A Group of serious trades in stock and commoditties using technical analysis can join together to get our ideas & knowlege shared. Through which we can get best trading calls, to trade in stocks futures or commoditties.
I trade using the techniques of Dr. Alexander Elder's Triple Screen trading system. I have been trading since 1992 in the Indian Stock markets. Entered US futures markets in 2005.
As all amatuers I too have given my share of precious capital to the markets to learn the 'Art & Science' of trading.
Until I was suggested by a friend to read some books on trading, I was a big looser. I used various methods for each trade. There was no consistency in either my system or performance. I came to know that more than the system, discipline & psychology plays a major role to be a success in trading.
Still I am in the learning curve. Now I use patterns on charts to trade. I do not trade all the signals. I am not interested in getting every tick in my favour. Play my patterns with perfection, get what is given by my system & go for the next trade.
I created this blog to form a close group of traders using techinicals, share our work between ourselves. Learn from each persons mistakes & expertise.
To start with we shall go with trading one pick every week. I will post my calls here with the chart patterns & my comments on it. If you wish to trade it, you can. I will also post the returns I generate trading my calls.
I use position sizing to manage capital efficiently. Using the 2% & 6% rule.
As I am new to this type of blogging works, I have yet to improve on my abilities. I will add more to my knowledge & give my best to my fellow traders.
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