Hi, I'm Sandip, 35, drilling engineer, living in Calgary for about (no aboot jokes...) 8years after stints India, Nepal, Dubai, Muscat, London chronologically.
First traded about 1.5yrs ago. Made over 400% (no typo there) in the first year....thought I was special. And got back to reality last year. Nice lesson - much needed too. Started with equities and fundamental analysis. Firing mostly from shoulders of paid newsletter writers in the commodity world mostly.
Then as reality bit, had to start doing my own research....started reading up on TA Mar 07. A revelation - couldn't put it down......
Now, strictly TA trader with a much humbler portfolio and an even humbler ego.
Diversifying into options on equities and commodity futures at this point. But very intrigued by the fact the TA seems to respond (at least my TA) very well to Forex (find it very true to trends rather than much more whipsaw in the equity world.)
Currently testing at least 4 systems (some semi mechanical), all based on momentum or swing trading ideas.
Tested AbleSys (not bad, much better on currencies rather than equities especially in today volatile equity markets), INO (interesting idea, not very convincing though), OmniTrader 2008 (almost similar to AbleSys, less black boxy but moving in that direction and allows a person of TA inclination to verify the scans).
Did not like eSignal or Telechart (for equities stockcharts does plenty especially with RealTime and my momentum based approach).
Still waiting for a really simple and efficient scanner (that will stop these opportunities that I keep losing to stop slipping by) and NOT requiring a PhD to learn and configure.
Anything away from the KISS principle is pointless.
Currently share trading ideas with 3 other like minded guys (in Calgary, Houston and Atlanta). Great ideas - hope to change them into winning patterns before I blow all my money.
Thanks for reading.
ok its the other way round.
