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  #21 (permalink)  
Old 15-04-2012, 10:32 PM
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Originally Posted by Cac View Post


yaar kyaa farak padtaa hai how big order is in place....? why it is open & not hidden, who placed it....blah...blah....blah.......

Intraday player ki life 30 minutes se 360 minute (maximum) hoti hai....., 6 ghante ki zindgi ke liye itni tension......

positional trader ki life jayda se jayda 3 months with 4-5 options to manage the position......to kaahe ko maththa kharab kiyaa jaaye....


arre bhaiyaa aam khao aam , ped kaahe ko gin rahe ho...

Cac....its not so. Here im posting a post ( copy/paste from other forum ) in response to similar post as yours.

Quote:
I consider myself to be a professional trader in the same way I trained to be a professional scientist. One of the most important things you learn in the lab is that 98% of all experiments go down the drain - i.e. they don't work. The outcome either failed or it was something that you didn't anticipate. Every scientist is searching for the holy grail of whatever their research involves. They don't come out of school knowing it all. Why would trading by any different?

Personally, although I am a profitable trader, I continue researching every single day. I read boards like this. I sign up for trials of everything new - Ninja Partners is a good place to find vendors. I want to know what other people are doing and why they're doing it. Then I test their methods using my own criteria. Sometimes you find something worthwhile. If you don't like research, you shouldn't be in this business. Because whatever your trading goal is, you won't succeed unless you continually ask questions and test, test, test.

Remember when you were in school and asked the teacher before the final exam: "What should I be studying for the exam." Well the smart teacher always said: "If you know everything, you won't fail." And that same philosophy applies to trading or any other serious profession. Know everything and you won't fail.

As for the successful traders you are referring to in your post, I think it's a lot of baloney. I know a lot of traders - a couple of whom are what I consider geniuses at what they do. But one thing they all have in common - they're not afraid to ask questions, they're not afraid to learn something new, and they recognize that the market is dynamic - it changes over time and your strategies must also change with it. And I have no doubt that most of them are researching the way I do - every day, reading everything, talking to other traders, digesting new market dynamics.
It's only a secret society for those who don't have the talent or wherewithall to pursue trading as a serious career.

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  #22 (permalink)  
Old 15-04-2012, 10:39 PM
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Originally Posted by Cac View Post


yaar kyaa farak padtaa hai how big order is in place....? why it is open & not hidden, who placed it....blah...blah....blah.......

Intraday player ki life 30 minutes se 360 minute (maximum) hoti hai....., 6 ghante ki zindgi ke liye itni tension......

positional trader ki life jayda se jayda 3 months with 4-5 options to manage the position......to kaahe ko maththa kharab kiyaa jaaye....


arre bhaiyaa aam khao aam , ped kaahe ko gin rahe ho...


Well said.

All the richest and top traders in the world are buy-hold and positional and quantitative traders.

Intraday traders don't even show up in Forbes list !!
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  #23 (permalink)  
Old 15-04-2012, 10:59 PM
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DD bro,

no issue on whatever discussion is in process or whatever u quoted.

but as far as resarch is concern, or any other process either it is logic or formula, must be personal and not on public board unless u have reached on a final dicision.....and thereafter u r free to share or not to share.

my personal openion is the brain should be free from all type of complicated methods/tools and one can continue with simple approch and logic.



Originally Posted by devdas View Post
Cac....its not so. Here im posting a post ( copy/paste from other forum ) in response to similar post as yours.

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  #24 (permalink)  
Old 16-04-2012, 09:46 AM
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Ok...compromising some trading......i will post some pics on different times of today's session. I m posting as and when i expect some interpretation....
Will explain what these figure represent.
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  #25 (permalink)  
Old 16-04-2012, 10:06 AM
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Got a DC...and had to backfill...so lost old data....
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  #26 (permalink)  
Old 16-04-2012, 10:07 AM
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Originally Posted by devdas View Post
Ok...compromising some trading......i will post some pics on different times of today's session. I m posting as and when i expect some interpretation....
Will explain what these figure represent.

Nice setup, really impressed, its seems like modified foot print chart, red numbers below the candle looks like volume when price went down and volume at top in green is when price went up, is it correct?
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  #27 (permalink)  
Old 16-04-2012, 10:18 AM
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Originally Posted by alex View Post
Nice setup, really impressed, its seems like modified foot print chart, red numbers below the candle looks like volume when price went down and volume at top in green is when price went up, is it correct?

I will explain it for sure...though it was simple and raw logic....of poor man on poor data...
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  #28 (permalink)  
Old 16-04-2012, 10:24 AM
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Originally Posted by devdas View Post
I will explain it for sure...though it was simple and raw logic....of poor man on poor data...

Lollzz.. please take your time and meanwhile post few more charts so we will have more examples..
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  #29 (permalink)  
Old 16-04-2012, 10:47 AM
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When , i first used..it..some time later...i was puzzled....am i taking interpretation from it or giving meaning to it...
It was like expecting the obvious.
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Old 16-04-2012, 11:31 AM
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Originally Posted by devdas View Post
When , i first used..it..some time later...i was puzzled....am i taking interpretation from it or giving meaning to it...
It was like expecting the obvious.

If you can consistently give the meaning in same way then it creates the patterns and after creating the pattern you can interpret from it.
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