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Is this can be true??

Discussion in 'Traders Coffee Shop' started by jignesh_acharya, Sep 5, 2014.

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  1. jignesh_acharya

    jignesh_acharya Active Member

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    Read the below article

    http://investorji.in/true-inspiring-story-of-handicapped.html

    where a handicapped women claims the huge profit form the trading.

    Is this possible?

    while other it contradicts the shabbir's latest post of being full time trader

    Any comments form shabbir? as your are the most experienced person
     
    shabbir likes this.
  2. shabbir

    shabbir Administrator Staff Member

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    AWESOME.

    Yes why you think it is not possible in the first place and it does not contradict with my article on being a full time trader. Actually it compliments it. I am a bit more inclined towards risk aversions.

    Or like what I prefer like

    I prefer price based targets than time based.

    Or things like

    Which is quite close to what my total trading amount is.

    But I have never been able to make 6L on an investment of 15L and so she is much more aggressive than what I am or what I prefer to be
     
  3. jignesh_acharya

    jignesh_acharya Active Member

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    What my intention to say that she makes 6L form 15L investment which is quite high as i believe.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Yes I have read that and have not managed such returns on a single trade. It could be that she may be trading with margins which I don't recommend.
     
  5. shabbir

    shabbir Administrator Staff Member

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  6. jignesh_acharya

    jignesh_acharya Active Member

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  7. jignesh_acharya

    jignesh_acharya Active Member

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    I should say that one should have also buffer to absorb the losses from trading.
    You should have some amount of money in trade and the balance should be always in buffer (As shabbir said 1/3 of total in trade), in case you lose money in trade, your buffer will prevent the adverse implications on your life or lifestyle.
    If one gets the profit after the loss, one should restore the buffer again instead of directly spend that profit.
    Apart from fixed value buffer what ever your will get is your profit.....
     
  8. shabbir

    shabbir Administrator Staff Member

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    Very well said Jignesh.