Intraday stock trading book

Intraday stock trading book

Posted: prit7 Date: 18.06.2017

Gann's method of geometric proportion is one of the best method for intraday trading. Gann was not a stock trader but after many years of experiment in stock market i found this method is one of the most successful method for day traders.

Gann's Method is devised into two parts.

In technical analysis we often use averages,drawing tools like trend lines,various oscillators and indicators to derive the future price projection which may be translated in the general terms resistances,supports,targets,stop loss. However in gann method we use harmonic rhythms. If you will notice my words carefully I have not used any drawing tools or any statistical values for deriving this resistance or support.

This is the wonderful discovery done by W. He is the man who fond that in this universe every number is associated with other numbers with some degree relationship. This conclusion he has derived after arranging the natural numbers in geometrical spiral of square, triangle, hexagon.

At last i will say, we all will agree that the price of a stock or commodity or any financial instrument irrespective of the currency it is trading in, is a number only.

Though many different approach and methods I have describe on my book on Gann Method but one of the simplest method is projection the price from static degree proportions. In this method we will follow the following procedure and assumption. Do remember we will use this method for making swing trade.

intraday stock trading book

That means we will close our buy position at the sell entry point and initiate fresh short at that point. Some time we will come across with the situation where in the buy entry and sell entry will be placed very close to each other even equal to each other. This is called congestion band. If congestion band present in my experiment then I will make entry on the 1st target points.

Say I have identified day high and low of State Bank of India SBI as and at a particular time and currently SBI is trading at Now I will conclude my experiment with following out come my buy forex dealer in mumbai is In this case the sell entry is higher than the buy entry price and the current price also below my buy entry price.

Intraday stock trading book such a situation exists then I will place my buy entry stop loss If the stop loss triggered for me after a failed attempt of buy entry then I will close the buy trade at SMART FINANCE STOCK MARKET MADE EASY. Must Read Article a. How to use 1SD level to form option strategy? How to do intraday and positional trade using 1SD formula? Covered call option strategy using 1SD formula d.

Multiple bull or bear spread using 1SD e. How to profit from the cross calendar option intraday stock trading book How to make profit in straddle option strategy? Intraday GAV Technique h. Day Trading Made Easy i. Wise Stock Investment Tricks j. Currency Trading Techniques l. Commodity Trading Techniques m. Understand the Economy Day Trading Made Easy a. Day trade using gann method b. Day trade using fibonacci method c.

Day trade using elliot wave d. Day trade using technical e. Introduction to decoupling method Must Read a. My experiment on gann method b. My experiment on fibonacci method c.

When to do day trade? Why to use our intraday calculator? Best Plan to win intraday trade?

Free Intraday Trading Tips & Strategies - Angel Broking

Intraday Trade Using Gann Method Introduction: Forecasting the price and time using the natural numbersgeometrical angles and specific geometrical figures. Forecasting the price and time based on astrological angles,formations and geometrical figures. How it is different from the technical analysis? You must ask me, Why such assumption? How one can do intraday trade using gann method? We will assume the degree as number 1. We will derive the resistances from the low and supports from the high in every 15 degree interval.

In the price cross over of 30 degree in resistance side we will buy the stock and vice-verse.

FREE Stock, Commodity & Forex markets intraday trading tips | Moneymunch

Assuming degree as 1 the 15 degree will be 0. In SBI case it will be Supports will two square of square root of HIGH What will be my swing trading decision in this case?

intraday stock trading book

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