iCharts Discussions

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

rakpeds,
your data is matching with mine. at completion of 14:00 bar, bearish signal appeared. But I haven't said that trade should be closed in the very next candle.
instead, we look to the left side and for nearest pivot low is 5381 which is not yet covered by price. hence, TSL was set for 5370.
Actually, 5370 should be also shorting level. I did not have complete info with me when i posted 5370 message.

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

rakpeds · White Belt Joined: 24 Jun 2012 Posts: 481

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

short was entered on 27-Aug-2012.
outcome of previous long trade : 2*(5370-5252) = (+) 236
cumulative since July 2012 : (+) 1334 + (+) 236 = (+) 1570

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

graphical representation of returns as per posts in this thread based on 30min sytem

bpsingh · White Belt Joined: 16 May 2008 Posts: 54

I have gone through all the posts of this topic. It was initiated by Vijay Kannan who left it without taking his system to its logical conclusion. Then Rahul Sharma also gave his system 3/34. You have been associated with this topic right from beginning. You introduced your own system (you may have leant from someone else, but for this forum you are the source) of 4/17/34. Your tenacity and spirit in continuing the thread, in face of some reckless criticism also, is amazing. Hats off to you.
It is now more than a year since you have been using the system. Did you at any time felt that it will not work? Have you made any modifications since you started? Some other questions if you don't mind answering - Are you trading full time or are doing some other business/job also with trading? You have posted about 27-28 trades so far - have you actually traded all these?

Thanks. thanks

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

bpsingh,

thanks for your appreciation. I am not a full time trader. no changes have been made to trading method outlined here last year. I have traded most of the triggers sent here.

One funny thing: you appreciate that method has been shown to make profit by giving advance calls. still you have asked whether I have traded these or not. What difference would it make if i had not traded any of my calls?

we all come to such forums looking for beneficial trading methods. when we see such methods, we (why ?) become suspicious and start asking whether the other person traded the same Confused

bpsingh · White Belt Joined: 16 May 2008 Posts: 54

vinst
Thanks for your reply. There is nothing funny, atleast from my side, about asking whether these were paper trades or actual trades. It is my personal experience that trades which look rosy on paper are actually difficult to execute in realty due to various factors including emotions, specially fear & greed. A trade can move well on paper but when real money is involved things are different. I can, if you so wish, go on to elaborate to try to convince you that there IS difference between paper trades and reality. So please do not get offended where none was intended.
This thread is a live example of some of the qualities for successful trader - tenacity and perseverance - in belief of a method.
Thanks.

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303

vinst · Black Belt Joined: 09 Jan 2007 Posts: 3303