New to Trading - need help!
- Thread starter altaf03
- Start date
Brother, there is so much of information on this site itself. Technical trading strategies and Advanced technical trading strategies are couple of threads where you can get wealth of info. Do not be in a hurry. Read them. These are explained very well .Some are on chart basis while other strategies are mechanical. Since it's beginning for you , first read them and understand them. Then comes paper trading. And finally comes real trades. Long way to go........challenging but not impossible................GOOD LUCK.
It is a very Difficult to predict The Intraday trend for any Stock.
Follow the below method to get an 360 degree overview how the market behaves and where the common trader do not pay attention.
Price and volume is the main parameter for any trading.
On any of your trading software open any scrip.
open the chart
set to 5 min candle stick pattern
Add 3 study of Average line
5 mins, 15 mins and 30 mins.
Follow the indication of these line.
Buy the Scrip if the 5 mins average line cut the 30 mins average line and move up (increase in volume)
Sell the the Scrip if the 5 mins average line cut the 30 mins average line and move down (increase in volume)
Hope This might be very helpfull for All the levels of investers and traders.
thanks enjoy trading
Follow the below method to get an 360 degree overview how the market behaves and where the common trader do not pay attention.
Price and volume is the main parameter for any trading.
On any of your trading software open any scrip.
open the chart
set to 5 min candle stick pattern
Add 3 study of Average line
5 mins, 15 mins and 30 mins.
Follow the indication of these line.
Buy the Scrip if the 5 mins average line cut the 30 mins average line and move up (increase in volume)
Sell the the Scrip if the 5 mins average line cut the 30 mins average line and move down (increase in volume)
Hope This might be very helpfull for All the levels of investers and traders.
thanks enjoy trading
Most basic and one of the oldest ways of making trading decisions. If you are new to trading, then this can be a start. Only problem: Sideway markets will f**** you up with that simple MA.
If you like to trade just on such oldie indicators and you may are not able to get more advanced data and charting software or even do not understand them or have limited or no knowledge of TA, then you definitely should join this thread:
http://www.traderji.com/technical-analysis/68719-quadra-safe-trading-strategy-i.html#post666292
The thread explains in detail a MA trading system. Very nicely done.
Good luck
DanPickUp
If you like to trade just on such oldie indicators and you may are not able to get more advanced data and charting software or even do not understand them or have limited or no knowledge of TA, then you definitely should join this thread:
http://www.traderji.com/technical-analysis/68719-quadra-safe-trading-strategy-i.html#post666292
The thread explains in detail a MA trading system. Very nicely done.
Good luck
DanPickUp
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