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  #11 (permalink)  
Old 06-01-2015, 08:54 AM
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Default Please explain in simpler terms.

Originally Posted by whatsinthename View Post
You should consider yourself to be lucky that you are new to the market. Atleast you can start with a clean slate without chasing any type of a holy grail (though I have it ).

My simple advice would be start with auction market theory and then build on that. Understand why/how market works. What is the relation between value and price? Believe me only market profile works and everything else is garbage.

Don't search for magic indicators. There is no leading indicator which can help you enter the market before anyone does. All price based indis are lagging in nature. The leading price based indicator is PRICE itself. Other than that use volume. You just need to understand how to use it in different ways to make it as somewhat leading indicator. In nutshell concentrate on price & volume only and forget everything else.

ooops did I just reveal the secrets of successful trading

Sorry I do not understand Volume and what you mean by PRICE. Please bear with me, as I am new I don't understand these terms as well as you do.
  • Market Profile
  • Auction market theory
  • Magic indicators
  • Also Swing Trading, though not mentioned here.

I will be looking for these in Google, but any simpler definitions would be nice. Thanks.
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Old 07-01-2015, 08:29 AM
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tuple can explain the magic indicators part best. He is the master of indicators.
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Old 07-01-2015, 03:39 PM
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Hi @op

reg magic indicator
1.i requested u to buy MF and forget trading.And do not loose money.
(MA's with whipsaw is better not to consider in trading)
2.vol delta analysis is good for i-day.(i do not know/do that)
3.plz read wyckoff-vsa.(good and strong concept;knew little). Alternately u can do Price Action too(i do not do/know it)
4.have profit.

if not working for u do the 1st one.

To be very precise u need to buy something at x price and sell at y price if y>x-2(TAX+Brokerage) u r in profit else u r in loss.
And only God won't loose money in market.

(PA made to contradict with TA so quant came out.where FA fails cycle came out.Do one thing and hope for the edge. )
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Disclaimer: I am not a Research Analyst and not registered with any regulating authority. All posts are for educational purpose only.

Consider us a dumb -dumble guy in this analysis, any type of real time example will be quick-learn approach.

Last edited by nTP; 07-01-2015 at 07:05 PM.
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Old 07-01-2015, 05:02 PM
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Originally Posted by nTuple View Post
Hi @op

reg magic indicator
1.i requested u to buy MF and forget trading.And do not loose money.
(MA's with whipsaw is better not to consider in trading)
2.vol delta analysis is good for i-day.(i do not know/do that)
3.plz read wyckoff-vsa.(good and strong concept;knew little). Alternately u can do Price Action too(i do not do/know it)
4.have profit.

if not working for u do the 1st one.

To be very precise u need to buy something at x price and sell at y price if y>x-2(TAX+Brokerage) u r in profit else u r in loss.
And only God won't loose money in market.

(PA made to contradict with TA so quant came out.Do one thing and hope for the edge. )




Ye board ka naam kharaab mat karo
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Old 08-01-2015, 05:58 AM
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Let me give you an excercise to carry out saleem bhai and all those confused souls in the trading world.

First go thru the whole procedure of reinventing the wheel , i know everybody does. Finally when u think u have finally found the holy grail including your entry/exit/stop ets NOW...

Go and open 2 demo forex/trading accounts.

In 1 account put in your holy grail trades.

In the other take trades opposite to the holy grail.

Link both accounts to something like myfxbook .


The results should be a revelation.

Do let us know the results by the way.
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Old 11-01-2015, 12:59 PM
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Originally Posted by dumbtrader View Post
Let me give you an excercise to carry out saleem bhai and all those confused souls in the trading world.

First go thru the whole procedure of reinventing the wheel , i know everybody does. Finally when u think u have finally found the holy grail including your entry/exit/stop ets NOW...

Go and open 2 demo forex/trading accounts.

In 1 account put in your holy grail trades.

In the other take trades opposite to the holy grail.

Link both accounts to something like myfxbook .


The results should be a revelation.

Do let us know the results by the way.



http://www.marketcalls.in/trading-le...1.html#respond
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Disclaimer: I am not a Research Analyst and not registered with any regulating authority. All posts are for educational purpose only.

Consider us a dumb -dumble guy in this analysis, any type of real time example will be quick-learn approach.
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Old 12-01-2015, 01:19 PM
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Is link ka kya karu??
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Old 13-01-2015, 09:59 AM
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Originally Posted by nTuple View Post
Hi @op

reg magic indicator
1.i requested u to buy MF and forget trading.And do not loose money.
(MA's with whipsaw is better not to consider in trading)
2.vol delta analysis is good for i-day.(i do not know/do that)
3.plz read wyckoff-vsa.(good and strong concept;knew little). Alternately u can do Price Action too(i do not do/know it)
4.have profit.

if not working for u do the 1st one.

To be very precise u need to buy something at x price and sell at y price if y>x-2(TAX+Brokerage) u r in profit else u r in loss.
And only God won't loose money in market.

(PA made to contradict with TA so quant came out.where FA fails cycle came out.Do one thing and hope for the edge. )

So I bought PFC at 310 and now it is 270+ and now I am in Loss. I do not want to just put my money in Mutual Funds and stop thinking about it. The idea of this thread was to give a direction to start learning.

I am not understanding the concepts, please explain the first thing that I need to learn to enter into markets.

I know that you buy for X and sell for Y where Y - 2*(Tax+Brokerage) > X

What I do not know is how to make sure the X that I decide to buy a scrip is actually the price I should enter and How long I should wait till it reaches Y. I do not want a holy grail. I want a method that works 3/4 of the time. I do not want you guys to give me the method, but can you help me learn how to make my own method?
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Old 14-01-2015, 08:30 PM
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Everyone has a method of his own and mostly they are subjective . Again it is depending on the Timeframe ( TF ) , you choose to trade .
Hence a method which may be useful in 5 min TF may not be useful in 30 min TF or daily TF .
Most of the traders wont reveal because of two reasons . 1. either they are afraid their holygrail may lost its advantage if it is revealed .
2. He may be afraid that someone may ridicule him .

Read Tushar Chande's " New Technical Trader " . It is a starter - some scientific approach to the madness of TA .
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Old 18-01-2015, 05:51 PM
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Me too need direction/advice
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