I thought we are trading a proper system here Rakesh,though I agree with all yr observations,we also say that we dont look at things outside the system and the system incorporates everything.And once we start looking at all factors outside the system,then the confidence on the system becomes shaky.
Coming to the "art" part,have we not done this "Artistic"trading all these years ?
Could not justify this long entry,I give up!!! No arguments with the mkt
Coming to the "art" part,have we not done this "Artistic"trading all these years ?
Could not justify this long entry,I give up!!! No arguments with the mkt
All the tweaks that we have added in the system....in fact the rule to give a 'jiggle space' also...is not in the pure flow of things.
We do it when we see it working many times in the past...so today was also one such thing.
By Art...i meant not being scientific in our approach...being flexible. But doesnt matter.....forget todays trades...even if you consistently use the basic rules, you are in regular profits...you know that.