Tom de mark sequential monitor for nifty50 stocks

[HappyLife]

Vivek ka bhel :yahoo:
opening bar breakout / prev day low anything …….. 6000 / 7000 minimum …
never do kanjushi in giving credit to yourself whenever you are right …..

 

[rjshem]

This man here claims to have backtested Demark indicators and appears dissatisfied.

Lots of praises and only few negative views can be seen online but not much in way of tested/validation is available.

No system method will give 100% and making profits is more than method it depends a lot on ones discipline in ability to execute his trading plan regularly .many hedgefunds traders trade with methods giving just 40% win rate and still make good profit. Ultimately what matters is how much u make in ur winning trades compared to ur losing ones.

 

[vivektrader]

Grasim Sell CD13 complete with qualifiers.

 

[C_R_Kumar]

No system method will give 100% and making profits is more than method it depends a lot on ones discipline in ability to execute his trading plan regularly .many hedgefunds traders trade with methods giving just 40% win rate and still make good profit. Ultimately what matters is how much u make in ur winning trades compared to ur losing ones.

What is said is full true and it is doubtful that a market person would be testing a system expecting 100% winrate. His 'dissatisfaction' must be because he couldn't locate any edge. And he may be wrong. Every system is not meant for everybody.

My idea for such posts is, when we are checking out a system we should keep eyes open to both criticism and praise. This will keep us balanced.

Thanks

 

[vivektrader]

Shorted NF today afternoon, after CD 13, not all qualifiers are met though.
Bias also based on inability of nifty to close higher for last 4-5days.

Vivek

 

[vijkris]

Shorted NF today afternoon, after CD 13, not all qualifiers are met though.
Bias also based on inability of nifty to close higher for last 4-5days.

Vivek

Swing or intraday ?

 

[vivektrader]

Swing or intraday ?

Swing bhai, the stop loss involved was less scary, entered today, let's see.

Vivek

 

[travi]

Swing bhai, the stop loss involved was less scary, entered today, let's see.
Vivek

Nifty is now like a ticking time bomb with negative bias
How many pts SL have you calculated bhai?

 

[vivektrader]

Nifty is now like a ticking time bomb with negative bias
How many pts SL have you calculated bhai?

@ 8953, let's see....

Vivek

 

[TraderRavi]

@ 8953, let's see....

Vivek

123/153 point SL ?
seems big