Precision Technicals and Angel broking TA Courses.

#11
Precision Technicals use there way of formula to the market.
They have develop there software in very good way.

how you can attend there workshop to get more details or intraday seminar.
yoou can see the software.

thanks
 
#14
hi guys

I attended Precision technicals seminar etc.
It is not worth.
They are good selling a software that doesnt help much.

The only thing they said that seemed good was
on 5 min chart,intraday trading system.
MANAGEMENT

1)They insist trade only max 3 trades a day and quit for the day after you make profits.
2) DONT TRADE IF YOU ARE NOT IN GOOD MOOD.


special mention
Draw a horizontal line on chart and use it for stoploss.Never keep stoploss in broker terminal.

They have colored candle system.
WATCHLIST= USE ONLY LIST OF STOCKS THAT EXIST IN FUTURES (ABOUT 230)
WHY?
(BECOZ NSE CHOSE THESE AS FIT FOR SAFETRADING IN FUTURES AND NSE IS QUALIFIED TO DO IT RIGHT)
HOW MUCH TO BUY?
PICK SCRIPS SUGGESTED BY THEIR SCANNER.
CAPITAL TO USE =10000 OR LESS
POSITION SIZING AND RISK
1)NO OF SHARES TO BUY=10000/PRICE OF STOCK
2)MAX RISK= LIMITED TO LOSS( LOSS = EXIT PRICE AT STOPLOSS -ENTRY)
1)Buy if a green candle appears at close or high.
2)Use entry candles (LOW -2) as stoploss ,draw a line .
Their software helps draw stoploss line with price on top of it.
3) Move stoploss up if you make 0.5% gain.
4) Exit if candle color changes to red.

The color of candle comes possibly from ema5 and ema13 system.
There are far better concepts for candle colors.
we can develop codes for them.
The SOFTWARE COSTS about 7000 for 3 months approx.
REALLY NOT WORTH AS NO MONEY CAN BE MADE USING IT.
 

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