Going with the Intraday Mini-Flow!!

[orderflow13]

covered all 1/3 3149

 

[milkyblack]

Saint i got thrown around too much today on HDIL. My internet died and I covered shorts of nifty on the phone

HDIL im not short, dont have charts now but it must be profitable by now.

I dont know why im being punished! well....as you say, tomorrow is a new day... *sigh*

MJ-

Well friend,

Did you backtest the method... I am sure you have... what did you notice? Is it not that the method is profitable? Does it not have continuously 2 or more loosing days? It has right? Then also it is profitable? Why????

Just because stick to the plan... check out what has been the max drawdrwn,,, convert it into rupee accorrding to your lot size! Done? Now assume what happnes to you if stops get hit? Are you fine? If the answer is yes... then you will not use these words as being punished etc...

If the answer is NO... then you are punished for your mistake... just work on it friend....

Looking at the NF... 60 min trades... "I" think that the short triggred at 3083 will not be a profitable one... still I am short on it... as If I let this "I" get in then it would be dangerous to my trading account!

So forget about punishements and all kinda things... enjoy the method... it will be profitable...

Regards

 

[orderflow13]

covered 1/2 3152

 

[rishig38]

covered 1/2 3152

why Alex? If you didn't cover when everyone else was covering, IMO, you should put a stop loss of 3178 and just ride it rather than covering now...

 

[orderflow13]

why Alex? If you didn't cover when everyone else was covering, IMO, you should put a stop loss of 3178 and just ride it rather than covering now...

using 61 % retrace of last 60 min bar ..( for coverin in lat hours.. using this )

 

[myvineet]

covered 1/3 3142

covered all 1/3 3149

covered 1/2 3152

hope u are not long now.....

 

[orderflow13]

out with all 3134

 

[orderflow13]

hope u are not long now.....

... lol.. not at all... today didnt click ( 61 % retrace ) .. never mind

 

[musicjunkie]

Well friend,

Did you backtest the method... I am sure you have... what did you notice? Is it not that the method is profitable? Does it not have continuously 2 or more loosing days? It has right? Then also it is profitable? Why????

Just because stick to the plan... check out what has been the max drawdrwn,,, convert it into rupee accorrding to your lot size! Done? Now assume what happnes to you if stops get hit? Are you fine? If the answer is yes... then you will not use these words as being punished etc...

If the answer is NO... then you are punished for your mistake... just work on it friend....

Looking at the NF... 60 min trades... "I" think that the short triggred at 3083 will not be a profitable one... still I am short on it... as If I let this "I" get in then it would be dangerous to my trading account!

So forget about punishements and all kinda things... enjoy the method... it will be profitable...

Regards

Thank you for those words MB, really appreciate them

I did backtest and continuous loosing 2 days is normal. Reversing 3 times is rare, very rare.

The funny thing is HDIL has given soo much profit the last couple of weeks, with no loss days, all straight profit days, and when i get in, its the worst days compared to the last 3 months.
Was just smiling at the irony of that.

Regards,
MJ-

 

[aabhi06]

cover all 3126.00