Day Trading Workshop Notes
Day Trading Workshop Notes
Day Trading Workshop Notes
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About Us
PRECI$ION TECHNICAL$ is a Stock Market 1) Training, 2) Consultancy 3) Financial Software. PRECI$ION TECHNICAL$ has emerged as a companion to many investors, equipping them with the right knowledge required to be a winner in the stock market.
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About Us
This Company carries lot of 1) FIRSTs, 2) BESTs 3) DIFFERENTs under its Banner.
One & Only Company which provides LIFE TIME SUPPORT for FREE.
Head Office in Pune & presence in Mumbai, Delhi, Bangalore, Ahmedabad, Hyderabad, Jaipur, Rajkot, Surat, Nagpur, Nasik, Aurangabad, Jalgaon.
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Credential's
Kiran Jadhav
Founder Director of Precision Technicals.
Rich experience from 1992. Regular columnist in SAKAL where the strike rate is 95%. Appearance on leading news channels like NDTV PROFIT, BLOOMBERG UTVi, CNBC AWAAZ. Has been awarded by Mr. Kapil Dev.
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Credential's -
Mandar Jamsandekar
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Credential's -
Ashish Kelkar Rich experience from 2000. Appears on NDTV PROFIT. Regular columnist in LOKMAT. Visiting Faculty to various Management Colleges
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Reasons
Markets are clueless. Directionless movements High volatility Sudden news Wishful thinking Biased predictions Tips
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4 Rs
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Right Knowledge
Types Of Analysis
- Fundamental Analysis - Technical Analysis
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Types Of Charts
Line Charts
Bar Charts
Japanese Candlestick Charts
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Candlestick Charts
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O L
H O
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VOLUMES
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TRENDS
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Up Trend
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Down Trend
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Overview
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Unique Strategy -
PROFISION Pro
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Introduction
Our Objective Making Day Trading Safe. Changing a Speculator to Disciplined Day Trader.
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Data Downloading
Click on Intraday tab Download Intraday Data Data is of NSE Future trades, Nifty & Bank Nifty Options
Software is built to have 3 months historical data for NSE Futures. Data is downloaded every 5 minutes. Take care that data is not missed this may result in wrong signals. In the morning while downloading data if the data is updated till yesterdays close then change the date for today and the time as 9.15 am.
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Data Downloading
For downloading data for more than 1 hour use the Historical Download option. For downloading data throughout the day use the Daily Data Download option. If data stops during the day then you will hear 5 boxing bell sounds with a pop up message. In this case you have to stop and start data again. Data can stop due to various reasons internet, multiple processes run on the machine, machine clock etc.
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Trading Assist
Displays a list of stocks which look good for trading using Pro for that day. This window displays the date and name of the stock.
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PT Trader (Formula)
On the chart you can apply the trading system (Formula) which changes the colours of the candles. Green = Buy Signal Red = Sell Signal Go to Trading System Apply PT Trader Trade as per the colour of 1st (9:20am) candle
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Does not have to keep running your own queries & formula Saves time on study to pick these patterns Get readymade picks for trading Trading at traders ease any time during the day
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Daily steps
1. Open Software. 2. Answer the question on Welcome Screen 3. Click on Intraday tab Download Intraday Data Enter your Max Loss per stock per trade Select Risk Management - Daily Data Download - Change date as per the last download date and time. 4. Click on Start & Minimize the window 5. Click on Trading Assist Ok 6. Open stocks listed in the Trading Assist or stock of your choice by pressing CTRL + I
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Strategies to Trade
You have following strategies to trade
1.
Trading system (Formula) PT Trader Green & Red Candles (Note Trade after 1st candle (9:20am) as per colour)
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3. Option Trading
Open chart which is nearest to spot price Both call & Put Apply formula PT Trader
Strategy 1 Ensure the time period is 5 min Trade on BUY & SELL signals of PT Trader (Formula) This is for short term day trader.
Strategy 2 Make the time period 15 min Trade on BUY & SELL signals of PT Trader (Formula) This is for day trader.
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Strategy 3
Make the time period is 60 min Trade on BUY & SELL signals of PT Trader (Formula) This is for a position trader or a swing trader.
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Discipline
Decide an amount you are ready to loose per trade.
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Advice
With Profision Pro by your side
The 4 Rs Right Knowledge Right Infrastructure Right Money Management Right Discipline
Will be automatically taken care off.
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Support Timings Weekdays = 8.00 am 12.00 midnight Saturday = 9.30 am 6.00 pm Support Number (020) 66 86 86 86 [email protected]
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