
Samir Machawe
Performance Update as of 5 Jan 2010 Closing
Posted 8 months ago by Samir MachaweCategory: Futures & Options
Sentiment: Bullish
So far, in 123 trading days, with all trades closed we have generated an net gain of 2579 nifty points.
This is equivalent to Rs. 51580 if one trades with Mini Nifty (1 lot) or
This is equivalent to Rs. 128950 if one trades with Nifty 50 (1 Lot).
Total trades opened were 63 out of which 26 trades hit stop loss (average loss per trade 39 pts) and 37 ended with profits (average profit per trade 97 pts)
Hope my recommendations are helping anyone who is trading based on them.
Do not forget to keep stop loss on every trade, as above performance shows that money can be made even when stop loss is hit at times. Its basic insurance for trading.
If you are trading without stop loss, means you are driving a car without brakes in it. You know what will happen that way. Same thing happens with most people. They enter the market thinking BIG money can be made easily and loose their hard earned money EASILY.
Remember- Your earnings in the market are the consequence of your loss management, no problem if you do not earn always, but protect the loss at any cost.



Read it as 5 Jan 2010, typing mistake.
”Great show Smair Bhai. Hope you have an eventful year ahead
”