graphs? pivot tables?? SL's?? help please!!

C

cchaitu

New Member
#1
#1
hello gurus,

am as new as a infant to this world of investing and need some help please.

I have checked most of the guides here and they talk about stop loss which I understand a bit. Am confused by the charts that you guys show for 30 minutes and 5 minutes. where do you get this charts from?? am i supposed to be a pro at excel to get these charts?? am sorry to sound naive but honestly am very very new.. please help. Thanks for your time and help.
 
bunny

bunny

Well-Known Member
#2
#2
You can do this in excel, but it would be nice to have a special charting software.
Popular ones being amibroker, metastock, fsharts(free), chartnexus(free). Alternatively, you can use web-based free charting service of www.icharts.in/charts.html

With most of the free softwares, you can only draw daily data. In other ones, you can draw charts for lower data resolution like 1 min, 15 min, hourly, etc.
 
natrium

natrium

New Member
#3
#3
I think Bunny has give most answers to your question.
Pivot tables are used to a large extents by day traders. But you have to have good understanding of support and Resitance, before you start trading. There are so many ways to decide on stop losses and one of the very basic ways is to set STOP loss exit at 1-3% below the confirmed support level.

The follwing links will help :

http://stockcharts.com/help/doku.php?id=chart_school:chart_analysis:support_and_resistan
 
J

jacobvacha

New Member
#4
#4
hI
if the free sofwared provided have one day data( daily) only i can hardly help at best the day traders only . am i right?
so it is best to ignore it rather getting some . and wrong assumptions

so indiabulls,moneycontrol charts are better to see for oneself the status of a scrip technically?
pl advice
 
M

munnabhai208

Active Member
#5
#5
cchaitu said:
hello gurus,

am as new as a infant to this world of investing and need some help please.

I have checked most of the guides here and they talk about stop loss which I understand a bit. Am confused by the charts that you guys show for 30 minutes and 5 minutes. where do you get this charts from?? am i supposed to be a pro at excel to get these charts?? am sorry to sound naive but honestly am very very new.. please help. Thanks for your time and help.
Click to expand...
Friend,
Don't worry... if u are very new to trading pl download teach a man fishing by saint Sir from my signature.
 
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