journey of a trader

[oilman5]

my job is complex..new place..newidea..i have to..learn..OFFICE WORK FIRST..
IN GEN. SHIFT YOU CANT SEEN SCREEN ..HOW I VISUALISE TRADE THEN..SO I HAVE GIVE UP THE SKILL OF READING ORDER..BULL/ BEAR WHO..
IS WINNING..ITS IPKF..IN SRILANKA FIGHTING AGAINST LTTE..STRICT RESTRICTED SHOOTING ONLY ALLOWED..
office rule ..trade site forbidden[i use pib]...
i sort out..in angel i have an a/c...i activate ..deposit 5lak..
[that help to get better status..]..talk to their branch..twice i come in
and talk with..bm...+ bala..[dealing hand]..BALA.. NICE FELLOW..LEFT AFTER ,I TELL SIMPLY FOLLOW PRICE..GAVE ME 1ST CUSTOMER PRIVILEDGE
..ATTEND MY PHONE AND ORDER IMMIDIATELY..
VOLUME STUDY TECHNIQUE..BUY ORDER/ SELL ORDER..
WHICH SIDE NEW ORDER IS COMING...
IN RETURN I TEACH HIM ITS VALUE ..VALUE OF PRICE BALANCE..
[naturally he is a call giver in kotak{last known whereabout}]
he helped again to day trade..i study eod ..know potential..
enter early..he considers 'RISKY'..BUT MAINTAINS..ROLE OF EXECUTION..
sell value zone...given ...and i have to tell 80% of time he execute in higher zone...
so far so good..i enter 5callmax..in his good faith...
alas he left.. angel.. so also my luck...

 

[oilman5]

luckily..internet offer has come..18/5/05/..i have mtnl 399 broadband with me..i activate...pib..bm is very help ful...activate..give...call trade ..as
wish...
smooth.....
lucklady smile.. crookedly...power generation stop 8..10-30am..navimumbaikar
knows...[ recently i bought.apc...to solve this ragging]
draconian rule of indiabulls..from march'o6...voice mail system..no trade...
new recruted.. foolest..data entry operator..
no day trading is possible..at least for me...

 

[oilman5]

so u require..good rm..[not a profit generator.but LOGICALLY WHO CAN THINK , MATURE..UNDERSTAND RISK..NOT A RUMOR SPREAD..unfortunately
its rare breed now..]

a good dealer..like bala..[understanding..of price..skill to execute..call back
customer..telling what he wants.. matter of fact...]
may be new breed..moth -investor..wants an openion even from..
rm/dealer...high demand pull up dealer..to rm..rm to bm...
vaccum should be filled up ..new entrant...i say just in capable..
callcenter. boys...not suit trading arena..nse exam pass must be made compulsory..[its my personal openion.nobody has to agree]

 

[oilman5]

SOFTWARE.../
i have seen omnitrader...its good..so for those who have emotional problem..
its a computer gen .. signal low risk idea..work metastock data format..
around 20 predefined.. callgen . are there..computor does every thing..
i use eod...albatrosoftware.com..calcutta..nirvana system originator..ed
its game mode is excellent...you move 1day price & play..
on actual price..it plays...show your euity curve..
takes atleast 6month to understand it..those who believe in control
emotinal entry/ exit..is must...
for game go iitm.com..it preach money management..
bill williams software..also.genarate..good chaos theory..
will discontinue soon[ based on chaos..i dont recommend]
but u can plug in with meta..

 

[oilman5]

software contd..
those who believe in pattern..its repeatative occurance..[which i am 2yr back ,nomore]...pattern plug-in murphy..ok...
but before you use..actual failure of pattern 52%..
CONTEXT..IS MORE IMP...
THIS SOFTWARE.EXPLORE & TELL ..STD TRIANGLE..DOUBLE TOP/BOTTOM
HEAD &SHOULDER...OUT OF NSE SCAN AND TELL U IN 2MIN..
in actual trading failure of pattern gives me more money...
wedge play and buy at pull back is safer.

 

[oilman5]

SOFTWARE CONTD
..........................
those who firmly believe in pattern..i remind pattern smasher..introduced india..by viratechindia..how many r actually sold..they still may have copy...
its function is based on some bull pattern..
some bear pattern.. SCAN TOTAL FOLDER..
GIVE U RESULT & ITS STATISTICAL SIGNIFICANCE

 

[Bullet]

Toooo. Lengthy.

You know it required lots of time to read this.

I quit I really quit..

Just kidding.....

 

[oilman5]

SOFTWARE CONTD
..........................
FORWARD TESTING FACILITY...AS IF PREDICTING WHAT MAY HAPPEN IF
SAME CONDITION EXISTS...
nice for an experimental trader...
now comes dt dynamic trading cncept...
yes i like..price-time-event..concept..
presently i am working....at least it shall take 6 months
it uses concept of elliot..+reversal..+ gann swing..
more over it has some buildin set up...scan report...
no other software..ad jet.../ ami broker...i have not seen them...
MT-PREDICTOR...EOD VERSION I AM INTERESTED..
I HAVE HEARD MADRAS BASED...ISL-INDIA.COM..DEALS IN IT...
IT HAS DIRECT RISK REWARD ANALYSIS TOOL...i am asking if any body
seen it.. only software i hear ..may be..use ful in india...

 

[oilman5]

fundamental analysis,,,
.............................
many excellent research report r available...
et.. research report good...
motilal excellent...
share khan..angel...ok
indiainfo...good..
hdfc/ilf&s..ok..
equitymaster..good...
MUST REMEMBER...ANALYST HAS LONG TERM VIEW..
MANY FUND HAS OWN REPORT..THEY R EXCELLENT..I AM NOT SEEN THEM
WITHIN 1MONTH OF PUBLICATION..
THEY BUY FIRST..THEN PUT BUY CALL..PUBLISH...
SAFE ...you doubt me...check fund buy report..
dt of publish of REPORT
dt of report..publish to newspaper..
public buying ..
ref use..nseindia.com..volume study of those day..
delivery%..
VISUALISE..A BLIND EVEN CAN SEE...

READ NEWS PAPER..PARTICULARLY..ORDER POSITION..

 

[oilman5]

News Play
....................
Result Session...
See Last 1yr..4 Qu...compare..what Is Expected... Now Get Some One What Is Background...20%..av,..already Discounted..
Unexpected Good..buy...

Very Bad Result..but Price Not Falling
Buy Slowly...
All Other Case..use Result Publication To Get Out...