Going with the Intraday Mini-Flow!!

[rakeshluthra430]

RKK,

I Thought it applies to only those who start with 10 lots.
vps

And why would this strategy work only if you get in with 10 lots
I guess you seriouly study the thread 'teach a man to..."....position sizing, MM, drawdowns etc before reading this or any other thread of Saint or others....in short start from the start, its very risky to catch a moving train. Till then you can be on the sidelines and get a feel of things...as I am presently doing.

This is just a free advise, but dont treat it as one.

Rakesh

 

[uthuman]

What about those who are holding only one lot?

 

[milkyblack]

According to the earlier strategy when trail stop was considered now the SL for long is 4178
With new strategy SL still at 4148

I repeat again... all possibility taken into consideration... until finalized... plz do not confuse... DO NOT trade if confused or not comfortable with the deep SL...

For me my SL based on new strategy 4148... nothing to worry about me today as... if hit will be a break even day!

Others if trading... take your own call... its your money!

Regards

 

[trillian]

Hi VPS/Trillian

VPS,You are really getting confused about the various strategies .......the 5min with a 60min perspective is one.This one is another.

VPS/Trillian,
This one is still in the formative stages......I have to worry about a few things other than just putting something out there.If there has to be a strategy,it has to aid and abet our entry on a fast moving train,and at least keep us out of a few problems,and give us minimal losses on a few days.

In that,there is seeming confusion.......do bear with me.I have been trading this for a few months,although not as long as the 60min Flow.But I don't mind just taking losses,cutting them down,and maximising on the good moves and making sweet profits.But putting that down on paper that another person would follow is another thing.

So please bear with me...........this is near completion.Edges have to be roughened out,or less lack of clarity will destroy us.

Saint

Hi saint,

I agree with you that this strategy is in intial stage and need to back test. Because I have missed both 60 min flow and 5min with 60 min flow in initial stages and now struggling in those strats.I have started an thread for intraday strategy but not able to get good answers in that. so I am eager to learn this strategy from first day and did so. But something happened to me yesterday and got totally confused.

So now I will wait until you make this strategy an valid one as you said.

And one more thing these days i have never participated in any your threads actively.

so I take this opportunity to thank you and your helping tendency in teaching others without any hesitancy.

Thanks.

 

[milkyblack]

What about those who are holding only one lot?

This system is really dangerous for 1 lot... as in that case one has to book complete profit once Risk = Reward level is reached....

Good if that level is reached ... day in profit!

But what if the move continues? One lot people loose the ride...

Everyday there is not going to be good moves... there will be mild moves... and some days stop getting hit...

To profit from the system... it is the good days that has to be ridden... for that 1 lot will not help.

Regards

 

[Saint]

What about those who are holding only one lot?

He then has a choice,as to get out where profits are to be taken or to take on that added risk and trade the entire move to the full.

But again,.......you didn't need me to tell you that,my friend.

Saint

 

[uthuman]

This system is really dangerous for 1 lot... as in that case one has to book complete profit once Risk = Reward level is reached....

Good if that level is reached ... day in profit!

But what if the move continues? One lot people loose the ride...

Everyday there is not going to be good moves... there will be mild moves... and some days stop getting hit...

To profit from the system... it is the good days that has to be ridden... for that 1 lot will not help.

Regards

Thanks MB. Since I am new I want to trade with one lot only. As you mentioned, once we exit, we couldn't utilize the ride. Let Mr Saint place his definite strategy here. Afterwards I may increase my volume. ( I already exit that lot at 4222)

 

[Saint]

RKK,

I didnot understand the rule well. Thought it applies to only those who start with 10 lots. It needs all kinds of ppl to make the world. I'm one of them ha, ha. No ill feelings pl.
vps

No ill feelings......but a lot of scared feelings,my friend,when I see this post of yours.

I know you have some amount of respect for me.........if that is true,then listen when I tell you that the time to put in money into a trade is still far off.Please go to my earlier threads,figure things out.Paper trade the 60min Flow and this one......Get the cobwebs cleared.How many shares should you buy?Why there?Why stops there?Posn Sizing?Figure all of this and be clear in your strategies..............Then and then only should you even consider buying even one lot of Nifty.

All this said out of concern alone and not anything else......Please heed this friendly advice.

Saint

 

[milkyblack]

Thanks MB. Since I am new I want to trade with one lot only. As you mentioned, once we exit, we couldn't utilize the ride. Let Mr Saint place his definite strategy here. Afterwards I may increase my volume. ( I already exit that lot at 4222)

You are welcome friend!
Saint has also just answered your query! Good see him around!

Good you exited! Wait for the system to be printed properly then take your decision!

Regards

 

[uthuman]

He then has a choice,as to get out where profits are to be taken or to take on that added risk and trade the entire move to the full.

But again,.......you didn't need me to tell you that,my friend.

Saint

Thanks Mr Saint..Definitely we need to get it from you.