Congrats to ALL - All Targets Reached

2 Responses to “Congrats to ALL - All Targets Reached”

1. shailesh Says:
   July 7th, 2007 at 3:15 am

   ok all target was achieved but why the stoploss triggerd yesterday i lost money in plethico because the sl reason so plz attention about it .

2. admin Says:
   July 8th, 2007 at 6:26 pm

   Hi Shailesh,

   Well indeed it’s recorded that stop loss was triggered first, and I too am aware as those scripts were the ones I played with on that particular day.

   I would like to clear certain points out here. I always play with two goals in mind -
   1> How to make maximum profit, and
   2> How to risk minimum loss.

   Any game has two sides, you either make profit or loose on something. Smartness is in the way we decide how much of each we leverage the best.

   One thing what you need to notice about the script is that if it would have gone below 340, anyone who would have invested in it had chances of loosing a lot of money and that’s the reason I had suggested a stop loss figure. Stop loss is like breaks to a bull run without which don’t dare to sit on the Bull :).

   The tips which I post have a lot of work behind it. Before I publish these scripts, I ensure that considerable amount of home work is and I try to make calls that work positive. Much to the contrary, things at times do not go the way we expect them to.

   I too lost 5rs per share when trigger was fired a priory , but later it did fetch me 15rs profit per share, but I was a bit skeptical after the initial fire, so I did play for safety and aimed to recover my 5 Rs loss per share by working out on forward note of 66.6% of the initial investment.

   With more than a couple of years of trading experience, “One thing” I have mastered is averaging. Peek over my shoulders and let me run you through a typical day to day trading session:

   1) I never (almost always), leave my seat from 9.30am - 3.30pm or until I’m done with day’s trading is done..

   2) Let’s suppose that I sit with 1Lakh rupees any day, I divide it into “N” number of scripts I’m planning to trade on that that particular day and start my trade according to the homework done prior. The saying “Never put all you eggs in the same basket” is so true when it comes to investment.

   3) As I told you averaging is the way to grow up in any market. I put my money on a few high risk scripts where as few others which I believe are definite earners. I may lose money on some and gain money from some, but at end of the day the average will be some decent profit (not that I’ve not seen any bad days). Worst case scenario I might loose big money any particular day but by weekly or monthly average I almost always end taking back some profit.

   Note: - When you Day trade, not only do you need to keep an eye on your scripts but also on the direction market is moving

   If time’s a problem then you are better of trying delivery.

   Day trading is for those who have time, experience and money in hand, not necessary in the same order.

   I have lots of tips and strategies to shell out but lack of time is holding me back. I plan to set up forum and build an interactive community, as I see the need for it. Just a few spare hours, once I find those hours, you’ll see the changes spot on.

   Disclaimer : I don’t promise anyone that you’ll make money from my tips or suggestions. It’s just a heads up on what I plan to invest on rather than asking you to invest in!

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