Hello friends, colleagues and forum members,
As promised by me, i am starting this thread to help people give a few fundamentals of trading that i have learnt over years. I had started my career as any amatuer does with lots of losses. I had no idea which set up to use, money management and how to stop my losses and lost more money than i could afford and then started to find the faults in my trading and the biggest loss maker for me proved to be my heart ,yes whenever our head starts to rule over our head in markets we loose really badly. So the motive here will be to show you the smallest part of trading i.e. how to exit and enter trades but the most difficult part to do would be to get your head above heart and that you will have to do yourself.
WHAT TO EXPECT FROM MY POSTS
First thing that i will want to make clear at the start is that my calls my may not produce profit for you yes i will repeat it MY calls may not produce profits. Yes i wanted this thing to be clear that all i will try to do is make calls based on my technical analysis that may or may not produce profits because we cannot force markets to go up, if they do go up we will make profits along it BY LUCK and nothing else. If we dont make profits i will make sure that we get out of bad trades as quickly as possible
MY METHOD OF TRADING
Trading with my method may become quite boring at times because for many days you may not have anything to do in market, so participate in my calls only if you are here to make money and not to enjoy joy ride.
My method is what we call as Position Trading, so we will buy some stocks and will keep adding to our winners and take money out of losers, as simple as that.
DURATION
This thread will not be for spoon feeding the traders what trades to take, i am here only to teach methods of trading , so I will close this thread will be closed after 6 months
RULES
My calls are purely based on Technical Analysis so plz. dont ask me about any rumours i dont have any resources for them so plz. dont ask me for rumours. If anyone of you see a particular stock with unusual price and volume activity you can inform me about it and i will try to make sense of its charts.
HAPPY NEW YEAR EVERYBODY, WE WILL START OUR CALLS FROM JAN. 1,2008
As promised by me, i am starting this thread to help people give a few fundamentals of trading that i have learnt over years. I had started my career as any amatuer does with lots of losses. I had no idea which set up to use, money management and how to stop my losses and lost more money than i could afford and then started to find the faults in my trading and the biggest loss maker for me proved to be my heart ,yes whenever our head starts to rule over our head in markets we loose really badly. So the motive here will be to show you the smallest part of trading i.e. how to exit and enter trades but the most difficult part to do would be to get your head above heart and that you will have to do yourself.
WHAT TO EXPECT FROM MY POSTS
First thing that i will want to make clear at the start is that my calls my may not produce profit for you yes i will repeat it MY calls may not produce profits. Yes i wanted this thing to be clear that all i will try to do is make calls based on my technical analysis that may or may not produce profits because we cannot force markets to go up, if they do go up we will make profits along it BY LUCK and nothing else. If we dont make profits i will make sure that we get out of bad trades as quickly as possible
MY METHOD OF TRADING
Trading with my method may become quite boring at times because for many days you may not have anything to do in market, so participate in my calls only if you are here to make money and not to enjoy joy ride.
My method is what we call as Position Trading, so we will buy some stocks and will keep adding to our winners and take money out of losers, as simple as that.
DURATION
This thread will not be for spoon feeding the traders what trades to take, i am here only to teach methods of trading , so I will close this thread will be closed after 6 months
RULES
My calls are purely based on Technical Analysis so plz. dont ask me about any rumours i dont have any resources for them so plz. dont ask me for rumours. If anyone of you see a particular stock with unusual price and volume activity you can inform me about it and i will try to make sense of its charts.
HAPPY NEW YEAR EVERYBODY, WE WILL START OUR CALLS FROM JAN. 1,2008
