Priyanvada's chit chat home ...

[priyanvada]

I have heard many words yar

TA, DMA. amibroker and many other charts which people use.. i dont know what all.. hw people come to know resistence and support

We need to be as much specific as we can upon what we want to know... Two specific points I got in your words ... I will talk on those only with what i know, so it will look something constructive ... if you don;t mind!

TA, DMA. amibroker and many other charts which people use.. i dont know what all..

... So do I ... So what should we do further?

hw people come to know resistence and support

...Price History!

 

[rajeshn2007]

a small contribution from TMA
http://web.streetauthority.com/terms/glossary.asp

Hi PT sir,
I think raj001 is not asking the meaning of support and resistance. He is asking how many people "know" support and resistance.

 

[raj001]

a small contribution from TMA
http://web.streetauthority.com/terms/glossary.asp

thanks bhai i know d meaning.. but problem is how, where, which system used.. but dear also know that these technicals also fail.. tukka also fails.. so whts d difference

 

[priyanvada]

a small contribution from TMA
http://web.streetauthority.com/terms/glossary.asp

I am not sure that Mr. Raj will happily & eagerly read each and everything in the Glossary ... Very likely He is like me! ... The more thirsty you get, the more deep you dig the well!

 

[rajeshn2007]

thanks bhai i know d meaning.. but problem is how, where, which system used.. but dear also know that these technicals also fail.. tukka also fails.. so whts d difference

I am not sure that Mr. Raj will happily & eagerly read each and everything in the Glossary ... Very likely He is like me! ... The more thirsty you get, the more deep you dig the well!

you got it wrong. mr.raj001 has no conviction about technicals !

 

[raj001]

I am not sure that Mr. Raj will happily & eagerly read each and everything in the Glossary ... Very likely He is like me! ... The more thirsty you get, the more deep you dig the well!

Nahi yar


These people who come on tv with technical/analysis, most of the time go wrong.. Just as tukkas.. it seems they play technical tukkas.. ha ha

 

[praveen taneja]

thanks bhai i know d meaning.. but problem is how, where, which system used.. but dear also know that these technicals also fail.. tukka also fails.. so whts d difference

you got it wrong. mr.raj001 has no conviction about technicals !

It is not problem of u alone its of all members of TMA:clap::clap::clap::clap:

 

[praveen taneja]

Nahi yar


These people who come on tv with technical/analysis, most of the time go wrong.. Just as tukkas.. it seems they play technical tukkas.. ha ha

One member is Ashwini Gujral of TMA:clap::clap::rofl:

 

[priyanvada]

thanks bhai i know d meaning.. but problem is how, where, which system used.. but dear also know that these technicals also fail.. tukka also fails.. so whts d difference

but dear also know that these technicals also fail..

... Rajsaab failure needs to be understood ... It has got two things one we know and one we know but we ignore ...

1. Accuracy
2. Risk to reward

1. Accuracy: - --- This is simple and quite obvious to understand ... If you make 100 entries how much make you profit .... that is your accuracy!

2. Risk to reward Ratio : - --- This is very very important thing and very very simple to understand but sadly always ignored from peoples like us ...

So it is the combination of both that is going to decide you if you will be a winner in the end or not ..

Case 1 : - If you have got 70% accuracy but 3:1 risk to reward you will probably end loser ... So tell me what failed here?

Case 2 : - If you have got 30% accuracy but 1:10 risk to reward you will probably end winner ... So tell me what won here?

.... Saying technicals fail is a general statement ... You should mention all specifics ...
1. Failure in accuracy
2. Success in accuracy but still failure in profit making (because of risk to reward)
3. Success in accuracy and Success in Risk to reward but still Failure in protecting capital?

What failure from technical you want to talk here about??

 

[raj001]

... Rajsaab failure needs to be understood ... It has got two things one we know and one we know but we ignore ...

1. Accuracy
2. Risk to reward

1. Accuracy: - --- This is simple and quite obvious to understand ... If you make 100 entries how much make you profit .... that is your accuracy!

2. Risk to reward Ratio : - --- This is very very important thing and very very simple to understand but sadly always ignored from peoples like us ...

So it is the combination of both that is going to decide you if you will be a winner in the end or not ..

Case 1 : - If you have got 70% accuracy but 3:1 risk to reward you will probably end loser ... So tell me what failed here?

Case 2 : - If you have got 30% accuracy but 1:10 risk to reward you will probably end winner ... So tell me what won here?

.... Saying technicals fail is a general statement ... You should mention all specifics ...
1. Failure in accuracy
2. Success in accuracy but still failure in profit making (because of risk to reward)
3. Success in accuracy and Success in Risk to reward but still Failure in protecting capital?

What failure from technical you want to talk here about??

Angry kya?

Are I just want to say one simple thing yar


technicals also fail as tukkas, we r in mkt to earn money, which ultimately gives satisfaction..... whether its tuka or technical, should give profit ..


Both of them give profit

Both of them give loss


So tukka = technical
and technical = tukka

lhs=rhs

hence proved..

learned in childhood maths