Na na...its ok....i was telling that what Umesh wrote was his thinking and we shud not change our view on this strategy based on those comments.
So which strategy do you use for intraday ??
Thanks ! But do appreciate that Umesh in fact backed his claim with figures. If I remember correctly, analysis figures were quoted in subsequent Posts.
I would like to add that I too subscribe to his views that Trading
ONLY 3/15 crossovers is not profitable. Yes, no one needs to change his/her views because some one else thinks otherwise..... but no harm in rechecking.
For intraday I use Supertrend as being done by Cubt and have Power Pivots also.
Power Pivots Plus is a Metastock Add on ! The strategy is a joint effort of a group of people and cannot be disclosed here ! I have a thread on it in "FUTURE" section with a Title : Nifty Scalping and more
If interested do have a look and comment. After trading it for entire November, it became very clear what most seniors here always say : More than the strategy , its the Trader's discipline that will count.