my trading experience
friends anybody want to laugh just read this.
I am very younger person and new to trading. Usually i am a late sleeper but thinking of to rise early in morning for the purpose of trading. when i wake up from my bed i use to shock by seeing the clock because its 9.45 or 10.30 then i will watch CB`s call and trade.
But today i rise early and to do sincere and disciplined trading. what happened is CB`s call jswholding.i never booked profit in this counter before it always ends up loss. due to bad experience i was thinking n telling myself it wont happen today. jsw opens high in opening tried to buy in high rates and i did. CB advice for me is to allocate your money and do trade.now i bought 50 shares in high prices.then i bought 50 shares when it fall(used margin) and never expected that i will hit SL. later Cb updated SL triggered in my previous experience these kind of big counter shows some recovery so that i can reduce my loss. In past if CB updated sl triggered then i will blankly sell it in any price. JSW is different and my luck CB is online so asked about any recovery possible to reduce my loss and he advised me to hold for sometime. then i told then i can hold for 2-3 days.CB replied thats fine its strong. i felt so tired and don want to see my laptop which is in right side of me in my bed so turned left and slept. after some time in sleepy eyes i refreshed moneycontrol it recovered to the level of 713 and 711. Im energetic and got up to reduce my loss but bad internet connectivity so i fixed and logged in.now my hands starts to shake its trading in 734. i booked profit in this range but the stupid thing is it is rise im under panic to understand the situation. it hits the high of 751 or 755. In the mean time i realized its rise and made a fresh order of 50 shares when its nearing high. but its fall down and for 10rs loss i exit the counter.

I like to tell few things for people who are new in trading.
dont trade in margin money if we in our own money the loss will be less if we use margin the loss will be high.
second thing trading is not fun thing so be disciplined and sincere(i hope u read the above thing.)be ready before 9.00 am and make your trading terminal ready.then wait for market to open.
if you`re trading intraday be aware don do anywhere unless u fixed sl and target in your terminal.
make sure you have good internet connection because sometimes i call my broker to execute the order for bad internet connection it results in 9.80rs service and handling charges in contract note which i noted recently.
dont use moneycontrol and other sites while doing intraday its updates with delay.
always use your trading termianl software.
dont short or re-enter a counter unless otherwise u have watched it at least 1 week.
for example tata coffee usually rallies in open and reach 10-15 rupess fall 10rs below open price.it wont applicable now.so observe the pattern or learn technicals.
choose a good place to trade and don trade like me in bed and fall asleep.

Happy trading...

going to share this in blog.;)

Hi NIZ,
Hi,

Thanks for mentioning the importance of discipline in your experience.

I knew its importance and requested members to be disciplined while asking their questions in the forum couple of times.

I also wondered When I see a module titled "Disciplined Trading - How to control emotions" in Technical Analysis Trainings provided by Many analysts.

Hi CB,
Sir, I bought 200 Koltepatil@122 today. It didn't do much today,plz suggest target for tomorrow.

Cb sir tomorrow nifty opening strategy sir

Hi ND, it does look good technically. hold for few days. can test 132

Hi Vishal, these are seeing some profit bookng. hold for now. try and exit on rise by Friday

Hi Taj, as of now seems may open flat. lets see how US markets close

Dear sir , first time i bought jswhl as per your recommendation on 716 and sell 740 ,i got profit thank and i am also holding Tata motor @448 rs so how many day i have to hold it,,,,kindly guide me

Hi Couple, most welcome. Tata motors is a hold for few days. does look good

Hi Chipmunk, welcome. sure, lets hope for the best.

Hi CB, Missed my query on Dividends @ 5:31 pm.