I am planning to do offer a tutorial for beginners which will address the following topics
a) Trend following (What is a trend, How do you follow it? Where do you enter?
Where do you exit? Where do you place stops?? When do you worry that the trend is over?)
b) How to trade a breakout (Which chart patterns work/Profit booking Targets/stoploss levels)
c) Buy low, sell high (What is low and what is high?)
d) Wait for a dip/pullback (What is a dip?? What is a pullback??)
e) Buy at support, sell at resistance? (What is support? What is resistance?)
If Anyone is interested
Contact me : niftytradersinc@yahoo.com
Cost: 5000 rs
Time: 5 hours
Venue: 4/28/2007 online using netmeeting/msn messenger.
Payment mode: online bank transfer.
The niftytraders trend following system will be offered as a part of this tutorial.
(500 rs value) http://niftytraders.blogspot.com
Suggested Reading:
Alexander Elder: Trading for a living, Come into my trading room, Entries and exits
Bullkowski: Encyclopedia of Chart patterns
For those who are curious as to what I know about trend following.
Refer to my other site
http://niftytraders.blogspot.com
The site has a free nifty trend following system which uses yahoo data.
I am a software developer/trader.
My speciality is computers+mathematics.
The profitability of the trading system is also mentioned in the niftytraders blog; scroll down in the blog to see the stats.
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