Day Trading Stocks & Futures
- Thread starter TraderRavi
- Start date
- Tags banknifty bnf daytrading nifty future
I have been wanting to ask this question for the past few months. But did not get time, being busy in professional and personals chores.
Weekend hai. Thoda time laga ke detail mein elaborate kar do please. Anyone is welcome to advice, whatever they know.
I was thinking about joining some courses for data analysis, coding, software etc. In short, "computer courses".
Can you explain how one should go about it. Which modules help in which area of the market? I mean, there is much assistance regarding the technical analysis literature. But there is not much guidance regarding the IT, software, automation, and data part for the market. How should a beginner go about it - what are the prerequisites one needs to learn one their own before going for professional beginner courses. And after those initial ones what are the higher steps.
I am aware that I haven't framed the question coherently, but it is the reflection of the confusion in my mind which needs clearing. I am asking here because one can expect a practical approach and also a more relevant advice. Otherwise I have also enquired with a few training centres - but obviously they will try to sell what they have rather than advising on what we need.
Weekend hai. Thoda time laga ke detail mein elaborate kar do please. Anyone is welcome to advice, whatever they know.
I was thinking about joining some courses for data analysis, coding, software etc. In short, "computer courses".
Can you explain how one should go about it. Which modules help in which area of the market? I mean, there is much assistance regarding the technical analysis literature. But there is not much guidance regarding the IT, software, automation, and data part for the market. How should a beginner go about it - what are the prerequisites one needs to learn one their own before going for professional beginner courses. And after those initial ones what are the higher steps.
I am aware that I haven't framed the question coherently, but it is the reflection of the confusion in my mind which needs clearing. I am asking here because one can expect a practical approach and also a more relevant advice. Otherwise I have also enquired with a few training centres - but obviously they will try to sell what they have rather than advising on what we need.
You can elaborate on your background. The starting point is based on your techie level.
After learning what you want to learn, what is it that you want to achieve. Most ppl prefer python bcos alot of ready stuff is available.
Data analysis is quite complex, alot of programmers arent mathematicians and vice-versa. You need to be good at both here.
After learning what you want to learn, what is it that you want to achieve. Most ppl prefer python bcos alot of ready stuff is available.
Data analysis is quite complex, alot of programmers arent mathematicians and vice-versa. You need to be good at both here.
okay all your doubts r proper... mostly all non programmers have this doubt , as there is so much to learn n what to learn, etc etc...
i will just share my opinion
first n foremost, programming language just look difficult, but once u learn it, it is similar to school 4th std mathematics, there is nothing complex abt it, u just follow a set of rules....
i m assuming that u have no knowledge of programming....
whether u learn python or c++ or vba or any other language..... it wont make much difference
bcoz the programming concepts r same, only the grammar/syntax is different
so just by learning 1 language, u will be able to learn any other language very easily
now what exactly will programming do for u.....
it will just help u to get, sort, arrange, clean data easily, n then it will help u to easily n quickly test many readymade indicators n also custom indicators n several other combinations of indicators....
in short, u will be able to test most of your ideas if u know programming...
once u have a profitable strategy, then comes the automation part, of automating that strategy, firing orders, etc....
for now, i will suggest u learn basic c++, n then AFL n then test your ideas in amibroker, as amibroker's AFL is very similar to c++
i personally like tradingview, but for backtesting amibroker is good, n we can feed it options data also very easily....
now if u learn programming ( c++ ) , then AFL, n then test all your ideas n strategies n still cannot find any profitable strategy, then i would suggest u to study mathematics , mostly mathematics concepts that are used in machine learning but for that u will need to be perfect in functions, limits, derivatives, integration and calculus
now all this look impossible n too much right now, plus u will think u dont has much time n now age of learning is gone, etc etc...
but all this can be done in under a year with just daily 1 hour of learning if u start tomorrow itself, before 1st jan 2024, u might be writing AFL codes better than many of us here, including me i never underestimate anyone, with hardwork n perseverance anyone can surpass anyone good luck
i will just share my opinion
first n foremost, programming language just look difficult, but once u learn it, it is similar to school 4th std mathematics, there is nothing complex abt it, u just follow a set of rules....
i m assuming that u have no knowledge of programming....
whether u learn python or c++ or vba or any other language..... it wont make much difference
bcoz the programming concepts r same, only the grammar/syntax is different
so just by learning 1 language, u will be able to learn any other language very easily
now what exactly will programming do for u.....
it will just help u to get, sort, arrange, clean data easily, n then it will help u to easily n quickly test many readymade indicators n also custom indicators n several other combinations of indicators....
in short, u will be able to test most of your ideas if u know programming...
once u have a profitable strategy, then comes the automation part, of automating that strategy, firing orders, etc....
for now, i will suggest u learn basic c++, n then AFL n then test your ideas in amibroker, as amibroker's AFL is very similar to c++
i personally like tradingview, but for backtesting amibroker is good, n we can feed it options data also very easily....
now if u learn programming ( c++ ) , then AFL, n then test all your ideas n strategies n still cannot find any profitable strategy, then i would suggest u to study mathematics , mostly mathematics concepts that are used in machine learning
but for that u will need to be perfect in functions, limits, derivatives, integration and calculus now all this look impossible n too much right now, plus u will think u dont has much time n now age of learning is gone, etc etc...
but all this can be done in under a year with just daily 1 hour of learning
if u start tomorrow itself, before 1st jan 2024, u might be writing AFL codes better than many of us here, including me i never underestimate anyone, with hardwork n perseverance anyone can surpass anyone good luck 
There is a website called edx.org
They offer a lot of free courses most of which are approved by Microsoft. Before joining any coaching class, browse through the various courses and if possible, take a few courses. Your direction will become clearer.
A person can't become a director only for curing diabetes (or any specific illness). One has to undergo general MBBS and then speciality and superspeciality.
Similarly, in the world of computer applications, you really can't learn with a particular application in mind. You undergo the basic programming courses and then apply the knowledge to the field you want.
The "coaching classes" are the same ones that were offering specialized courses for "computer accounting" 20-30 years ago.
They offer a lot of free courses most of which are approved by Microsoft. Before joining any coaching class, browse through the various courses and if possible, take a few courses. Your direction will become clearer.
A person can't become a director only for curing diabetes (or any specific illness). One has to undergo general MBBS and then speciality and superspeciality.
Similarly, in the world of computer applications, you really can't learn with a particular application in mind. You undergo the basic programming courses and then apply the knowledge to the field you want.
The "coaching classes" are the same ones that were offering specialized courses for "computer accounting" 20-30 years ago.
On wide Gap-dn or Wide Gap-up like on last Friday there remains nothing for intraday trades.
Option sellers can enjoy Theta Decays !
For Option Buyers and compulsive traders , only 1 minute scalping may work for very small gains of few points , as shown in the BN chart !
View strictly for STUDY PURPOSE !
Option sellers can enjoy Theta Decays !
For Option Buyers and compulsive traders , only 1 minute scalping may work for very small gains of few points , as shown in the BN chart !
View strictly for STUDY PURPOSE !
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