Going With The 60min Flow!!!

[nickispain]

Todays episode has atleast shown me the truth. And I believe it is true for atleast all the newbies who have joined recently. And the Truth is I am not doing what is expected from me.
First I am subconsciously dependant on SAINT and some other senior members to confirm the reversals and pivots. And thats what happened today. I could see the pivot in the Charts, I even saw Rakesh`s post that very moment but neither belived him (dont mind Rakesh) nor my eyes and waited for SAINTs confirmation. Saint confirmed as usual as he does, but then what was different today. The one difference today was by the time saint confirmed and dust settled NIFTY Zoomed to some 3990 levels ie 40-50 points above reversal, which added some chaos. Generally after reversals are confirmed Nifty remains in the ACCEPTABLE range and I change my positions as directed , sometimes even get benefit of 5-10 points. In general situation I decide on trade, read further post and chart pasted by other member confirming reversal/pivot, compare it with mine chart and point out easily --yes here is the reversal -- and feel proud (if not atleast pretend) as if I have done that invention on my own.
But today was a different story.
What happened next, before I could decide whether to reverse my position or not I was thrown up another challange. The challange was WHO AM I ?? PURIST or AGGRESSIVE. Now with little or I would say NO knowledge of system (which definitley I realised when this very question was thrown to me; illussion shatterred), with experience of just a single trade how could I decide what kind of trader I am. After pondering on the complete episode in retrospect one thing that I realised is there is a basic flaw in my technique. the flaw is `I have to Learn the system and follow` not `Follow the thread and try to (L)earn`

Whatever, I learned atleast two things from this --1 I know whats wrong at my end --2 Rakesh has been added to some other senior members list (subconsciously) ......

though no authority to say tat..

but if u keep ur this attitude of analysing things n acting upon ur mistakes...u will be teaching ppl how to fish....sometime soon....

 

[milkyblack]

Hi Prabhijeet,

Oh so many things happened in the day... sorry for not able to be active in posting... got involved in something and all... back home now!

Read the huge misunderstanding that happened.... Like Saint said not to stop posting due to some misunderstandings... It just happens...

Hope to see your great posts as usual

Regards

 

[milkyblack]

Wow hope every one enjoying their profits at todays Gap down .... me out of trade from yesterday as there is some personal problem will be join from monday

So much reading in two days left....... this thread becoming like going to school if missed some days then neeed to work extra hour to finish pending home work


Regards
Satya

Hi Satya,

Welcome back friend! Missed your posts... Hope to see you from Monday

Regards

 

[Saint]

saint sir.....u were gng to post charts.......

Yes Neeraj....a bit later.Just updating some stuff.

Saint

 

[Saint]

Dear Saint

Just sharing my thoughts NO offense meant

You set out to teach the people to fish Now I get a feeling that the fish is being served instead.. Buy because saint said.Sell because Saint said Saint what is the SL.. So on so forth

I am sure many are making money .but how many are learning

Is it becoming a herd trading.

I am sure I will get many brickbats for expressing my feeling But then I repeat that there is no offense meant.

Warm regards

Karthik

None taken,Karthik........but the many who are sincerely attempting to learn the art of trading and one day not depend on my posts are getting better by the minute.More than I ever expected.

And then there are the relatively new who just want that Fish.........they won't go too far as this thread is mainly aimed at this particular method of Fishing,they will be stopped out ,tossed about and finally leave with a curse under their breath..........

But cannot sacrifice the minority who are desirous to learn for that majority that just wants me to throw a Fish..........in time,things will solve itself.One group will be thankful that they have learnt something from this man called Saint.And the others will curse and leave as they are still unable to make any money off the posts in realtime trading.

Still is good to have you around though..........all the very best!

Saint

 

[Saint]

This is my first post on traderji.. And I am one of the invisible ones who keeps a very close tab on this thread. I suppose that the search button has answered more than enough of my queries and I have never really felt the need to post as yet.

As of now I check this thread only because of the discussions that are going on and to get a feel of how the system works and the tweaks required. I do not have a source for the 60 min charts required for this system, so I do not post anything here. I find that the current discussions on this thread have answered almost all of my queries on this system. I do not trade this method and so for me if the levels are posted during the day or after trading has no real difference..

I have been following this thread for some time now with an idea of understanding how the system works. Over the course of the thread, the charts and levels posted by others has helped me a lot to understand this method.

I agree with you that by posting the levels after market hours, only the learners would be checking this thread and not asking for details like SL, levels, etc..

I feel that for this thread to be a help for others those posting levels, charts and the current position status should do the same after market hours unless there is something new that needs to be conveyed to everyone who is trading this system. That way those who are not yet confident about the system will not use this thread as an advisory service, but spend more time to learn and assimilate the system for their own trading.

-- no1lives4ever

Yep agreed.......but request people to not find fault in something sincere.Trading was always and is about how you react in realtime......Was hoping to hand hold till ready to walk......Think it's ripe to let that go and watch from afar if walking can be managed without any calamities or dangers.

But thank you for your post


And Welcome to Traderji.

Saint

 

[Saint]

After pondering on the complete episode in retrospect one thing that I realised is there is a basic flaw in my technique. the flaw is `I have to Learn the system and follow` not `Follow the thread and try to (L)earn`

.......Follow the thread and try to learn and you will come to great grief.Learn the Method and mechanically rigidly follow it and great success will be yours.

This is what I meant in my post above to Karthik...........the sincere will be separated from the rest.

The rest are now forced to do something..........either continuing their quest for free entries by going somewhere else,or become a trader and do whatever it takes,be it following a methodology of this thread or any other thread.

Komal.......great post from you......hoping to see more good stuff from you in the future.

Saint

 

[Saint]

Nice. I was hoping that people would at least see an element of truth in what I said... HALF.... that is more than enough...

regards

not at all a half truth,.......a complete truth for half the visitors here.

Saint

 

[Saint]

Completelly agree with u , i always see lots of new posting in this thread of such kind , which make me not to open this thread .


Robin

Of what kind I am not sure........never seen outright blatant tips here,queries or answers as you see in most of the other threads.Never see too much of unnecessary blabber here ....although we do indulge in a bit of friendly gibberish now and then.Most posts are discussion in nature and whether people like it or not,......however "fight"like it may seem,......so far only good has come of it.


Ah......but do not open this thread if you don't want to,Robin....there are 15,000+ threads out there,and I visit maybe less than 10......so feel free to not open this thread,there must be lots of great stuff out there.

Saint

 

[rajaram.dilipkumar]

i know a saint who always thinks about his disciples 24/7 .... good night