Feedback

richieerichh

R
54
All Posts
1,292
Post Reps
88
Comment Reps
April 2024
62
Followers
1
Following
Posts
Trades
Stocks
richieerichh replied to Pinsu's post
richieerichh
Jun 27 4:51 PM

Don't trade with real money until you have a solid strategy. Backtest your strategy for past 3 years before deploying it in real market.
richieerichh replied to The ict Trader's comment
richieerichh
Jun 27 3:43 AM

@yathishpoojary5 In order for me to make money in trading someone else has to lose it. It's not possible that everyone uses AI and make profits because there will be no losers then. No losers means no gainers. So there will he no point left in trading anymore. Chess is a very goo...
richieerichh replied to The ict Trader's comment
richieerichh
Jun 27 2:48 AM

Currently I don't see many people who trade algos let alone use AI. In future there might be a possibility that AI becomes more relevant in trading but the more people use AI the less efficient it will be. It's not like everyone will make profits using AI and there will be no los...
richieerichh replied to The ict Trader's comment
richieerichh
Jun 27 1:45 AM

@yathishpoojary5 I think algo trading is not artificial intelligence. You still have to choose the right strategy which will be executed by a code. It's not like an AI bot takes trade for us.
richieerichh replied to Deepak's post
richieerichh
Jun 18 6:00 PM

No. You should stay connected to internet for the order to be executed. You can go out of the application though and it won't matter.
richieerichh replied to Nifty Guy's post
richieerichh
Jun 18 5:56 PM

Stop taking that last tradem
richieerichh replied to Hfhs's post
richieerichh
Jun 18 5:55 PM

Never risk more than 3% of your total capital on a single trade.
richieerichh replied to Hfhs's post
richieerichh
Jun 18 5:53 PM

Majority of us are not good at predicting directions. Non-directional trade is very feasible for beginners. You will require large capital though. First learn this straddle, strangle strategies along with adjustments. Modify and trade them according to your risk profile and expec...
richieerichh replied to simon's post
richieerichh
Jun 18 5:48 PM

Don't look at returns for 5 years. This is a long term game. Understand you risk profile and adjust your portfolio according to it with minimum portfolio overlap. Keep investing. You will see real magic of compounding only after 15 years.
richieerichh replied to Tarun Yadav's post
richieerichh
Jun 18 5:43 PM

Risk management is the hardest. Most people overlook it. This is a business of capital protection. Always protect your capital.
richieerichh replied to Amit Kumar's post
richieerichh
Jun 18 5:41 PM

You need large capital for option selling. I would suggest at least 4 lakhs ( for non-directional trades) for one lot even with hedging. Then learn basic non-directional strategies like strangles and straddles along with adjustments. If you are good at predicting direction then y...
richieerichh replied to Diwakar Banerjee's post
richieerichh
Jun 18 5:32 PM

Good funds selection just watch out for portfolio overlap and with your salary you are probably not paying any taxes so ELSS fund is unnecessary. I would suggest 40% in PPFS Flexi cap, 40% in Quant small cap and 20% in Nifty 50 index fund. Since your investment horizon is long en...
richieerichh replied to dilpreet's post
richieerichh
Jun 18 5:20 PM

Equity mutual funds are for long term returns. 1-2 years investment in equity is risky. Go for debt mutual funds or high return FDs.
richieerichh replied to TradeX's comment
richieerichh
Feb 4 12:40 PM

@leonard17 I made overall profit of around 3100 in January month on a capital of 90,000.
richieerichh replied to SingHappily's comment
richieerichh
Feb 4 2:45 AM
richieerichh replied to TradeX's comment
richieerichh
Feb 4 2:45 AM

@leonard17 All 4 positions are part of a strategy. The long positions were basically hedges.
  •  Feb 4 1:21 AM
Today I placed a safe exit order of -1500 on Groww. It got triggered immediately at -15 within a second after I placed the o...read more

3

12
  •  Nov 21, 2024 10:21 PM
Trade No. 7
Nifty 16 Delta weekly Iron condor for expiry 28 Nov....read more

3

2

3

richieerichh replied to Sadhasivam's comment
richieerichh
Nov 21, 2024 4:25 AM

@sadhasivam9842 Yes, just back testing the strategy, will do real trades from December.
  •  Nov 20, 2024 4:50 PM
Trade No. 6
Nifty 16 Delta weekly Iron condor for expiry 21 Nov....read more

13

12

4

FrontPage is India's favorite stock discussions community

Join 10 lakh Indian traders and discuss trades, strategies, news & views on any stock.