In last 2 years, I have tried almost everything available over the net to get success. Its not like that I have not been successful or hadn't some good trades but there was no consistency. Moreover one bad trade wiped all profits earned in several serious mind consuming trades. Emotions are always surpassed the rules set and a trade which can be ended in profit. finally gave loss. tried all reputed tipsters, in fact spend more than 80k on them for need of some good show but all in vain. Got a mere 17k which itself is termed as loss as I spend more than quadruple to get the entry. Story is very long........
but my profession helped me a lot and I started developing some excels and logics in amibroker/ dotnet/ java which can help me taking decision and I am determined to trade emotionless. By chance my luck landed me in a team of developers which are in project of developing algo for reputed broking firm
Although I was chosen because of code work behind main scene and my depth of knowledge about market but I got to know the true perspective of trading that doesn't involve right or wrong trades rather discipline and only discipline. How to be in a trade which is profitable for as long as you can and how to get out quickly from an one who's making loss.
Now its a rebirth of my trading career, I have reinvested 50k in trading account and will try to fetch 15% monthly, if it happened every month for atleast 24 months then i will quit job in 2-3 years and pursue trading as sole bread earner. Still I didnt developed any craze for maintaining any ledger or account for profit so I will keep account here in this thread for all my decisions. All of my trades are either intraday or max holding for 3-4 days
I started with my 1st trade on friday which gave me aroung 1400
so, so far earned 2.8% on capital
.