Try a cheap lesson. Interactive.
Friends,
We have come across much information and lessons based on price, indicators, charts, strategies, volumes, trends, patterns, fibonacci, pivots etc., etc., and much more.
Without much oppose, we get our due lesson when we actually put them into practice. Learning becomes costly if the real money is involved. The Echo is "is there a lesson which is cheap yet very effective".
Hence, I thought of trying out this thread "Let us try a cheap lesson".
Let us see where will this thread lead us.
come friends....join....to "Try a cheap lesson".
Every journey starts with a first step. Whether right or wrong, we have come forward by making our first step. A journey into a stock market is never ending. Its our endeour towards that never ending journey.
We have things at hand but are really confused to put them to work. It becomes impossible to compre when the things are different. So, let us all focus on one single point without much distraction. Let all participate and give their views. The Aim is to make outcome be simple and understandable. As we grow, we can gradually expand our limits. For now, let us keep it simple.
I will post a chart here possibly at the end of every week or as and when required but not later than a week. (Every one is free to suggest me a chart).
Our aim is to analyse the stock. Everyone is free to use any parameter except wild guessing. The analysis can include whether taking buy/sell position etc. If its a position, you can predict the future price with a stop loss. Mentioned the timeframe within which the target likely to be met. If a strategy is employed, please feel free to share it here. Further, you can explain why u took the position.
An example is as follows :-
I am bullish on the stock. Present price is rs.300. target is rs.340 within a week. Stop loss is rs.288 being the support line etc. The uptrend is intact and price retraced to its present level after testing trendline. RSI and stoch are not yet overbought but rising. MAs are in favour of the stock. Add...further....strategy...whatever you think apt to say......
Please refrain from the temptation of editing the post except for value addition, otherwise the effectiveness of a cheap lesson vanishes.
Fools learn from their own mistakes. Wise learn from others' mistakes. Is the statement not apt to be stated here?
A final appeal. We are here not to impress anyone but for our own good. Just do things naturally.
Chart will be posted.
Wish you all the best of trading ideas.:thumb:
Friends,
We have come across much information and lessons based on price, indicators, charts, strategies, volumes, trends, patterns, fibonacci, pivots etc., etc., and much more.
Without much oppose, we get our due lesson when we actually put them into practice. Learning becomes costly if the real money is involved. The Echo is "is there a lesson which is cheap yet very effective".
Hence, I thought of trying out this thread "Let us try a cheap lesson".
Let us see where will this thread lead us.
come friends....join....to "Try a cheap lesson".
Every journey starts with a first step. Whether right or wrong, we have come forward by making our first step. A journey into a stock market is never ending. Its our endeour towards that never ending journey.
We have things at hand but are really confused to put them to work. It becomes impossible to compre when the things are different. So, let us all focus on one single point without much distraction. Let all participate and give their views. The Aim is to make outcome be simple and understandable. As we grow, we can gradually expand our limits. For now, let us keep it simple.
I will post a chart here possibly at the end of every week or as and when required but not later than a week. (Every one is free to suggest me a chart).
Our aim is to analyse the stock. Everyone is free to use any parameter except wild guessing. The analysis can include whether taking buy/sell position etc. If its a position, you can predict the future price with a stop loss. Mentioned the timeframe within which the target likely to be met. If a strategy is employed, please feel free to share it here. Further, you can explain why u took the position.
An example is as follows :-
I am bullish on the stock. Present price is rs.300. target is rs.340 within a week. Stop loss is rs.288 being the support line etc. The uptrend is intact and price retraced to its present level after testing trendline. RSI and stoch are not yet overbought but rising. MAs are in favour of the stock. Add...further....strategy...whatever you think apt to say......
Please refrain from the temptation of editing the post except for value addition, otherwise the effectiveness of a cheap lesson vanishes.
Fools learn from their own mistakes. Wise learn from others' mistakes. Is the statement not apt to be stated here?
A final appeal. We are here not to impress anyone but for our own good. Just do things naturally.
Chart will be posted.
Wish you all the best of trading ideas.:thumb:
Last edited:
