Stock Market Business Tricks/Gimmicks(Cheats?)

sudoku1

sudoku1

Well-Known Member
#21
#21
do u think dat only d call providers r responsible fr d ever balloning trap set fr traders ?
think over again n again before pointing ur fingers 2wards a group.i m nt nt suporting d accused here...nt ITS D GREED wch makes a trader approach these frauders , bt why,
1 > a trader is in a mess wid his finances due 2 losses arising due 2 his own strategies.
2 > lack of confidence in carrying out a trade.
3> lack of knowledge abt money management .
4> n most imp d false beliefs acquired thru all his past years abt mkt n its functioning thru friends , channels , internet , etc wch may induce fear , anxiety 2wards his approach fr trading.
if a trader is able 2 fix his abv mentioned distorted images,why shud he feel d need fr such dependency on xternal sources 2 make money fr him ?
CONTROL GREED bcoz v r equally responsible 2 provide a fertile breeding ground fr such fraudsters.if dey dont get any business, wat do u think wil b der actions ?
u guessed it rite perhaps...dey will b down like wat USA is 2 witness 2day:thumb:
 
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mastermind007

Well-Known Member
#22
#22
poortrader said:
As you yourself said that he only takes those who r newbies..that explains it all..so save your money, go through the course material by lance beggs -price action trader, and also money management book of van tharp, i think if u master these two you will have enuf ammunition to defend yourself in the market
Click to expand...
Thank you very much. Are those things books that I have to buy or are they PDFs?

I did not conjure that out of thin air. That was what he said and it was a major red flag for me. He said and I quote "It is easier to teach a newbie as they're minds are not filled with negativity".

As far as the principles go, I agree that it is sometimes easier to teach a fresher (a clean slate) but in this industry, there are more fake trainers who are busy earning off one's ignorance

I actually checked that in his paper ad, he has mentioned that if people do not like what he has to say, he will teach 'em for free. Question that I asked he did respond politely but to some other guy, he downright insulted and asked him not to attend.
 
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poortrader

Well-Known Member
#23
#23
mastermind007 said:
Thank you very much. Are those things books that I have to buy or are they PDFs?

I did not conjure that out of thin air. That was what he said and it was a major red flag for me. He said and I quote "It is easier to teach a newbie as they're minds are not filled with negativity".
Click to expand...
Please do some good searches on the internet and you might get them in pdf format, if you want to buy it is your choice.
1) Van tharp - definitive guide to position sizing
2) Lance Beggs Price Action trader 6 volumes
3) Free download on lance beggs site : blog posts 1-100 and 101-150
 
O

oilman5

Well-Known Member
#24
#24
the thread is excellent..................
some comments
1]no call giver can make money.......their profession is ...........sell call.
2] new bees must lose money as per theory of supplier of fools
3] no afl/code can earn money...........they should not come out, experience pro can use them for a search condition mode.
4] read by ST's thread on his blog on nifty trade
....................................................................................
it takes me 10yr 1991-2001 to understand ...........enough is enough. learning from Pro of tradingmarkets.com................i make money by luck -EXPERIENCE COUNTS.
u make money easily in market being contrarian.As a trader, u can made good return by following system.............the system has some assumption- upmarket , trending
2]bearish , down swing more depends pessimistic scenario
3] tradezone market is easiest to trade, buy at bottom, sell at top.
WITHOUT DEFINING THE MARKET ,U SHOULD NOT TRADE. u must have system to control ur greed/fear/hope.
money management is imp.
u have to develop own system- read trend-dynamics .
ur trade journal is best teacher
..............TRADING IS NOT FOR EVERYBODY.
 
SaravananKS

SaravananKS

Well-Known Member
#25
#25
oilman5 said:
the thread is excellent..................
some comments
1]no call giver can make money.......their profession is ...........sell call.
2] new bees must lose money as per theory of supplier of fools
3] no afl/code can earn money...........they should not come out, experience pro can use them for a search condition mode.
4] read by ST's thread on his blog on nifty trade
....................................................................................
it takes me 10yr 1991-2001 to understand ...........enough is enough. learning from Pro of tradingmarkets.com................i make money by luck -EXPERIENCE COUNTS.
u make money easily in market being contrarian.As a trader, u can made good return by following system.............the system has some assumption- upmarket , trending
2]bearish , down swing more depends pessimistic scenario
3] tradezone market is easiest to trade, buy at bottom, sell at top.
WITHOUT DEFINING THE MARKET ,U SHOULD NOT TRADE. u must have system to control ur greed/fear/hope.
money management is imp.
u have to develop own system- read trend-dynamics .
ur trade journal is best teacher
..............TRADING IS NOT FOR EVERYBODY.
Click to expand...
Nice experienced words.....

Though it is so looks cryptic all words came from rich experience:thumb::thumb:
 
W

whisky

Well-Known Member
#26
#26
Got an offer from a sub broker, he will trade my account in MCX 50% Profit sharing with 100% Capital insurance
 
K

karunakumari

Active Member
#27
#27
many buy/sell signal softwares. i have had a very bad experience with 2 of them. just stay away from them. if u want to make money, u must know the logic behind it. if u r unable to derive the logic behind it, u r guaranteed to lose. don't rely on ppl selling automatic buy/sell signals.
 
P

poortrader

Well-Known Member
#28
#28
whisky said:
Got an offer from a sub broker, he will trade my account in MCX 50% Profit sharing with 100% Capital insurance
Click to expand...
Such a contract would not be valid in courts unless he writes a contract where he shows that he has borrowed the money from you, and gives you a PDC cheque. Otherwise, only registered members (in SEBI) of PMS can manage a portfolio of minimum 5 lakh (I am not sure of the exact amount).
 
SaravananKS

SaravananKS

Well-Known Member
#30
#30
How to became a Technical Analyst??

How to Became a Technical Analyst??

For Each Profession there is some Pre Qualification needed..
But to become technical analysis there no Pre Qualification or Knowledge Required.. But one should know how to confuse people that's all :lol:

Here a Call I Received from a Famous Technical Analyst (Paid Service )

Friday Closed Nifty 6189.35 (Spot)

Positive if Nifty holds above Nifty 6111
Upside targets/resistances at 6225,6326 or higher

Negative if Nifty keeps below Nifty 6225
Downside targets/supports at 6111,6032 or lower


So Nifty is Positive above 6111 Negative Below 6225 whether he is Saying sell @ 6225 or Buy at 6111??

if one Sell @ 6225 the What is the Stop Loss

I asked this Question to that Analyst he simply replied that is according to market condition Since Market would turn either way( if I knows market condition then why I need your analysis ??:annoyed:) or based on your risk taking capacity....

So At the end he seems to be always in right way... But what is the use of technical analysis ?? if it is not use full for trade management then why one need to study charts??

if asked these question then I might not get reply:lol:

Lesson :::

if you want became Technical analyst then you need to learn how to confuse people than how to study the chart
 
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