online trader,thanks for your honesty.
to learn trading ..to learn ta r basically 2different thing.
.....u r from which city i dont know......if u join mta.....local chapter or on request they shall give u nearby mta..contact person.
just go into detail u shall get .....what u deserve.
ur quote never suggests u go through in detail.for me u have just started learning....collected material only.
i guide only pro [ call giver/ta/rm]....ie. who watch market ...have reqd basic knowledge..
...starting from basic ....really i dont know........those come and do some fine tuning for money earning skill.....[ i get joy of directing right.]
...on helping .....since my friends suggest to give...why not......i try to write some of my experience/real fact which may be useful as a trader...in traderji.com forum...as its in india..
from mumbai..my duty to contribute to people.
so i try to write some 4 thread........
greatest inspiration here is vvonteru....
i also learn something from many a boarder
.......as learning is a continous process......i also practice to learn.....though family and job commitment take away my time.
pm traderji....he may help u
....................
since u have ask for ta ...only that part i shall show some hints.
....ta helps timing. works on probabilistic model ....with experience one can learn.i start to learn in 1991...d.cassidy ....basic ta book.....use of volume/some pattern it take me 2 yr to learn basic[some theory......i am a poor learner]
.....only paper cutting ......and capital market ta mag[long time stop publication]....r available in indian market......
only 2001.....computerised trade......availability of nse and pc........brought me again to old art.....mean while i face 2 quack......who consider they know...i part some money....only to know they r quack........this is the fact u face now......thats why u insist to learn from qualified .
as bse...../nse use data in meta format.....this software..was in india from 1995......so i study this one....in my learning curve........again i repeat it takes time [ afterall i am a parttime learner......not even a sharp college student]
....i face dilemma like u .......lucky to learn from www.tradingmarkets.com...and cbot
in 2002......but i try to learn trading.....useful part of ta.
concept of break out is imp......
concept of support buy r useful........
most imp is predict market danger zone
.............................
since u ask for hard core ta.......i shall stick to it.......which i learn later
....for qualification,......learn trend first......
defn of up/down......volatile.......
next distribution /accumulation
........this must be applied on nifty
........then study,..........fibonacci
then study pattern .....psychology behind each pattern
....imp one for actual trading.......triangle /flag./1-2-3
.......in bullish market ..cup and handle
...then learn bearish one.....h&s..2t/3t.........and what condition they fail
.................
learn short imminent reversal......oneday/ 2day sp. pattern bullish/bearish reversal based on candlestick
next solve.......gap up and gap down.......use it to judge strength of market....no other purpose.....till u grasp it fully..
...............................
after this u should u can look through indicator.....
use ma........dual ma.....experiment with many alternatve.......remember just basic......
smaller one cutting and move up.....shows upward bias.
take a suitable indicator....to gauge strength of market
........
when u know more study one overbought/oversold one .....i prefer william%r
use it in tradezone.......
next level .......is to define and predict........trend or non trend.........which as per me a trader must learn first......2/3 tools available choose any one
....spend time on it........patience pays
..........now come developing a system based on technical.....ha ha..its ur job
.....btw....without divergence study do nothing
.........................
u think u know......but.....study another 2tool ...advance decline and new high/low data......
and raw moneyflow data...particularly fii/mf
.....this is only ta......better use stop/mm.....otherwise...money comes and goes.
....btw u lose due to poor mm......may have listen to some crap..call giver
.........
hope this may help
btw...my email is always given..but i dont guide non pro
to learn trading ..to learn ta r basically 2different thing.
.....u r from which city i dont know......if u join mta.....local chapter or on request they shall give u nearby mta..contact person.
just go into detail u shall get .....what u deserve.
ur quote never suggests u go through in detail.for me u have just started learning....collected material only.
i guide only pro [ call giver/ta/rm]....ie. who watch market ...have reqd basic knowledge..
...starting from basic ....really i dont know........those come and do some fine tuning for money earning skill.....[ i get joy of directing right.]
...on helping .....since my friends suggest to give...why not......i try to write some of my experience/real fact which may be useful as a trader...in traderji.com forum...as its in india..
from mumbai..my duty to contribute to people.
so i try to write some 4 thread........
greatest inspiration here is vvonteru....
i also learn something from many a boarder
.......as learning is a continous process......i also practice to learn.....though family and job commitment take away my time.
pm traderji....he may help u
....................
since u have ask for ta ...only that part i shall show some hints.
....ta helps timing. works on probabilistic model ....with experience one can learn.i start to learn in 1991...d.cassidy ....basic ta book.....use of volume/some pattern it take me 2 yr to learn basic[some theory......i am a poor learner]
.....only paper cutting ......and capital market ta mag[long time stop publication]....r available in indian market......
only 2001.....computerised trade......availability of nse and pc........brought me again to old art.....mean while i face 2 quack......who consider they know...i part some money....only to know they r quack........this is the fact u face now......thats why u insist to learn from qualified .
as bse...../nse use data in meta format.....this software..was in india from 1995......so i study this one....in my learning curve........again i repeat it takes time [ afterall i am a parttime learner......not even a sharp college student]
....i face dilemma like u .......lucky to learn from www.tradingmarkets.com...and cbot
in 2002......but i try to learn trading.....useful part of ta.
concept of break out is imp......
concept of support buy r useful........
most imp is predict market danger zone
.............................
since u ask for hard core ta.......i shall stick to it.......which i learn later
....for qualification,......learn trend first......
defn of up/down......volatile.......
next distribution /accumulation
........this must be applied on nifty
........then study,..........fibonacci
then study pattern .....psychology behind each pattern
....imp one for actual trading.......triangle /flag./1-2-3
.......in bullish market ..cup and handle
...then learn bearish one.....h&s..2t/3t.........and what condition they fail
.................
learn short imminent reversal......oneday/ 2day sp. pattern bullish/bearish reversal based on candlestick
next solve.......gap up and gap down.......use it to judge strength of market....no other purpose.....till u grasp it fully..
...............................
after this u should u can look through indicator.....
use ma........dual ma.....experiment with many alternatve.......remember just basic......
smaller one cutting and move up.....shows upward bias.
take a suitable indicator....to gauge strength of market
........
when u know more study one overbought/oversold one .....i prefer william%r
use it in tradezone.......
next level .......is to define and predict........trend or non trend.........which as per me a trader must learn first......2/3 tools available choose any one
....spend time on it........patience pays
..........now come developing a system based on technical.....ha ha..its ur job
.....btw....without divergence study do nothing
.........................
u think u know......but.....study another 2tool ...advance decline and new high/low data......
and raw moneyflow data...particularly fii/mf
.....this is only ta......better use stop/mm.....otherwise...money comes and goes.
....btw u lose due to poor mm......may have listen to some crap..call giver
.........
hope this may help
btw...my email is always given..but i dont guide non pro
