My first post

Frustrated by the continued failure at one of the most monetarily rewarding and exciting things, I thought why not to give vent to the anger and frustration. So here I am. Donot get wild in your imaginations in guessing what this one of the most exciting this is.

I have been trading stocks, commodities,indices and options for quite some time now, to be precise,5 years. I have been a heavy trader and know this is one of the main reasons for my unfortunate state of affairs. Based on my experience and micro observations, I usually spot good trades with lot of potential. judging by my profitable trades vis a vis loosing trades, I score more than 90%. But the catch lies in booking profits and cutting the losses. I can clearly remember my major losses over the years but I have only one trade to remember as major gainer. Usually I err on letting my losses running in the hope, the famous four lettered word in trading, to the extent that I am forced out of the position by my broker. After bailing out, the prices move in my favour, this has happened on all the 7 times when I went broke. Incidently today was the 7th. May be this is my last chance or altogether I will stopped trading and stick to furnishing advice, which has proved to be highly rewarding to my friends and clients. This is happening becuse they are not leveraging as I am in my trades and they are taking a slightly longer term view.

Enough for the day buddies and noe its time for me to gulp down some hard drinks.
trust me to share my thoughts regularily.

navap