iCharts Discussions

[ProTrader]

Dear Pradeep,

No one is forcing you to share your secret formula of 15 years. Please do not ask for emails from other members. It will be treated as solicitation and we will be forced to disable your access. This forum is for sharing information not personal information, if you can sure (i think u did share some).

Let's preserve the integrity.

Thanks for your understanding.

Protrader

[pradeepgolfer]

I cannot attach the book street smarts perhaps because of the size.The size is 3.97 MB.Can you tell me if the size is too big to attach?

I only want to send the book to those who want it.The book will cost an amount and will be difficult to obtain.I do not want anything in return.There is nothing sinister in my attachments or postings.I do not use those techniques; maybe others will find them useful.

I have only replied to hbanerji who had requested something-he wanted me to post my trading stategy in this forum.

I apologise for breaking your forum rules-not knowing them is no excuse.
But I do suggest you change that rule if contact is for information only and not for marketing.I am sure if this forum is used for marketing other members would reject the approach.
I feel if somebody wants to divulge their personal details to others it should be allowed.Please consider this-I am not forcing you.

[ProTrader]

May be you can zip it and attach or put the link from where you donwload it.

There have been many incidences where the information has been used unappropriately by people positng and reading and we have been blamed for the same.

Sorry. But we won't allow posting of personal information here.

Thanks for your understanding again.

-ProTrader

[pradeepgolfer]

Your welcome

[pradeepgolfer]

Dear hbanerji

You know well that investing is buying a company which will increase in total value as it conducts it's business profitably and grows over time.
The stock quotes on the ticker have nothing to do with enterprise value but depend on the supply and demand of the security concerned.The big players in the market control the supply and demand and hence the price since they have access to stocks and large capital.In the short term it is this supply and demand which will determine prices.


Technical analysis seeks to determine this supply and demand.But anything known by a large number of people becomes useless and much of technical analysis is precisely that-useless.You need to know something others don't-that is why a cardiologist is paid his fee because he knows more than other doctors.

A fee is recieved because some service is rendered or some value is added or you have more knowledge than others.
...Why should the market pay you money? UNLESS YOU CAN ANSWER THIS QUESTION you can never succeed in the pressure cooker atmosphere of trading.

[knrajan31]

dear pradeep,
i am intersted in streetsmarts book can you pl zip the file and send it to my mail id xxxxxxxxx
thanks and wish you happy new year

g.k.nagaraj.

[hbanerji]

hi pradeepgolfer,

you've hit upon the million dollar question: with the crocs and sharks and cardiologists out there, where does the average investor stand a chance? i remember reading ST's post on swing trades and thinking to myself, it isn't so much why the mkt will give me, more, it's a question of how i can extract my advantage. from what little i have learnt, and therefore, it's the way that i see it... it's more of when and how, as in the timing and trading strategies, than "why"...

but as i write this to you, i also know after reading you, that my opinion is coloured by my inexperience as yours has been tempered over time.

if you say that "why" is all-important, then please also show us the "how".

all the same, thanks for reminding me how insignificant a speck i am in a sea of crocs, sharks and cardios.

best regs

[pradeepgolfer]

My intention is not to discourage you-I gain nothing by doing that.

In the words of Robert Prechter :
“Well, my advice to the average investor is stop being an average investor. You cannot survive as an average investor. The pros will beat the pants off of you, and the markets will too, because what seems logical is exactly what will not happen. That is one of the first keys to understanding how not to lose money in markets. So step one is: stop being the average guy or gal. Get a foundation. And the only way to do that is to start reading.”

In any field KNOWLEDGE IS POWER. Unfortunately getting knowledge is not free except on the net.
I suggest you try to take online training from Linda Raschke or Joe Ross.
This is not cheap.Basic technical analysis you can learn from any course in India-all are equally good.

Or if you do not want to spend that amount then you have to spend a lot of time reading.When I started reading, even that was expensive since internet was not freely available.In 1996 I bought my first book and no one had heard of technical analysis. In 15 years I have spent almost one lakh on books.Now all that info-and more- is on the net for FREE-you only have to search for it on the net.

I wanted to encourage you to start reading and practicing perhaps through paper trading so you can understand what markets are capable of doing without risking emotional damage or real money.Paper trading may seem boring but you have to get used to that:good trading is boring.

I cannot show you how in this forum anymore than Sachin Tendulkar can show you how here.You have to experiment and research-that cost me a lot of money.That is why I advice you to paper trade.

[serenshri]

Dear Pradeep

Tnak you for your advice can you send the Zip copy of book to my email to xxxxxx

Regards

Sridhar

[mbn]

Thank you pradeepgolfer for sharing .
Best Regards,
mbn

[cpsinghvi]

please send me full details what you read.i would like to earn but i am unable to. I have been in the business since Harshar Mehta Period. I have lost lot of money. Please send reply to xxxxxxxxx.