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
hi friend....
TS is trading with the flow site...posting of link out side traderji is not allowed....so go and get it my dear friend ... also ambush is one of trading method present there....
Jamit,
What is TS you mentioned here and wat is Ambush trades ?...sorry for being so novice
..
Thanks,
Sathia
What is TS you mentioned here and wat is Ambush trades ?...sorry for being so novice
..Thanks,
Sathia
TS is trading with the flow site...posting of link out side traderji is not allowed....so go and get it my dear friend ... also ambush is one of trading method present there....
Re: Saint's Intraday Miniflow - live discussion
CONGRATULATIONS Tushar bhai for the new journey....and welcome to our category....a category where u are not single but a couple now....a category where u are not alone in the various walks of life but there is some one to walk beside u....at times when no one is there but someone very dear is beside u...at times small quarels....small fights for something very silly....but u really love these small things ....this is nothing but a happy married life....
enjoy buddy...this moment will never come back in your life again.....
congratulations once again...
:clap::clapping::clapping::clap:
CONGRATULATIONS Tushar bhai for the new journey....and welcome to our category....a category where u are not single but a couple now....a category where u are not alone in the various walks of life but there is some one to walk beside u....at times when no one is there but someone very dear is beside u...at times small quarels....small fights for something very silly....but u really love these small things ....this is nothing but a happy married life....
enjoy buddy...this moment will never come back in your life again.....
congratulations once again...
:clap::clapping::clapping::clap:
Re: Saint's Intraday Miniflow - live discussion
a very nice post by Saint Sir on Profit booking ....i am just putting enquote:
"Not only cut the Losses,but Ride the Profits.
Adherence to stop losses is important and vital,but allowing a trend trade to run its course before tampering with it is as important,if not moreLet us take another Trader.Unlike our Trader friend above,this Trader is more disciplined,more ruthless.He knows the importance of stops,he realises the importance of his capital and its preservation,.he therefore adheres to his stops.Not only does he adhere but he realises that stops are to be placed at vital points(talking Tech Trading).He takes on the Market and after 10 trades,he makes 5 losses,and 5 wins ie 5x-5x=0.He has lost commissions,and misc charges and made nothing.His next 10 trades have 6 losses and 4 gainsall gains are about x,and losses at x each.He ends this on a losing note as well.
This Trader has gotten it better than the previous guy..he is following half the Wisdom and finds himself perenially at Breakeven to Mild losses.After 20 such trades,he realises that his fallacy was in placing stops in the first place.The next 10 sees him hurtling down and joining the previous Trader in his ranks..what has happened is a slow breakdown of the discipline by the Market,which is nothing but a Totality of Minds in action.Frustrated and disappointed,he thinks that his fault lies in the method,his system,and runs around in circles collecting this afl and that.
So too,at the end of the month,when we look at our Trade Analysis,we kick ourselves for not adhering to our stopsWe notice instantly that our stops of x was not adhered to a few times and that led to the downfall in that month.Nothing could be further than the truth.What the Month end analysis does not show is that the profits earned of say x or 2x was in a move of 10x or 12x..to put it crisply,we did not capitalise on the move.Not capitalising sends the mind into Regret.Regret sends the Mind into Wrong Decision.Trades are taken when they should not have been.Stops are placed at incorrect points.Multiple useless,unnecessary trades are put,and the broker instead laughs all the way to the bank.Even if stops are taken,the trader does not make enough to cover the losses sustained.Sustained lack of victories sends the Mind into Defeat Mode and he then finds every possible way to shoot himself in the foot..
The Wisdom of the Ancients has always been to cut the losses,and to ride the Profits..Somehow,the 2nd half of that great wisdom stands neglectedObey that Wisdom,and great profits follow.Neglect it,and Peril will follow in a matter of time."
Saint
a very nice post by Saint Sir on Profit booking ....i am just putting enquote:
"Not only cut the Losses,but Ride the Profits.
Adherence to stop losses is important and vital,but allowing a trend trade to run its course before tampering with it is as important,if not moreLet us take another Trader.Unlike our Trader friend above,this Trader is more disciplined,more ruthless.He knows the importance of stops,he realises the importance of his capital and its preservation,.he therefore adheres to his stops.Not only does he adhere but he realises that stops are to be placed at vital points(talking Tech Trading).He takes on the Market and after 10 trades,he makes 5 losses,and 5 wins ie 5x-5x=0.He has lost commissions,and misc charges and made nothing.His next 10 trades have 6 losses and 4 gainsall gains are about x,and losses at x each.He ends this on a losing note as well.
This Trader has gotten it better than the previous guy..he is following half the Wisdom and finds himself perenially at Breakeven to Mild losses.After 20 such trades,he realises that his fallacy was in placing stops in the first place.The next 10 sees him hurtling down and joining the previous Trader in his ranks..what has happened is a slow breakdown of the discipline by the Market,which is nothing but a Totality of Minds in action.Frustrated and disappointed,he thinks that his fault lies in the method,his system,and runs around in circles collecting this afl and that.
So too,at the end of the month,when we look at our Trade Analysis,we kick ourselves for not adhering to our stopsWe notice instantly that our stops of x was not adhered to a few times and that led to the downfall in that month.Nothing could be further than the truth.What the Month end analysis does not show is that the profits earned of say x or 2x was in a move of 10x or 12x..to put it crisply,we did not capitalise on the move.Not capitalising sends the mind into Regret.Regret sends the Mind into Wrong Decision.Trades are taken when they should not have been.Stops are placed at incorrect points.Multiple useless,unnecessary trades are put,and the broker instead laughs all the way to the bank.Even if stops are taken,the trader does not make enough to cover the losses sustained.Sustained lack of victories sends the Mind into Defeat Mode and he then finds every possible way to shoot himself in the foot..
The Wisdom of the Ancients has always been to cut the losses,and to ride the Profits..Somehow,the 2nd half of that great wisdom stands neglectedObey that Wisdom,and great profits follow.Neglect it,and Peril will follow in a matter of time."
Saint
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