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Indian Day Trader

Chart Forum » Trading - Psychology » Losing confidence... » Indian Day Trader

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aakindia

Member

Post Number: 3
Registered: 03-2005

Rating:
Votes: 1


Saturday, July 08, 2006 - 06:37 pm:

Hi

I am from India and trading on NSE In the recent crash I lost over a billion rupees and totally depressed can someone pl help

msparks

Member

Post Number: 555
Registered: 10-2004

Rating: N/A
Votes: 0


Sunday, July 09, 2006 - 10:56 am:

Hi aakindia,
What was your plan and risk management strategy ?
What was your entry and exit strategy ?

I doubt anyone could help unless you outlined those strategies.

Do you have any money left ?

If not, there is little anyone can do except recommend you stay positive and hope next time you have money to risk, you have a plan, and learn from your past results.

victor_h

Member

Post Number: 128
Registered: 04-2004

Rating:
Votes: 2


Sunday, July 09, 2006 - 12:12 pm:

Currency Converter Results
Friday, July 07, 2006

1,000,000,000 Indian Rupee(s) = $29,139,378 Australian Dollar(s)
1 AUD = 34.3178 INR
1 INR = 0.0291394 AUD

You claim to be a "day trader" and have just lost $29 million Dollars. Was this your money or someone elses ?

I would put this down to experience and write a book about "How I lost $29 Million Dollars"...could be a best seller....