Dear Kindman,
1) Dr Alexander Elder's way of trading is not/cannot be considered as the fool proof way of trading. May be it is the Holy Grail for some people. So its not mandatory on the part of Anantji to Implement it.
2) I agree the Trend is the friend. Its nice to be on long side, when the Global cues are strong or on up move, but that does not imply that it suits the entire group stocks governing the index. Say if the "SPECIFIC RISK" ASSOCIATED WITH A PARTICULAR scrip in that index is weak, then there is nothing wrong in going SHORT AGAINST THAT SCRIP.
3) Finally, KINDMAN, i feel that your ENGLISH IS NOT BAD, excepting for a different kind of feeling that ran through my spines.. when i read, " ITS ABSOLUTELY RUBBISH". Just as you, friend, me too reflected on your views and nothing personal.
Regards
Saivenkat
1) Dr Alexander Elder's way of trading is not/cannot be considered as the fool proof way of trading. May be it is the Holy Grail for some people. So its not mandatory on the part of Anantji to Implement it.
2) I agree the Trend is the friend. Its nice to be on long side, when the Global cues are strong or on up move, but that does not imply that it suits the entire group stocks governing the index. Say if the "SPECIFIC RISK" ASSOCIATED WITH A PARTICULAR scrip in that index is weak, then there is nothing wrong in going SHORT AGAINST THAT SCRIP.
3) Finally, KINDMAN, i feel that your ENGLISH IS NOT BAD, excepting for a different kind of feeling that ran through my spines.. when i read, " ITS ABSOLUTELY RUBBISH". Just as you, friend, me too reflected on your views and nothing personal.
Regards
Saivenkat