tag:blogger.com,1999:blog-27323809.post1668435195834784955..comments2023-10-19T20:31:21.130+05:30Comments on Rish Trader: >Futures the luring GhostRishhttp://www.blogger.com/profile/17683893104402270273noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-27323809.post-37645938944547664652008-05-07T19:35:00.000+05:302008-05-07T19:35:00.000+05:30Good one.I am 32 now and used to trade Nifty about...Good one.<BR/><BR/>I am 32 now and used to trade Nifty about 3 years back.<BR/><BR/>I made money and lost it too! I am a very very small time trader and used to trade only one nifty lot. So, my losses didn't cost me a good nights' sleep.<BR/><BR/>I stopped trading futures then, but for a temporary reason. In the mean time I have kept in touch with the markets and am planning to get back to Nifty.<BR/><BR/>"Stop loss" is the key to any kind of trading, which I have also learnt a hard way :)<BR/><BR/>Hope I will be making decent money, if not minting it at all!!<BR/><BR/>Thanks and Happy trading!!!Traderhttps://www.blogger.com/profile/08085422116937202220noreply@blogger.comtag:blogger.com,1999:blog-27323809.post-42837817424301938392008-05-06T20:05:00.000+05:302008-05-06T20:05:00.000+05:30S, Nice article. Would like to share my experience...S, Nice article. Would like to share my experience:<BR/><BR/>Like our young CA friend, I too lost a lot of money in Futures (more than 20 Lacs). But I did not want to give up until I found the secret of those 10% people who make money. <BR/><BR/>And finally I found the secret.<BR/><BR/>It is called the "Stop Loss"<BR/><BR/>It is of course an open secret, but seems very difficult to follow. Once I started following it, I gained back all the money lost and some more. (Rish's recommendations helped a lot)<BR/><BR/>So "Stop Loss" and "Trailing Stop Loss" are the only things we need to follow once we identify a good trade.<BR/><BR/>Easier said than done - that's why only 10% of them do.Indeevarhttps://www.blogger.com/profile/11575918142982859014noreply@blogger.comtag:blogger.com,1999:blog-27323809.post-91497593216990570802008-05-04T21:57:00.000+05:302008-05-04T21:57:00.000+05:30Good article...I am young... Chartered Accoutatant...Good article...<BR/><BR/>I am young... Chartered Accoutatant...<BR/><BR/>Started "learning" future & options since i was 21-22...<BR/><BR/>I thought i thoroghly understood it... started doing it when i was 25.<BR/><BR/>Lost my all income of my first year of CA practice in first few trades.<BR/><BR/>in total lost 3 Lacs at the age of 27... and decided to stop... after giving one last chance..<BR/><BR/>In, the last trade I made 1 Lacs..<BR/>so i determinatly quit F&O with 2 Lacs loss...<BR/><BR/>Rather than money, you loose much more stuff.. and more important stuff..<BR/><BR/>You loose your focus,,, you buy worries and tension which reduces your work capablities in other areas..<BR/><BR/>I am 27, just watching how future working in india and US...<BR/><BR/>only one word for F&O "DEADLY WEAPONS OF MASS DESTRUCTION"<BR/><BR/>Thanks for the small article..<BR/>god bless you.Abhayhttps://www.blogger.com/profile/09132975349480543817noreply@blogger.com