Going with the Intraday Mini-Flow!!

[Smart_trade]

Re: Saint's Intraday Miniflow - live discussion

If the add comes up around 3:00 or if you are not comfortable with add,dont pass it....add 1/3 or 1/4 of your position....or add 2-3 minis...it may not give you big money but it disciplines your mind to add everytime...this small add also serves as a weathercock.....and prevents you from cashing out early....it imbibes better trading habits....

Best wishes,

Smart_trade

 

[aimer]

Re: Saint's Intraday Miniflow - live discussion

Raj,

Please explain in detail. If it was something Saint had said then please gimme the link.... thanks in advance.

Amit bhai...ya i was talking about the 14% what Saint Sir had said....i am just quoting his statement:

"Just go back to June 2007. . . . . . . . . didn't have the patience to go back even further, and count each day's moves. . . . . . . Interesting to note though that 56% of the times the day closed in the same direction as the direction of the first bar crack, and just holding a position from 10am to 3: 25 am already puts us in profit territory.
A further 30% of the time, markets closes sideways, and another 14% of the time, markets have broken the 5min bar, and reversed in the opposite direction and closed in the negative if you were to hold till close.
The very knowledge that 56% of the time, markets tend to move in the direction of the first 5min bar crack gives us confidence. . . . . . we are no more shivering and worrying about probable losses. We have the odds more on our side and want to milk those odds to its end.
Knowing this is great. . . . . . . . the sideways pattern is part of trading. . . . But how do weminimize the losses? Is there a way of bringing those 14% losses down by adding another rule?"

now just to minimise these 14% of losses we look for new rule what Saint Sir has quoted...and also to cover these 14% generally these candles come into picture to warn us before the reversals takes place so as to minimize our losses and indirectly maximize our profits....and this is nothing but TFA what Sir has used keeping 15, 30, and 60min time frame into consideration..... thus i had written in the previous post of mine about candles...these are solely my views...seniors comments appreciated...

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Amit bhai...ya i was talking about the 14% what Saint Sir had said....i am just quoting his statement:

"Just go back to June 2007. . . . . . . . . didn't have the patience to go back even further, and count each day's moves. . . . . . . Interesting to note though that 56% of the times the day closed in the same direction as the direction of the first bar crack, and just holding a position from 10am to 3: 25 am already puts us in profit territory.
A further 30% of the time, markets closes sideways, and another 14% of the time, markets have broken the 5min bar, and reversed in the opposite direction and closed in the negative if you were to hold till close.
The very knowledge that 56% of the time, markets tend to move in the direction of the first 5min bar crack gives us confidence. . . . . . we are no more shivering and worrying about probable losses. We have the odds more on our side and want to milk those odds to its end.
Knowing this is great. . . . . . . . the sideways pattern is part of trading. . . . But how do weminimize the losses? Is there a way of bringing those 14% losses down by adding another rule?"

now just to minimise these 14% of losses we look for new rule what Saint Sir has quoted...and also to cover these 14% generally these candles come into picture to warn us before the reversals takes place so as to minimize our losses and indirectly maximize our profits....and this is nothing but TFA what Sir has used keeping 15, 30, and 60min time frame into consideration..... thus i had written in the previous post of mine about candles...these are solely my views...seniors comments appreciated...

Excellent Raj :clapping::clapping::clapping:

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

amit/hem/hitesh did u add....i didnt as it was beyond 3 pm?

Tushar I didn't add due to post 3.00 pm rule....

 

[myvineet]

Re: Saint's Intraday Miniflow - live discussion

Thanks Hem for being broad minded.

I will be glad the day I am able to trade better. For ex... today there were two adds... well atleast one.

The first add over the BO bar high, and the second over the pivot but it was after 3.00

So, I have made solid mistakes today... plus I did not trail at the end... what if the market had gone another 50 pts... !!

So, those 4 points don't make me happy at all. I wish to remove all these mistakes caused by my mind... I really wish and hope I can rectify them. Would pay a million bucks to do that... really I would!

amit ..itna gussa nahin karte hain ....

we never aim for getting top or bottom ..if we able to get meat in between top & bottom , then we are more then happy...

we can add after 3.00 but trail it with tight stops..adds are backbone of this system ...

all the best in your journey to excellence...:thumb:

 

[jamit_05]

Re: Saint's Intraday Miniflow - live discussion

amit ..itna gussa nahin karte hain ....

we never aim for getting top or bottom ..if we able to get meat in between top & bottom , then we are more then happy...

we can add after 3.00 but trail it with tight stops..adds are backbone of this system ...

all the best in your journey to excellence...:thumb:

Sach mein Vineet bhai gussa to bahut aata hai. It is also despair... kind of a cocktail (shaken AND stirred).

Over a simple fact that the rules have been so meticulously designed and even more painstakingly studied then why in the markets do I forget all this and jump the gun...

Now I am at a point where I don't want to care about the profits... I just want to be able to follow rules! That's my most sincere wish right now, cuz I can see in my backtests that Miniflow has 3 times the potential I am currently extracting out of it.

 

[lvgandhi]

Re: Saint's Intraday Miniflow - live discussion

Good Morning to All
NF High 4154 Low 4136.15
BNF High 6815 Low 6770

 

[hitesh05]

Re: Saint's Intraday Miniflow - live discussion

Success doesn't comes to you.........you go o it.

Good morning

 

[HEM]

Re: Saint's Intraday Miniflow - live discussion

Good morning to all
&
Best wishes to all :thumb:

NF:-
H - 4154
L - 4136.15

Mini NF:-
H - 4152.15
L - 4135

Bank NF:-
H - 6815
L - 6770

 

[metushar]

Re: Saint's Intraday Miniflow - live discussion

Good morning all