In Search of a system that need no chart no TA/FA

This type of system In This world


  • Total voters
    77
  • Poll closed .

rangarajan

Well-Known Member
Also, pl suggest how many stocks one needs to track as not all stocks would revolve around previous day atp( some may open far away and stay away all day long). What i mean is, do we track 5-6 stocks on a daily basis so as to get atleast a couple of trades every day ?
Thanks and regards
Track only 4 stocks.More than sufficient for rs1000/day(min:))

I am surprised that no one has posted here that they r following this strategy & making money.

Many times,simple is too good to believe.
 
Track only 4 stocks.More than sufficient for rs1000/day(min:))

I am surprised that no one has posted here that they r following this strategy & making money.

Many times,simple is too good to believe.
You are right, Maybe it is because the human mind likes complicated things.Coming to the market,now that you have suggested to track about four stocks, would you be kind enough to suggest two more stocks as well,in addition to adani and vip. Sorry for being too greedy. he he.
 

rangarajan

Well-Known Member
Thread was made for a system that needs no TA/FA but so far everything coming with chart or other things...............
pt,
I disagree.
The spirit of the Thread is still carried.:)
The system being discussed is original where Chart,Indicators,etc,etc r NOT required.
But to make it more authentic & scientific,dressings have to be done with charts as otherwise the sheen may not be there.

It is like religious discourse where small stories r to be told in between to keep people awake.

The pity is nothing New is added & Saturation seems to have creeped.

But pt,men live on hope & dont get dejected.
Columbus & Newtons do come to enlighten.
 
Thread was made for a system that needs no TA/FA but so far everything coming with chart or other things...............
Pravinbhai, was finally a method which does not require TA/FA and which could be passed on to others ( or next generation ) discovered ? If so has it been tried in real trades ? what is the outcome ? Are you fully happy with it ? If it makes consistant rwturns every month then the search was worth it .

Or still the ideal method still not discovered ? Give us your feedback on it.

Smart_trade
 
Few years ago I attended a free seminar conducted by a person who advertised in the local newspapers that he has a magic Nifty and bank Nifty system.The free seminar was introductory seminar in which he mentioned that this system is developed out of lakhs of formulae done on supercomputer etc....the seminar was attended by roughly 700 people ( it was in a huge auditorium amd they had to put extra chairs and still large number of people were standing to see the " magic".

After the seminar, there was registration for the paid seminar which was on the next day....they were charging some Rs 4500 which included a CD costing Rs 3600. I saw people literally jumping on each other to pay for the seminar. I was a bit skeptical as no such magic exists. But I thought so many people who were jumping on each other will be profitable traders soon.

After 2 years I met a person who attended the seminar and had the CD....I saw the CD. The person was still searching for a good method to trade and he said he is not trading that method given in CD. I saw the CD...it was a simple Excel sheet which had two averages12 SMA and 26 SMA and 9 bars trigger all done in an Excel sheet on daily bars closing basis. It was nothing but a simple MACD done on Excel...so when we get a buy, we buy at next day morning and the stoploss was standard 2 % of the entry price.

The above system makes money consistantly....but still hardly anyone is trading as it needs discipline and a wide stop ( about 100-110 points in NF) . If people have 2 consecutive stops, they will quit the method and look for some new method.

I might still have that system on my old collection of CDs ....may be you can test it on 1-2 years.....but I remember the system well...

Smart_trade
 

rangarajan

Well-Known Member
The above system makes money consistantly....but still hardly anyone is trading as it needs discipline and a wide stop ( about 100-110 points in NF) . If people have 2 consecutive stops, they will quit the method and look for some new method.
Smart_trade
Well said Smart.
I am unable to understand the Traders psychology till today like pt's Tukka strategy.
I had tried to explain to the traders in the Broker office, SG's Quadra,Yr Trading with oscillator(esp over bought/sold strategy,Karthik's ATP.
All,very simple to make money consistently.
But just no one listens nor has the patience or willingness to learn.
They come,have two Teas,Four cigarettes,Five pans/zerda & consistently lose money & at the end of day Blame everything & everybody except themselves.
After one or two years,they disappear & next batch arrives,same tamasha continues.
 

prst

Well-Known Member
Few years ago I attended a free seminar conducted by a person who advertised in the local newspapers that he has a magic Nifty and bank Nifty system.The free seminar was introductory seminar in which he mentioned that this system is developed out of lakhs of formulae done on supercomputer etc....the seminar was attended by roughly 700 people ( it was in a huge auditorium amd they had to put extra chairs and still large number of people were standing to see the " magic".

After the seminar, there was registration for the paid seminar which was on the next day....they were charging some Rs 4500 which included a CD costing Rs 3600. I saw people literally jumping on each other to pay for the seminar. I was a bit skeptical as no such magic exists. But I thought so many people who were jumping on each other will be profitable traders soon.

After 2 years I met a person who attended the seminar and had the CD....I saw the CD. The person was still searching for a good method to trade and he said he is not trading that method given in CD. I saw the CD...it was a simple Excel sheet which had two averages12 SMA and 26 SMA and 9 bars trigger all done in an Excel sheet on daily bars closing basis. It was nothing but a simple MACD done on Excel...so when we get a buy, we buy at next day morning and the stoploss was standard 2 % of the entry price.

The above system makes money consistantly....but still hardly anyone is trading as it needs discipline and a wide stop ( about 100-110 points in NF) . If people have 2 consecutive stops, they will quit the method and look for some new method.

I might still have that system on my old collection of CDs ....may be you can test it on 1-2 years.....but I remember the system well...

Smart_trade
well said ST.

as they say, best things in life are free :)
 

rangarajan

Well-Known Member
My intuition says that pt & Smart's posting today may be the Epilogue of this thread which may be concluded as 'Resolved'

If so,nice & useful thread where i learnt a Very Good strategy from Karthik & thanks to pt for starting this thread & wishing him all the best to pass on his legacy of tukka to his next generation for prosperity.:)
 

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