day trading workshop notes

7/31/2019 Day Trading Workshop Notes

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1www.precisiontechnicals.com

28.60412


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Day Trading Workshop www.precisiontechnicals.com

About Us

This Company carries lot of -

1) FIRSTs,2) BESTs

3) DIFFERENTs

under its Banner.

One & Only Company which providesLIFE 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 thestrike rate is 95%.

Appearance on leading news channels likeNDTV PROFIT, BLOOMBERG UTVi, CNBC

AWAAZ.

Has been awarded by Mr. Kapil Dev.


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Credential's -

Mandar Jamsandekar

Founder Director & CEO of Precision Technicals.


Mastermind behind all the products in Precisions basket


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Credential's -

Ashish Kelkar


Appears on NDTV PROFIT.

Regular columnist in LOKMAT.

Visiting Faculty to variousManagement Colleges


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Day Trading Workshop 7www.precisiontechnicals.com


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Markets are clueless.

Directionless movements

High volatilitySudden news

Wishful thinking

Biased predictions

Tips

Day Trading Workshop www.precisiontechnicals.com 8


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Right Knowledge

Right Infrastructure

Right Money Management

Right Discipline



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10

- Fundamental Analysis

- Technical Analysis



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11

Types Of Charts

Line Charts

Bar Charts

Japanese Candlestick Charts



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Candlestick Charts



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Whites = Buying / Blacks = Selling

O

O

H

H

L

L

C

C



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14

VOLUMES



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TRENDS



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Market is comprised of 3 Trends

Up Trend



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Down Trend



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Sideways Trend write down 2 points



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Concepts Of Stop Loss & Trailing Them



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Overview

Risk Management Tool.

Minimize Risks & Maximize Profits.



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21

Recall the TIGER Strategy



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Trading is a Low Risk Business with our Strategies.

Our Objective

Making Day Trading Safe.

Changing a Speculator to Disciplined Day Trader.


Introduction


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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 forNSE Futures.

Data is downloaded every 5 minutes.

Take care that data is not missed this may result inwrong signals.

In the morning while downloading data if the data isupdated till yesterdays close then change the date for

today and the time as 9.15 am.


Data Downloading


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For downloading data for more than 1 hour use theHistorical 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 boxingbell 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, multipleprocesses run on the machine, machine clock etc.


Data Downloading


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Displays a list of stocks which look good for trading usingPro for that day.

This window displays the date and name of the stock.

Select the name of the stock and click on Open.


Trading Assist


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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 SystemApply PT Trader

Trade as per the colour of 1st (9:20am) candle


PT Trader (Formula)


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Intraday Action Viewer

Get an Analyst to work at no extra cost

Trading between 9:20am to 3:30pm

The Action viewer window is to be kept open

When the comment is posted, it is automaticallydisplayed in this window

A loud sound Intraday Action can also be heard with this

comment

This window displays the action happening in the stocksthroughout the day


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Intraday Action Viewer - Comments

Breakout above Intraday Resistance Buy Signal

Up Flag Formation Buy Signal

Inverted Head & Shoulder - Buy Signal

Breakout above Resistance Trend line Buy Signal

Breakout below Intraday Support Sell Signal

Down Flag Formation Sell Signal

Head & Shoulder Sell Signal

Breakout below Support Trend line Sell Signal

Note Do not use Trading system colours while trading using

Intraday Action Viewer


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Intraday Action Viewer - Advantages

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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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 RiskManagement - Daily Data Download - Change date asper the last download date and time.

4. Click on Start & Minimize the window

5. Click on Trading Assist Ok6. Open stocks listed in the Trading Assist or stock of your

choice by pressing CTRL + I


Daily steps


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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)

2. Intraday action Viewer

(Note Do not use PT Trader while trading usingIntraday Action Viewer)


Strategies to Trade


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3. Option TradingOpen 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


This is for day trader.



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Strategy 3

Make the time period is 60 min


This is for a position trader or a swing trader.



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Decide an amount you are ready to loose per trade.

Keep this amount constant for 6 months.

Follow money management via the Automatic quantitycalculator is case of Cash market trades.

Follow equal lot sizes in case of Options trading.


Discipline


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With Profision Pro by your side

The 4 Rs

Right Knowledge

Right Infrastructure

Right Money Management

Right Discipline

Will be automatically taken care off.


Advice


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For Any Help You Can

Call Technical Experts

From 9.30 am to 6.00 pm

Support Number (020) 66 86 86 86

WISH YOU ALL THE BEST!

http://www.precisiontechnicals.com/


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WE ARE ALWAYS BY YOUR SIDEIN YOUR VENTURE IN THE STOCK MARKETS

Support Timings

Weekdays = 8.00 am 12.00 midnightSaturday = 9.30 am 6.00 pm

Support Number (020) 66 86 86 [email protected]

D T di W k h 38i i t h i l
mailto:[email protected]://www.precisiontechnicals.com/mailto:[email protected]

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