U
Hi,
There are many in this forum or outside who will tell you about how wonderfull acurate Tips are given by so and so ,dont fall for it,now you are tender & suseceptable to fall for those traps.One very imp. thing is you have to gulp knowledge & devote 500% time to learning every damn thing about TA. & swim through 100's of charts.This is your formative stage once you are thru this earning & living comfortably trading all throughout life is an absolute reality.This trading is a proffession taken by many ,many people.Only believe those who are consistently successful (monetary wise),rest all are braging &
bullshit.Money earned is the only parameter of success of any indicator/oscillator/system/strategy nothing else.
1st & formost go thru all i repeat all the posts of MACD thread of kartikumar.Learn every thing thing about MACD ,all details ,why Moving Avg Cross over,why Simple or Exponential ,what is the mathametical difference of
SA & EMA etc etc.MACD is the only safe indicator which will keep you on the right side of mkt. Now you are not in a stage to grasp Pattern ,the thread of Ashish,get a free software & free EOD data,set up a comfortable place & hybernate with MACD for few days & look at 1000s of charts to grasp it.I gaurantee you only MACD or Pattern or Stochastic will give you money.Divide your capital to 2 parts,put 1 part in savings a/c (to sustain few months a monk like lifestyle) rest in on line broker's a/c & buy only in your capital no broker's exposure,now is your learning phase ,not earning phase.This i have personally gone thru twice in my life & these are the only way to succeed.99% of the members in this forum has a seperate source of income,unlike you & me ,mkt is like an alternate source to them.Best of luck.If you ever happen to be at Kolkata from Delhi i will take you to few people for whom Trading is the only proffession & all each & all have gone thru your stage in there early trading days.
Asish
There are many in this forum or outside who will tell you about how wonderfull acurate Tips are given by so and so ,dont fall for it,now you are tender & suseceptable to fall for those traps.One very imp. thing is you have to gulp knowledge & devote 500% time to learning every damn thing about TA. & swim through 100's of charts.This is your formative stage once you are thru this earning & living comfortably trading all throughout life is an absolute reality.This trading is a proffession taken by many ,many people.Only believe those who are consistently successful (monetary wise),rest all are braging &
bullshit.Money earned is the only parameter of success of any indicator/oscillator/system/strategy nothing else.
1st & formost go thru all i repeat all the posts of MACD thread of kartikumar.Learn every thing thing about MACD ,all details ,why Moving Avg Cross over,why Simple or Exponential ,what is the mathametical difference of
SA & EMA etc etc.MACD is the only safe indicator which will keep you on the right side of mkt. Now you are not in a stage to grasp Pattern ,the thread of Ashish,get a free software & free EOD data,set up a comfortable place & hybernate with MACD for few days & look at 1000s of charts to grasp it.I gaurantee you only MACD or Pattern or Stochastic will give you money.Divide your capital to 2 parts,put 1 part in savings a/c (to sustain few months a monk like lifestyle) rest in on line broker's a/c & buy only in your capital no broker's exposure,now is your learning phase ,not earning phase.This i have personally gone thru twice in my life & these are the only way to succeed.99% of the members in this forum has a seperate source of income,unlike you & me ,mkt is like an alternate source to them.Best of luck.If you ever happen to be at Kolkata from Delhi i will take you to few people for whom Trading is the only proffession & all each & all have gone thru your stage in there early trading days.
Asish