Going with the Intraday Mini-Flow!!
- Thread starter Saint
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- Tags intra day live intraday nifty miniflow miniflow live nifty futures trading nifty intraday trading saint
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Re: Saint's Intraday Miniflow - live discussion
Yes Amit.. completely agree with you:thumb:
You are right in that aspect Manoj... but do you realize that with such bits added onto your system it gets very difficult (for my mind atleast) to follow in RT. Besides, this may not significantly add to ones edge. No major change...
In fact I am willing to sacrifice 5 more points if someone has a way of making execution simpler
In fact I am willing to sacrifice 5 more points if someone has a way of making execution simpler
Re: Saint's Intraday Miniflow - live discussion
A suggestion:
Make miniflow as simple as it suits you. Trade it with utmost smoothness. Once done, in a week or a month. Go down to TS and learn ambushing BNF. Saint, in flesh and blood, is there to teach. God knows if this era will ever come back, if we should miss it.
I suggest as I do.
Amit.
A suggestion:
Make miniflow as simple as it suits you. Trade it with utmost smoothness. Once done, in a week or a month. Go down to TS and learn ambushing BNF. Saint, in flesh and blood, is there to teach. God knows if this era will ever come back, if we should miss it.
I suggest as I do.
Amit.
Re: Saint's Intraday Miniflow - live discussion
Yes Amit... rather than trying to tweak ( because of our own weakness ) the proven method time to time, it is better to concentrate on learning other methods is really a good suggestion.
PS : In my opinion, if after back testing, if it proves correct ( my observation ), then adding at immediately after the strong bar close will not make the system complicated at all, at least for me.
If we consider 22 trading days a month and approximately 40-50 trades per month in which adding will be at least for 20-25 times ( again only a guess), and if we consider add filter as 6-7 ( for me ) then if the ratio of success is say 80% ( not back tested), then for at least for 15 days x 6-7 points = 100 points per month / per lot is good amount to earn without making any complications in the system. All these are just vague guess only. But yes, all this is only if the observation proves right in back testing and I think it will be worth. After all, any system / method is designed on probability and observation only. Also even we have added with filter , then also we all are alert on removing these adds( have a plan ) if we the trade is going against the add.
In short, just want to say that if it is worth adding this way ( after backtesting and proving), then it will not make system complicated at all.. My views.
Thanks
Manoj
Yes Amit... rather than trying to tweak ( because of our own weakness ) the proven method time to time, it is better to concentrate on learning other methods is really a good suggestion.
PS : In my opinion, if after back testing, if it proves correct ( my observation ), then adding at immediately after the strong bar close will not make the system complicated at all, at least for me.
If we consider 22 trading days a month and approximately 40-50 trades per month in which adding will be at least for 20-25 times ( again only a guess), and if we consider add filter as 6-7 ( for me ) then if the ratio of success is say 80% ( not back tested), then for at least for 15 days x 6-7 points = 100 points per month / per lot is good amount to earn without making any complications in the system. All these are just vague guess only. But yes, all this is only if the observation proves right in back testing and I think it will be worth. After all, any system / method is designed on probability and observation only. Also even we have added with filter , then also we all are alert on removing these adds( have a plan ) if we the trade is going against the add.
In short, just want to say that if it is worth adding this way ( after backtesting and proving), then it will not make system complicated at all.. My views.
Thanks
Manoj
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