journey of a trader

[oilman5]

OTHER NEWS
...................
MUMBAI FLOOD..MARKETNOT FALLING...I BUY..
TRAIN BLAST...NO PANIC FALL..., AGAIN I BUY

MARKET TELLING ME NOT TO FALL..I SELL HALF...
HEY,,50% pofit booking i feel..ok..less risk..

 

[oilman5]

technical signal
,,,,,,,,,,,,,,,,,,,,,

hi....u like it...
ma.x....8/50...good
3ma.x...3x13x39..
3ma x...5x11x27...yes i play it..
a casestudy of.. stephen pierce...tactical trend...
high..green ...50 ema
low red 50 ema..
it is the BAND....
X WITH 20 EMA..INTERMEDIATE..MAIN ENTRY..
X WITH 7 EMA... TRIGGER SIGNAL...
FOR STOPLOSS SAR..IS BETTER...
[ hi i use..i am a member..hope i not violate any law]

swing trade... 3 day pull back now woking..
though i prefer 6-7daypullback with fibonacci..
some judgement is necessary..
dont do mechanically..

position trade ..ONLY BREAK OUT FROM BASE...+ VOLUME...
ENTRY..ABOVE 8% OF BASE..MEDIAN LINE..
STOP LOSS ..LOW OF BASE...

VOLATILITY PLAY...I DONT KNOW ,sorry

 

[oilman5]

some more thought
........................
mark crisp..swing plug in ..very cheap
backtested...but actual market.. not clicked in india...

ECONOMICTIMES..HIGH VOLUME..LIST..
FOR DAY TRADE ONLY..PLAY AGRESSIVELY IN MARKET ..1/2% PROFIT..
ONLY SUITABLE FOR DEALER..
FOR RM ONLY...AFTER RESULT OUT..PLAY IN DIRCTION OF PRICE,,
PROVIDED NEW ORDERS [VOLUME]..R COMING..
YOU PLAY MARKET..ITS AMOMENTUM PLAY..
XXX NOT SUITABLE FOR AMATEUR...

 

[oilman5]

CAN I BE AN INVESTOR
................................
ONLY INSIDENT...I TELL..AKSHARDHAM BLAST...ITS JUST AFTER BUDGET...
I SEE VOLATILITY...I WAS @MADRAS..CHESS TOURNAMENT..
... I RETURN HOME...[GUJARAT]...1 WEEK STUDY PANICK...
MY REPORT...LAST 6MONTH..TOUR..MUMBAI..SOME PEOPLE INTEREST ONLY..GUJARAT..30-40% STILL PLAY STOCK..NO OLD CRAZY..
CALCUTTA..LEAST BOTHER..
DELHI STOCK EXCHANGE..BROKING SHOP THOUGHT ..NO FUTURE..
DEHRADOON..AM I MAD??I ASK STOCK..
I ASK A SHOP OWNER..[ SUBBROKER..HE USING HALF SHOP FOR ..XEROX...]..'NO HOPE'..
I TALK MY SENIOR..HE SAID ITS BEST TIME..contrarian..
no more..people listen his tips...
haha...yes....i bought 10lak..holding L&T..RELIANCE..SATYAM..
SBI..NATH SEED..PENTA..POLARIS...MODERN DARLING
ANSAL PROPERTY..BILT..CENTURY..
GAIL ..


ANSAL I SOLD @45...
JAIPRAKASH...70
L&T...........360
GAIL 110
NATH SEED..MOREPON I SOLD AT LOSS
RELIANCE 425
CENTURY TEXT 92..
ONGC 350
ARVIND 44...


YES I DOUBLED..ANY OF YOU COULD MADE 10 TIMES....
by the way i buy...simple reason...
if so less interest in india...when money...comes..
market...must move up...
this time i am not lucky...my conviction ...
yes a fellow traveller knows better..
though he dont know RULES OF GAME....
..........................................

 

[oilman5]

ANOTHER REMINISCENSE
.....................................
JULY2005..I GOT A CALL TO PLAY...
I REACH DERHADOON.. I REACHED11PM..
GOT A PARTNER....
LUCKY A FORCED BACHELOR...
WE PLAY DIFFER IN EVERY RESPECT...
BUT HE ACCOMODATE ME..HE WANTS WIN...
THATS THE EASIEST THING ..I PLAY BRIDGE...
A KNOWN CARD ADDICT...
IN COLLEGE JOKES IN DEATH BED I PLAY CARD..
EVEN AFTER SEVERE BRAIN PROBLEM . I DONT COUNT CARD..
I SIMPLY PLAY TO WIN..WE SELECT...
NEXT A TOURNAMENT...IN UP...
AGAIN WE WON AN EVENT...
IN ANOTHER EVENT...I CUT ..NO COMMENTS...
SOME GOOD PLAYERS COMMENTED..I HAVE TALENT...
i say NO...i learn it in 1970..stay with it astime passes..
played state.. selection in 1984..[ofcourse lost..but no tournament fear..]...so a 30 yr veteren not make silly mistake..

this gave me joy..in critical moment.. subconscously i playwell
it is the tuning..around 20 trophy in bridge career...

i feel the void again in mind again...in january'06..i dare..
to sit in an i q. test.....yes no more..intelligent...135 .ok...

 

[oilman5]

what it tells
.........................

1] experience counts..
2] have patience...
3] in effort if no gap exists..[strong base]......success must come back..
4]u have some +pt..use killing instinct...
5]no ifs & but in competition..
transfer one field success to another..

 

[oilman5]

some good reference
...............................
indian industrial growth..2002-12
finacial relation..bond &market..
business-standard enews letter..
capitalideasonline.com.
any fund manager talk show..
read.. their view not their prediction on MARKET..
I TELL YOU ...I DONT ... THEIR ACCURACY LEVEL OF HARDLY 30%
LESS THAN HEAD /TAIL TOSS
YES I MEET THEM PERSONALLY...AROUND 6 OF THEM..
VERY SMALL SAMPLE..BUT CONCLUSIVE[atleast for me]

 

[oilman5]

for making money
............................
know who u r...
how much time u can spend on u..
can u learn to write to u...practice...

your short term plan your long view...they mustnot foul...
[here i see many failure]..

any pro who can help..search him/her..
or believe single solo journey like this fool

give money to mutual fund/ if big amount give pms..
if finance line/ a half pro..
follow journey path..

wish u all the best
oilman5

 

[Siju Thomas]

for making money
............................
know who u r...
how much time u can spend on u..
can u learn to write to u...practice...

your short term plan your long view...they mustnot foul...
[here i see many failure]..

any pro who can help..search him/her..
or believe single solo journey like this fool

give money to mutual fund/ if big amount give pms..
if finance line/ a half pro..
follow journey path..

wish u all the best
oilman5

a very nice journey

 

[CreditViolet]

for making money
............................
know who u r...
how much time u can spend on u..
can u learn to write to u...practice...

your short term plan your long view...they mustnot foul...
[here i see many failure]..

any pro who can help..search him/her..
or believe single solo journey like this fool

give money to mutual fund/ if big amount give pms..
if finance line/ a half pro..
follow journey path..

wish u all the best
oilman5

Good Stuff oilman
There is truth in the part when you said its a solo journey. That is very true...hard to find a decent trader amidst all the nonsense to talk to.

Good Stuff
CV