iCharts Discussions

vinodgogia · White Belt Joined: 28 Sep 2010 Posts: 20

I have read the strategy in Demand and supply that when ever you see buyers are more that is bid quantity is more just buy because demand is higher. Practicaly in watch list seen more than 20 stocks i found only one share where buyers were higher and initiated my trade that is in BHEL bought at 250.4 and it was almost High(250.70). and thereafter i have end the day with loss of about Rs.3/share. and the others 19 shares almost earned more than 2%. It means the strategy is completely flop.

amitagg · Black Belt Joined: 01 Oct 2013 Posts: 4559

svkum · White Belt Joined: 14 Feb 2007 Posts: 321

online trading acedemy conducts training for this
demand supply trading strategy
it takes around 25-30 sessions for 2 hrs each
costs approx 30k

its not that simple as you have made out .

there are various parameters chart patterns to asses mismatch of demand supply situations .

vinodgogia · White Belt Joined: 28 Sep 2010 Posts: 20

When we are talking about anyu strategy means purely following certain rules. It does not need to cross check other parameters are charts. when strategy says demand and supply. where is the point to check other parameters whether oversold/overbought etc.
when we are talking about EMA crossover 5-200 days in 30min.charts you just see the crossover and take decision no matter what other parameters are.
That is the strategy.