Not able to take correct decisions

Discuss Not able to take correct decisions at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; I use a trading software for trading and know technical analysis also well. But never ...


Go Back   Traderji.com - Discussion forum for Stocks Commodities & Forex > METHODS & STRATEGIES > Technical Analysis
Register Blogs FAQ Chat Room Search Today's Posts Mark Forums Read

Technical Analysis Discussion of all the principles involved in technical analysis.


Welcome to the Traderji.com - Discussion forum for Stocks Commodities & Forex.

You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features.

By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features.

Registration is fast, simple and absolutely free so please, join our community today!

If you have any problems with the registration process or your account login, please read the FAQ.

Reply
 
Thread Tools
Sponsored Links
  #1  
Old 21st February 2008, 05:45 PM
Member
 
Join Date: Feb 2008
Posts: 2
chellps is on a distinguished road
Angry Not able to take correct decisions



I use a trading software for trading and know technical analysis also well. But never I have taken a correct buy or sell. What should I do to correct this.

Reply With Quote
  #2  
Old 21st February 2008, 05:52 PM
Member
 
Join Date: Apr 2007
Location: India, West Bengal, Kolkata
Posts: 733
Blog Entries: 1
biyasc is on a distinguished road
Default Re: Not able to take correct decisions

Quote:
Originally Posted by chellps View Post
I use a trading software for trading and know technical analysis also well. But never I have taken a correct buy or sell. What should I do to correct this.
just try to find out your previous mistakes. & try to build a plan including entry/exit level along with exact postion size calculation. your plan success rate may go below 50%, but look for sound risk:reward ratio, though i am not an expert trader but i feel disciplies may turns a losing trader to a wining one. which i am trying to maintain very hardly.

Reply With Quote
  #3  
Old 21st February 2008, 05:56 PM
Member
 
Join Date: Apr 2007
Location: India, West Bengal, Kolkata
Posts: 733
Blog Entries: 1
biyasc is on a distinguished road
Default Re: Not able to take correct decisions

Quote:
Originally Posted by hari09omkar View Post
Now just take the opposite position.Where ur system is giving buy,go short and vice versa.....
hari, i have post a message on uasish's "nifty....7300" thread. should you please reply on it?

Reply With Quote
  #4  
Old 21st February 2008, 05:57 PM
Member
 
Join Date: Dec 2006
Location: KOLKATA
Posts: 780
hari09omkar will become famous soon enough
Default Re: Not able to take correct decisions

Quote:
Originally Posted by chellps View Post
I use a trading software for trading and know technical analysis also well. But never I have taken a correct buy or sell. What should I do to correct this.
Now just take the opposite position.Where ur system is giving buy,go short and vice versa.....

Reply With Quote
  #5  
Old 21st February 2008, 05:58 PM
Member
 
Join Date: Apr 2007
Location: India, West Bengal, Kolkata
Posts: 733
Blog Entries: 1
biyasc is on a distinguished road
Default Re: Not able to take correct decisions

Quote:
Originally Posted by hari09omkar View Post
Now just take the opposite position.Where ur system is giving buy,go short and vice versa.....
thats called a smart man.

Reply With Quote
  #6  
Old 21st February 2008, 06:02 PM
Member
 
Join Date: Oct 2006
Location: Mumbai
Posts: 1,148
SavantGarde is on a distinguished road
Default Re: Not able to take correct decisions

Hmmmmmm.....Well....Well......The Moment You Accept That You Do Not Know Technical Analysis That 'Well'......You Should Start Doing....... Well..........Enough

The Statement Above Is A Serious Statement & Not A Joke

SavantGarde

Quote:
Originally Posted by chellps View Post
I use a trading software for trading and know technical analysis also well. But never I have taken a correct buy or sell. What should I do to correct this.

Reply With Quote
  #7  
Old 21st February 2008, 06:11 PM
Member
 
Join Date: Feb 2008
Posts: 154
wc2007 is an unknown quantity at this point
Default Re: Not able to take correct decisions

I think u need professional Advice, I am using Religare as my broker and they have Research papers every day, I have joined weeks ago and am sitting 10% up excluding Brokerage

Reply With Quote
  #8  
Old 21st February 2008, 06:20 PM
Member
 
Join Date: Dec 2006
Location: KOLKATA
Posts: 780
hari09omkar will become famous soon enough
Default Re: Not able to take correct decisions

Quote:
Originally Posted by wc2007 View Post
I think u need professional Advice, I am using Religare as my broker and they have Research papers every day, I have joined weeks ago and am sitting 10% up excluding Brokerage
What do u mean by professional advice is subscribing to the Religare 'research paper'? Give us a break man.

Reply With Quote
  #9  
Old 21st February 2008, 06:21 PM
Member
 
Join Date: Dec 2006
Location: KOLKATA
Posts: 780
hari09omkar will become famous soon enough
Default Re: Not able to take correct decisions

Quote:
Originally Posted by SavantGarde View Post
Hmmmmmm.....Well....Well......The Moment You Accept That You Do Not Know Technical Analysis That 'Well'......You Should Start Doing....... Well..........Enough

The Statement Above Is A Serious Statement & Not A Joke

SavantGarde
That is very true in every aspect of academics.Well said Sir.

Reply With Quote
  #10  
Old 21st February 2008, 06:22 PM
Member
 
Join Date: Dec 2006
Location: KOLKATA
Posts: 780
hari09omkar will become famous soon enough
Default Re: Not able to take correct decisions

Quote:
Originally Posted by biyasc View Post
hari, i have post a message on uasish's "nifty....7300" thread. should you please reply on it?
Ya why not? Just a while please.....

Reply With Quote
Sponsored Links


Reply


Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



All times are GMT +5.5. The time now is 10:13 AM.

Indemnity, Disclaimer & Disclosure Notice:
• By visiting Traderji.com you indicate your acceptance of our Forum Rules Disclaimer & Disclosure and indemnify Traderji.com, its associates and related parties of all claims howsoever resulting from the usage of the forum.
Disclaimer: Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility. Traderji.com will not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information.
Disclosure: The information in this forum is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.
• All names or products mentioned are trademarks or registered trademarks of their respective owners.
General Content Disclaimer Notice:
In light of our policy of encouraging candid, open exchanges of views and the rapid distribution of information originating from many sources, Traderji.com cannot determine the accuracy of information that may be uploaded to the forum. Opinions, advice and all other information expressed by participants in discussions are those of the author. You rely on such information at your own risk. You are urged to seek professional advice for specific, individual situations and not rely solely on advice or opinions given in the discussions. Since Traderji.com is an open and free discussion forum, any comments made by members of this forum in their posts reflect their own views and not of the owner or administrator of Traderji.com. Thus the owner/administrator indemnify themselves of all claims whatsoever and will not be liable or responsible for any members comments/views in this forum Traderji.com. If you find any objectionable or offensive posts made by members of this forum which you would like to bring to our notice for removal then please Contact Us.
 


Copyright © 2001 - 2008, Traderji.com All Rights Reserved.

Recommended Websites - www.TradersEdgeIndia.com - www.TradingPicks.com - www.HiFiVision.com - www.MasterOfTrading.com - www.NotebookTalk.com