Trading the Enterprise...!

linkon7

Well-Known Member
Agreed linkon sir.. I wrote tht msg according to the 9.30 vWAP value which gives the BUY and SELL values for the day..!!
what i meant was..

we need to keep in mind which is more high probability trade. Here, a bit of discretion might mean we miss out on few good trades, but we also avoid a lot of bad trades.

like the 5347 short... was a low probability trade, took it with less qty since 5341 is a 30 min TF support...!

But long above 5366 is higher probability trade but here i have to keep in mind that price should blast above this... any signs of stalling means long tf players are not going to chase price today... so exit as soon as possible...!

overall, exit to the trade is the key determinant here...!
 
Guys Open you intraday charts, After the short signal at 5366, we got cover signal at 5360 on next candle, and price traded there for 2 mints ( more than 60 seconds), that means the exit level is 5360-5361. But when it went down 5359 again, the cover signal disappeared and we people got fooled. And what if you wait for candle to close for exit decisions, the candle may close at 5375 and the system will say exited at 5360 haha. users are destined to get screwed both ways..
 

linkon7

Well-Known Member
Guys Open you intraday charts, After the short signal at 5366, we got cover signal at 5360 on next candle, and price traded there for 2 mints ( more than 60 seconds), that means the exit level is 5360-5361. But when it went down 5359 again, the cover signal disappeared and we people got fooled. And what if you wait for candle to close for exit decisions, the candle may close at 5375 and the system will say exited at 5360 hahaha. users are destined to get screwed both ways.
no one is pointing a gun on your head and asking you to track progress of a system u are not comfortable with...!

Move on and find something that you find comfortable trading...!
 

jallanankit

Well-Known Member
what i meant was..

we need to keep in mind which is more high probability trade. Here, a bit of discretion might mean we miss out on few good trades, but we also avoid a lot of bad trades.

like the 5347 short... was a low probability trade, took it with less qty since 5341 is a 30 min TF support...!

But long above 5366 is higher probability trade but here i have to keep in mind that price should blast above this... any signs of stalling means long tf players are not going to chase price today... so exit as soon as possible...!

overall, exit to the trade is the key determinant here...!
Useful post..!! thnx..!!

PLs explain more on ur probability determinant..???
 
no one is pointing a gun on your head and asking you to track progress of a system u are not comfortable with...!

Move on and find something that you find comfortable trading...!
So you are the developer and seller of the system, If any still has doubt, he will be the most wise person on earth :lol:
 

msa5678

Well-Known Member
Guys Open you intraday charts, After the short signal at 5366, we got cover signal at 5360 on next candle, and price traded there for 2 mints ( more than 60 seconds), that means the exit level is 5360-5361. But when it went down 5359 again, the cover signal disappeared and we people got fooled. And what if you wait for candle to close for exit decisions, the candle may close at 5375 and the system will say exited at 5360 hahaha. users are destined to get screwed both ways.
As clearly mentioned, this is a INTRADAY system. You need to be alert when you are trading using this system. Losses are small. But when the trade is on the positive side the gains will be more than the losses.

Now don't think that I am promoting this system. Just a user like you , in quest of a good system .
 
yea I wwont think so, I will think that only about people who get red chillis by my comments. The comment whcih was just a comment, like comments of other people, analysing report on this system. But some1 cant digest even a comment, means there is something wrong at the bottom lol
 

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