I object to your language/intention mentioning me in the post.
Please run at least one thread for a while (you have 0 threads started) before being a cause for closure.
1. "Came upon Kid's post regarding shorting Reliance, duly approved by Uttam."
You explanation is AFTER THE FACT......it's anybody's guess, nothing special in it.
My call was BEFORE THE FACT and in a stock in which a call on 1 hr TF was to be traded next day(discontinuous chart).
I said to short it @849. It made Open=High at 853 and finally made a Low of 842.3. Not that bad.
I already have stated i don't like trading stocks unless they are trending in weekly TF making High Amplitude Swings, HH-HL etc.
I supported KID knowing the fact he is paper trading and often more interested in stocks.
Note my 'BEFORE THE FACT' call on NIFTY in post #633. It came true word by word.
So, when NIFTY is crossing all crucial 5200 mark how can one sleep on Reliance.
2. "Funny, Uttam says in his post that he can't 'comprehend' the idea. Well...the bloody idea is simplicity itself! "
......Now, i request you to please run a fresh thread on it and produce a Comprehensive System capable of making positive money with 'before the fact' calls. Let everyone including me 'comprehend the 'simplicity' of the idea better.
FINALLY, i invite you for a healthy and open competition.
1. You give 10 live calls, i give 10 live calls, (minimum TF 60 min) all before the fact, with well defined Stop Loss, Entry and Exit.
2. Reasoning optional for you, though i would explain everything.
3. All of these trades we will produce within 10 weeks.
4. Then we will calculate the percentage returns.
5. If you win you take the responsibility of the thread.
These 20 trades would benefit everyone following this thread.
Kamlesh Uttam
Please run at least one thread for a while (you have 0 threads started) before being a cause for closure.
1. "Came upon Kid's post regarding shorting Reliance, duly approved by Uttam."
You explanation is AFTER THE FACT......it's anybody's guess, nothing special in it.
My call was BEFORE THE FACT and in a stock in which a call on 1 hr TF was to be traded next day(discontinuous chart).
I said to short it @849. It made Open=High at 853 and finally made a Low of 842.3. Not that bad.
I already have stated i don't like trading stocks unless they are trending in weekly TF making High Amplitude Swings, HH-HL etc.
I supported KID knowing the fact he is paper trading and often more interested in stocks.
Note my 'BEFORE THE FACT' call on NIFTY in post #633. It came true word by word.
So, when NIFTY is crossing all crucial 5200 mark how can one sleep on Reliance.
2. "Funny, Uttam says in his post that he can't 'comprehend' the idea. Well...the bloody idea is simplicity itself! "
......Now, i request you to please run a fresh thread on it and produce a Comprehensive System capable of making positive money with 'before the fact' calls. Let everyone including me 'comprehend the 'simplicity' of the idea better.
FINALLY, i invite you for a healthy and open competition.
1. You give 10 live calls, i give 10 live calls, (minimum TF 60 min) all before the fact, with well defined Stop Loss, Entry and Exit.
2. Reasoning optional for you, though i would explain everything.
3. All of these trades we will produce within 10 weeks.
4. Then we will calculate the percentage returns.
5. If you win you take the responsibility of the thread.
These 20 trades would benefit everyone following this thread.
Kamlesh Uttam
Listen, man, I don't know what's bugging you, nor do I care. And as far as my language is concerned, it is impeccable English, not Indlish or Hinglish - something even my worst enemy would vouch for. My intention is always noble at all times, which even a casual friend of mine would bet on. So, being the supreme judge of my own life, I pronounce your objection 'overruled'.
I mentioned your post just in passing, without malice. As it was on the public forum; I had every right to do so.
But now this whole spiteful post of yours, for which you went through all the hassle to adorn it with all that blue-green-red colorful peraphenalia, makes it personal. Wonder why would you that, for what? To prove it to yourself that you are Mr. Always Right? Boo-haa!! (can you see my middle finger?)
What more agonizingly amusing is the fact that you wrote the post at 12.23, then edited it at 5.39. For 5 hours I was in your thoughts - me, just an ID of the virtual world's non-entity! No wonder that PSUs of this country are white elephants, and their R&Ds couldn't produce a single thing since independence that would make the world sit up and notice!
Open competition? With you? For this 2-bit thread that takes 'stone-age' methodology and turn it into 'original' theorems, and, on top, incites people to be thieves to download someone's hard-earned copyrighted material? Ah, Kamalesh! You are far, far....far beneath me!
In case, you still want me to come to the level of a rat - no problem. But one condition only. Kid lost about Rs.3000 in Reliance because of your arrogance. You deposit 6000 hard cash in his account first, along with a public apology to him. After that, we are game. You choose the market, the TF, whatever. Just let me know when, where, and how I am supposed to slaughter a trading lamb like you. I will be there with my sharp telons and beak.
Looking forward to 6000 from yours to Kid's account. And later you, all slashed-up and bleeding as a trader.