successfull trades using TA & earned money?

krgramesh · #11 4th November 2007, 10:02 PM

Quote:

Originally Posted by amitt29

For those who came in late,
http://en.wikipedia.org/wiki/Technical_analysis

Technical Analysis unless applied with proper rules(as suggested by Oxus,backtested and even frontested in real time market conditions)is just a guessing game.

We have seen offsprings of such faulty notions here.

I rest my case.

Market pricing is based on future prediction, in which a tool is necessary to measure and guide to earn gains, TA is useful, in my experience TA is always right but while following the same we should also follow the below mentioned rules:

AVOID

E,F,G & H (

!!!!) it is nothing but, Emotion,Fear, Greed & HOPE

Rest 100% perfect only.

Best wishes & happy trade

RameshKR

SMART_Trader · #12 5th November 2007, 12:09 AM

Cant trade profitably with TA, FA or QA alone .They are just tools only.Key to successful trading is following a system with an edge,day in and day out ,with prudent position sizing and money management techniques.

Designing a system with an edge is a craft which requires skill. Level of skill and knowledge differs from trader to trader ,so also the efficiency of their system.

What gives the system an edge ? I think if your system is well aligned with the central tendency of the market and if it exploits some of the stock market anomalies successfully (knowingly or unknowingly) it will have an edge.

Once you have a well defined method, just follow the method. Trading becomes as simple as making coffee.

Do not build your system simply on some indicators or patterns. First you should have a clear logical concept. Then translate this concept into a well defined method using appropriate tools ( TA, FA, QA etc) and trade it for a minimum period six months and make suitable modifications if necessary.

biyasc · #13 5th November 2007, 11:57 AM

Quote:

Originally Posted by SMART_Trader

Cant trade profitably with TA, FA or QA alone .They are just tools only.Key to successful trading is following a system with an edge,day in and day out ,with prudent position sizing and money management techniques.

Designing a system with an edge is a craft which requires skill. Level of skill and knowledge differs from trader to trader ,so also the efficiency of their system.

What gives the system an edge ? I think if your system is well aligned with the central tendency of the market and if it exploits some of the stock market anomalies successfully (knowingly or unknowingly) it will have an edge.

Once you have a well defined method, just follow the method. Trading becomes as simple as making coffee.

Do not build your system simply on some indicators or patterns. First you should have a clear logical concept. Then translate this concept into a well defined method using appropriate tools ( TA, FA, QA etc) and trade it for a minimum period six months and make suitable modifications if necessary.

very usefull info. thanks.

Luckytrader · #14 5th November 2007, 01:35 PM

Quote:

Originally Posted by yasu222

How many of you have made successfull trades using TA & earned money?
• Earned More than 1 Lac in a Month
• Earned Between 50k & 1 Lac
• Earned Between 25K & 50K
• Earned Less than 25K
• Earned Nothing

It depends upon how much knowledge you have in T.A?
As knowledge increases, your style of trading, system,management,etc... will also improve.

Regards,
Lucky

amarnath · #15 5th November 2007, 03:11 PM

Quote:

Originally Posted by oxusmorouz

The result can take 4 dimensions
1) Have used TA in trading, applied proper rules, lost
2) Have used TA in trading, did not apply proper rules, lost
3) Have used TA in trading, applied proper rules, gained
4) Have used TA in trading, did not apply proper rules, gained

It is very likely that most will claim to belong to 1 and 3, whereas 2 and 4 will be by large ignored. I do not believe it is possible to get an opinion on a subject merely by taking an opinion. Most who have lost or gained would probably fall under 2 or 4.

When majority of retail segment is simple looser 99%

why public polls always shows just opposite

but oxous have u ever wonder about it

this i can call a public mentality of acting smart

sudoku1 · #16 5th November 2007, 04:21 PM

What is Technical Analysis?
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.

ron2007 · #17 5th November 2007, 05:19 PM

Quote:

Originally Posted by sudoku1

What is Technical Analysis?
Technical Analysis is the forecasting of future financial price movements based on an examination of past price movements. Like weather forecasting, technical analysis does not result in absolute predictions about the future. Instead, technical analysis can help investors anticipate what is "likely" to happen to prices over time. Technical analysis uses a wide variety of charts that show price over time.

Thanks......

I thought T.A means Tooth Ache.

Ron.

here2stay · #18 6th November 2007, 09:16 PM

Quote:

Originally Posted by yasu222

How many of you have made successfull trades using TA & earned money?
• Earned More than 1 Lac in a Month
• Earned Between 50k & 1 Lac
• Earned Between 25K & 50K
• Earned Less than 25K
• Earned Nothing

Dont forget to add
..... lost something?
.....lost everything?
trust me you are going to get a lot of hits on either of the 2 lol...

beginner_av · #19 6th November 2007, 10:38 PM

Quote:

Originally Posted by madhava36

My earnings may vary from month to month. Why not make replying easier by relating the earnings to a single month? -say October 2007.
Please consider.

madhava36

how can anyone use TA and lose money in October 07 of all months?

amitt29 · #20 6th November 2007, 10:54 PM

Quote:

Originally Posted by beginner_av

how can anyone use TA and lose money in October 07 of all months?

Abhijeet,hows you boss,long time no see.

View Poll Results: How many of you have made successfull trades using TA & earned money?
Earned More than 1 Lac in a Month	7	31.82%
Earned Between 50k & 1 Lac	3	13.64%
Earned Between 25K & 50K	8	36.36%
Earned Nothing	5	22.73%
Multiple Choice Poll. Voters: 22. You may not vote on this poll