want to learn how to use metastock in option trading

praveen taneja

Well-Known Member
#1
Hi everybody,sir i m new to this forum.I m in stock mkt for the last 5 years n doing work with tips from one or another n in that i lost around 80% of my portfolio with profit.Now i know that w/o any software like metastock i cant earn,thats why i want to learn using meta.I request u all can u provide me any Ebook of how to use meta from which i can learn.Thank u all for giving me ur precious time god bles u take care:)
 
#3
Dear praveen
You need not know how to use metastock.All u need is a good book on technical analysis.if u are clear about the concepts of ta then u will be automatically using meta without anybodys help.Further there is a quick start tutorial in the meta stock help tab which may help u.
 

praveen taneja

Well-Known Member
#4
sir i read many time n read that but watever prediction i get from it mkt goes just opposite of it n also i dont know in which condition suits MACD or anything else so still behind people requesting them to give tips.joined many groups but most of them are cheats who charge n say 90% accurate n when u join its vice versa
 

praveen taneja

Well-Known Member
#5
i also read man fish of saint ji but that cant b understand in a day or two n that is so long when u reach in between u lost the teaching of earlier n terms used by him/Is there any other way for learning or v hav to go thru full process of becoming a raw analyst
 
#6
sir i read many time n read that but watever prediction i get from it mkt goes just opposite of it n also i dont know in which condition suits MACD or anything else so still behind people requesting them to give tips.joined many groups but most of them are cheats who charge n say 90% accurate n when u join its vice versa
Dear praveen
do not relay on indicators,they will only confuse u.The only way to survive the market is to trade the chart patterns.You can use indicators only as a confirmation to the signals given by chart patterns.The easiest and the most effective tool is the trend line and the support line.If u know how to use the trend and support lines u need not know any other indicator or chart pattern.Believe me i have lost huge money trading indicators,only after trading trend line and supportline could i manage to revover my losses and now iam making profits.
here is a link to chart pattern.
http://www.incrediblecharts.com/sitemap.php?cluster=8
chart patterns occur in any time frame so no matter u are a daytrader or swingtrader u can profit from chart patterns.But u must strictly follow the stoploss and the target.
 
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praveen taneja

Well-Known Member
#7
Dear praveen
do not relay on indicators,they will only confuse u.The only way to survive the market is to trade the chart patterns.You can use indicators only as a confirmation to the signals given by chart patterns.The easiest and the most effective tool is the trend line and the support line.If u know how to use the trend and support lines u need not know any other indicator or chart pattern.Beleive me i have lost huge money trading indicators,only after trading trend line and supportline could i manage to revover my losses and now iam making profits.
thnk u for replying sir can u give me any link or anything to read n understand chart pattern.Really i need someone who can guide me on this god bless u :)
 

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