Learn How To Fish
- Thread starter VJAY
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Inside VP's:....When visual pivots made inside previous visual pivots trading ITF tough...one can avoid trades in these inside VP's then can survive from some whip trades...but its dificult to away from trading when following method initially ....if take trades on these inside VP's using ITF rules then not stick with normal TSL moving where we move TSL at every mp's...need to get price strucure here when as per inside VP's trend may changed but when we look broader scene (outer VP's) there trend not changed....as we trade trading TF we must look this point whenever we get inside VP's ...better to avoid trade and only enter trades using those new VP's with earlier trend .....
This method is not great method. I have used this method. I end up with loses. So I gave up. Because candle sticks in lesser time frame is so much of confusion. you can't make money. Any strategy using daily or weekly chart will improve your winning trades.
U will never be rich in trading in small time frames. I bet you. If you want to earn money in market you should use higher time frame or go for long investment. That's the only way.
U will never be rich in trading in small time frames. I bet you. If you want to earn money in market you should use higher time frame or go for long investment. That's the only way.
Bro
It is true what I am saying here. Not only this strategy.
What I am saying here is true. You won't make money in small time frames. Less than daily chart won't make money. It is like casino game. Always market win. You loss.
Not only this strategy. Any strategy using small times u will lose your money in end.
So invest for longer periods you can't imagine the returns. This is my experience. Everybody want money quick but it is not possible.
My advice is go find strong fundamental stocks invest it for longer time . It will make you rich sure.
Anybody do intraday trading and became richest man? I say no.
became rich by longer term investment?
Yes, Warren buffet, rakesh jungjungwala, etc..
So follow the truth.
Don't waste time in all difficult strategies and they won't do any favor.
This is true belive it or not that's your wish.
It is true what I am saying here. Not only this strategy.
What I am saying here is true. You won't make money in small time frames. Less than daily chart won't make money. It is like casino game. Always market win. You loss.
Not only this strategy. Any strategy using small times u will lose your money in end.
So invest for longer periods you can't imagine the returns. This is my experience. Everybody want money quick but it is not possible.
My advice is go find strong fundamental stocks invest it for longer time . It will make you rich sure.
Anybody do intraday trading and became richest man? I say no.
became rich by longer term investment?
Yes, Warren buffet, rakesh jungjungwala, etc..
So follow the truth.
Don't waste time in all difficult strategies and they won't do any favor.
This is true belive it or not that's your wish.
Thanks to coming in .....its your experience....but don't put it as concret veiw...I am not big trader ...trading with Small cap and I survive...so unable to comment about your making big money....but its tottaly wrong that with intrady no one make big money....I personally know many who only trade intraday and make big money....not gambling...with clear rulesand mm....so for many intrday not suits.....thats why all successfull traders say trade the method which suits your personality.... Yes its true that positional trading good for wealth creation.....but it need good cap too......one having 50k/1lac how can earn from positional trading.......if you know please share the trick....
And one more thing there is no method like holygrail method....every method have their positive and negative ...even in positional trading too...thing is how you use that method and how you control risk .....i know many who holding shares of dlf ,suzlon which is traders pet scrips in 2007-2008.....i dont thinl they will revover that money in near future....any way if you share trick which is given success to you may help here many.....
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Bro
But you won't earn much money in intra day. Time will go away but you win one trade and lose 2 trade again. This cycling will happen every time. Final results you lose or may be you will earn small profit.
But Long term investment will make you crorepati.
Example :
If you invest in these company just rs 10000 you would made some crore. But if you do intraday for 30yrs you won't make even 10% of this amount
open source screen capture
But you won't earn much money in intra day. Time will go away but you win one trade and lose 2 trade again. This cycling will happen every time. Final results you lose or may be you will earn small profit.
But Long term investment will make you crorepati.
Example :
If you invest in these company just rs 10000 you would made some crore. But if you do intraday for 30yrs you won't make even 10% of this amount
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Dear davincy,
Thanks for your response...these figures you given we all know if we bought infy for 10k now its crores .these things are shown/told by every trading seminars....but in reality how many have capacity to invest and hold long term...atleast people (like me) not able to do....we have not much money to invest and forget.
As far showing my profit not do anything ...am trading with 1 lot bnf and surviving with that...its not meant am earning big....before i traded in minifty and later nifty...now in bnf...at least am not seeing any loss in monthly basis...
Am always recos for investing in stocks for longer term who have money for that....trading and investing are different thing for me...
Thanks for your response...these figures you given we all know if we bought infy for 10k now its crores .these things are shown/told by every trading seminars....but in reality how many have capacity to invest and hold long term...atleast people (like me) not able to do....we have not much money to invest and forget.
As far showing my profit not do anything ...am trading with 1 lot bnf and surviving with that...its not meant am earning big....before i traded in minifty and later nifty...now in bnf...at least am not seeing any loss in monthly basis...
Am always recos for investing in stocks for longer term who have money for that....trading and investing are different thing for me...
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