I am not an expert.
I am just a hobbyist.
And I am here to learn and share.



My mantra:



You don't need to be 100 % percent right!


You just need to be more than 50% Right to make a profit!




You cannot time the market, and you don't have a enter at 1 and exit at 10. 1 being Bottom and 10 being peak.


Try to enter at 3-4 and exit at 7-8.


Don't think of making 100% profit





Technicals are usually more right than wrong.







I believe in Technical Charts, because most of the Movers and Shakers (all of them) follow it, and when they think a point triggers a Buy Call, all of them buys and the stock goes up and the reverse is also true.





It is not that Technicals are always correct, but because Many People Think Technicals are correct. When so many thinks that a stock will climb from one point onwards, it should climb, more than 50% times.




Only remember that there are also many people out there who don't believe in technicals as well, otherwise there would be only buyers or sellers at any given point of time :)




For trading purpose, I also read momentary trends of Increase or decrease in Total Buy and Sell quantity of a stock. Not the exact quantity but the rate at which the quantities increase or decrease.