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Intro

Discussion in 'Introductions' started by mailneeraj77, Feb 24, 2014.

  1. mailneeraj77

    mailneeraj77 New Member

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    Dear All

    I am Neeraj and I am working as store Manager with SMS Industries, deal in packaging material.I have great interest in stock market and looking forward to make share trading as full time career,joining this forum is first step towards it.

    I appreciate all your precious advice which you can give me to fulfill my dream of becoming full time trader.
     
    mailneeraj77, Feb 24, 2014
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  2. shabbir

    shabbir Administrator Staff Member

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    Welcome Neeraj and congrats on making your first post in the forum.
     
    shabbir, Feb 25, 2014
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  3. balurajgopal

    balurajgopal New Member

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    I received a mail from SB that if I have read his Ebook and the feedback if any. I replied in the negative but that guilty feeling made me spend sufficient time last night to read the book. I have finished 40 pages in one go without any hurdle in understanding. Since the book was , in my opinion designed for novice traders/investors it was rather easy for me to follow quickly. So far only one doubt. I need to know how to get access to interactive trader work stAtion?. As I am office goer, I will learn only from EOD charts. hope I can still learn. I request response. Regards
     
    balurajgopal, Mar 1, 2014
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  4. shabbir

    shabbir Administrator Staff Member

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    Thanks for the feedback and glad you liked the eBook.

    You don't need interactive trader work station but any charting software is enough. If you use even EOD charts that is also ok for investment purpose but not recommended for trading.
     
    shabbir, Mar 1, 2014
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  5. ravirajpr

    ravirajpr Responder

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    Hi Bala,
    Just to add to this EoD charts is more than sufficient for part time traders and you can use Daily & Weekly charts.

    I've few suggestions as you are staring new
    1. try to understand the concepts
    2. understand price action and the broader market
    3. create a trade plan with your strategy and journal all your trades so that you can review your trades say after 25 to 30 trades. This will give you a better understanding which strategy/pattern works for you. As you may not see a pattern in chart what I notice. These trades can be taken in a demo acct or paper trade based on your convenience. Journal will help you to review and correct your mistakes and try to improve your skills as I consider TA similar to art.
    3. Once you are confident then start with live trade

    Practice the above steps and the results will follow the efforts.

    I'll create a separate topic under Tools/Software to suggest few charting software that are available free of cost and you don't need to pay anything for it as I've demo'd many tools & software.

    And last but not least if you put in quality time then you can succeed as practice and perservance is very important.
     
    Last edited: Apr 9, 2014
    ravirajpr, Apr 9, 2014
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