I just start this thread to know how much can be made out of 1Lks. I used to earn around 10% from (paid tips/some other sites where tips are provided and my own tips Wink)are provided but few very bad calls eats a lot of profit. So in the end I left out with 2-3% which is not at all ok compared to the time spent and effort used. So a bad way to do business.

Especially in option, my success failure percentage is 60-40. But those 40% failure eats out my frofit and put me in loss.

Cause of Failure and Learnings

1. I never follow SL in cash as sometimes stocks used to bounce after touching the SL. Recently this is happening more.
2. I Used to trade in some risky shares. Recently I have avoided after taken a lot of beating
3. SL in option is a must. And you should squreoff if yur trade is not favorable within max 3 to 4days. If option value erodaed around 20-30%, imediately square off or what ever SL mentioned.
4. Never ever trade in many(max 4 5)stock option. Look for last maoth TM or BPCL they have given many opertunity to trade throughout the month. Better to concentrate in few rather than many.

bhupinder singh: ok u may be tired make some case study about investor education when free
Dev: yeah bs ji..
Dev: I m trying to do some thing good..since I am all of 25 now..
Dev: and..am really trying to make the company from our group hit something big
bhupinder singh: u become warren buffet in 20 years —that is good –
Dev: haha
Dev: no sir
Dev: I dont aim tht high
Dev: My aim is financial freedom
Dev: thts all
bhupinder singh: then make me rakesh jhunjhunwala i am eager to earn and am investing by selling jewellery
Dev: bs ji
Dev: u will make it big dont worry..
Dev: Its just a matter of time
Dev: I am mind body n soul..with our team weall
bhupinder singh: thamks but i am 63 plus and too old for ambitions but my ambitions r my obsession–
Dev: Life starts at 60
Dev: U r a major example
Dev:
bhupinder singh: h a ha today i slept for three hours in noon i am so lazy
Dev: hehe….
Dev: weather in kolkata is also
Dev: best for slumber
Dev: custom made
Dev: Since I cook my meals..
Dev: so cant be too lazy
bhupinder singh: u r active ——–dev i want to do something good about investor education seriously
Dev: that can be done if you have talented teachers…who share the same passion
Dev: Passion is the only thing which hits people in markets
bhupinder singh: dev pl visit my site principalbhupinder.com and write some good articles on investment
Dev: I am honoured
Dev: I will try sir..but since I am a short term person..Investment is not something I look at very seriously
bhupinder singh: but others may benefit–may i put our conversation on my website if u permit
Dev: yeah..
Dev: sure
bhupinder singh: thanks jo ok take rest

FROM RAKESH GOEL

People want to make money very fast, even without applying the simple steps of life…….and I am telling them, without basic steps, u r out from the market.

See, making money is not rocket science……………..I made a lot and still making a lot…………………as I always follow the basic steps in my life…………….liek, 1-face, fix the target and out without greed, ready to sell ur product sometimes in discount, respect all, so that money will respect u.

AS: HUL makes 6-7% profit on their each product with all their hard works plus with all their IIM guys…………only 6-7%, and here in share makret, we want to become rich over night.

My friend, in life, u have to work hard, u have to be honest with urself and above all respect all………….else result we all know.

FATHER’s Day reminds of father of our nation Mahatama Gandhi It also makes us refresh our memories on many father’s in Science and Technology Electricity- a phenomenon which has united all of us world over- Benjamin Franklin, Faraday and and Edison Nelson Mandela - father of millions of downtrodden in Africa \ Lincoln father of Amearican Republic Let’s cherish our memories of these departed souls, whose contribution is there in some aspect fo day-to-day life. and Finally Shri Bhagwant Singh- Father of our Respectd Bhupinder Singhji, Each son will be father in future. Let’s wish them all a happy and peaceful life ———————————-BALU RAJGOPAL

Today whatever i’m is all because of my parents. We are three brothers and i’m the eldest one. My father was single source of earning and he did a lot of hard work for his family. Now it’s our turn to give him all sort of happiness and luxuries they deserve. I don’t want to be biased because it’s father’s day, my mother too deserve full credit for what we are now.—-BITTOO ARORA
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FATHER”S day -20/6/2010—-let us honour papa—bhupinder
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my father s Bhagwant Singh,84 year old is a great punjabi writer–i learnt values of politeness,tolerance,hard work,secular outlook from him–every day i prepare milk shake/choclate milk for him in evening and serve it myself
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friends please express your regard for your papa by posting here
Well……..it is sad that My dad expired 5 yrs back……….but I feel cherished that I’ll be celebrating father’s day this year as I hav become father of my 7 months old Son……….responsibility & care has generated for my son ……which I never got!!!!—–CHETAN KUMAR

FATHER’s Day reminds of father of our nation Mahatama Gandhi It also makes us refresh our memories on many father’s in Science and Technology Electricity- a phenomenon which has united all of us world over- Benjamin Franklin, Faraday and and Edison Nelson Mandela - father of millions of downtrodden in Africa \ Lincoln father of Amearican Republic Let’s cherish our memories of these departed souls, whose contribution is there in some aspect fo day-to-day life. and Finally Shri Bhagwant Singh- Father of our Respectd Bhupinder Singhji, Each son will be father in future. Let’s wish them all a happy and peaceful life ———————————-BALU RAJGOPAL

Today whatever i’m is all because of my parents. We are three brothers and i’m the eldest one. My father was single source of earning and he did a lot of hard work for his family. Now it’s our turn to give him all sort of happiness and luxuries they deserve. I don’t want to be biased because it’s father’s day, my mother too deserve full credit for what we are now.—-BITTOO ARORA
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