Going With The 60min Flow!!!

[rbharose]

The problem will be ...The more it becomes popular and the more ppl trade using this method, it is more likely to fail in future. I am not criticizing. I respect saint and all of the ppl participating in this thread.

 

[Czar]

This is a modified method of the much famous swing trading used world wide, with the tweaks & modifications its difficult to intentionally stoploss this method due to the margin clause, which can be adapted as per need be basis... thus chances are slim of that ever happening, also it may trigger false in maybe index but there are hundreds of stocks to catch & no one will ever have the artillery to cause large scale failure of this method...

 

[AmritaBasu]

no one answered my post. Is it so difficult to help someone get started with something they are trying to understand which you have such a good grip of?

 

[tanewbie]

hi RK Sir,

tatacomm is erstwhile vsnl btw i want to be an analyst like u guys. tell me what do i need as resources and where from do i begin

Hi

Start with Saint's " teach a man to fish....." thread as the first step.
U will need a s.w like metastock or amibroker. If u get hold of amibroker,I can provide u the data.

Also go throgh this thread from beginning.

All the best!

 

[Smart_trade]

hi RK Sir,

tatacomm is erstwhile vsnl btw i want to be an analyst like u guys. tell me what do i need as resources and where from do i begin

Ok let me try to answer your question Amrita, Resources required will be good knowledge of technical analysis,a computer,broadband connection,real time data source,charting software like Metastock,Amibroker,Tradestation etc ,Read some books such as Murphy,Larry Williams,Thomas DeMark,Alexander Elders,Martin Pring etc and you are off to the flying start !!!

Start with Saint's thread Teach a man to fish... thread,it will give you good basics of TA,moneymanagement etc.Then come to Saint"s Going with 60 min flow method.Also look around and gather as much knowledge as possible,read threads and posts by Kartik Marar,Uasish,Amitbe,Saint,Czar,Satya Pinku, Mitasatyajit,RK Karnani and many others which are gems of this forum.

Being a good trader is definately more profitable than merely being a good technical analyst. So later on concentrate on being a good trader.

Best wishes for your journey, Start with the first step.

One request,please post such questions in the beginners threads .

Smart_trade

 

[musicjunkie]

Being a good trader is definately more profitable than merely being a good technical analyst. So later on concentrate on being a good trader.

Smart_trade

Took me a long time to understand that Buddy.....

BTW you owe me a few charts of ur daytrades
Great post! as always...

MJ-

 

[Smart_trade]

Best method to run "Reputation Meter" fast .....

LOL

He probably wants to collect reputation points to enable him to start a thread under Advanced section.All the best M4UH,look forward to your thread in Advanced section !!!

Smart_trade

 

[Saint]

Dear Saint,

I had never read ur threads meticulously earlier. So have no idea about ur trading strategies. Now after reading this thread, am watching the similarities with my very own or even it is similar to the throusands of successful traders (as a moderator u can check my deleted posts where swing trading calls were given, except those were given based upon chart patterns).

In my small trading life I have hardy used any indicators/oscillators to trade. Thus there is no question of any filtering system or any automated formula etc. The same thing I had told in this forum earlier. But every time I was critisised by some members. I still remember some of the comments " go and teach these kindergarden stuff to the kids" etc.

The critism helped me a lot to concentrate on my own trading rather than giving calls in the forums and getting applauds. Today I have totally stopped giving calls to others. What is the benefit of doing this.....only I know.

The purpose of this posting is to express my pleasure, that u have made it possible to make others in believing that successful trading is not impossible without a complicated or formula based system instead of using a basic concepts of pivots.

All the very best to u.

regards
dev mookerji

Thank you Dev......Welcome back.Let bygones be bygones........and looking forward to some good posts from you in the future.

And remember Dev an important thing:Nobody likes anyone who says,"Hey,Nifty is at 4300....just watch,it's going to go to 4325 ......"and then,"See,I told you so......"

The game in this thread is for much bigger gains,but more importantly,it is to have a Plan and adhere to it.And at the end of the day,we might post,"........made 600pts."But there will be no,"I told you so."or "We are the best"........There is a Plan,a strategy and executing that strategy.And when it is done to Perfection,we pat ourselves once and look to put in our next trade.

Please take the above as an advice from my end...........we are traders,and we in this thread are dependant on the Flow of the Market to give us our gains.Let us never become haughty and vain,drunk with our success , ............. for the Market and Life has a way of luring you into overconfidence and complacency......and then comes that all might thwhack that becomes a killer punch,too strong to recover from.

So let us always remain humble.....

May great success be yours........And once again,a welcome back to Traderji and to this thread.

Saint

 

[Saint]

With so many people trading this thread. Taking a Headcount!

Press thanks button to this post and we will know you are with the Team!

Kudos to Saint!

Naughty boy,m4uh......See,Czar,what you've gone and started.

Saint

ps:But thanx anyway for the support

 

[Saint]

Have joined traderji for this particular thread only !!! Great job by all. Thanks

Thank you,Umesh........and Welcome to Traderji!

Saint