Hi Guys,
I attended 2 days TA training session on 9,10 Oct 2010. Ashish Kelkar of Precision Technicals, Pune conducted the sessions. Here is my feedback.
1. I need to book it almost 2 months in advance as all other batches were full.
2. They had exactly 50 people in batch.
3. The arrangement was very well.
4. Very discipline training, I did not get even 10 mins to chat around and make time pass. :rofl:. It started in time, they covered all planned work. They exactly tell you what time, they will train what. They are very serious about whole course.
5. They answered all questions very well, they did not closed Q&A just saying - will take it offline. :clapping:
6. Now regarding TA - They focused on theory on first day for around 6 hrs.
7. They got around 22 practices including 1st and 2nd day session.
8. It's you - who have to solve the charts and then one of students need to solve for others. - Very good approach.
9. Stocks are from last 10 yrs.
10. Gold was taken as commodity for TA.
11. You need to keep your answer sheet for verification even after trainings, so you can use it again.
12. Very good unique money management training.
13. They have own PROFI$ION software.
14. They focus on EMA - 5,13,26.
15. They give PROFI$ION for 10 days trial, PROFI$ION have scanner as well.
16. On daily basis PROFI$ION can get your probable patters with comments from their TA team.
17. If you want ready made solved charts, you need to go for PPA.
18. They give PPA trial for 10 days.
19. I tried using many free ware tools including Aiotrader, Eclipse trader, yahoo charts, google charts etc. None of these tools are as simple as PROFI$ION.
20. I tried Amibroker too, I found it too complex.
Currently I am a advance learner of TA. I do trade on Motilal tips, Angel and others. My thought process is, if you are doing full time trader job, then you may go for Amibroker like commercial tool for intraday etc. But if you are working somewhere (like me) then it's not worth doing following things on own, against having something like PROFI$ION.
1. Cost of charting tool- Amibroker etc.
2. cost and time needed to download every day charts, populate db, update charts for splits, bonus, dividends.
3. screener for finding right stock every day and monitor what's going on...
When you attend any share market training, you feel you got it right but it never works so easily. The one of issue is trainer never shows his face, so no support. I attended NSE Manipal, BSE, ICICDIRECT training institute sessions too. They have great speakers, but there is no support, help available after sessions. No body helps you if you have any confusion about applicability of theory they teach you.
I decided to subscribe their software because I get support from their TA who solves my confusion. I can send mail with charts and get them answered before market starts.
Before joining session, I talked to people who attended training of
http://www.chartadvice.com from
Dr.C.K.Narayan, BSE training institute, Mitcon training as well. BSE's session are one of best but they are every day evening for 3-4 months - 2 hrs daily. I can not make it. Dr. Narayan's sessions are hardly scheduled as per website.
I got lot of references of
http://www.precisiontechnicals.comhttp://www.precisiontechnicals.com from many guys who came to NSE trainings and other friends and traders. After talking to many of their satisfied customers, I decided to go for training.
I also gone thru many books and reading this and many websites on TA. The problem is there are always too many indicators and views. By looking at so many factors, you can make LOSSES. I now do TA and little fundamental analysis (I learned at BSE Institute).