Very true Saint,
The basic purpose of this thread is to discuss and share knowledge... of course you have showed us the path... but that does not mean that you are giving here tips over here like... short below this with SL of this etc... the basic method has been presented by you... and that too so many times... you have taken a great effort to TEACH a method to all of us here... but very unfortunate to see when people try to match the SL etc... as if writing a T/F kind of examination... with studying just minutes before the exam...
There are times when I had held positions which were just opposite of the majority of the board members... but I did not have the courage to post it over here... with a fear that if anyone changes position because of someone... the thing is that I do not know when I take a trade that if it will be a profitable one or otherwise... so if there is a discussion over here where people give their views (of course inline with the rules of the 60 min trade) then one can review his/her point of reversal... and ONLY IFF one is convinced with the reasons then take the trade...
Few are there who would take a trade 1st and then ASK for the SL... I mean to make easy money... no it is not the place...
I have a deep respect for the seniors over here who selflessly try to TEACH what they know... rather than just give tips!
Friends... getting tips and making money is very easy... but this does not last for ever... in the changing market scenario... one has to make a decision him/herself...
This post is not intended to point anyone over here... it could even point to me if anytime I ask a tip for SL/entry exit etc...
Regards
I dont know how and why....but you have posted most of what I was also feeling. I too have stopped posting trades contrary to the one held by 'majority' here.....
And no...though most dont want the fish here and actually want to learn....I feel the process of learning if faulty. Frankly....how many of us have personally backtested the method on a years data? Most would be content to read the posts by Saint and then go through his 'backtest' charts..... That I think is the real problem, does lead to lot of confidence-related issues.
And why the hell are we not able to see a pivot even after 5 months in this method....when Saint is trying to put it across to us one day after the other??? because we have in our minds an idealistic picture of how it should look and feel. Because we go too much into definitions....5 fingers etc.....and dont get the logic. Romanticism at its heights...
There is a limit to Saints patience also....dont let him give up on us. If we continue doing like this...God save us.
Rakesh.
ps: Not pointed towards anyone in particular....but all in general including self.