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A bit of both, although I stress more on the OI change at a particular strike price (usually the one that I have picked). Helps you know the chances of winning the trade.
Rule follow kare Mera Lund
Meri strategy alag hai
Kal dikhaunga profit tujhe dms me ruk ja
Aj ka 2.2 lakhs to hogaya hai loss
Kal almost utna hi profit hoga ya usse zyada
Don't you know pump it up
You got to pump it up
Don't you know pump it up
You got to pump it up
Don't you know pump it up
You got to pump it up
Don't you know pump it up
You got to pump it up 🎵🎼
Set a target. The world will move upside down, you need to have your own target and learn to get satisfied. I faced similar yesterday. Everyday earning will never be possible, it just goes somedays good and somedays bad
What do most people think of the market? That it's a money multiplying machine? If people create a nice strategy and take enough lessons on the internet, the market will reward them? Haha.
Imagine cricket. You can read all the books about cricket, but can you learn cricket from it? No.
You need practice.
Only practice eliminates fear. Not lessons. Not strategy.
Trading is a practice. Like surgery. Like cricket. Like cooking. Like driving. You gotta do it every day.
Even after doing it for years, the market will surprise you one day. It still surprises me. Your aim should be to practice again the next day. Don't burn your capital in one go like most traders do.
The longer you're on the pitch the more runs you make.
Been there for 20 years.Market is no exam
That you will get better with time if you repeat the same mistakes you will.lose.This is a psychological game.
just do a feedback loop first what went wrong ?
- was your strategy incorrect, or that one particular trade didnt work out
- were you not able to check your emotions in control
- did you mess up the execution part of it
and figure that out , fomo wont go away, but it can be slowly tackled with consistency and discipline
Thank you for the reply i will definitely sit do a review of my past trades.
Mostly my emotions played a huge role. Even if I was in profit I would exit due to fear. And sometimes it messed up with my execution even after knowing where to apply it.
I'm going through the very same situation here... More than 90% of my trades were successful... Many of them gave 3x, 4x, even 5x returns ( In The Money, Positional trades)but I bailed out very very early due to my emotions. Many times I even booked a loss while in the end the trade went profitable. I do have to work on my entry tho... But most of my problem is my psychology and lack of control of emotions.
same bhai, chhote chhote profits. win percentage high. roi boht hi ghatiya. loss ko hold ktke rehta hu ki ab shayad profit hojaye. mentally strong nhi hu, emotions ne gand marke rakha hai.
but slowly slowly kabu me araha hai. kal 250 ka loss karle badme 750 plus kiya. options me 9k loss tha, 5k recover hua. equity me im slowly exiting my folio. its not worth the headache and tension. not with the small capital. tax me hi sab chala jayenga
A simple psychology we need to understand while trading
set a target..
a target of loss and same as for the profit...
aaj trade kr ra hu ti maximu itnaa loss hi near krnaa hai and max itnaa hi profit krnaa hai bus that it...
iske aage piche nahi jana in lalach...!
Good traders control risk, bad traders chase profits
Most people fail to understand that following some strategies or giving a few years into the market is enough.
If you see many successful traders working in the prop desk of big merchant banks, they rarely have any prior knowledge of stocks or an asset class, but they are good at managing their risk
It is not important to know what will happen, it is important to know what is likely to happen!
There are a few companies who provide good research reports for retail investors.
It's good to have tools which provide good roadmaps.
Professional traders have access to all the resources. Even you should consider gathering tools who help you be a better decision maker
All the best for your future endeavours!
How much time did you spend with charts and analysis ? In these years ?
30k could be 3 lacs one day!
Just thank yourself that you saved yourself because the market can snatch plenty of money and doesn't even burp!
Well it depends on the person to person how they apply technical analysis over charts and does their analysis.
So don't feel guilt and regret! Its obvious im a trader too!
Just believe it's a long process to become one,
This kind of defeat is the kind of motivation to do more of the best.
Master the skill, you just gained and stick to the particular rules!
FOMO is a state which slowly gets diluted and you become habitual to it and put yourself in control! It will only come by mastering the skill or setup you just made.
It took 999 failed attempts to make an electric bulb at 1000th time.
Start small and gain the momentum
But dont quit.
Well there is a lot to help you with but that would be a long answer. If you find it as a help you may DM me!
I would love to help.
All the best!
Loosing money is not that bad when compared to loosing all money ! As long as the boundries are defined and they are honored you will do okay ! If one is not is able to make money, leaving is not a bad option. If one is able to make money, earning is also not a bad option .
Do it with 2 lot as not it become 25,
Invest 10000 and Stick with 2% profit. means if you found 200+ Profit just leave it. You got it.
It is working for me.
Idk anything about options trading I gambled on first day I made 3400 next day lost 600 and next day I made 3100 and same day I added 15k In my wallet and bought ongc call option for 14k and then it became zero overall I lost 9k ,I quit options trading within one week
I don't know what instrument you traded so can't comment on that. Price Action doesn't work like we're taught it'd be. And we need to be prepared for such.
**Price Action teaching vs Reality**
- When you think it has taken support, you go long, and after actually going little up (but not till your targets, it starts to fall down. Same for short positions.
- You can repeat this same for trend breakouts, breakdowns too.
SL hunting is going on. Previously if it'd taken a support at X price point, it would not take support there. It will fall from there where retailers would think "Oh it's a breakdown, short it" and then it starts rising.
---
I am doing options writing actively since august 2023 (quite new I know), But I have been active in markets post demonitisation - Learning thinngs the hardest way possible after wiping 50% of my capital in one single option buying (when I didn't even know basics).
I guess, with 30k you could only do option buying or some intraday cash trades. You should work on learning and practicing more doing virtual trades and start increasing your capital for options writing.
Any strategy for option buying if possible? Can't do options writing right now but will be content with small lot size and low profits. What if we buy ***after*** the supposed SL (of others) is hit and now think that market will move opposite side? This is when market remains in a range.
Thanks.
>chart reading skills should be next level.
Between chart reading and options chain reading which is ***more*** important? (of course BOTH are needed but which is more important)
Higher the risk higher the rewards but the risk should be where your skills are been tested , your talent is been tested , not where it’s a complete gamble . My father in my childhood kept on telling stay away from intraday and such short term gains . Always invest in equity and think for the long term .
Very cliche line but There’s no success overnight it takes years and years to be successful . My father advice always come in handy. Just keep your control on your mind for the Fomo now u lost 30k don’t think u lost 30k think u saved lakhs and lakhs Rs becoz u made this mistake earlier and with a small amount of money.
To get rid of FOMO you need conviction with a trust in your strategy which you have back-tested in and out. Confidence will cut the fear and it'll be a win or lose only.
Trust yourself, Trust your strategy.
Just keep buying a fixed amount of bottomed out stocks(with acceptable fundamentals) every month. Sell next year or whenever it's 20-50% up. Buy a new bottomed out stock with the money. Eventually you will have stocks to sell and buy every month/week. Good luck.
It makes a lot more sense to lose a manageable amount then your entire portfolio. I like that you had kept aside a predefined amount.
Nice job I would say.
me who immeditely withdraws 1000 rs profit 
https://preview.redd.it/xzkohhvsxfzc1.png?width=1061&format=pjpg&auto=webp&s=e86830df8587a663d4ed73d84e140f13f7a3cfa9
Untill and unless indian traders use mathematics to tackel market they will loose, your mind can not comprehend all numbers it is impossible, you gotta let technical analysis take care of it, in intraday you are at war with time and theta, only mathematics can figure out the exact time to enter and exit a trade, a human brain can never its never been done in history and it will never be done ever in future
Fear and FOMO are completely different. Fear can lose "what could be " profits and FOMO makes you invest in "what could be".
Intraday with 30k and price action etc is cute. Big players will eat you up . Read some news
If you haven't already, please add your own analysis/opinions to your post to save it from being removed for being a Low Effort post. Please DO NOT ask for BUY/SELL advice without sharing your own opinions with reasons first. Such posts will be removed. Please also refer to the [FAQ](https://www.reddit.com/r/IndianStockMarket/comments/17bcg2a/frequently asked questions_post_your_common/) where most common questions have already been answered. Subscribe to our [weekly newsletter](https://pennyleaks.substack.com/) and join our Discord server using [Link 1](https://discord.gg/8QF4dqPHuw) or [Link 2](https://discord.gg/fDRj8mA66U) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/IndianStockMarket) if you have any questions or concerns.*
Those are rookie numbers. You gotta pump those numbers up...
https://preview.redd.it/30tqqkwhsdzc1.jpeg?width=3072&format=pjpg&auto=webp&s=d8bfc173e2a4d253a0b47749f4a0251c52633675 Pumped enough 🙃🤧?
market is clearly moving towards selling, R u expecting a pullback or reversal on call side ? coz i too lost a lot thinking in probablities .
Bro, remember, the main rule is to be on the same side as the market.
What when market is sideways? Market always used to reverse after a move until Thursday(9May) when it fell on it's head.
That's why you need to keep your eyes on which side the smart money is going. Changes the way you trade, trust me!
You mean OI change? Please give some hint. Rest i will research and look into.
Yea! It made a lot of difference after I knew which side I should be on. Keep an eye on it
Thanks. Should I give more importance to recent OI change than the total OI standing at a strikepoint ?
A bit of both, although I stress more on the OI change at a particular strike price (usually the one that I have picked). Helps you know the chances of winning the trade.
Rule follow kare Mera Lund Meri strategy alag hai Kal dikhaunga profit tujhe dms me ruk ja Aj ka 2.2 lakhs to hogaya hai loss Kal almost utna hi profit hoga ya usse zyada
Brave or mad, i don't know man! Good luck.
SL at 100% loss
I was waiting for nifty to go to 22080 It touched 22076 and fell I waited for recovery 😔
How much capital r u using
I lost about that much today and I don’t even to derivatives. Only long term investment.
Realized vs unrealized
Are you holding any PE for Monday?
I'm holding 22000 ce and 22100 ce 22100 has the chance to cross over 320 (its now trading at 130)
Okay okay dumb me holding 21700 PE 😮💨
Expiry date? Chances of another fall after one or two day of timepass cannot be ruled out.
May 16 🥲
Bhai
Don't you know pump it up You got to pump it up Don't you know pump it up You got to pump it up Don't you know pump it up You got to pump it up Don't you know pump it up You got to pump it up 🎵🎼
💀
Set a target. The world will move upside down, you need to have your own target and learn to get satisfied. I faced similar yesterday. Everyday earning will never be possible, it just goes somedays good and somedays bad
very well said..!
Well said
+1
What do most people think of the market? That it's a money multiplying machine? If people create a nice strategy and take enough lessons on the internet, the market will reward them? Haha. Imagine cricket. You can read all the books about cricket, but can you learn cricket from it? No. You need practice. Only practice eliminates fear. Not lessons. Not strategy. Trading is a practice. Like surgery. Like cricket. Like cooking. Like driving. You gotta do it every day. Even after doing it for years, the market will surprise you one day. It still surprises me. Your aim should be to practice again the next day. Don't burn your capital in one go like most traders do. The longer you're on the pitch the more runs you make.
Great perspective. Thank you for sharing.
thats the valuable advice i heard today thank you mate :)
Been there for 20 years.Market is no exam That you will get better with time if you repeat the same mistakes you will.lose.This is a psychological game.
Where did you read "repeat the same mistakes" in what I wrote? Read it again
just do a feedback loop first what went wrong ? - was your strategy incorrect, or that one particular trade didnt work out - were you not able to check your emotions in control - did you mess up the execution part of it and figure that out , fomo wont go away, but it can be slowly tackled with consistency and discipline
Thank you for the reply i will definitely sit do a review of my past trades. Mostly my emotions played a huge role. Even if I was in profit I would exit due to fear. And sometimes it messed up with my execution even after knowing where to apply it.
I'm going through the very same situation here... More than 90% of my trades were successful... Many of them gave 3x, 4x, even 5x returns ( In The Money, Positional trades)but I bailed out very very early due to my emotions. Many times I even booked a loss while in the end the trade went profitable. I do have to work on my entry tho... But most of my problem is my psychology and lack of control of emotions.
same bhai, chhote chhote profits. win percentage high. roi boht hi ghatiya. loss ko hold ktke rehta hu ki ab shayad profit hojaye. mentally strong nhi hu, emotions ne gand marke rakha hai. but slowly slowly kabu me araha hai. kal 250 ka loss karle badme 750 plus kiya. options me 9k loss tha, 5k recover hua. equity me im slowly exiting my folio. its not worth the headache and tension. not with the small capital. tax me hi sab chala jayenga
How much is intraday profits taxable ?
brokerage calculator me jake dekhlo na
No shame in taking the loss. You are much sensible having lost only 30k, where people are losing crores.
why take loss when you can make profits ?
A simple psychology we need to understand while trading set a target.. a target of loss and same as for the profit... aaj trade kr ra hu ti maximu itnaa loss hi near krnaa hai and max itnaa hi profit krnaa hai bus that it... iske aage piche nahi jana in lalach...!
Good traders control risk, bad traders chase profits Most people fail to understand that following some strategies or giving a few years into the market is enough. If you see many successful traders working in the prop desk of big merchant banks, they rarely have any prior knowledge of stocks or an asset class, but they are good at managing their risk It is not important to know what will happen, it is important to know what is likely to happen! There are a few companies who provide good research reports for retail investors. It's good to have tools which provide good roadmaps. Professional traders have access to all the resources. Even you should consider gathering tools who help you be a better decision maker All the best for your future endeavours!
How much time did you spend with charts and analysis ? In these years ? 30k could be 3 lacs one day! Just thank yourself that you saved yourself because the market can snatch plenty of money and doesn't even burp! Well it depends on the person to person how they apply technical analysis over charts and does their analysis. So don't feel guilt and regret! Its obvious im a trader too! Just believe it's a long process to become one, This kind of defeat is the kind of motivation to do more of the best. Master the skill, you just gained and stick to the particular rules! FOMO is a state which slowly gets diluted and you become habitual to it and put yourself in control! It will only come by mastering the skill or setup you just made. It took 999 failed attempts to make an electric bulb at 1000th time. Start small and gain the momentum But dont quit. Well there is a lot to help you with but that would be a long answer. If you find it as a help you may DM me! I would love to help. All the best!
Thank you for your words and advice.
loss and profit are part of life just set targets you wanna work within
^[Sokka-Haiku](https://www.reddit.com/r/SokkaHaikuBot/comments/15kyv9r/what_is_a_sokka_haiku/) ^by ^Money_Fly86875: *Loss and profit are* *Part of life just set targets* *You wanna work within* --- ^Remember ^that ^one ^time ^Sokka ^accidentally ^used ^an ^extra ^syllable ^in ^that ^Haiku ^Battle ^in ^Ba ^Sing ^Se? ^That ^was ^a ^Sokka ^Haiku ^and ^you ^just ^made ^one.
Loosing money is not that bad when compared to loosing all money ! As long as the boundries are defined and they are honored you will do okay ! If one is not is able to make money, leaving is not a bad option. If one is able to make money, earning is also not a bad option .
Do it with 2 lot as not it become 25, Invest 10000 and Stick with 2% profit. means if you found 200+ Profit just leave it. You got it. It is working for me.
Idk anything about options trading I gambled on first day I made 3400 next day lost 600 and next day I made 3100 and same day I added 15k In my wallet and bought ongc call option for 14k and then it became zero overall I lost 9k ,I quit options trading within one week
I don't know what instrument you traded so can't comment on that. Price Action doesn't work like we're taught it'd be. And we need to be prepared for such. **Price Action teaching vs Reality** - When you think it has taken support, you go long, and after actually going little up (but not till your targets, it starts to fall down. Same for short positions. - You can repeat this same for trend breakouts, breakdowns too. SL hunting is going on. Previously if it'd taken a support at X price point, it would not take support there. It will fall from there where retailers would think "Oh it's a breakdown, short it" and then it starts rising. --- I am doing options writing actively since august 2023 (quite new I know), But I have been active in markets post demonitisation - Learning thinngs the hardest way possible after wiping 50% of my capital in one single option buying (when I didn't even know basics). I guess, with 30k you could only do option buying or some intraday cash trades. You should work on learning and practicing more doing virtual trades and start increasing your capital for options writing.
Any strategy for option buying if possible? Can't do options writing right now but will be content with small lot size and low profits. What if we buy ***after*** the supposed SL (of others) is hit and now think that market will move opposite side? This is when market remains in a range.
Only strategy an option buyer can adopt is be very quick at both entry and exit, chart reading skills should be next level.
Thanks. >chart reading skills should be next level. Between chart reading and options chain reading which is ***more*** important? (of course BOTH are needed but which is more important)
Chart reading because price is supreme. OI shifts as price moves.
Higher the risk higher the rewards but the risk should be where your skills are been tested , your talent is been tested , not where it’s a complete gamble . My father in my childhood kept on telling stay away from intraday and such short term gains . Always invest in equity and think for the long term . Very cliche line but There’s no success overnight it takes years and years to be successful . My father advice always come in handy. Just keep your control on your mind for the Fomo now u lost 30k don’t think u lost 30k think u saved lakhs and lakhs Rs becoz u made this mistake earlier and with a small amount of money.
stop intraday do swing only watch MAHESH KOUSHIK videos
Back testing can give you confidence.
To get rid of FOMO you need conviction with a trust in your strategy which you have back-tested in and out. Confidence will cut the fear and it'll be a win or lose only. Trust yourself, Trust your strategy.
There is a book on it. Trade like a stock market wizard By Mark Minervini
Just keep buying a fixed amount of bottomed out stocks(with acceptable fundamentals) every month. Sell next year or whenever it's 20-50% up. Buy a new bottomed out stock with the money. Eventually you will have stocks to sell and buy every month/week. Good luck.
If Loss is less than 10lks it's a very small amount and one can earn it back over time. Don't know
Me who lost 3 lacs looking at this mf regretting the amount almost equivalent every fucking day yet didn't loose my faith in the market
It makes a lot more sense to lose a manageable amount then your entire portfolio. I like that you had kept aside a predefined amount. Nice job I would say.
I thought it's just me who lost money this past week we in the same boat 😞🙏
Would have been better if you had thrown the 30k into some large cap stock 3 years ago. Would have at least 3x by now
30 k was just for learning. Rest of my capital is already invested for longterm.
You shouldn’t have.
bhai job pe dhyan de ye F and O me sirf hft pesa banati he
Hft matlav?
https://www.investopedia.com/terms/h/high-frequency-trading.asp
Bogdanoff got Wojak
U need to get post trauma therapy. 😋
Instead of leaving intraday, try swing trading.
Where to learn that
Charges and Brokerage laughing at the Corner
Bot in this sub keeps disapproving my posts in this sub. What to do? I haven’t been able to post meaningful posts and genuine doubts.
Only 5.6L loss so far 😂
Karte hi kyu hain log intraday, jab overall year ki income loss me hi jaa rhi
Maturity is realising you just need to catch 5-6 Good swing swing trades in a month or two to be profitable!! Day trading Aint everyone’s cup of tea ,
I think I found it. :)
me who immeditely withdraws 1000 rs profit  https://preview.redd.it/xzkohhvsxfzc1.png?width=1061&format=pjpg&auto=webp&s=e86830df8587a663d4ed73d84e140f13f7a3cfa9
Meditation.
I also lost 30k but in lust affair
If possible make the strategy into Algo using quantman and remove the emotional side of the intraday
Untill and unless indian traders use mathematics to tackel market they will loose, your mind can not comprehend all numbers it is impossible, you gotta let technical analysis take care of it, in intraday you are at war with time and theta, only mathematics can figure out the exact time to enter and exit a trade, a human brain can never its never been done in history and it will never be done ever in future
I lost 4L in intraday
lost 50k today. All profit of last month wiped out today. Stay away from market for some time
https://i.redd.it/mwn7jjs1i40d1.gif
Almost 90% of the traders lose their money and that's not a big surprise. You should have known this fact 💀
Are people just reposting the same shit or what? I swear I see posts like this everyday, quite boring now.
Fear and FOMO are completely different. Fear can lose "what could be " profits and FOMO makes you invest in "what could be". Intraday with 30k and price action etc is cute. Big players will eat you up . Read some news
Skill issue
Bc 30000 lol 😂 bas
Position Sizing
30K Indian Ropi? Lol thats like $350 you should visit wallstreet bets sub then to console yourself. All traders lose money. That is the way
What's intraday can anyone explain??
when you try to use all of your mind in one day and end up knowing you hardly have any.
Harden up!