Bulls, Bears & The Lion

[trade4putuval]

please get some basic knowledge about forex first..

Now, who is the ignorant man in this thread?
For somebody to learn something, there are two options,

take a book, read it, analyze it, try it and master it.
or
find a guru, learn to trade from his tips and techniques, try to simulate the guru to an extent and then master your own style of trading.

Now,in the first option, you have to find a book that will give you the best knowledge.Who will recommend this? Ok, somebody recommends it, who will clear the doubts while reading the book!!

Now, why would one want to do this, especially the one who regularly reads this thread! The second option is so wide open here, people would prefer the second option over the first!!! Gotcha!!!

State your Gurudakshina,

Rajiv

 

[findvikas]

hehe... I am out

 

[findvikas]

no seriously... I do not have confidence in myself for Forex.. forex trading does not really follow charts or VSA.. its all about speculation. Who can forget George Soros who made over $1.1 billion on speculative trade in Forex.. thats too on intraday basis... I would make him my guru

 

[trade4putuval]

no seriously... I do not have confidence in myself for Forex.. forex trading does not really follow charts or VSA.. its all about speculation. Who can forget George Soros who made over $1.1 billion on speculative trade in Forex.. thats too on intraday basis... I would make him my guru

There comes the first gyan, guruji!
I will find references in George Soros, thanks!

Rajiv

 

[PGDIMES]

no seriously... I do not have confidence in myself for Forex.. forex trading does not really follow charts or VSA.. its all about speculation. Who can forget George Soros who made over $1.1 billion on speculative trade in Forex.. thats too on intraday basis... I would make him my guru

Find the thread - Trading with bars. Moreover pipshower also has another thread on the subject.

 

[findvikas]

as the Europe market opened weak I have increased my margin to $85 and traded with a leverage of 20 times.... booked a profit of 0.74 cents and holding 0.85 cents in unrealized profit with 200 units opened @ margin used of $14.29

 

[findvikas]

closed all open positions with a profit of $1.65 for the first day... enough for now.. will do more in the evening..

 

[findvikas]

buy nifty intraday trgt 4990-5020, sl 4949

 

[trade4putuval]

buy nifty intraday trgt 4990-5020, sl 4949

long red bar that took up my 5000CE @54.05.

Rajiv

 

[findvikas]

what price did you buy/sell it ?