start of a equity trader in indian market

oilman5

Well-Known Member
#91
5.importance of rationality
8.visualisation is key
10. see how winners behave
11. elements of trading.........ta fa mm
15. trade element
16. write trade diary
30. news play
32. technical signal
44. day.....swing ......position
45. learn from traderji
49. learn from vvonteru
60. my view on trading
Please use discretion on stops based on confirtability and money management plan.

--------------------------------------------------------------------------------For All:
Remember, We can always make money. But, never make adjustments on how We do business. What I mean is, never move stops. If we do and lose money, we are not just losing money. we will lose confidence. This will affect the outcome of decisions on other positions.
Here I am writing
…………………….
Trade element…….

1] you…..swot …..time to learn..your natural patience…time u have..
BELIVE IN REALITY ,NO WISHFUL THINKING
2] market…your believe on market…
your ta tool mastery
your fa tool mastery
info network

3] fund to learn and experiment..
play less analysis more..use diary..
many help available @traderji.com

4] PSYCHOLOGY
read…book of dr elder..
market wizard series
mark doglous
ari kiev
Livermore

5] personality……& trade analysis

dr van tharp
dr bill William
larry William
Linda
Mark boucher
Dave landy
RAKESH JUNJUNWALA

6] trade system design
………………………..
Bernstein
Kaufman
Tusher chande..
Martin pring
Technical trade system
Instant profit

7] individual choice
bird watching in lions country
phantom of pit
personal software…metastock & omnitrader

8] trading style…its an individual choice

9] recent experiment….

Dynamic trading..and trend dynamics

10] encyclopedia of chart pattern
candle stick chart study

11] most useful concept
……………………………..
money management
risk control

12] yet to learn
……………………
volatility
optimum stop….

FUTURE DREAM
……………………..
A PROFESSIONAL TRADER AFTER 3 YR


EXPERIMENTAL TA..

1] TREND AND NON TREND BOTH EXIST IN MARKET

2] RANDOM NESS HAS ITS ROLE…
ITS AFTER BREAKING OF RANDOMNESS TREND STARTS

WHEN TREND TERMINATES…ITS DIFFICULT TO PREDICT…

3] PRICE PREDICTION AND STOP GIVES OBJECTIVITY
HOWEVER.. BASED ON WHAT PRICE TELLING U MUST EXECUTE

CONTROL OVER MIND MOST IMP.

4] SCANNING TOOL…PORTFOLIO CONCEPT HELPFUL

hope u enjoy this view..
this view r personal and suits me
.............................................
75. a view in depth
80. fa
81. some rule
85. how a trader develop
91. some testing idea
93. copy paste from cv
100. views of oilman
105. views of sh50
110. views of some member
119. my critical view after loss
130. my view on ta
142 my view on investment vs trading
145. a sketch for subjective trading model
147. a trade sheet
157. elements of trading
159. time element
160 163 164..time frame
166. subjective view
177. a conclusive view
............................................
so amolgh...........
now u can easily read a thread 'journey of a trader'......
as sl no .....posting suggest........what u may get out of it.
this much i can do...........as i go through all post of thread ......to see utility
........
with good wishes
oilman5
 

oilman5

Well-Known Member
#92
gm ss......hope u r in fine spirit in new house.......market must helping u earn well
.......sorry for late reply.........as i read whole thread to comment.
pm me if u like
 

oilman5

Well-Known Member
#94
so i try to brief on 'trading system for beginner'
sl no..........suggest post no and then its utility........
......................................................................
6. smart
9. system aim
11. high probable trade
12. swing
17. position trade
26. system data of oilman[discreationary trader]
29. chess vs. stock play
31. bridge idea
32. a momentum system

.....................................
hope amolgh u find it easier to read
 

oilman5

Well-Known Member
#95
in a thead 'tools of a trading pro'..........many imp aspect of trading r discussed by some pros........availalable at this site...........this is a good theard to read.
.......................................................................
post 28.......
post 32.......
post 33........
post 35........conclusive view
post 58........a tool is given
post 59.........my analysis
post 65 and 69.......a discussion
..................................
the guide line may bring best out of u
regards to all trade learners
 

oilman5

Well-Known Member
#96
next u come to read 'learning of a discreationary teader'...........it is a gem of a thread i believe .........as concept of MENTOR and TRADE SCHOOL i try to visualise in learners' term.
post 31 32 33...........reread
post 38........a good one
post 42.....ok
post 59........reread
post 62......good one
.....................................
hope this clarify all thread created by me.............made easy' approach
nothing more
from a would be pro
 

oilman5

Well-Known Member
#97
faltub,but by first thread...........i suggest .....survival is first law.........2nd is art of being lucky.........i still feel sorry .....when anybody loses in market.
if possible as ref number given .........read that way .........all 4 thread.........have a faith over a person who plays with 7digit,no tv news, ofcourse chess he knew.....hence can handle complex thought process[edge]
with regards
 

oilman5

Well-Known Member
#99
no marcus............its u have great collection,..i only see market.............as i see through my eyes only...........and some of realisation r sometimes expressed.+pt is they r tested in market for last 6yr.........with 7digit absolute return .
with regards u
oilman5
btw.........now i'm afraid..........only play with little risk.........not have the courage to give up 6digit salary to turn professional trader.
but assured to give knowledge a try .....to become crorepati in 2010
 

oilman5

Well-Known Member
a layman term i try to explain...........CYCLE
shm........simple hormonic motion .........repeating cycle.
in human ..........born grow......maturity..........death
in company..........start.........growth .........expotential growth.......other competitor try to expand...........a stable position........decay
in ECONOMY BOOM BUST CYCLE
at low of gnp, recession .........bank interest cut........create idea generator. to do business........easy margin ....confidence..........make business click,now further money creates expansion ........creates boom.........growth rate improve........ultimately expansion r parabollic.........fools try to make without knowing what to make........paper business tiger.......unnecessary expansion,excessive supply of creates demand down....further rate rise by bank.......add the balloon ready to bust......inflation show its ugly head.prudent sells share........take cash.......suddenly based on a rumour , panick reaction .........make bubble busts.........slowly recession moves up,....economic growth rate comes down............this CYCLE occurs again again.in stock market we call it bull-bear cycle,trough -peak analysis.
just see indian market.........guess what state it is now
 

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