Thursday, November 25, 2010

BSAR Trading System - Simple Implementation

  1. This is the Simple Implementation for most of the people willing to earn extra money using BSAR Trading System
  2. It is good for everyone - Employed, Unemployed, Self- Employed, Shopkeepers, Merchants, Retired, House Wives, Students, Handicapped or Disabled, Farmers, Craftsmen,etc.,
  3. Although one could profit from the BSAR Trading System with a capital as small as Rs 10,000, however for regular Income, one needs to start with Rs 25,000, or start with Rs 10,000 and wait till your capital and profits total Rs. 25,000 for getting a regular income from the system.
  4. There is no need to sit in front of a computer or a terminal or at broker's office
  5. No need for an online trading account - which usually tricks investors into over-trading
  6. There is absolutely no need to purchase any software, data feed etc., you could use a pen (cost=Rs 10) and a pocket diary (cost=Rs 10) and phone your broker for days high, low and close prices (average time = 1 minute everyday, 5 days a week and 22 days a month, a total expenditure of Rs 14 per month). On the other hand some newspapers also publish this data
  7. No need to watch the Support and Resistance Levels, or any Pivot Points, or any other Exponential Moving Averages or Simple Moving Averages (One could do very well even without 50 SMA).
  8. No need to anticipate or fear reversals, volatility, premiums and discounts on derivatives

5 Comments:

  1. Please explain with an eg how to execute a trade using BSAR , as it keeps on changing from UP to DOWN to SW , how we should interpret these signals and trade nifty using it

    is it intra day system , you said in your explanation that "There is no need to sit in front of a computer or a terminal or at broker's office"

    but the BSAR Trend keeps on changing every few hrs then how we should keep track of it

    please explain using an example

    for all three scenarios SW UP DOWN and when NIFTY above BSAR and below BSAR

    thanks for taking so much time and explaining very basic detail of this system

    ReplyDelete
  2. ie what we do in such situations

    UP TREND
    Closing Price is greater than BSAR
    AND
    BSAR is greater than 50 SMA.


    DOWN TREND
    Closing Price is less than BSAR
    AND
    BSAR is less than 50 SMA

    SIDEWAYS

    ReplyDelete
  3. Cool down, Everything, I repeat, Everything would be explained in greater detail than any one has ever done before... Moreover forget about intraday, as that is an advanced topic, keep reading every post thrice at least....

    ReplyDelete
  4. Thanks. Expecting how to trade , point no 4 and 5 for point no 2
    Daily seeing good posts and materials

    ReplyDelete
  5. Hello Sir,

    Can you explain me how we can calculate first BSAR value?. It needs yesterdays BSAR but in the beginning what value we should use?

    THanks,

    ReplyDelete

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