Traderji.com Kolkata Meet

rhimadri · #**401** 10th April 2008, 09:48 AM

Quote:

Originally Posted by rkkarnani

Friends, Sorry for this late post and now it seems all has been said that needed to be told about the Great Kolkata Meet. Anything left shall be told by the recording of the meet to be put up.

I find we have failed to acknowledge the valuable inputs by rhimadri on his trading system. (Or maybe I missed to read the same).

So here I go giving the details as I have understood about the Trading System RHIMADRI had so kindly shared with us all :

He uses FChart Pro and says its a very good software.
He says : Time is MOST IMPORTANT factor in deciding a system set up. Fine tuning Time periods is VERY VERY IMPORTANT.
He uses MACD and CCI.

His set up has
MACD EMA (9,12,26)
1. CCI 14 with 9 days smoothing
2. CCI 20 with 9 days smoothing.

Whenever MACD goes above Signal line, a small quantity is taken.
When CCI 1 is greater than CCI 2 more quantity is taken
When CCI 1 > 100 double quantity is taken.
When CCI 1 goes below 100 exit fully.

Other exit scenario : CCI 2 is less than CCI 1

Imp. comment by RHIMADRI : CCI overbought is a misconception.

I would request RHIMADRI to correct mt post of any errors that might have cropped in.

I however could not configure the system in Metastock. Reason being myself a novice in handling Metastock and also MACD EMA I could not adjust to the specification given by RHIMADRI.
Need help to set up the SET UP in metastock.

So friends here we have selfless people like Saint, Rhimadri, Uashish, Saumya, swagat, Sanjay, Biyasc who all SHARED their trading sytems strategies and Ashish Da went a step further he gave a ready madew EXPERT/INDICATOR for Metastock. All these people have overcome the EGO as said by VVVV in his post about traders not SHARING due to ego problems. They are bound to be ever successful in their trades.
All the best to all of them. They have certainly enriched the trading perspective of many of us and hopefully very soon the Bank Accounts too !!!!

Dear Karnani,

I feel honoured at your kind gesture and thank you for explaining my swing trading system discussed at Kolkata meet. I would like to clarify on CCI as follows:-

When CCI1 cross +100 and CCI1 > CCI2 , entry quantity is doubled and when CCI1 goes below -100 and CCI < CCI2, I exit completely. Hope I have clarified to you.

Further I would like to inform you that I use both Metastock and Fchart Pro but I feel comfortable with Fchart Pro for its easy formula coding.

Cheers

Himadri

Saint · #**402** 10th April 2008, 09:51 AM

Quote:

Originally Posted by oilman5

sorry all friend.............i have no more ego...........i lost my mother

Hurting news,my friend........I am so sorry for your loss.Could feel your pain after talking to you just now,.....and it hurts.

Praying for you and with you....

Saint

Sats · #**403** 10th April 2008, 09:55 AM

Quote:

Originally Posted by oilman5

sorry all friend.............i have no more ego...........i lost my mother

Thats gr8 loss buddy... very orry for u...

Sats

rhimadri · #**404** 10th April 2008, 10:08 AM

Quote:

Originally Posted by oilman5

sorry all friend.............i have no more ego...........i lost my mother

I am profoundly grieved to learn about sad demise of your beloved mother. May almighty give you and all your family memebers necessary courage and wisdom at this hour of loss. May her departed soul rest in peace.

Himadri

rkkarnani · #**405** 10th April 2008, 10:12 AM

Quote:

Originally Posted by oilman5

sorry all friend.............i have no more ego...........i lost my mother

So sorry oilman, can feel your pain!!!! Been there myself, its the greatest loss a man can have !!! May the departed soul be in peace in her heavenly abode.

uasish · #**406** 10th April 2008, 10:13 AM

Not very easy to pinpoint what i have learnt,many things...........
To specify in one sentence would be

Ignore the Semantics Focus on the Content.

rkkarnani · #**407** 10th April 2008, 10:16 AM

Quote:

Originally Posted by rhimadri

Dear Karnani,

I feel honoured at your kind gesture and thank you for explaining my swing trading system discussed at Kolkata meet. I would like to clarify on CCI as follows:-

When CCI1 cross +100 and CCI1 > CCI2 , entry quantity is doubled and when CCI1 goes below -100 and CCI < CCI2, I exit completely. Hope I have clarified to you.

Further I would like to inform you that I use both Metastock and Fchart Pro but I feel comfortable with Fchart Pro for its easy formula coding.

Cheers

Himadri

Daer Himadri,
Credit is given where it was due.
Can you help me about coding the parameters in MACD in MS and also CCI . Somehow I could not, in any case I am not very proficient in it. Any small help is welcome.
Regards.
-R K Karnani

Tapaswi.S · #**408** 10th April 2008, 10:19 AM

Quote:

Originally Posted by oilman5

sorry all friend.............i have no more ego...........i lost my mother

That is a great loss Sudip(oilman), my deepest Condolences to you. my god give you all the strength and courage needed to face the situation. I wish i had your phone no.

Tapaswi.S

biyasc · #**409** 10th April 2008, 10:21 AM

my biggest problem before the meet was, i hesitated to book profit, even with a decent gain. but i silently heard what asisda said to us, "book part of your profit quickly & rise the stop to breakeven. this is the way you can survive in market." so after the meetup now i am able to book some quick profits as per asisda's plan. thanks to asisda.

sunondo da, the most simple person with silent activities. what i can say about you. cheers to you.

i also silently heard saint's comment/s about his simple pivot trading method. & i believe saint is a true pro-trader. not because of his pivot system, because of his disciplines. the strong desire to follow the plan without emotion. & i again realized the importance of disciplines.

i talked with deb, his round figure (block trading) trading method also inspired me a lot. i must have to look at it very seriously.

joy_mitali explain a fine tuned non-technical trading method based on my thread "breakout trading vs coin toss". thanks to you joy.

sanjay da (sgm), the most dynamic person i met on the meetup. liked all of your words. i ahve become your fan.

oilman, i was a silent fan of him. and i met him on the meetup. thats my good luck. keep it up. looking for lots of your long post/s.

santanu & satyajit da, the mose simple traders with good human being. hats of to you. carry on.

souma, swagat, the youngest traders on the community with great technical knowlwdge. best of luck.

promod, amit jain, satya, nandini - they all have a strong desire to learn. best of luck.

rkkarni, who gave me a lift on his car. thanks rk sir.

thanks to mnandini for the polo & rkkarnani for big rosogollas.

else i met lots of educated, smart, & good peoples. i wish all of you, best of luck for your near future.

now about me, i had nothing to share with all of you. sorry friends.

finaly, thanks to asisda & sunondoda for your great venture. i salute you.

ratan jain · #**410** 10th April 2008, 10:50 AM

Quote:

Originally Posted by oilman5

sorry all friend.............i have no more ego...........i lost my mother

May God bless her soul and give your family members the the strength to cope with this loss.

Pray for her, thats all you should be doing now....