thanx sir for all the wonderful information.Can u pls tell me where can i find RT change in OI n increase n decrease in OI to enter in trade bcoz charts are going above my head n option are too costly if i trade by option buy recommendations waiting eagerly saint sirs new way of trading but i know that too based on charts so that will too go from up to me .or if u can suggest me any system of trading which can b of useful to me .sir really dying to earn this magical mkt i love it,its in my veins n dont want to exit from it .Lost too much now i m in control of losses but new circulation of profit not yet started.Ur help appreciated if u can thnx in adv.Read many books on TA but when go for real trade no book help instinct or software.The only amazing person i know who do not trade through software is savant sir as he told me he do not use any software.
Praveen,
Your message has somewhat moved me a bit.When we were at
4200 I was of the opinion that a bounce-back was imminent.
But we went far below.That forced me to liquidate some of
my positions at losses.I think nobody expected such a bounce
back on last 2 days of the week.I think the knowledge you
get in this forum more than adequate to start profitable trading.
I do not think you need any books on TA to read.Perhaps
GREED and FEAR are the worst enemies of traders. I am trying
to overcome GREED but unfortunately it is converted into fear,
making me to book profits early.
On many occasionsGAPUP and GAPDOWN openings made my profits into losses.
(Sometimes they turned my lose making positions into GAINS.But on the whole
the net effect is NEGATIVE.So I do not carry positions.Do not over trade.
Happy trading !!!!
-col