Going with the Intraday Mini-Flow!!

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rkkarnani

Well-Known Member
Very nicely said by Nice_Trade....
Just adding to same ...
Proper money management is essential for successful trading. A disciplined trader cuts his losses short and outperforms a loser who keeps hanging on and hoping. As soon as you buy, place a stop-loss order. Greed and fear destroy traders by clouding their minds. The only way to succeed in trading is to use your intellect. The goal of a successful trader is to make the best trades. Money is secondary. If this surprises you, think how good professionals in any field operate. Good teachers, doctors, lawyers, farmers and others make money - but they do not count it while they work. If they do, the quality of their work suffers. Serious traders place stops the moment they enter a trade. We all like to hope that a trade will succeed - and a stop is a piece of reality that prevents traders from hanging on to empty hope. Learning to place stops is like learning to drive defensively. A stop is not a perfect tool but it is the best defensive tool we have.
Alexander Elder
Planning, rather pre-planning is an integral part of a Trader's success!!!!
A link to one of the many ways for Plannig your trades!!! Just the basics, may be of some use to us :

http://www.4 shared.com/file/67412089/efcf24fd/T2W_Trading_Plan_Template_2005.html
 
Now who the hell is Nice_trade, couldn't find which post is Alex appreciating:confused::confused:

Ah... one more addition to already plenty of nick names I have here,I guess !!!

Nice name,..."Nice_trade"...Thanks Alex ,

Best Wishes,

Smart_trade
 

rajendrani

Well-Known Member
Dear all seniors, saint, alex, karnani, smart trade, tsunil and many more, requesting you all just to put one graphical reprsentation of yesterdays nifty future pointing where was the entry, and the add points.

Thanks
rajendrani
 

columbus

Well-Known Member
Dear all seniors, saint, alex, karnani, smart trade, tsunil and many more, requesting you all just to put one graphical reprsentation of yesterdays nifty future pointing where was the entry, and the add points.

Thanks
rajendrani
Posting Fridays NF 30 min chart with entry ,and add points marked on it.



Best Wishes,

Smart_trade
 

columbus

Well-Known Member
Columbus thanks for the image,
But what I am looking over here is if you can pinpoint in the same image as to how you did the trade. I mean using the candelstick chart using the 30 min time frame and at every bar giving the Stop and sar.

Thanks
rajendrani
rajendrani,

If you go by MACD histogram in that chart,then it gave an opportunity only once between
12 o'clock and 1 o'clock. (12-13).But doing it interactively is difficult, I mean ,when the
SHOW is on.
 
rajendrani,

If you go by MACD histogram in that chart,then it gave an opportunity only once between
12 o'clock and 1 o'clock. (12-13).But doing it interactively is difficult, I mean ,when the
SHOW is on.
MACD Histogram ? In Saint's mini flow ? When ? How ? Which ? Where ? Why ?

Just joking , columbus ....:D


Smart_trade
 
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