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Old 18-11-2014, 11:14 AM
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Disclaimer: This is based on my trading experience. Reader may or may not agree with my experiences.

Few of my readers wanted to follow my trading method, so I decided to post my levels.

But before any of my reader decides to act on my level, he/she must understand the following typical characteristics of my trading system (based its historical performance in last about 2 years).

Day traders and Part time traders will be happy with the following traits

1. We are always in the market and so we do not feel left behind. Lot of wrong entry (especially in day trading) happens when a trader feels that he is left behind and then end up buying or selling very late.

2. Most of the days, I need only 2 minutes of 'active' screen time in the morning 9:15 am to put our SAR trades and the alerts. Once my SAR hits, I need another maximum 15 minutes of 'active' screen time to put new SAR level. In rare cases (normally once a month), I need another 15 minutes of 'active' screen time.

3. I was able to run this system when I was working full time as I could feed the orders before leaving for office or through my phone application.

4. I do not worry about slippages as my trades are very few. (12 - 15 per month)

Day traders and Part time traders will find the following traits challenging and so this is the real checklist to find if you are ready to become positional trader

1. Win ratio is around 35% and so, most of my trades end up giving losses. Will you be ok to see about 14 trades out of 20 give you losses?

2. My system is very boring. Will you be ok if you do not get the 'video games' kind of kick or excitement?

3. My system has given upto 12 consecutive loss trades and upto 300 points of consecutive loss. Theoretically, my system can give many more consecutive losses. Will you be ok if you start following me and get these 12-15 consecutive losses resulting in 300-400 points of loss? Will you confidence in my system not shake? Worst case would be if you confidence is shaken and do not take the next trade which could give 300+ points and wipe out all the losses.

4. My initial SAR is sometimes as far as 180 points. Although it is very rare that my initial SAR is hit, but is a possibility.

So, if you decide to follow my method, please do it after paying attention to the above points. Most importantly, do not follow only for few trades or for one month. You need to follow my levels with small quantity ( 1-2 lots) at least for 6 months and then judge its effectiveness. Also, my method is so simple that, by following my levels, you will be able to figure it out or at least be able to make another similar method and make money even with larger quantities for many more years to come.

Note:- Trading is risky and my method or levels does not guarantee profits.
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Old 18-11-2014, 11:17 AM
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Hello Praveen, based on my system, SAR changes everyday. please follow for few days to understand my system better.
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Old 18-11-2014, 11:21 AM
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Originally Posted by ResoTrader View Post
Hello Praveen, based on my system, SAR changes everyday. please follow for few days to understand my system better.

Bro I am a khichdi trader and Follow only Guru Ghantal inside me just visit most threads to see how is everyone doing sorry
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Old 18-11-2014, 11:27 AM
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Praveen, do not underestimate yourself. we all have a humble start
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Old 18-11-2014, 03:06 PM
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SAR for 19th nov is 8432 for the Nifty futures long taken on 17th nov at 8430
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Old 19-11-2014, 08:32 AM
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SAR for today is 8432 for the Nifty futures long taken on 17th nov at 8430. please check back within 5 minutes if this SAR is hit during the day.
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Old 19-11-2014, 09:21 AM
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looks like it will be hit today
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Old 19-11-2014, 09:48 AM
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just making conversation. u won't see me again

Last edited by dumbtrader; 19-11-2014 at 10:45 AM.
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Old 19-11-2014, 10:23 AM
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SAR is at 8448
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Old 19-11-2014, 10:28 AM
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Dumbtrader, if you are here to follow my system, please follow. If not, please delete your post and leave the thread.
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