Hi everybody,
I am a fresh stock market investor and I got the reference of this software from traderji.com . I wish to thank them for providing this excellent software. I am using this software since 30 days now and found it to be very useful and easy.
I use this software alongwith the formulae given by Mr.Aswini Gujral in his book "How to make Money Using Derivatives".
I first look at the ADX Value in the software. If it is above 25 and above +DI & -DI , I start watching the stock .Then if the trend is confirmed by Williams and OBV , I just buy the stock.
Last month , I increased my trading capital from 10,000 to 12,000 with this.
Though this is a small begining , I feel very good about it hence this post.
I use simple money management - If the stock I purchased goes immediately in the UP Direction I am with the stock till it continues its trend. If it goes down immediately, I don't wait at all and cut my losses to minimum.
Here are some of my Trades
STOCK BUY RATE CURRENT RATE
SAIL 110 136
IFCI 32 38
RCOM 405 475
Reliance 1054 1092
praj 466 485
IDBI 82 88
DHAMSUGAR 78 71(I sold at 82)
I wanted to buy GTL but my broker wrongly took GTC otherwise it is also up.
I want to bring this capital to 20 Lacs. Can anybody suggest a better method for Trading ??????
I am a fresh stock market investor and I got the reference of this software from traderji.com . I wish to thank them for providing this excellent software. I am using this software since 30 days now and found it to be very useful and easy.
I use this software alongwith the formulae given by Mr.Aswini Gujral in his book "How to make Money Using Derivatives".
I first look at the ADX Value in the software. If it is above 25 and above +DI & -DI , I start watching the stock .Then if the trend is confirmed by Williams and OBV , I just buy the stock.
Last month , I increased my trading capital from 10,000 to 12,000 with this.
Though this is a small begining , I feel very good about it hence this post.
I use simple money management - If the stock I purchased goes immediately in the UP Direction I am with the stock till it continues its trend. If it goes down immediately, I don't wait at all and cut my losses to minimum.
Here are some of my Trades
STOCK BUY RATE CURRENT RATE
SAIL 110 136
IFCI 32 38
RCOM 405 475
Reliance 1054 1092
praj 466 485
IDBI 82 88
DHAMSUGAR 78 71(I sold at 82)
I wanted to buy GTL but my broker wrongly took GTC otherwise it is also up.
I want to bring this capital to 20 Lacs. Can anybody suggest a better method for Trading ??????