plan, thus causing loss or opportunity profit loss.
3. Excessive Pressure
This was i expected as i go open forum and post possible trades, but fancy title brings me excessive pressure and not able to withstand's it with my own capacity.
4. Intention is not met
My intention was to help atleast 5 people who lost money and confident in trading, give them some big money with small investment on my risk. But now i have understood whoever lost, will keep loosing only, irrespective of help offers from anyone by any means. Because Trader is more important than trading and as a trader who fail to control fear and greed, hopes, will continue to loss.
So i am ending my experimental project by tonight..
Now i Wish to sincerely thanks for Mr.Rajesh who was following vigorously with 101% discipline (he must be successful trader) and also would like to thank great ST da and TJ admins, all TJ ians, who encouraged me when i was feeling low.
Thanks and good luck to all trader's.