GENTS,
HAVING A GOOD SOFTWARE, having Good Indicators minimises your hard work and struggle.
Tradestation 2000i is one of the best things, with an inbuilt server and a radar screen that picks any changes in trading weather asap.
One of the fastest ways to learn trading through watching videos.
Look at NEXGEN site and guidance area.
http://www.nss-t3.com/guide.htm
Best of the lot is
T-3 ABC plot trends - by James Garza
fOR EXAMPLE
LET ME ASK
"WHAT USE IS THIS VIDEO?" "WHY SHOULD i WATCH?"
lET US SEEYou might have heard of fibonacci areas,levels.
you have seen a past trend and drawn Fibo levels.
nOW THE BIG QUESTION APPEARS,
which of these levels are valid and which are not valid?Watch this video and it tells how to find out which fibo levels are valid,and hold in reality.
Which become support or resistance?
see
SEE LINK --Should a Fibonacci area hold or break?
to continue later
Saturday, October 27, 2007
Friday, October 26, 2007
Day trading stocks preparation,training resources
please visit
http://www.geocities.com/daytradingtutor/7-day-trading-steps.htm
http://www.geocities.com/daytradingtutor/money-management.htm
try paper trading with a simulator
http://www.geocities.com/daytradingtutor/currency-day-trading-form.htm
Learn basics first
http://www.geocities.com/daytradingtutor/daytrading-basics.htm
mOST IMPORTANT
hAVE A CLEAR TRESTED STRATEGY
http://www.geocities.com/daytradingtutor/day-trading-strategy.htm
--------------------------------------------------------
General
precaution zone
Trading needs,most importantly, [B]solid preparation[/B],at least the night before.
[B]It is not a 20 minute preparation, much much more.[/B]
A study and plan,visualizing where the leading stocks would move most likely, and a [B]counter perspective,preparatory approach to plan rescue in case it moves exactly opposite way.[/B]
[B]Proper identification of trend is must[/B].
[B]Confidence[/B] is top priority, based on [B]previous testing of strategies that are going to be deployed.[/B]
Weightage? my guess?
preparation=30% trend=25%, confidence=45%
[B]Anything else can help?[/B] [B]Apart from having enough capital,[/B]Tradestation 2000i, with its radar screen,preplanned alerts
Anything else?
[B]POSITION SIZING AND RISK CONTROL[/B]
[B]keep position sizing OPTIMAL,reasonable[/B],(SAY 5% OF TRADING CAPITAL)
[B]Try for good reward/risk ratio [/B]say 1.25, or 1.5 or much more,possible.
Try always for [B]Low risk entries,[/B]PREFERABLY [B]enter close to support zones so that in case of things getting worst,risk is minimal as you escape near support level[/B]
http://www.geocities.com/daytradingtutor/7-day-trading-steps.htm
http://www.geocities.com/daytradingtutor/money-management.htm
try paper trading with a simulator
http://www.geocities.com/daytradingtutor/currency-day-trading-form.htm
Learn basics first
http://www.geocities.com/daytradingtutor/daytrading-basics.htm
mOST IMPORTANT
hAVE A CLEAR TRESTED STRATEGY
http://www.geocities.com/daytradingtutor/day-trading-strategy.htm
--------------------------------------------------------
General
precaution zone
Trading needs,most importantly, [B]solid preparation[/B],at least the night before.
[B]It is not a 20 minute preparation, much much more.[/B]
A study and plan,visualizing where the leading stocks would move most likely, and a [B]counter perspective,preparatory approach to plan rescue in case it moves exactly opposite way.[/B]
[B]Proper identification of trend is must[/B].
[B]Confidence[/B] is top priority, based on [B]previous testing of strategies that are going to be deployed.[/B]
Weightage? my guess?
preparation=30% trend=25%, confidence=45%
[B]Anything else can help?[/B] [B]Apart from having enough capital,[/B]Tradestation 2000i, with its radar screen,preplanned alerts
Anything else?
[B]POSITION SIZING AND RISK CONTROL[/B]
[B]keep position sizing OPTIMAL,reasonable[/B],(SAY 5% OF TRADING CAPITAL)
[B]Try for good reward/risk ratio [/B]say 1.25, or 1.5 or much more,possible.
Try always for [B]Low risk entries,[/B]PREFERABLY [B]enter close to support zones so that in case of things getting worst,risk is minimal as you escape near support level[/B]
Sunday, October 21, 2007
What iS IN A NAME? eVERYTHING cALLED SUCCESS!!!
-----------------------------------------------------------------------------------
gEntlemen,
The letters in your name can work magic and success!!!
One or two examples.
The letters in your name can work magic for your luck!!
A R RAHAMAN has now nitials A R R tHESE GIVE LIFT, super lift to him
Before he had a hindu name called DILIP, somehow it never clicked.
change in name did what?
He had beaten ILLAYARAAJA and made the producers run after himself,Illayaraja went out of business practically. There is no looking back.today he is the king,language no bar.
check others in A R series
ARUNDHATI ROY,ARINDAM CHOWDARY etc
Film star RAJEEV BHATIA had a struggle till he changed name to AKSHAY KUMAR,then no looking back.
look at R K
Rama Krishna
RAJ KAPOOR
RAJ KUMAR
RAJENDRA KUMAR
RAMYA KRISHNA
Some unsuccessful exceptions were there like Raj Kiran,Randheer kapoor
K K
kARSHMA KAPOOR
KAREENA KAPOOR
SINGER K K
N T R
Nandamuri Taraka RAMA RAO
NTR
NAYAN TARA NTR
M B
Mahesh babu
Mahamad Barwani
Mahesh Bhoopathi
L V
L V PRASAD
LAS VEGAS
R R
good
R B Does not work well
Film star rajeev bhatia
film star ramesh babu-failure-even being brother of mahesh babu,being son of star KRISHNA, he turned a flop.
R V works
R venkatraman ex vice president of india.
V V GREAT, IT WORKS
---------------
Moral choose your name initials carefully, if choosen wrong change it before 25 or 30, then prosper!!!!!!!!!!!
gEntlemen,
The letters in your name can work magic and success!!!
One or two examples.
The letters in your name can work magic for your luck!!
A R RAHAMAN has now nitials A R R tHESE GIVE LIFT, super lift to him
Before he had a hindu name called DILIP, somehow it never clicked.
change in name did what?
He had beaten ILLAYARAAJA and made the producers run after himself,Illayaraja went out of business practically. There is no looking back.today he is the king,language no bar.
check others in A R series
ARUNDHATI ROY,ARINDAM CHOWDARY etc
Film star RAJEEV BHATIA had a struggle till he changed name to AKSHAY KUMAR,then no looking back.
look at R K
Rama Krishna
RAJ KAPOOR
RAJ KUMAR
RAJENDRA KUMAR
RAMYA KRISHNA
Some unsuccessful exceptions were there like Raj Kiran,Randheer kapoor
K K
kARSHMA KAPOOR
KAREENA KAPOOR
SINGER K K
N T R
Nandamuri Taraka RAMA RAO
NTR
NAYAN TARA NTR
M B
Mahesh babu
Mahamad Barwani
Mahesh Bhoopathi
L V
L V PRASAD
LAS VEGAS
R R
good
R B Does not work well
Film star rajeev bhatia
film star ramesh babu-failure-even being brother of mahesh babu,being son of star KRISHNA, he turned a flop.
R V works
R venkatraman ex vice president of india.
V V GREAT, IT WORKS
---------------
Moral choose your name initials carefully, if choosen wrong change it before 25 or 30, then prosper!!!!!!!!!!!
Wednesday, October 17, 2007
Secrets of masters-TRADING GAME
-------------------------------------------------------------------------------------
GentleMen,
Wise men learn from others experiences (or planned scenarios), while fooolish wait for their own experience.
In trading, people make same mistakes over and over, and refuse to learn from mistakes.In this process money is lost.
-----------------------------------------------------------------------------------
http://www.iitm.com/pos-siz-game.htm
CLICK ON LINK at the bottom or use url given above
Here a trading game is given by playing which again and again,people are educated
about position sizing-the game designed by VAN THARP.
----------------------------------------------
People are always looking for the "real" secrets of trading success,
but their mental biases always have them looking in the wrong places and at the wrong things.
Consequently, they search for magical trading systems with 75% accuracy or better or for great entry systems that they think will help them pick the right stock. Picking the right stock has nothing to do with success and neither does the accuracy of your stock picking.
##############################################################################
Practically all Market Wizards agree that the key ingredients to your success are:
(1) the golden rule of trading—"cut your losses short and let your profits run;"
(2) that part of your trading system that tells you how much; and,
(3) the discipline to do both.
When you think about the golden rule of trading, it basically describes exits—how you abort losses and ride winners.
When you think about Position Sizing™, it basically controls how much you risk on any given trade.
Dr. Tharp designed the "Secrets of the Masters™" Trading Game to help you learn the secrets to trading success before you trade the markets.
This game totally de-emphasizes entry or "stock picking" and instead requires that you focus on the most important aspects of trading—Position Sizing™ and letting your profits run. Our new game has ten levels that get progressively more difficult to master. However, once you’ve mastered these principles, you’ll know you’ve mastered some of the key skills to trading success.
Download the game to your computer by clicking on the link above. You will have the opportunity to play levels one through three of the game for FREE.
If you choose to purchase the Secrets of the Masters™" Trading Game, which includes unlimited access to levels 4-10, all you'll have to do is order on line or call IITM at 1-800-385-4486. The entire game is $195. Once you order the game we will give you a personal access code that will allow you to play all levels of the Secrets of the Masters™" Trading Game.
-----------------------------------------------------------------------------------
OPINION
"I have found the game to very helpful, and I’ve played it over and over again with different money management programs. It’s one thing to read about the mind traps that traders create regarding probabilities and the gambler’s fallacy, or to read that random number series can contain protracted winning and losing streaks, but playing a simulation that feels like trading really drives home the lessons about disciple, systems, and expectancy. Playing the game over time helps reinforce the idea that you get the same probability distributions as everyone else, and that your trading plan will need to address this fact through money management, position sizing, trading rules etc.
"I have found that it also helps you change the way you frame the activity of trading, because the game focuses on systems results and strips away entries, setups and the other false control illusions that traders inevitably get wrapped up in. At first it didn’t feel like trading, because it didn’t focus on the things that I did when I traded, but gradually it
"It dawned on me that I might not be focusing on the right areas. The opportunity to view a trading system as the random distribution of hundreds or thousands of independent trials changed my view about my ability to "change the markets", and focusing on maximizing system outcomes has given me a fresh perspective on trading, systems development, and risk." —Alan Stevens, Boulder CO
*********************************************************************************
Just Play the Gameby Melita Hunt
Most of you know that we have a downloadable trading simulation game called Secrets of the Masters, which is designed to help you learn position sizing more effectively.
All in all, it is just a game, yet I am astounded at the number of people that call in trying to “get it right,” analyzing it and wanting to “learn what to do properly” versus just playing the game.
The game is designed to be experiential,
which basically means
that you just play it over and over again (without costing any real money) until you get an internal feeling or understanding of the various things that can happen to you in the markets and how your decisions about position sizing affect the random scenarios that you find yourself in. The more you have the experience, the more you learn.
Yet there are so many detailed folks out there who are so intent on getting down into the nuances of how it works, what it should/shouldn’t be doing and trying their best to determine the statistics, numbers and algorithms and what it is likely to do next, that they lose the enjoyment and experience of just playing the game.
I wonder how many people do this with the markets?
Are you a chronic “predictor” trying to get the markets right? Wanting to work out or know what they will do next?
==========================================================
Well I’ve got some bad news for you, the market doesn’t know or care when you enter or exit it. It just does what it does and the answers aren’t going to come until after the fact.
==========================================================
But don’t get me wrong, I absolutely encourage learning as much as you can about trading, but it’s like swimming or riding a bike. The real experience comes when you jump in the pool or take off those training wheels.
And if it’s not trading, then where else is it in your life that you haven’t been willing to just jump in and play the game?
You can contact Melita at mel@iitm.com
-----------------------------------------------------------------------------------
Trading basics
Position sizing, Money management,Trend,entry-exit rules,confidence(state of your mind)
GentleMen,
Wise men learn from others experiences (or planned scenarios), while fooolish wait for their own experience.
In trading, people make same mistakes over and over, and refuse to learn from mistakes.In this process money is lost.
-----------------------------------------------------------------------------------
http://www.iitm.com/pos-siz-game.htm
CLICK ON LINK at the bottom or use url given above
Here a trading game is given by playing which again and again,people are educated
about position sizing-the game designed by VAN THARP.
----------------------------------------------
People are always looking for the "real" secrets of trading success,
but their mental biases always have them looking in the wrong places and at the wrong things.
Consequently, they search for magical trading systems with 75% accuracy or better or for great entry systems that they think will help them pick the right stock. Picking the right stock has nothing to do with success and neither does the accuracy of your stock picking.
##############################################################################
Practically all Market Wizards agree that the key ingredients to your success are:
(1) the golden rule of trading—"cut your losses short and let your profits run;"
(2) that part of your trading system that tells you how much; and,
(3) the discipline to do both.
When you think about the golden rule of trading, it basically describes exits—how you abort losses and ride winners.
When you think about Position Sizing™, it basically controls how much you risk on any given trade.
Dr. Tharp designed the "Secrets of the Masters™" Trading Game to help you learn the secrets to trading success before you trade the markets.
This game totally de-emphasizes entry or "stock picking" and instead requires that you focus on the most important aspects of trading—Position Sizing™ and letting your profits run. Our new game has ten levels that get progressively more difficult to master. However, once you’ve mastered these principles, you’ll know you’ve mastered some of the key skills to trading success.
Download the game to your computer by clicking on the link above. You will have the opportunity to play levels one through three of the game for FREE.
If you choose to purchase the Secrets of the Masters™" Trading Game, which includes unlimited access to levels 4-10, all you'll have to do is order on line or call IITM at 1-800-385-4486. The entire game is $195. Once you order the game we will give you a personal access code that will allow you to play all levels of the Secrets of the Masters™" Trading Game.
-----------------------------------------------------------------------------------
OPINION
"I have found the game to very helpful, and I’ve played it over and over again with different money management programs. It’s one thing to read about the mind traps that traders create regarding probabilities and the gambler’s fallacy, or to read that random number series can contain protracted winning and losing streaks, but playing a simulation that feels like trading really drives home the lessons about disciple, systems, and expectancy. Playing the game over time helps reinforce the idea that you get the same probability distributions as everyone else, and that your trading plan will need to address this fact through money management, position sizing, trading rules etc.
"I have found that it also helps you change the way you frame the activity of trading, because the game focuses on systems results and strips away entries, setups and the other false control illusions that traders inevitably get wrapped up in. At first it didn’t feel like trading, because it didn’t focus on the things that I did when I traded, but gradually it
"It dawned on me that I might not be focusing on the right areas. The opportunity to view a trading system as the random distribution of hundreds or thousands of independent trials changed my view about my ability to "change the markets", and focusing on maximizing system outcomes has given me a fresh perspective on trading, systems development, and risk." —Alan Stevens, Boulder CO
*********************************************************************************
Just Play the Gameby Melita Hunt
Most of you know that we have a downloadable trading simulation game called Secrets of the Masters, which is designed to help you learn position sizing more effectively.
All in all, it is just a game, yet I am astounded at the number of people that call in trying to “get it right,” analyzing it and wanting to “learn what to do properly” versus just playing the game.
The game is designed to be experiential,
which basically means
that you just play it over and over again (without costing any real money) until you get an internal feeling or understanding of the various things that can happen to you in the markets and how your decisions about position sizing affect the random scenarios that you find yourself in. The more you have the experience, the more you learn.
Yet there are so many detailed folks out there who are so intent on getting down into the nuances of how it works, what it should/shouldn’t be doing and trying their best to determine the statistics, numbers and algorithms and what it is likely to do next, that they lose the enjoyment and experience of just playing the game.
I wonder how many people do this with the markets?
Are you a chronic “predictor” trying to get the markets right? Wanting to work out or know what they will do next?
==========================================================
Well I’ve got some bad news for you, the market doesn’t know or care when you enter or exit it. It just does what it does and the answers aren’t going to come until after the fact.
==========================================================
But don’t get me wrong, I absolutely encourage learning as much as you can about trading, but it’s like swimming or riding a bike. The real experience comes when you jump in the pool or take off those training wheels.
And if it’s not trading, then where else is it in your life that you haven’t been willing to just jump in and play the game?
You can contact Melita at mel@iitm.com
-----------------------------------------------------------------------------------
Trading basics
Position sizing, Money management,Trend,entry-exit rules,confidence(state of your mind)
Saturday, October 13, 2007
Money Management- A must for trading-Hints
-------------------------------------------------------
Gentlemen,
### First thing first, Education
please read articles at link given here.
http://www.traders.com/Reprints/ArticleList.html
http://www.traders.com/Reprints/PDF_reprints/TC_FINE.PDF
### Second thing:
What is most important for trading?
Preparation:
If you are going to trade tomorrow,prepare tonight.
Next
Money Management is top priority.
MM means how much loss to take, how many shares or futures to buy,how much to invest and how to calculate all that etc
read link
======================================================
Proper trade size=No of shares/futures contracts to buy
FORMULA
Proper trade size= (Risk amount- commission)/(Difference between Entry price and Stop loss price)
Remember, commission=brokerage and taxes
Putting in figures, (500-80)/1.5=280 shares
1.5= difference between entry price and stoploss level, 500 is the risk amount, 80 is the commission
Example
Max risk=2% of TRADING ACCOUNT SIZE,ie, capital per trade
Account size=25000
Risk amount=2% of 25000=500
stock=MSFT
Entry price=60 Initial stoploss=58.5
Difference between entry and stoploss=1.5
Commission per round trip,ie,for buying plus selling=80
MAXIMUM TRADESIZE= 280 shares by calculation
-----------
Summary
we invested in only so many shares,if loss comes it wont exceed 500,our max risk amount.
Amount invested=280shares at 60=16800
See the beauty THOUGH WE HAD 25000 AVAILABLE, WE HAVE CHOSEN TO INVEST ONLY 16800
------------------------
LIMITING RISK TO X% ON EACH TRADE IS THE KEY TO SURVIVAL.LIMITING MAX RISK TO
2% OF TRADING ACCOUNT SIZE IS THE KEY TO SURVIVAL.
wHY X% ON EACH TRADE? bECAUSE IT IS FLEXIBLE,BASED ON SCRIP AVERAGE TRUE RANGE, WE SET THIS X%.
Good luck
Gentlemen,
### First thing first, Education
please read articles at link given here.
http://www.traders.com/Reprints/ArticleList.html
http://www.traders.com/Reprints/PDF_reprints/TC_FINE.PDF
### Second thing:
What is most important for trading?
Preparation:
If you are going to trade tomorrow,prepare tonight.
Next
Money Management is top priority.
MM means how much loss to take, how many shares or futures to buy,how much to invest and how to calculate all that etc
read link
======================================================
Proper trade size=No of shares/futures contracts to buy
FORMULA
Proper trade size= (Risk amount- commission)/(Difference between Entry price and Stop loss price)
Remember, commission=brokerage and taxes
Putting in figures, (500-80)/1.5=280 shares
1.5= difference between entry price and stoploss level, 500 is the risk amount, 80 is the commission
Example
Max risk=2% of TRADING ACCOUNT SIZE,ie, capital per trade
Account size=25000
Risk amount=2% of 25000=500
stock=MSFT
Entry price=60 Initial stoploss=58.5
Difference between entry and stoploss=1.5
Commission per round trip,ie,for buying plus selling=80
MAXIMUM TRADESIZE= 280 shares by calculation
-----------
Summary
we invested in only so many shares,if loss comes it wont exceed 500,our max risk amount.
Amount invested=280shares at 60=16800
See the beauty THOUGH WE HAD 25000 AVAILABLE, WE HAVE CHOSEN TO INVEST ONLY 16800
------------------------
LIMITING RISK TO X% ON EACH TRADE IS THE KEY TO SURVIVAL.LIMITING MAX RISK TO
2% OF TRADING ACCOUNT SIZE IS THE KEY TO SURVIVAL.
wHY X% ON EACH TRADE? bECAUSE IT IS FLEXIBLE,BASED ON SCRIP AVERAGE TRUE RANGE, WE SET THIS X%.
Good luck
Wednesday, October 10, 2007
Investing tips in India -A Survey by me
Gents,
Agency providing paid investing tips & their validity/reliability
CAPITAFOLIO
Too late-by the time you get the tips the stock is already up -you need to look at sky helpless
Tradersedgeindia NOT WORTH
Indianstocks Under study
Tips4trade Reliable-they say what they mean
Portfolio management schemes PMS
SHAREKHAN PMS TOP CLASS RESEARCH-HIGH RELIABILITY-HIGH QUALITY
RELIGARE PMS RETURNS ARE GOOD-FEEDBACK LIMITED-DEPENDABLE
INDIAINFOLINE RESEARCH IS OK-50% ALRIGHT
ICICI DIRECT I DONT KNOW-ONLY THING I KNOW COSTLY PEOPLE- EXPENSIVE
BROKERS.
Agency providing paid investing tips & their validity/reliability
CAPITAFOLIO
Too late-by the time you get the tips the stock is already up -you need to look at sky helpless
Tradersedgeindia NOT WORTH
Indianstocks Under study
Tips4trade Reliable-they say what they mean
Portfolio management schemes PMS
SHAREKHAN PMS TOP CLASS RESEARCH-HIGH RELIABILITY-HIGH QUALITY
RELIGARE PMS RETURNS ARE GOOD-FEEDBACK LIMITED-DEPENDABLE
INDIAINFOLINE RESEARCH IS OK-50% ALRIGHT
ICICI DIRECT I DONT KNOW-ONLY THING I KNOW COSTLY PEOPLE- EXPENSIVE
BROKERS.
100% Return on your trading investments in India
=====================================================================================
Do you get worried about where to invest your funds in short term or long term in stockmarkets?
Here is the perfect answer.
Tips4Trade Google Group
Three steps 1. Join the group 2. Read the tips,note down 3. Implement.
Hello Customers / Members / Traders / Investors / Brokers / Sub-brokers and Operators
10 th OCTOBER 2007
The markets are on a new high.......and sensex crossed mark of 18000 as per our prediction about market........and thanks for your overwhelming response to Tips4Trade......
.our google group crossed mark of 10,000 people in simply last 1 year strong>
Earning profit in stock market is a combination of 3 things
Right Information + Right time + Right Stock = Good profit
We have always tried to help our investors in
picking right stocks
at the right time so
that they can earn good profit and
keeping that in mind we are now planning to revamp our website to guide our customers & Members to get good returns on their investment.
Looking forward to the same response from u in coming future............. :)
Join our google group –tips4trade immediately to get free stock market tips - Intraday call, Delivery Call, Super Call, Swing Trading and Future and Options for Indian Stock Market.
: http://groups.google.com/group/Tips4Trade
You can send Post/Query/General on indian share market too (email us : tips4trade@gmail.com )
Do you get worried about where to invest your funds in short term or long term in stockmarkets?
Here is the perfect answer.
Tips4Trade Google Group
Three steps 1. Join the group 2. Read the tips,note down 3. Implement.
Hello Customers / Members / Traders / Investors / Brokers / Sub-brokers and Operators
10 th OCTOBER 2007
The markets are on a new high.......and sensex crossed mark of 18000 as per our prediction about market........and thanks for your overwhelming response to Tips4Trade......
.our google group crossed mark of 10,000 people in simply last 1 year strong>
Earning profit in stock market is a combination of 3 things
Right Information + Right time + Right Stock = Good profit
We have always tried to help our investors in
picking right stocks
at the right time so
that they can earn good profit and
keeping that in mind we are now planning to revamp our website to guide our customers & Members to get good returns on their investment.
Looking forward to the same response from u in coming future............. :)
Join our google group –tips4trade immediately to get free stock market tips - Intraday call, Delivery Call, Super Call, Swing Trading and Future and Options for Indian Stock Market.
: http://groups.google.com/group/Tips4Trade
You can send Post/Query/General on indian share market too (email us : tips4trade@gmail.com )
Monday, October 08, 2007
Big volume comes first, Big price move follows next
gENTS,
pLEASE visit www.bigtrends.com
see this beautiful video with nice charts.
Did you miss the online seminar
with Bob Lang last week?
You can watch it now!
Simply click on this link to view the video and find out how Bob makes big wins in the GrandSlam portfolio:
http://bigtrends.acrobat.com/p63058608/
MACD and volume spikes can give you an alert of big price moves to come.
good luck
pLEASE visit www.bigtrends.com
see this beautiful video with nice charts.
Did you miss the online seminar
with Bob Lang last week?
You can watch it now!
Simply click on this link to view the video and find out how Bob makes big wins in the GrandSlam portfolio:
http://bigtrends.acrobat.com/p63058608/
MACD and volume spikes can give you an alert of big price moves to come.
good luck
Tradestation 2000i Installation problems-solutions
Gents,
=================================================================================
Tradestation2000i is available at 75 to 100 dollars.(platinum edition in INDIA).
problem-1
INSTALLATION PROBLEMS
During installation, one faces problems,specially during Sp4update and Sp5update.The installation stops after going about 90% complete.
An alarm appears like "% s decompression failed.There is not enough space in TEMP directory"
----------------------------------------------
solution
go to
RUN
type
%TEMP%
then
enter,
you see the hidden Ts files in TEMP, delete all of them ,after careful check,so as not to delete any system files.
now restart pc, install your update pack SP4, it goes zoom.
----------------------------------------------------
Unless the sp4 and sp5 packs are installed, global version is not updated to version 822.
Unless Global server is of 822 version,you canot import real time data for trading from ESIGNAL .
ESIGNAL vesrion 8 is only compatible with tradestation 2000i, so dont install Esignal version 10. and you need an Esignal plugin utility which you can get online or get from esignal people.
Global server
While installing setup, just select server named DBC SUBSERVER, otherwise you cant import data from ESIGNAL data manager.
A tip to have good operation
After use, daily before swiching youtr pc, just go to global server tools, go and click on RUN NIGHTLY MAINTENANCE, it saves lots of problems.
-----------------------------------------------------------------------------------
=================================================================================
Tradestation2000i is available at 75 to 100 dollars.(platinum edition in INDIA).
problem-1
INSTALLATION PROBLEMS
During installation, one faces problems,specially during Sp4update and Sp5update.The installation stops after going about 90% complete.
An alarm appears like "% s decompression failed.There is not enough space in TEMP directory"
----------------------------------------------
solution
go to
RUN
type
%TEMP%
then
enter,
you see the hidden Ts files in TEMP, delete all of them ,after careful check,so as not to delete any system files.
now restart pc, install your update pack SP4, it goes zoom.
----------------------------------------------------
Unless the sp4 and sp5 packs are installed, global version is not updated to version 822.
Unless Global server is of 822 version,you canot import real time data for trading from ESIGNAL .
ESIGNAL vesrion 8 is only compatible with tradestation 2000i, so dont install Esignal version 10. and you need an Esignal plugin utility which you can get online or get from esignal people.
Global server
While installing setup, just select server named DBC SUBSERVER, otherwise you cant import data from ESIGNAL data manager.
A tip to have good operation
After use, daily before swiching youtr pc, just go to global server tools, go and click on RUN NIGHTLY MAINTENANCE, it saves lots of problems.
-----------------------------------------------------------------------------------
Friday, October 05, 2007
Trading edge comes from trading basics-not indicators
------------------------------------------------------------------------------------
Gentlemen,
First, let me thank the excellent coach,Sam Seiden, sseiden@tradingacademy.com for his wonderful insight into how trading is to be taught in a practical way.
------------------------------------------------
Objective Rule Based Trading with Consistent Low Risk/High Reward Results - The Online Trading Academy Way
------------------------------------------------
Please visit and learn trading basics.
There are free lessons.
Free Newsletter:
Lessons from the Pros are powerful trading articles covering all aspects of trading, including charting, technical analysis, shorting, taxes and more.
The recent best lesson you can find at
------------------------------------------
Summary:
1)Does your trading lack the "trader's edge" needed to be a consistent winner in the markets?
2)Do you find yourself entering and exiting positions at the very wrong time?
Learn to understand first why most traders fail
If you enter and exit along with the crowds using the charts,indicators and other tools the way they do,you will do what they do-say enter and exit trades with no trading edge.
The Nucleus or core of this lesson is
The whole thing is you must know how to properly identify and utilize support (demand) and resistance (supply).
Then you can become a consistent winner and benefit from those very consistent loosers of two groups who are (a)Never had any trading education (They decide buy/sell based on emotion or (b)second group are the people who have been thoroughly educated, Exactly the wrong way .
What is so special about second group of highly trained traders?
This group is in much worse shape than the first group
because they are walking east and west trying to find the North Pole
and don't even know it.
Now you can guess why 90% of traders fail?
Not due to emotion based trading(new traders and untrained traders), but due to
ignoring the trading basic number one-support and resistance coupled with low risk entry-misinformed folks. Just price chart alone is sufficient to trade,no need of complicated indicators.
-------------------------------------------------------------------------------
In case you cant open links given above, please read lesson below
Objective Rule Based Trading with Consistent Low Risk/High Reward Results - The Online Trading Academy Way
Does your trading lack the "trader's edge" needed to be a consistent winner in the markets?
Do you find yourself entering and exiting positions at the very wrong time?
If the answer is yes, you're not alone.
The good news is that there is a very specific reason why the majority of traders enter and exit trades with very poor timing. Also, the answers needed to fix this problem are far simpler than you may think.
To gain the edge and learn how to stack the odds in our favor, we will go back to the school of basics, not just to review the basic concepts but more importantly to look at them very differently than we have before.
At Online Trading Academy, we know that if we look at charts, indicators, and any other tools used to perform market analysis the same way everybody else does, we would just be entering and exiting positions with them as well which gives us little to no edge.
To gain the consistent edge which means low risk/high reward entries, we must first have a solid understanding of why most traders fail.
Second, realize that moves in the markets are driven by mass psychology and the pure laws of supply and demand.
Third, know how to properly identify and utilize support (demand) and resistance (supply).
Finally, we need to be able to see what this looks like on a chart and also have an objective and mechanical set of criteria for execution.
Today, I was teaching the Online Trading Academy Professional Trader Part 1 and 2 class in Houston Texas . It's now day six of the seven day class and for me, day six is always my favorite. The reason it's my favorite day of the class is because this is when I can really see the students trading the markets the way I have been teaching them all week. They tend to do well on days four and five but by day six, most are trading very well and having a blast doing it. While it's fun to trade and make money, by day six, they realize they have been taught the rules for obtaining consistent low risk/high reward profits forever, not just a strategy that will work in certain market environments, and break down in others.
They understand now that
when you have a solid understanding of pure supply and demand coupled with objective and mechanical rules for analyzing a chart and trading, you are able to perform the same in any and all markets, and market environments.
As I mentioned before, most people lose consistently in trading. There are two groups of consistent losers and it's important that you get to know them well. I will explain why in a minute.
The first group is the group who has never been educated in trading. This group tends to make buy and sell decisions based on emotion.
The second group are the people who have been thoroughly educated, the wrong way .
This group is in much worse shape than the first group
because they are walking east and west trying to find the North Pole
and don't even know it.
They don't know it because they are following the rules they were given and likely paid for so how can the education be wrong? It must work! Think again... The problem is that the foundation of their strategy and training is fraught with lagging indicators and oscillators that only increase risk, traditional chart patterns that are better served with a frame around them on your wall, and tons of illusions given to them by those who have more to gain by obscuring reality .
Let's go back to school and re-learn some basic concepts you may have already been taught, the wrong way.
The reason I said that you had better get to know the consistent loser very well is because these people are the ones who provide income for the consistently profitable trader.
Let's explore this by looking at three trades taken today by students in my class trading real Online Trading Academy money, using objective rules based on the laws and principles of supply (resistance) and demand (support).
This student sold short at the circled area.
Example1
The trading platform inserts the little green line at the entry price. The student inserted the blue lines to identify the objective supply (resistance) level. As price was rising for shares of ADBE, my student was waiting for price to come up to his level so that he could sell short. He only wanted to short at his predetermined level for the following reason...
This reason is the key to a proper foundation when buying and selling anything. It's the difference between consistent profits and consistent losses.
When price came up to his supply level, intelligently he sold short to the buyer who was buying AFTER an advance in price and at a price level where SUPPLY EXCEEDED DEMAND.
The laws of supply and demand ensure that the buyer of anything who takes this action will lose consistently.
The student who made this day trade gladly sold to this ill-informed buyer. Shorting at the turn in price means your risk is very low and your reward is very high. The longer you wait to short from the level, the higher the risk and lower the reward. We will revisit this topic in the weeks to come.
The supply level here in ABAX again represents temporary price stability which gives the appearance of supply and demand equilibrium. The price drop from that level tells us objectively this is really a price level where supply greatly exceeded demand. Therefore, if and when price revisits this supply level for the first time, we can say that price is revisiting a level where supply greatly exceeds demand.
In any market, when price is at a level where supply greatly exceeds demand, prices decline.
Example2
Again, another intelligent student in class sold to a buyer who was buying AFTER an advance in price and at a price level where SUPPLY EXCEEDED DEMAND.
His short entry was at the circled area. Mind you, this is a daily chart and a huge low risk gain in a short period of time.
What I impressed upon the student was the fact that while the gain was nice, the most important part of the trade was the low risk entry taken to obtain that gain.
An Observation...
I have been trading and providing trading education for many years.
One of the most important lessons I have learned is that most people can't follow simple rules.
I can hand someone quality trading tools and a mechanical set of rules on a silver platter but if the foundation of their trading belief system is faulty, they will not be able to follow or execute the simple rules.
The problem is that they succumb to illusion filters they don't even know are present. These illusion creators can come in the form of lagging indicators and oscillators, market or economic news, so-called professional's opinions, green and red candles on your price charts, and so on.
This leads to falling for what I like to call, "the illusion trap".
At Online Trading Academy, our objective is to not only teach people how NOT to fall for these traps but also how to get paid from those who do with a set of objective rules.
-------------------------------------------------------------------------------------
The consistent looser pays the consistent winner in the markets and the winner uses the right timing of entry exit based on support-resistance (demand-supply).
-------------------------------------------------------------------------------------
TRADING BASIC NUMBER ONE TO BE A CONSISTENT WINNER IN TRADING
IDENTIFY DEMAND(SUPPORT) AND SUPPLY(RESISTANCE) BALANCE, SELL AT RESISTANCE,BUY AT SUPPORT (Loosers do exact opposite)
Gentlemen,
First, let me thank the excellent coach,Sam Seiden, sseiden@tradingacademy.com for his wonderful insight into how trading is to be taught in a practical way.
------------------------------------------------
Objective Rule Based Trading with Consistent Low Risk/High Reward Results - The Online Trading Academy Way
------------------------------------------------
Please visit and learn trading basics.
There are free lessons.
Free Newsletter:
Lessons from the Pros are powerful trading articles covering all aspects of trading, including charting, technical analysis, shorting, taxes and more.
The recent best lesson you can find at
------------------------------------------
Summary:
1)Does your trading lack the "trader's edge" needed to be a consistent winner in the markets?
2)Do you find yourself entering and exiting positions at the very wrong time?
Learn to understand first why most traders fail
If you enter and exit along with the crowds using the charts,indicators and other tools the way they do,you will do what they do-say enter and exit trades with no trading edge.
The Nucleus or core of this lesson is
The whole thing is you must know how to properly identify and utilize support (demand) and resistance (supply).
Then you can become a consistent winner and benefit from those very consistent loosers of two groups who are (a)Never had any trading education (They decide buy/sell based on emotion or (b)second group are the people who have been thoroughly educated, Exactly the wrong way .
What is so special about second group of highly trained traders?
This group is in much worse shape than the first group
because they are walking east and west trying to find the North Pole
and don't even know it.
Now you can guess why 90% of traders fail?
Not due to emotion based trading(new traders and untrained traders), but due to
ignoring the trading basic number one-support and resistance coupled with low risk entry-misinformed folks. Just price chart alone is sufficient to trade,no need of complicated indicators.
-------------------------------------------------------------------------------
In case you cant open links given above, please read lesson below
Objective Rule Based Trading with Consistent Low Risk/High Reward Results - The Online Trading Academy Way
Does your trading lack the "trader's edge" needed to be a consistent winner in the markets?
Do you find yourself entering and exiting positions at the very wrong time?
If the answer is yes, you're not alone.
The good news is that there is a very specific reason why the majority of traders enter and exit trades with very poor timing. Also, the answers needed to fix this problem are far simpler than you may think.
To gain the edge and learn how to stack the odds in our favor, we will go back to the school of basics, not just to review the basic concepts but more importantly to look at them very differently than we have before.
At Online Trading Academy, we know that if we look at charts, indicators, and any other tools used to perform market analysis the same way everybody else does, we would just be entering and exiting positions with them as well which gives us little to no edge.
To gain the consistent edge which means low risk/high reward entries, we must first have a solid understanding of why most traders fail.
Second, realize that moves in the markets are driven by mass psychology and the pure laws of supply and demand.
Third, know how to properly identify and utilize support (demand) and resistance (supply).
Finally, we need to be able to see what this looks like on a chart and also have an objective and mechanical set of criteria for execution.
Today, I was teaching the Online Trading Academy Professional Trader Part 1 and 2 class in Houston Texas . It's now day six of the seven day class and for me, day six is always my favorite. The reason it's my favorite day of the class is because this is when I can really see the students trading the markets the way I have been teaching them all week. They tend to do well on days four and five but by day six, most are trading very well and having a blast doing it. While it's fun to trade and make money, by day six, they realize they have been taught the rules for obtaining consistent low risk/high reward profits forever, not just a strategy that will work in certain market environments, and break down in others.
They understand now that
when you have a solid understanding of pure supply and demand coupled with objective and mechanical rules for analyzing a chart and trading, you are able to perform the same in any and all markets, and market environments.
As I mentioned before, most people lose consistently in trading. There are two groups of consistent losers and it's important that you get to know them well. I will explain why in a minute.
The first group is the group who has never been educated in trading. This group tends to make buy and sell decisions based on emotion.
The second group are the people who have been thoroughly educated, the wrong way .
This group is in much worse shape than the first group
because they are walking east and west trying to find the North Pole
and don't even know it.
They don't know it because they are following the rules they were given and likely paid for so how can the education be wrong? It must work! Think again... The problem is that the foundation of their strategy and training is fraught with lagging indicators and oscillators that only increase risk, traditional chart patterns that are better served with a frame around them on your wall, and tons of illusions given to them by those who have more to gain by obscuring reality .
Let's go back to school and re-learn some basic concepts you may have already been taught, the wrong way.
The reason I said that you had better get to know the consistent loser very well is because these people are the ones who provide income for the consistently profitable trader.
Let's explore this by looking at three trades taken today by students in my class trading real Online Trading Academy money, using objective rules based on the laws and principles of supply (resistance) and demand (support).
This student sold short at the circled area.
Example1
The trading platform inserts the little green line at the entry price. The student inserted the blue lines to identify the objective supply (resistance) level. As price was rising for shares of ADBE, my student was waiting for price to come up to his level so that he could sell short. He only wanted to short at his predetermined level for the following reason...
This reason is the key to a proper foundation when buying and selling anything. It's the difference between consistent profits and consistent losses.
When price came up to his supply level, intelligently he sold short to the buyer who was buying AFTER an advance in price and at a price level where SUPPLY EXCEEDED DEMAND.
The laws of supply and demand ensure that the buyer of anything who takes this action will lose consistently.
The student who made this day trade gladly sold to this ill-informed buyer. Shorting at the turn in price means your risk is very low and your reward is very high. The longer you wait to short from the level, the higher the risk and lower the reward. We will revisit this topic in the weeks to come.
The supply level here in ABAX again represents temporary price stability which gives the appearance of supply and demand equilibrium. The price drop from that level tells us objectively this is really a price level where supply greatly exceeded demand. Therefore, if and when price revisits this supply level for the first time, we can say that price is revisiting a level where supply greatly exceeds demand.
In any market, when price is at a level where supply greatly exceeds demand, prices decline.
Example2
Again, another intelligent student in class sold to a buyer who was buying AFTER an advance in price and at a price level where SUPPLY EXCEEDED DEMAND.
His short entry was at the circled area. Mind you, this is a daily chart and a huge low risk gain in a short period of time.
What I impressed upon the student was the fact that while the gain was nice, the most important part of the trade was the low risk entry taken to obtain that gain.
An Observation...
I have been trading and providing trading education for many years.
One of the most important lessons I have learned is that most people can't follow simple rules.
I can hand someone quality trading tools and a mechanical set of rules on a silver platter but if the foundation of their trading belief system is faulty, they will not be able to follow or execute the simple rules.
The problem is that they succumb to illusion filters they don't even know are present. These illusion creators can come in the form of lagging indicators and oscillators, market or economic news, so-called professional's opinions, green and red candles on your price charts, and so on.
This leads to falling for what I like to call, "the illusion trap".
At Online Trading Academy, our objective is to not only teach people how NOT to fall for these traps but also how to get paid from those who do with a set of objective rules.
-------------------------------------------------------------------------------------
The consistent looser pays the consistent winner in the markets and the winner uses the right timing of entry exit based on support-resistance (demand-supply).
-------------------------------------------------------------------------------------
TRADING BASIC NUMBER ONE TO BE A CONSISTENT WINNER IN TRADING
IDENTIFY DEMAND(SUPPORT) AND SUPPLY(RESISTANCE) BALANCE, SELL AT RESISTANCE,BUY AT SUPPORT (Loosers do exact opposite)
Thursday, October 04, 2007
What makes a Winning trade? trend,entry-exit,confidence
Ramesh,
We have all felt the jubilation of a winning trade. What makes the
difference between a winning or losing trade? Is it timing, luck, or skill?
Whatever your trading tactic, I suggest watching this streaming video
that gives insight on what makes a winning trade. This could help you
put the odds in your favor:
http://broadcast.ino.com/videos/winningtrade/?WK929
See 4 real-market examples that show how technical analysis and good
old common sense combine to make a winning trade. Watch it for no cost
and no registration here:
http://broadcast.ino.com/videos/winningtrade/?WK929Great Trading and Good Luck,
Adam Hewison
We have all felt the jubilation of a winning trade. What makes the
difference between a winning or losing trade? Is it timing, luck, or skill?
Whatever your trading tactic, I suggest watching this streaming video
that gives insight on what makes a winning trade. This could help you
put the odds in your favor:
http://broadcast.ino.com/videos/winningtrade/?WK929
See 4 real-market examples that show how technical analysis and good
old common sense combine to make a winning trade. Watch it for no cost
and no registration here:
http://broadcast.ino.com/videos/winningtrade/?WK929Great Trading and Good Luck,
Adam Hewison
Music Love song Tamil-Engae enadhu kavithai and others
================================================================================
List of songs
1.Nan thediya kavithai- TAMIL song
2.Meri NAZAR hai tujhpe- hindi song from moovie " The burning train"
EAST or WEST Which is best? Everything is as good.Even music wise
http://www.youtube.com/watch?v=GKNNC1rxu60
3.My favourite song in telugu
http://aakasavani.com/2007/07/28/jeevitham-saptasaagara-geetam/
Video available in google video.
Moovie Chinni Krushnudu, singer Asha Bhonsle, Music R D BURMAN, Actors Ramesh babu, Khusboo
4.Deewanon ko pata hai - hindi song
http://www.youtube.com/watch?v=-H5RTYVxA8U
-------------------------------------------
NICE VIDEO
http://www.youtube.com/watch?v=ArFpAumxUDo
Tamil Song - Enge Enathu Kavithai - Naan Thediye Kavithai
-----------------
Lyrics lovers: Song means
The romantic poetry I have been searching has come in the form of a beautiful girl,and the beautiful girl I have been searching for has brought the nice romantic poetry
--------------
Moovie name:
YENGAE ENADHU KAVIDHAI -
TAMIL LYRICS
Song: Naan Thaediya Kavidhai
Singer: Sujatha, Bharathwaj
-----------------------------
naan thaediya kavidhai
oru peNNaay vandhadhu
naan thaediya peNmai
oru kavidhai thandhadhu
rojavin vaNNam kenjum
nadai poattaal annam anjum
nilavukkum ivaLai kaNdaal
vetkam dhaan vidaiyaay minchum
yaaro yaaro ivaLdhaan yaaro
(naan thaediya kavidhai...)
aRiyaadha nesathai aRindhaenae unnaalae
idhu poalae innaaL varai unadhaaga sugamdhaanae
kaNmoodi paarthaalum un nenjam therigiRadhey
enakkuLLum karuvaRai uNdu adhu unnai sumakkiRadhey
vizhi paesa vaarthai edhuvum illai kaadhal kasikkiRadhey
uyiraaga neeyum vandhaay vandhaay idhayam karaigiRadhey
sila neram iLamai iLamai yutham seigiRadhey
(naan thaediya kavidhai...)
vaan vaanam veezhndhaalum en kaadhal un pakkam
adhai neeyum aRindhaal poadum vaeRillai en soRgam
unai paartha pin dhaanae ulagai naan aRindhaenae
sila naeram ennai naanae nesithum magizhndhaenae
en kaadhal undhan sondhan endru neeyum sollvaaya?
en nenjin aasai nooRu illai ondrae aRivaaya?
iru uyirin idhayam ondru enbadhu purigiRadha
un kaadhalai thaanae naan kadavuL enbadhu
nee thaediya kavidhai un swaasam aanadhu
idhayathil innoru idhayam puthidhaaga poothadhu udhayam
unai kaNdaal ennuyir sidhayum
kaadhal dhaan sonnadhu adhaiyum
yaaro yaaro nee dhaan yaaro
(un kaadhalai thaanae...)
http://www.youtube.com/watch?v=ArFpAumxUDo
===================================================================================
List of songs
1.Nan thediya kavithai- TAMIL song
2.Meri NAZAR hai tujhpe- hindi song from moovie " The burning train"
EAST or WEST Which is best? Everything is as good.Even music wise
http://www.youtube.com/watch?v=GKNNC1rxu60
3.My favourite song in telugu
http://aakasavani.com/2007/07/28/jeevitham-saptasaagara-geetam/
Video available in google video.
Moovie Chinni Krushnudu, singer Asha Bhonsle, Music R D BURMAN, Actors Ramesh babu, Khusboo
4.Deewanon ko pata hai - hindi song
http://www.youtube.com/watch?v=-H5RTYVxA8U
-------------------------------------------
NICE VIDEO
http://www.youtube.com/watch?v=ArFpAumxUDo
Tamil Song - Enge Enathu Kavithai - Naan Thediye Kavithai
-----------------
Lyrics lovers: Song means
The romantic poetry I have been searching has come in the form of a beautiful girl,and the beautiful girl I have been searching for has brought the nice romantic poetry
--------------
Moovie name:
YENGAE ENADHU KAVIDHAI -
TAMIL LYRICS
Song: Naan Thaediya Kavidhai
Singer: Sujatha, Bharathwaj
-----------------------------
naan thaediya kavidhai
oru peNNaay vandhadhu
naan thaediya peNmai
oru kavidhai thandhadhu
rojavin vaNNam kenjum
nadai poattaal annam anjum
nilavukkum ivaLai kaNdaal
vetkam dhaan vidaiyaay minchum
yaaro yaaro ivaLdhaan yaaro
(naan thaediya kavidhai...)
aRiyaadha nesathai aRindhaenae unnaalae
idhu poalae innaaL varai unadhaaga sugamdhaanae
kaNmoodi paarthaalum un nenjam therigiRadhey
enakkuLLum karuvaRai uNdu adhu unnai sumakkiRadhey
vizhi paesa vaarthai edhuvum illai kaadhal kasikkiRadhey
uyiraaga neeyum vandhaay vandhaay idhayam karaigiRadhey
sila neram iLamai iLamai yutham seigiRadhey
(naan thaediya kavidhai...)
vaan vaanam veezhndhaalum en kaadhal un pakkam
adhai neeyum aRindhaal poadum vaeRillai en soRgam
unai paartha pin dhaanae ulagai naan aRindhaenae
sila naeram ennai naanae nesithum magizhndhaenae
en kaadhal undhan sondhan endru neeyum sollvaaya?
en nenjin aasai nooRu illai ondrae aRivaaya?
iru uyirin idhayam ondru enbadhu purigiRadha
un kaadhalai thaanae naan kadavuL enbadhu
nee thaediya kavidhai un swaasam aanadhu
idhayathil innoru idhayam puthidhaaga poothadhu udhayam
unai kaNdaal ennuyir sidhayum
kaadhal dhaan sonnadhu adhaiyum
yaaro yaaro nee dhaan yaaro
(un kaadhalai thaanae...)
http://www.youtube.com/watch?v=ArFpAumxUDo
===================================================================================
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