Going With The 60min Flow!!!

[trader111]

Re: Questions from juniors on"Going with 60minute flow"

One can Trade in Nifty Futures in a single lot to start with at much lesser capital!!! One has to forgo the additions!!!! The margine is around 35000/- so with somr buffer to take care of unforseen contigencies, 100000/- may be adequte to trade the 60 min. flow with 1 lot of Nifty Futures!! A bit cumbersome but Mini Nifty may be traded for even lesser capital!!

"can be" , but not really advisable. Scale-ins are the major strength of the System. Unless sufficiently capitalized, a bad month can give a major blow.

For those who are keen on trading equity futures, the risk is more since the stocks may give as much as 10% gap against (commonly called black-swan events, happen seldom).

 

[uasish]

Even if Saint desires,this Thread can not be DELETED ,it can be Stopped but being one of the 'Jewel' Thread of the Forum THIS SIMPLY CAN'T BE DELETED.

 

[Pattel]

Re: Questions from juniors on"Going with 60minute flow"

what happened to Saints "going with 60 min flow" thread. Can't locate it today. deleted?

 

[rkkarnani]

Re: Questions from juniors on"Going with 60minute flow"

"can be" , but not really advisable. Scale-ins are the major strength of the System. Unless sufficiently capitalized, a bad month can give a major blow.

For those who are keen on trading equity futures, the risk is more since the stocks may give as much as 10% gap against (commonly called black-swan events, happen seldom).

Yes, it must be true, for otherwise Saint wouldnt be practising it!!
BUT
It did not seem to have happened in the recent past that a black month giving a Major blow.

For a trial run I am trading 1 lot hence posted per my own expirience!!!

In scale ins , one must predecide how many ADD he is going to make??? and accordingly he must have capital in hand!!! We do not before hand know the number of ADDs situations we may be exposed to!!! In a chart posted by Saint, he had either 4 adds or more in a single run!!

Have not been able to tune my trading rules with ADDs, however though the profits are less without ADDs, but still adequate !!
Thanks
R K Karnani

 

[uasish]

Traderji,

Thanks for putting this thread once again on its place.

Asish

 

[Saint]

Even if Saint desires,this Thread can not be DELETED ,it can be Stopped but being one of the 'Jewel' Thread of the Forum THIS SIMPLY CAN'T BE DELETED.

Ah....Good to have this thread back in action.Pressed the wrong buttons and deleted the thread instead of deleting a particular post ....

Apologies!!

Saint

 

[Saint]

Traderji,

Thanks for putting this thread once again on its place.

Asish

Yep....Thanx Traderji!

Saint

 

[pakatil]

Ah....Good to have this thread back in action.Pressed the wrong buttons and deleted the thread instead of deleting a particular post ....

Apologies!!

Saint

WOW, even Saint can commit mistake albeit a non-trading one !!!
(in a lighter vein pls)

Cheers

 

[Satyen]

WOW, even Saint can commit mistake albeit a non-trading one !!!
(in a lighter vein pls)

Cheers

Thank God i did not know it was deleted otherwise a sleepnees night i would have


Regards
Satya

 

[Saint]

Re: Questions from juniors on"Going with 60minute flow"

"can be" , but not really advisable. Scale-ins are the major strength of the System. Unless sufficiently capitalized, a bad month can give a major blow.

Yes Trader111,that is the strength........the adds and how to go about doing it.There are still some nitty-gritties that should get ironed out though.

But yes,we are basically trend followers......meaning we cut our losses and ride the profits.If we have 5 wins,5 losses in 10 trades using only the initial positions,we might end up on the losing side.On the other hand,if we have 3 wins and 7 losses using the adds,we are clear cut winning.Of course depends on individual scenarios,etc

So,yes,adds is everything,and therefore the trader has to be sufficiently capitalised.

Saint