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Old 03-26-2007, 11:31 AM   #1

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Hello everyone

Hi,

I have not seen such a good forum till date....

I am a starter to trading. I have tried my luck few times (without using much of tools) and have lost more than 70% of the trades...

And now, I dont want to quit before I make some good money.... Yes I am bit stuborn when it comes to accepting failure. And after finding this forum, I am much more confident that I am up for some good results...

I am here to learn and hope that I can give something back of some value to you all in the process.

Cheers,
Milind
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Old 03-26-2007, 01:40 PM   #2

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Re: Hello everyone

Welcome Milind! I'm stubborn too, and won't give up on trading. You can't! What markets do you trade and how have you been trading? Do you have a written plan with setups to follow? That's been key in my turnaround.
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Old 03-26-2007, 07:52 PM   #3

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Re: Hello everyone

dont give-up

it's normal for newbies to blow their account

the only thing is how much did you learn from that experience
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Old 03-26-2007, 11:16 PM   #4

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Re: Hello everyone

Milind_pol, set your goal and use proper tool depends on your style.

For example: if you day-trade, then learn to use what I call "Now indicators". tape reading, volume price relationship, market internals. Indicators that give you the info of what is going on now with price. And this website has tons of info of this kind.

Have a nice journey.

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Old 03-27-2007, 04:08 AM   #5

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Re: Hello everyone

Thanks a lot WeiWei and Hanz,

Yes, i have learnt a lot. And my confidence is increasing. And I am not ready to give up yet...

Cheers,
Milind
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Old 03-27-2007, 04:13 AM   #6

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Re: Hello everyone

Thanks Tingul,

I am based in india and am more comfirtable with Indian markets. I trade mainly in equity (margin) and Futures.

I am tracking my trades very closely and I have about 56% hit ratio with about 2% of the capital I kept aside for trading till now.

For all these trades, I have mainly used market profile.

Would it be too much if I request you to share a sample plan with me? I am curious to find out what differentiates a good trader from an average trader like me.

Thanks,
Milind
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