General Trading Chat

[iwillwin]

How is this 3 hour free training organized by online trading academy for sharekan customers ...
Any review... Is it worth attending for someone learning technical analysis

Any one if heard or experience of such short session Pls reply

 

[ganeshams]

I bought nifty put 7450 @ 90 Rs on 8.2.16 and sold at 250 Rs on 10.2.16. 177% gain, sold when there was no sell call generated by system. then lost 5k on 11.2.16 due to wrong entry.

now sitting idle and waiting for system to generate entry. learned that stick with your own system and same time frame before booking profit/loss.

177% on employed capital might not on your entire trading capital....
If you put your entire trading capital on naked option,, I doubt though

 

[hames]

How is this 3 hour free training organized by online trading academy for sharekan customers ...
Any review... Is it worth attending for someone learning technical analysis

I have attended their 1 and half hour free training, not sure about 3 hours.
This is basically their marketing for online trading academy (OTA). their one week course was for Rs 97000 where in on sat and sun they teach all theorotical and from mon to fri they teach along with live market and let you trade too with their capital with their sytsem entry and exit.

I suggest you can get videos online if you google or youtube sam seiden or brandon wendell. they have a good website too tradingacademy.com in resources section they have good weekly articles on demand and supply zones and trading on the basis of them.

you can google on OTA videos if you find some material on forex they have videos around 2-3 GB.

 

[hames]

177% on employed capital might not on your entire trading capital....
If you put your entire trading capital on naked option,, I doubt though

that is only single lot. my balance itself was 12k.

 

[iwillwin]

Were u able to sell option at 250 price with 12k margin/balance...
?

 

[vivektrader]

that is only single lot. my balance itself was 12k.

That is the problem, with this capital you are not entitled to buy one lot, if you follow that you won't be risking more than 1 %of your capital/trade.
Been there done that.

 

[XRAY27]

Trading simplicity means certainty and clarity

Source :Tradeciety.com

 

[natjay]

Indian PSU banking woes continue -- Bank of Baroda's Q3 NPAs rise 64%, reporting loss of 3342 crores (biggest loss among banking lenders). Looks like a clear shorting opportunity on Monday.

 

[vijkris]

That is the problem, with this capital you are not entitled to buy one lot, if you follow that you won't be risking more than 1 %of your capital/trade.
Been there done that.

vivek Bhai.. :thumb: :clap::clapping:

 

[vivektrader]

Somewhere in this thread only ST sir told that we need a capital of about 1.5lac to trade 1 lot of nifty futures or options where lot size is 75 and stop loss is 20pts.,so it is 1% risk on your capital.