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how to make 60 crores in 5 years with 20000 investment |
vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #376 Posted: Tue Oct 18, 2011 3:40 pm Post subject: |
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grizzlybull wrote: | why are you even taking such trades in such a flat market?! your long trade would have made sense if our long term trend was bullish. I think that you should have waited for the next short selling signal and gone short. Oh well. |
I can not take any other factors outside my system.
what if the long trade taken by this system turns out to be the beginning of the 'long term uptrend' !
No prediction in this method and no judgements involved. |
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ANS_KOL White Belt

Joined: 16 Jul 2011 Posts: 84
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Post: #377 Posted: Tue Oct 18, 2011 6:29 pm Post subject: |
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Hats off Vinst,
no body can say if this is the beginning of a long term uptrend or at the same time nobody can say for sure that nifty will not be heading to 4000 by this expiry.
anything may happen and we are very little creatures to predict future market move. a flat market may anytime start making robust move and a trending market anytime may start consolidating.only thing we can do is to follow it honestly and be true to whatever strategy we are following.
keep it up dear vinst. we all are waiting eagerly for your strategy.
best of luck.
ANS. |
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grizzlybull White Belt

Joined: 26 Sep 2010 Posts: 80
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Post: #378 Posted: Tue Oct 18, 2011 6:37 pm Post subject: |
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vinst wrote: |
I can not take any other factors outside my system.
what if the long trade taken by this system turns out to be the beginning of the 'long term uptrend' !
No prediction in this method and no judgements involved. |
that's a game of greed, it's okay if you miss one swing,you can get the next one. what you're doing is similar to bottom fishing.I'm not saying that you will fail, you might be right on the money, no pun intended, what with all with the topping of silver and platinum and the decreasing strength of gold. But the very fact that you're assuming that there could be a long term uptrend while the long term downtrend is still in motion is a bit risky. Then again, it could be rewarding as well. But mark my words, most of your riches will be created once sensex/nifty, if ever, moves above 21000/6300 and has a secular bull market. most of the stock market successes, be it technicians(marty schwartz) or fundamentalists(warren buffett) become wealthy during long term periods of decision. |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #379 Posted: Tue Oct 18, 2011 6:54 pm Post subject: my 30min system |
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status at completion of 8th trade
Long trade closed 5045-4950 = (+)95
cumulative till now : (+) 297. |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #380 Posted: Tue Oct 18, 2011 6:58 pm Post subject: |
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grizzlybull and ANS_KOL,
thanks for your comments and observations.
regards, |
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vinay28 Black Belt

Joined: 24 Dec 2010 Posts: 11748
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Post: #381 Posted: Tue Oct 18, 2011 7:31 pm Post subject: |
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Vinst, your single minded dedication to this strategy is remarkable and so are your regular posts to keep everyone update.
I have, however, one doubt, only because I don't understand any strategy except perhaps avinash's simple one. Notwithstanding the fact that you are making profit with a good success ratio, I find that your SLs are too far away. Is there any way you can reduce that difference, by twicking the strategy? Take your time to ascertain this possibility even if you have to try it 108 times.
Good luck! |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #382 Posted: Tue Oct 18, 2011 8:01 pm Post subject: |
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vinay28 wrote: | Vinst, your single minded dedication to this strategy is remarkable and so are your regular posts to keep everyone update.
I have, however, one doubt, only because I don't understand any strategy except perhaps avinash's simple one. Notwithstanding the fact that you are making profit with a good success ratio, I find that your SLs are too far away. Is there any way you can reduce that difference, by twicking the strategy? Take your time to ascertain this possibility even if you have to try it 108 times.
Good luck! |
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freedom White Belt

Joined: 06 Jul 2011 Posts: 126
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Post: #383 Posted: Tue Oct 18, 2011 8:21 pm Post subject: |
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We don't need to worry as Vinst is the King of Good Times so he will certainly try it more than 108 times.  |
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grizzlybull White Belt

Joined: 26 Sep 2010 Posts: 80
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Post: #384 Posted: Tue Oct 18, 2011 8:29 pm Post subject: |
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vinst, what system are you using? the same as the topic starter or a modified version? thanks. |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #385 Posted: Wed Oct 19, 2011 9:04 am Post subject: |
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freedom wrote: | 108 times.  |
Bhaago,
Bhoot aaya !! |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #386 Posted: Wed Oct 19, 2011 9:05 am Post subject: |
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grizzlybull wrote: | vinst, what system are you using? the same as the topic starter or a modified version? thanks. |
It is not the same as that given by thread starter. |
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freedom White Belt

Joined: 06 Jul 2011 Posts: 126
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Post: #387 Posted: Wed Oct 19, 2011 9:31 am Post subject: |
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vinst wrote: | freedom wrote: | 108 times.  |
Bhaago,
Bhoot aaya !! |
Hahahahahahahahahahahahahahahahahahahahahahah  |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #388 Posted: Wed Oct 19, 2011 10:13 am Post subject: Re: my 30min system |
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vinst wrote: | trade # 9: go Short at cmp 5025 |
reversal SL at 5170 |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #389 Posted: Wed Oct 26, 2011 3:02 pm Post subject: Re: my 30min system |
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vinst wrote: | vinst wrote: | trade # 9: go Short at cmp 5025 |
reversal SL at 5170 |
trade #9 was reversed to long at 5170 on 25-Oct.
status at completion of 9th trade
Short trade closed 5025-5170 = (-)145
cumulative till now : (+) 152
Trade 10 is now long. |
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vinst Black Belt

Joined: 09 Jan 2007 Posts: 3303
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Post: #390 Posted: Fri Oct 28, 2011 10:27 am Post subject: Re: my 30min system |
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vinst wrote: | vinst wrote: | vinst wrote: | trade # 9: go Short at cmp 5025 |
reversal SL at 5170 |
trade #9 was reversed to long at 5170 on 25-Oct.
status at completion of 9th trade
Short trade closed 5025-5170 = (-)145
cumulative till now : (+) 152
Trade 10 is now long. |
NF Long: book profit if NF falls below 5340. no shorting. |
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