Going with the Intraday Mini-Flow!!

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

Hope All did well today... It was a so-so day. I was expecting more of a solid once-in-a-month kind of day... but i guess I will have to wait.

Regards,
Amit.

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Yes there was a downsloping channel in 5 min...but we came out of that channel and attempted a bit of upmove.....

ST

----deleted----

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

Hope All did well today... It was a so-so day. I was expecting more of a solid once-in-a-month kind of day... but i guess I will have to wait.

Regards,
Amit.

Why so-so day ? It was a 80 points move after our trade triggered.

ST

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Why so-so day ? It was a 80 points move after our trade triggered.

ST

absolutely right sir, today was very good day for Intraday Miniflow followers.:rofl: :rofl:

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

Why so-so day ? It was a 80 points move after our trade triggered.

ST[/QUOTE
Absolutely ST 'Da'.
RIL & BHEL gave good results as well.:clapping::clapping:

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

Why so-so day ? It was a 80 points move after our trade triggered.

ST

Yes Sir, 1:3 was achieved today... But after seeing that one big day on 8/4, nothing is quite as good

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

Yes Sir, 1:3 was achieved today... But after seeing that one big day on 8/4, nothing is quite as good

Yes Sir...the market shall give you 8/4 days many many times
The time may have become ripe for it.
Let's wait a bit:clapping::clapping:

 

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

Yes Sir, 1:3 was achieved today... But after seeing that one big day on 8/4, nothing is quite as good

hmmmm....miniflow traders getting greedy...and in other thread guys are discussing whether anyone is profitable in day trading.....what a contrast....we dont waste our energies in discussing whether it can be done,we have found a method and we work at it every day taking out money from the market consistantly.... that is the way...

Smart_trade

 

[FlowTrader]

Re: Saint's Intraday Miniflow - live discussion

A snapshot of trade details for this year 2009 upto 8th May

Hello LV

Excellent work. :clapping:

Van Tharp in his book "Trade Your Way to Financial Freedom" has given an excellent way to interpret/analyze this data (trades).

He talks about 6 keys(Variables) for trading success and Expectancy

1. Reliability (Win Loss Ratio)
2. The R multiples (Risk Reward Ratio)
3. The cost of making an investment or trade
4. How often you get the opportunity to trade(frequency)
5. The size of your trading or investing capital
6. The position-sizing model

Expectancy, tells you how much you can expect to make on the average (over a number of trades) per dollar risked.

Expectancy = (PW * AW) less (PL * AL)

where
PW is the probability of a winning trade (no of winners / total trades)
PL is the probability of a losing trade (no of losers / total trades)
AW refers to the average gain (total gain / no of winners)
AL refers to the average loss (total loss / no of losers).

Thus Expectancy will give you in a single number a snapshot of how good the method is.

Since we have many members trading the same method a periodic evaluation of expectancy that everyone is getting will help share the information without disclosing the personal data like trade size/ nett gains etc.

 

[jatayoo]

Re: Saint's Intraday Miniflow - live discussion

hmmmm....miniflow traders getting greedy...and in other thread guys are discussing whether anyone is profitable in day trading.....what a contrast....we dont waste our energies in discussing whether it can be done,we have found a method and we work at it every day taking out money from the market consistantly.... that is the way...

Smart_trade

Yes ST 'Da'
The most reliable method so far.
Grateful to Saint Sir
Who selflessly
large heartedly
without any complsion
without any greed
Shared the same with us.
God bless him.:clapping::clapping::clapping: