Professional Documents
Culture Documents
Trader Carnival
Trader Carnival
•Background
•Surviving since 2010
Why Trading ???...
• To make trading Income as a Daily source of
Income.
• Want to take it as Business & Grow your
wealth.
• Feel high / Addiction / Gamble.
• Expectations to become Rich Fast.
• Not satisfied with Current Environment of
your Business/Job.
Expectations V/s Reality
Uniqueness of a Consistent Losing
Trader.
• Trade Size / Leverage Trading
• Ego / Over-Confidence /Greed / Fear
• Weak Money-Management.
• Not willing to set Rules for Trading
• Not taking Responsibility
• Expectations of Random Rewards
• External V/s Internal Control
• Treats Trading as Gambling
Uniqueness of Consistent Profitable Trader
Equity Curve
Drawdown's
Slippages/Expenses/Roll over cost
Opportunity Cost
Interest
Drawdown’s and Drawdown Duration
System
Drawdown:- Pain
experienced from
Peak to valley Fall
in Equity curve.
DrawDown
Duration :- Length
of peak to peak
Period until new
equity Curve High’s
Defining a Account size for Trading
• If a system has a Drawdown of say (x) and
security margin required to trade that very
Instrument for positional basis is (y) then your
account size should be equal to
My Inspirations/Motivations
Thank You
Angad.