Lots of queries, lots of emails and lots of discussion coming around the Order Flow systems we are employing in the Vtrender trading room.
A trader's forum has people inquiring about an "afl" for the system and elsewhere people are comparing it to moving average crossovers and what not.
We are amused.
We reserve our comments, happy in the belief that our traders are finding a way to "kick the habit of losing money in the markets".
I'm not even worried about the rate decision tomorrow. I'll buy the blue and sell on red.
The Nifty chart gave 5 trades today :
The bank Nifty chart was a simple sell at the morning, with a small whipsaw in the afternoon.
The 5 trades in the Nifty would have given you 80 + points today, enough to pay for an entire month at Vtrender !
The bank Nifty would have paid for a quarter with over 400 points on 1 lot.
Even if you trade one signal a day, rest assured you would not lose your subscription amount to Vtrender.
But then if you want to sit on the fence and keep analyzing, will you ever trade?
Wednesday, December 15, 2010
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7 comments:
Very interesting presentation.
Looks like you people have got yourself close to the holy grail of intra day trading.
LOL :)
The only holy grail I know of is the one between our ears.
Rajshri, the system is all about knowing when to take a right trade or pass it, managing it and staying with it.
If you get those three right, you need nothing else.
@ Viren,
Well Put.
take the right trade, manage it and stay with it
Could not have said it better.
Thank You
Valid points, Viren.
Have a nice day!
This is nothing, but you are just using StackTrade system for Tradestaion, there's a another system called Nexgen it also uses triger lines quite close to it, what you are using, any how, Nice show
Puneet Jain
CFTe - IFTA
Puneet,
I've used Nexgen t3 on TS. It produces far too many signals all based on fibo for which you do not need a software. even Ami can give your those.
Besides, the charting software in the above charts is not trade station.
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