Teach A Man To Fish And.........

sudoku1 · #**1101** 22nd January 2008, 10:41 AM

Quote:

Originally Posted by Saint

Thanks for all the warm remarks......if not said before,a Warm Welcome to Traderji.

Yep,can get confusing at times.

Broadly speaking,never ever disrespect the longer time frame that you keep for maintaining perspective.

But,to clarify further,let us get to individual charts ......nothing like eyeballing the charts for clarity.

If you don't mind,let me answer all queries first...

All the best!
Saint

but friend , u were the one who was uncomfortable with our level of 18975....!!! ystrday.....!!!!
any way , wellcome to the amazing world of technicals........

yes , go with the flood......!!!!!always.

Saint · #**1102** 22nd January 2008, 10:44 AM

Quote:

Originally Posted by sandeep721

Dear saint

I doubt if I have come across anybody else who is so willing to share his knowledge so that others can benefit, without any benefit to himself. I think the name saint suits perfectly to you. I have been trying to learn technical analysis thru some books and some courses , but none have been
so educational as your thread. You are doing a wonderful and selfless thing.

god bless you and keep it up

Sandeep

Thanx Sandeep for your kind words....

All the best!
Saint

Saint · #**1103** 22nd January 2008, 10:50 AM

Quote:

Originally Posted by sudoku1

but friend , u were the one who was uncomfortable with our level of 18975....!!! ystrday.....!!!!
any way , wellcome to the amazing world of technicals........

yes , go with the flood......!!!!!always.

Have been in that world for more than a decade now.....but thanks for the welcome.

Never uncomfortable with any levels,quite happy that you were having stop areas to get out.Only thing I was pointing out was the holding till close........people who did not hold from your famed 14425 levels which you may have entered pre-Traderji,and was entering at 20000 levels,to ask them to wait for 17605 to get out.......dangerous game in the long run.

Ah,go with the flow always.....Flood or Trickle!

Thank you for your comments

Saint

sudoku1 · #**1104** 22nd January 2008, 10:58 AM

Quote:

Originally Posted by Saint

Have been in that world for more than a decade now.....but thanks for the welcome.

Never uncomfortable with any levels,quite happy that you were having stop areas to get out.Only thing I was pointing out was the holding till close........people who did not hold from your famed 14425 levels which you may have entered pre-Traderji,and was entering at 20000 levels,to ask them to wait for 17605 to get out.......dangerous game in the long run.

Ah,go with the flow always.....Flood or Trickle!

Thank you for your comments

Saint

wrong friend , even @ 20000 levels in our ystrdays thread ' 24th dec.....' if u go through the headlines carefully , it is stated.....'bulls enter 25 %.....@ even then all through the thread , it was cosistently warned 2 new entrants abv the risk they r carrying regarding the stoploss.
& yes....always with the trend , the flow turns in that direction....

thanks for understanding....!

Saint · #**1105** 22nd January 2008, 10:59 AM

Quote:

Originally Posted by sudoku1

wrong friend , even @ 20000 levels in our ystrdays thread ' 24th dec.....' if u go through the headlines carefully , it is stated.....'bulls enter 25 %.....@ even then all through the thread , it was cosistently warned 2 new entrants abv the risk they r carrying regarding the stoploss.
& yes....always with the trend , the flow turns in that direction....

thanks for understanding....!

Ah,great then....

All the best!
Saint

Saint · #**1106** 22nd January 2008, 11:43 AM

Quote:

Originally Posted by digest

hello Saint, nice to see you again.

very first thing thanks for wonderful tutorials u have provided, i am tring to learn technicals slowly.

Most welcome,Digest........slow and steady wins the race,my friend.As your name suggests,Digest the information slowly but surely.Paper trade,small lots.......baby steps for now,my friend.Important now is educating oneself on the nitty-gritties of trading.

Quote:

i have two questions to ask from you if you can guide me it will be very helpful.
1) intraday, trading(short-longterm both), futures, nifty which is the best thing to master to maximise profits and minimise risk/loss.
presently i am not inclined for intraday. i do not buy with intraday tading in my mind.

Trade the time frame that you are most comfortable with.We all have different personalities,different temperaments......so do what suits you best,but stick to the rules and disciplines of each time frame.

Quote:

2) as we can see market declin these days when do you accept market to gain momentum again? and which stocks shuld i track?

thnaks once again for all your help.

As a trend follower,we go with the flow......at present we have a daily downtrend,an intermediate correction.....means we wait.Don't try catching bottoms for now.Let the market give us a clear signal first.When will this end?It ends when it does.......either you are benefitting from the short side,or you are standing aside for now.Either way,don't predict the where and when to enter.

Which stocks?Once this correction is over and done,look at the charts again and decide.......For now,stay out.Go for a holiday.Spend time with your family.Get the cash ready.....For the next blast off.

All the best!
Saint

aroymkp · #**1107** 22nd January 2008, 11:47 AM

Quote:

Originally Posted by sudoku1

wrong friend , even @ 20000 levels in our ystrdays thread ' 24th dec.....' if u go through the headlines carefully , it is stated.....'bulls enter 25 %.....@ even then all through the thread , it was cosistently warned 2 new entrants abv the risk they r carrying regarding the stoploss.
& yes....always with the trend , the flow turns in that direction....

thanks for understanding....!

Learning from experience gains knowledge Sudoku - try to get that from Saint instead of proving your skills to him !

sudoku1 · #**1108** 22nd January 2008, 12:22 PM

Quote:

Originally Posted by aroymkp

Learning from experience gains knowledge Sudoku - try to get that from Saint instead of proving your skills to him !

yes , friend xperience makes a perfect trader.....v have never been here 2 prove our skills as mkts r the place where one cannot learn 100% ...
if v were so skilled , then why the need for stoploss.....?

digest · #**1109** 22nd January 2008, 01:55 PM

thanks saint,
well basically i have been investor and not a trader
but recently i have entered market as a trader.

so you recommend that even investors should stay away?I want o invest 10% of my investment amount in this phase is it recomended? i mean this week.

I am not into impulsive buysell thing.if i make loss i can hold it for long (1-2 years.

i understand noone can predict anything about market anytime and this stage is again riskiest one.

after Fm speech do you think market will improve and LIC, UTI and other mutual funds will do the buying now ina day or two? they have lots of cash reserves?

or should we buy mutual funds?

digest · #**1110** 22nd January 2008, 01:57 PM

sorry if i have asked this question again but last time question was from trading point of view and now for investment .