Frequently Asked Questions

Most Frequent:

What is Price- Analysis and Why Price- Analysis?

Success lies in simplicity and as far as Financial Market is concern. simplicity lies in PRICE because Price has all the information and the first information. All type of Technical studies (like Dow, Elliot,Gann or Candle)& their indicators like ( Trend lines,Channels,RSI, Fibonacci or pivot levels, Moving Averages,Oscillators, etc, etc). The PRICE is the source of all the indicators and all the theory. The Price - Movement is the primary happening and indicators are secondary part. Instead of learning how Technical Analysis works and how any indicator works which is a very -very vast and too deep subject, it is advisable to put all our efforts in knowing the primary segment itself the movement of the Price. Let us be interested in learning THE SCIENCE OF PRICE-BEHAVIOR

What is the success rate of your students and thus, of the system?

Success has a different meaning for everyone. We believe that trading should be a holistic approach to the markets. Changing one's attitude and transforming psychologically; and developing the ability to think and talk with the market, and not about the market is in itself a big success. We define success as: No more Anxiety, Anger, Fear, Jealousy, Irritation, Resentment, Boredom, Suffering, Unhappiness, orLying to others about your results. Our success rate both financially and emotionally is in the 75% to 85% range. And the satisfaction ratio of what you learn and realize is 100% We attribute this high rate of success to the ongoing continuous education support our participants receive.

So, We shall never make a LOSS-MAKING transaction, if we follow the SHIKSHA WAY, TRUE?

FALSE. Even PERFECT Shiksha way Trades may trigger Stop-Losses, but they are very few, say 2 out of 10, on an average. There is a mind-set and a disciplined approach , which ensures reasonable profits over a period of time, if The Shiksha way is followed ardently , sincerely, religiously. Few of the key factors which may form the part of a detailed Disciplined Behaviour approach are mentioned below : 1. Traded item ( Stock, Index, Commodity etc… ) must remain the same. 2. Exposure – Quantity traded must remain consistent as per Shiksha way .That is regular quantity in a trending trade and 50% of regular quantity in a non trending trade. To know more visit Home. 3. Mental readiness to accept losses as Working Capital or as an Expense for generating Business Gains is required. 4. Consistently Taking all the opportunities ( Ofcourse , The SHIKSHA WAY ) and avoiding “ NOT TO TRADE “ when market is in consolidation phase. These factors are discussed and explained in a convincing way during the Training Programme through various Case Studies and with the help of current and LIVE case studies and also with all the major events and happenings.

If the system works so well, why share it? Why not just consult or trade?

Firstly, all of us do trade. The founder, the instructors and all our participants trade on a regular basis. The time frame and the markets vary, but the approach and conviction remain the same. Secondly about sharing knowledge: traditionally, knowledge has always a shared experience. This is what fostered great leaps in science, technology, philosophy, trade, and politics. The hoarding and use of knowledge for monetary gain is a fairly recent development. We believe that we can create a community of self-reliant and knowledgeable traders and investors. This has and will continue to help our system prosper, and in the long run extend the ideal to other areas of the financial industry.

I've had some terrible experiences in the past with different systems. What is so different about your system?

Our system has been developed in an empirical way and optimized more than a decade. It has even been tested against major events including historical falls like:

  • May-2000 (Ketan Parekh)
  • May 2004(Elections)
  • November-2005(Diwali)
  • December-2006 / February-2007(Budget)
  • January-2008 / May 2009 (Elections)
  • February 2012 / 2013 Budget Event
Including recent August, September 2013 major fall/rise in NIFTY from the High 6229.45 to the Low 5118.85 and subsequently major rise from the Low 5118.85 to the High 6142.50 In all of the above said events, Shiksha system has helped our participants trade successfully, and investors to exit the market in time, and the thing we are most proud of in our system is that our approach that teaches you self-reliance; as opposed to reliance on some software or external information. You may also refer to our homepage, specifically the section ' Why Shiksha ?'

Can I participate in and master the SHIKSHA Training if I am not Acedimicaly highly qualified?

Successful Trading is the result of an EXPERTISE gained through disciplined attitude and consistent practice ( RIYAZ as in music ). It is a form of art. Acedemic Qualification may not be of any relevance. For example a good sculptor may not be a qualified sculptor from any school of art , in fact he would have gained KNOWLEDGE in many other ways ( may require a very long description if explained in detail ). SADHANA is the key word - where the market is the deity ( the ultimate governing force ), sadhak ( the practitioner like me , you etc ) and practice of sadhna with the right attitude and perseverance. In beginning while learning, Willingness to do and accept the mistakes and the consequent losses until you understand the mechanics of the system completely. It is more a process of building MUSCLE MEMORY . This memory resides in our sub – conscious minds and is developed to through practice. In simple words, we learn cycling or swimming etc in our childhood ( or later ) , but these activities, once learnt, we never forget for the life-time, because it gets inscribed into our muscle memory by consistent practice and by overcoming initial fears , initial injuries etc… Similarly successful trading should be learnt in such a way that the trade evolves rather than found but it happens through the RIGHT approach… SHIKSHA Training helps to develop this approach.

What is the average time it takes a student to trade profitably using your system? Are there steps to take or do you just jump-in once you have finished the course?

The average participant starts trading successfully within a month or so. Some go faster than others. It depends upon your commitment and dedication to this approach. If you are an experienced trader, you will most likely be successful almost immediately. If you are totally new to the markets, you may expect to become successful in 2 to 3 months. We suggest you start trading on a single contract basis (or a relatively small number of shares in case of stocks) during the training period, so as to make sure you understand the mechanics of trading. In any case, help is always at hand. You can be assured of individual guidance during the course and our complete support even after the course until you learn course completely.

Is the shiksha way applicable for long term investing?

Our system is applicable across multiple time-frames; and as such the idea of short-term or long-term is irrelevant. Depending on the time-frame chosen, one can calculate and apply the system from 10 minutes to 10 years.


Technical insights and trending:

Does the system take into account and discount various news and events with respect to market price?

The Shiksha way believes that all major events are pre-discounted in the market price. Applying the system to some of the major events in the past decade has consistently demonstrated that the price reflected the events way before any news crowded the general populace; successfully demonstrating that 'price has the first, and all the information'..

What about market trending? Can trends be gauged through the system? Does the system work in uptrend/s and downtrend/s?

Yes. Trends are simply the nature of any market. Knowing the nature of any market is the primary focus of the Shiksha way. Any market spends approximately 1/3 rd of the time trending upwards, &1/3 of the time trending downwards and the rest is range bound in a particular trend either uptrend/downtrend. To know more how market behaves in an uptrend/downtrend please visit our how market behaves.

How can I remain profitable in both up trend and downtrend?

To capture most of the market, the Shiksha way emphasises on capturing the uptrend/s and the downtrends with equal importance. Which brings us to the three words that need to be learnt to remain profitable in any market: FOLD, HOLD and ADD; and in that order. Successful trader first needs to know when not to trade; then, when to give up a loss making trade; and only then, how to hold and add to a trade trending in their favour. There are three rules that help with learning to do this the right way: 1: Cut the losses 2: Cut the losses 3: Cut the losses We believe that one who knows how to take care of their losses, profit will take care of it on its own for themselves.

Is it possible to know the secret moves of 'operators'?

Remember, all the operators execute their plans in front of our eyes. I.e. they execute all their orders in the same market as us. There are no different exchanges for them. It's easy to see then, that all their activities get reflected in the movement of the price itself. We need only learn a technique of price -analysis that lets us understand these moves. It follows naturally then that we would really be able to easily decode all their moves and invest like professionals among professionals.

Can we know both: the entry and exit levels?

Apart from entry and exit levels we emphasize more on knowing re-entry levels.

How to manage the gap up/down market opening?

Our system provides ways to deal with such situations. Often, we are prepared to buy even when the market has opened with a high gap-up, and sometimes we prefer to sell even when the market has opened comparatively only a little higher and vice versa.

How do we overcome the fear of Stop loss?

We prefer to give more importance to Reason to Buy and Reason to Sell Off late, we have realized that more often we missed out the major moves on FEAR of being stopped out and not only that we also commit mistake of booking the profit early with predetermined TARGET levels. Therefore it is preferable to take in to account the Stop Loss Levels only when the trade really becomes unfavorable to Exit, and Hold and Add In to Profitable favorable position with TRAILING STOPS. Because we strongly recommend that "Profit booking is a crime" and of course not booking the losses is a suicide.

How do you deal with multiple time frames?

As a novice technical analyst, It can be a shock to learn that technical analysis fails more than most books on technical analysis would have you believe. But most times technical analysis fails because there are contradictory pattern on two time frames for example, As a technical analyst, It always helps to look at the daily trend within the framework of a weekly trend and an intraday trend within the frame work of daily trend. This filters the patterns and trends that do not find confirmation on the higher time frame. Therefore one should consider filtering signals which are found on one time frame and reject those that are not confirmed.

Do you find yourself out of the Market often when you use this system?

Yes, when a trend starts stalling, We get out there. We know we will always get an entry in the next day or two when the Market is chopping around in a narrow range, the system either does not give signals or at least give very few. But we always know in which trend we are into.


Personal experience and trader psychology:

Can we become completely self-reliant?

Yes. That's exactly our mission: To make sincere participants market-literate, self-reliant and thus financially-independent.

How much of a role does luck play in trading?

In the long run: zero. Absolutely zero. No one winds up making money in this business because they started out lucky. It's not bad luck, but bad thinking which makes people lose money.

There are some traders who have the necessary skills, but don't succeed? Why?

Most traders who fail have large egos and can't admit to their mistakes. Even those who are willing to admit that they are wrong early on, can't or won't admit it later on in their careers. Another reason for this is that some traders keep worrying about losing money. That acts as a psychological barrier and ends up leading to failure.

Is risk management included in your training? Does it vary from person to person or is it standard for every one?

Risk management is part of our course, which is standard for everyone. However, we do consider variables such as account size, trading background and experience, types of markets you are trading in, what your belief systems are and the risk-reward ratio that you will need in order to feel successful and comfortable trading. And based on that, we direct each participant during our course.


The Shiksha way differentiated:

Quite often, financial-advisor recommended support levels get broken in a falling market and resistance levels get crossed in a rising market, making them go wrong. How does your system match up to this?

We track our system with resistance levels along with drifting-sell levels in a downtrend, and support level along with climbing-buy levels in an uptrend. This approach generates and maintains a 80-85% success ratio of our participants and thus the system.
To know more Why Shiksha

Why is that generally after one buys, market is doesn't go up; and post-selling market does not come down?

This is because most traders / investors confuse the 'correction of an uptrend' as a downtrend and the 'pullback of a downtrend' as an uptrend - leading to buying in a downtrend and selling in an uptrend. we need to recognise 2 types of trending buy trade of an uptrend and 2 types of non trending buy trade of a down trend and trade accordingly and vice versa. To know how market behaves in an uptrend and in the downtrend
please visit our home page.


Prerequisites for the Shiksha way:

I have never traded before; will this method work for me?

Yes, it can. Just 15 days of trading experience is more than enough. We have individually trained hundreds of traders over the past 10 years who are now successful, independent traders. Some times it is better to have a clean slate. That way you do not have to unlearn predetermined ideas about markets. Our past participants are diverse professionals ranging from chartered accountants, technical analysts, main-brokers, sub-brokers, portfolio managers to architects, doctors, engineers, house-wives and students.

What do I need to get started trading?

You will need an account with a broker, 4-color pen and a calculator. That is one of the greatest things about trading; you can be in your bedroom and still trade.

How much money do I need get started trading? Is there a minimum account size?

We recommended a minimum of Rs. 50,000/- for the stock market and Rs. 2,00,000/- for a commodity account. Keep in mind that you have about 10 to 1 leverage. The slimmer the account, the longer it will take you to build up your capital.


Course Structure and time commitment:

What is the course schedule?

The Couse Schedule, in brief, is as follows : Session 1 (2 Days ): Mathematical Calculations , their explanation.Explaining Market Psychology and trying to clear Pre-Conceived notions about Market Behaviour and Personal Behaviour to trying and make one Receptive to SHIKSHA Ideology. Session 2 (2 Days): Support/ Resistence – Trading Psychology – Detailed Discussions on How the markets behave Explaining the Identification of TREND – Uptrend , Downtrend, Pull-Back, Correction, Resumption of the Original Trends etc… Session 3 (2 Days): Explaining the Various Indicators and the Theories in detail – their Identification Process and their usage and How to arrive at - Why to Buy or Why to Sell - , Decision and How to avoid giving huge importance to Support or Resistence or to Stop-Loss levels. All of the above are Practised on a 6 month actual Data. Session 4 (3 Days ): Live Trading Exposure for 3 live sessions and decision making practice by synchronizing the knowledge gathered in the previous 3 sessions, clarifying Doubts and trying to alter or inspire to alter the deep rooted Habit-Patterns by giving Step-by-Step Instructions so that the Participant is beaming with Self-Confidence-Strong Conviction and Freedom at the end of the Course.

I have a full time job. Will I be able to trade your system part-time?

Yes, most of our participants are occupied with one or more jobs / businesses. It will not take you longer than 5 to 10 minutes to create a trading plan per scrip. Our goal is to provide our participants the ability and skill to trade fulltime if they so choose.

Is there a certain amount of time I must spend everyday to trade?

No, there is not. It varies from day to day depending on the number of positions you are in, or the number of markets you analyze each day. It really should not take more than 5 minutes to prepare a trading plan.

Is your system computerized or manual?

Our system is not based on graphical analysis. It is based on statistical methods (i.e., price-analysis), derived from graphical methods. So, in that sense it is manual. It can be computerized at a later stage once you have enough practice and are well versed with the system. (Please note: The Shiksha system is patented and any software or other application should be developed for personal use only. You may not resell this application in any form.)

Can SHIKSHA be used as a Programmed Trading Technique?

NO. There is a lot of Subjective Human Judgment required even though it is Mathematical Tool, which is made amply clear during the training sessions and even beyond. Our Mathematical Tool can be programmed but The JUDGEMENTS which are arrived at, with the help of the said Mathematical Tools, can not be Programmed, we feel. We believe, Trading is a Skill, an ART. A lot has to be said about the RIGHT Attitude, Timing of the Trade , Importance of the effects of various theories coming into effect in different Time-Frames and their inter-dependence, sequence of events and the impact of different sequences in different situations etc etc etc… This idea is explained in Great detail during the Training Programme and the Participants are made aware of the RIGHT Attitude and even helped to develop one.

Do I have to keep changing/working-out a trading-plan during market hours?

Absolutely not,we need not carry out any changes or work out any fresh trading plan during market hours.In fact,90% of all the preparation and planning is done much more in advance. We always know in which Trend the market is into and we also know "what to do" i.e to Buy or to Sell much before the market opens. We track the market only to know "when to Buy and when to sell".

Do I have to go to the terminal or watch the screen all the day to trade?

Absolutely not. But if you are spending your time sitting in front of a terminal, then you are doing it wrong. You should have your stops in place and let the market do what it is supposed to do.