Comment on Mr Consistent returning incredible returns

Madan commented on 06 Jan 2014, 12:41 PM


I don’t fix my targets like 5-10 points and i don’t indulge in strict daytrading. Market would tell me whether the trade is going to be intraday or overnight..I don’t have the luxury to decide that 🙂

I am not sure how a person could judge the size of the rally. I have not see anybody doing it on a consistent basis and i am confident that i won’t see any in the future as well.

Yes – that’s what make trading what it is. People come into trading with a mindset that they will be able to come out easily when they are in profit and they would be able to cut their losses in a jiffy. But the truth of the matter is ‘trading is not an easy profession’. Having said that i would also be the first one to dismiss the popular notion that it is the ‘toughest’ one in the world. It’s not true, in my opinion.

It is pretty simple but not easy…People confuse simplicity with easiness. And at the same time, they confuse ‘inability to make money’ with toughness in running the profession. You see where i am going with this.

Hope it helps.

View the full comment thread »