My trades based on "new way of pivot trading" and vwap

[^k^]

You are serious and funny at the same time aja.
Best Luck with whatever you decide. :thumb:

 

[vijkris]

Hi aja,I wish I could help you,but I am not trading VWAP at all and I am not that expert in it.
When I was new on the system,I had many queries, but no one answered me in my struggling period.So I opened a thread and started posting my daily trades on it.There also no one corrected me.Later I found that I was trading VWAP,AMA Band in a very wrong way.Vijay corrected me there few times.Does it mean Vijay is expert in it?
Ye,he’s.
I shocked to see that when Pratap Sir shared this system,it had many followers,but
No one correcting my trades.But I used to get lot of pm on afl request,pdf request, how to plot vwap,how that was long-short trade queries.But not a single comment on my mistake.
Later I faced some losses, so left trading vwap and deleted my thread as it was based on wrong assumptions.

Here also you can see that Vijay is only trading it and no one correcting his mistakes if any.Pratap Sir also shared very advanced stuffs like 2days vwap,but not a single chart or a query by anyone on the system.Why so?Because VWAP looks very easy from outside,but its very complex,its complexity is the biggest barrier that at some point a trader get very depressed trading it.

So I simply suggest you to trade any simple system,but not VWAP at this level when you have left with a very small amount.You are not in an experimental mode as you need a quick buck.Please find a part time job.Day trading is very tough and its much tougher in your condition.

Best Luck aja.



P.S.-Concentrate on taking out the fear of loosing,fear of execution first.Trade with very small quantity like 20-30 shares.Other things are secondary.

:lol:
Once someone asked Pratap sir to post Backtest results of the method. He refused saying he is not intersted in making it mechanical etc etc.
HE said if anyone is interested they can manipulate the code and do the backtests.
btw for my coding skills it took approx 1 yr effort just to crack the code so that it can be backtested.
I posted just one result few days back.. with 1.2R as tgt, 48% win rate.
With 2.2R as target 38% win rate..
entry was based on bo/bd of +-1sd. sl was 2sd. no trail, as it is sideways trading..
Also the code didn include many common sense things and bias etc..

So even if pratap sir comes down and says that vwap gives losses.. I am not gonna believe as I have a statistical evidence..
IF anyone is making loss with this system means it is TRader's fault..

Sorry.. this post was not to hurt u or anyone else..

 

[vagar11]

Hi aja,I wish I could help you,but I am not trading VWAP at all and I am not that expert in it.
When I was new on the system,I had many queries, but no one answered me in my struggling period.So I opened a thread and started posting my daily trades on it.There also no one corrected me.Later I found that I was trading VWAP,AMA Band in a very wrong way.Vijay corrected me there few times.Does it mean Vijay is expert in it?
Ye,he’s.
I shocked to see that when Pratap Sir shared this system,it had many followers,but
No one correcting my trades.But I used to get lot of pm on afl request,pdf request, how to plot vwap,how that was long-short trade queries.But not a single comment on my mistake.
Later I faced some losses, so left trading vwap and deleted my thread as it was based on wrong assumptions.

Here also you can see that Vijay is only trading it and no one correcting his mistakes if any.Pratap Sir also shared very advanced stuffs like 2days vwap,but not a single chart or a query by anyone on the system.Why so?Because VWAP looks very easy from outside,but its very complex,its complexity is the biggest barrier that at some point a trader get very depressed trading it.

So I simply suggest you to trade any simple system,but not VWAP at this level when you have left with a very small amount.You are not in an experimental mode as you need a quick buck.Please find a part time job.Day trading is very tough and its much tougher in your condition.

Best Luck aja.



P.S.-Concentrate on taking out the fear of loosing,fear of execution first.Trade with very small quantity like 20-30 shares.Other things are secondary.

Karan,

I think your method of trading pure price action was good.

 

[^k^]

You are as colorful as VWAPish bands Vijay.
You know many things already.You dont need any Mungus's favor.Hope you would keep sharing your VWAP knowledge among fellow traders.

Good Night Sir

 

[vijkris]

Karan,

I think your method of trading pure price action was good.

Did u save karan's thread as well ?

You are as colorful as VWAPish bands Vijay.
You know many things already.You dont need any Mungus's favor.Hope you would keep sharing your VWAP knowledge among fellow traders.

Good Night Sir

Thanks for the insights :thumb:
Hope u visit TJ once in 3 months atleast.

Good night.

 

[vagar11]

Did u save karan's thread as well ?



Thanks for the insights :thumb:
Hope u visit TJ once in 3 months atleast.

Good night.

Didn't the save the thread. Chart looked nice so I saved it.
One more chart that he shared.

 

[vijkris]

Didn't the save the thread. Chart looked nice so I saved it.
One more chart that he shared.

u should get an award for the best record keeping. :clap:

 

[aja]

share all charts Vagar bhai

 

[vagar11]

share all charts Vagar bhai

Had only 2 charts saved from Karan thread.

This one is from Savant Garde.

Baki traderji pdf me pura maal pada hai..

 

[aja]

Karan bhai ke chart me VWAP nahi hai?
He used to trade naked PA too?

@Viju,Vagar