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Has anyone found a trading system/strategy that is consistently profitable?

Discuss Has anyone found a trading system/strategy that is consistently profitable? at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by Raju Hi CV, What is YM,HSI ? Where can I get info ...


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  #21  
Old 13th February 2008, 08:48 PM
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Default Re: Has anyone found a trading system/strategy that is consistently profitable?

Quote:
Originally Posted by Raju View Post
Hi CV,
What is YM,HSI ?

Where can I get info abt YM & HSI ?

"As for tick charts, it really depends on the indicator you run, I prefer the 55 and 233 tick chart.Also I think ES is too lumpy/heavy for minute based charts."

If could kindly give me any link for how to use 55/233 chart , I mean which s/w to use ..my problem is I don't have much idea abt charts and have started learning recently...Please help..

YM = Dow Futures
HSI = HangSeng Futures
Checkout Prophet charts for more info

To plot tick charts you will need a tick feed, you can easily do them on most platforms once you have the data
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  #22  
Old 13th February 2008, 09:25 PM
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Default Re: Has anyone found a trading system/strategy that is consistently profitable?

I have made a loss of about Rs.12000 in trading during 04/2006 to 09/2006,
Becoz I was not aware of any kind of analysis,

Than I have started to learn from verious sites & books,
(Much more from this Platform - Thanks to all seniors)
I have done realy very hard work,
after all of these I have started this bussiness seriously from 04/2007 with Metastock & MTPredictor,
(on EOD base)
I have done 59 trades,(up to 09/02/2008)

stoploss got trigered in 7 stocks out of these 59,
loss was around 2 % per stock,

Profit in 52 stocks & It was around 9% to 14%
& still going on.........

** Swing Patterns , Fibonacci Levels , Candle Patterns , Stoch & ADX **
These are the keys of my system,

thanx a lottttttt to this Platform & Great Seniors,


bjj9126
(Prakash)
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  #23  
Old 13th February 2008, 10:50 PM
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Default Re: Has anyone found a trading system/strategy that is consistently profitable?

Quote:
Originally Posted by bjj9126 View Post
I have made a loss of about Rs.12000 in trading during 04/2006 to 09/2006,
Becoz I was not aware of any kind of analysis,

Than I have started to learn from verious sites & books,
(Much more from this Platform - Thanks to all seniors)
I have done realy very hard work,
after all of these I have started this bussiness seriously from 04/2007 with Metastock & MTPredictor,
(on EOD base)
I have done 59 trades,(up to 09/02/2008)

stoploss got trigered in 7 stocks out of these 59,
loss was around 2 % per stock,

Profit in 52 stocks & It was around 9% to 14%
& still going on.........

** Swing Patterns , Fibonacci Levels , Candle Patterns , Stoch & ADX **
These are the keys of my system,

thanx a lottttttt to this Platform & Great Seniors,


bjj9126
(Prakash)
It's great to listen to a success story.Congrats Prakash.
It had been my opinion since long that a starter should start doing swing trading,not day day tading at the first encounter.You proved that.Go ahead and have a fine future with shorter time frame trading also.
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