Introduction - Hello To Everyone

Hi Everyone

I have been investing and trading in share market from little less than two years. I am into full time business but I am trying to learn and earn. I have taken up trading as a challenge to successfully trade and make some money.

So far, my trading experience is not very good because most of the time I loose money just because I am impatient. Moreover, first my Stop Loss gets hit and then target is achieved. I need to refine my calculations.

My areas of interest are Equities, Commodities, F&O, IPO and everything. I just dont want to trade on calls..I want to learn and then make use of that call.

I have discovered this forum by searching in google for learning technical analysis.

In past two years I have taken my decisions on investing/trading based on:
i) Market Rumors and Friends advise - which gives mostly loss.
ii) Experts trading calls - I have subscribed to some really known Technical Analysts. I have seen success rate of 9/10 calls but not any more. in Last 1 year that success rate of all the analysts dropped to about 50%.

I have tried my hands on Amibroker, e-Signal, iris and many other small programs just to gain knowledge..

I am here to refine my knowledge and learn from fellow traders/investors.

All the best everyone

vicky2005,

A warm Welcome to the Forum.As far as i know (i maybe wrong) NO daytrader who was successfull earlier has become less successfull or unsucessfull Now,may be the Swing trading signal's holding period has become almost BTST hence the monetary gain part may have reduced in those trades.
Plz try to learn it yourself.

Asish

N.B. In daytrading there are always few strings of bad trades ,those are irrespective of Mkt Status of Bullish or Bearish phase.