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| Discuss start of a equity trader in indian market at the Words of Wisdom within the Traderji.com - Discussion forum for Stocks Commodities & Forex; hi all, this thread i try to give some discussion on stock trading. ............. goal : learn ... |
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#2
18th August 2007, 11:21 AM
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Re: start of a equity trader in indian market
stock trading is a supplier of fool..to professional trader[to cut their pocket and earn]
this art can be studied...... this art can be practiced ........... to become a successful trader ......u have to be like trader[pro]. understand few ..in real sense can do it ................. one characteristic of good trader...they all learn in bear market...practice skill in upmove/gestation period.........and make money in bull market ............................ ofcourse there are specialist[superstar].....option trader/bear master/computered programmed scalp trader. ........let me explain it....superstar .......option trader......study direction bias...at right moment take position bear master...rarely trade,..but deadly accurate computered programmed scalper...master to flow with direction validity[o.5hr ] ..............this 3superstar...r born out of successful trader...with lot of polish 
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#3
18th August 2007, 09:50 PM
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Re: start of a equity trader in indian market
most fool try to learn or experiment in so called late phase of bull ..so they lose...
only some of them ready to study....reason of their failure......... and some mad[like me].......consider market as a puzzle ......try to solve ......they know illusion...but they love them..get more and more involved.....occasional money..occasional loss ..keep them in path. suddenly they get twilight.......so they become earner to learn from market....on consistent basis. they have openion..they have system.......but most importantly they interwin self and market ......they find out on a particular time frame they can guess better..with or without ta/with or without fa..but definitely use some form of market sentiment..... now..when another element position size they master.......normally they earn well until ego catch them....mind it ..their system not betray......its the self sabotage,breaking own rule.....cause of fall
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#4
18th August 2007, 10:07 PM
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Re: start of a equity trader in indian market
the first of a trader......whether market is presently in trend......or tradezone.
.......... how to define it...........let us assume indian market......daily chart....for monday volatile..... hourly chart...up bias.....but weekly chart ..negative . .....hence.....2approach.....for safety watch only for me......buy @low ..and sell @top...based on my tool william%r.....in14..hrly chart ..on those 2stock..which i consider candidate for monday..
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#5
18th August 2007, 10:15 PM
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Re: start of a equity trader in indian market
nice thread oilman...........hope to learn a lot from it!!!
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#6
18th August 2007, 10:29 PM
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Re: start of a equity trader in indian market
Another golden-gate to knowledge opened by oilman, in his usual style of English, which our forum members can understand with ease.
Let this thread too shine ! friend in trade, instaalert.
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#7
18th August 2007, 10:37 PM
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Re: start of a equity trader in indian market
remember play plan of tradezone......and in trend r entirely different
......even in down trend........restraint to aggressive trade. .......think control of greed......and all precaution ......chance of wrong assumption..to be eliminated.....[ur trade can be wrong..but not ur assumption]
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#9
19th August 2007, 10:17 AM
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Re: start of a equity trader in indian market
Funny way to get message across....Feel good...to read.....Market Screwed.....FIIs first.........now Communists.......Technical violations........Helter Skelter.....Greed gets Hit with Fear........Bear King.........Market slave...........Very dangerous this conversation........as Brain cannot think.........Like this............Or will start getting Screwed.........ha .............Ha..........Ouch.
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#10
19th August 2007, 11:28 AM
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Re: start of a equity trader in indian market
trend termination is an imp concept to learn.....
with poor experience......first time loser ......normally hold and while market fall....lose more... with frustration learn value of stop.... in next short term bull cycle..play...and book profit early.....only to see great bull run.. later curse oneself for missing oppurtunity ....this is normal phenomena...[great mechanical traders must excuse me...because for them gamerule a little bit different] .......so for all others future self development is necessary. ie. how to put stop...and how to run profit trade....this concept for simplicity many a trader use...by using % stop..some by atr........i prefer sar...because of limited time though pattern break pt...and stop below that ......i find another good approach.
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