Dear Friends
I am very happy to note that many of the regular readers have given their feedback.Thanks a lot.
I have noted down all your suggestions and I will try to implement them wherever possible. Let me share the details with you.Please do Click here to view the spread sheet
Thank you very much for the support. Your feedback, suggestions and comments have helped a lot in the evolution of this method. Your continued patronage is a vital part of this growth and for that I am most grateful.Thanks again.
SMART Trader
The best thing that could have ever happened to me... is this blog..
ReplyDeleteThough I don't trade exactly as you do, but the concepts that I have learned here is just too good.
Hi ST,
ReplyDeleteI would agree with TradeIntheZone, the best thing that has happened to me in trading is this blog. I am trading purely DP method, I make many mistakes but I am also learning every day from you. I try to use all your concepts.
Sir,
ReplyDeleteAdmire your patience in answering all queries.
Also, thanks for sharing your years of hard work with us, expecting nothing in return.
Thanks,
Prakash
ST,
ReplyDeleteYour blog has been very helpful in my development as a trader. It has simplified trading by reducing a whole lot of variables/parameters.
Thanks,
DM
ST,
ReplyDeleteYou may want to mention in the post that the feedback form is embedded and visitors cannot see it unless they are logged into their Google account.
DM
Thanks. Done
DeleteST
I have said it earlier, and I will say it again... this is the best trading blog that I have ever come across.
ReplyDeleteSir,
ReplyDeleteLearning still goes on. Here thanks to yourself, we can know our mistakes on the same day. Hopeful that, anyone willing to stay put, so long as it takes to grasp this concept will definitely start earning after the learning curve is completed.
As you mention frequently, this method is full of subjectivities and hence the traders need to develop the necessary descretion, which can not happen over night or weeks. That is quite understandable, because any successful strategy must be flexible enough to cope up with the ever changing Market.
The other so called mechanical strategies for day trading, (which can be learnt in no time), I had tried were utter failures. That makes me comprehend the fact that it is not that easy to develop a strategy which will take care of all the twists and turns of intra day moves. Hence it is only natural that any proven strategy for intra day trading can be mastered only after spending the time and energy, needed.
Thanks for sharing with us the fruits of years of hard work. Now we have yourself and a few other seniors to guide us. Still I found the going tough. Could not imagine how much you would have endured, when you developed this wonderful concept.
Once again thanking you,
S.Karthikeyan
Sir your analysis and teaching methods are simply the best thnx
ReplyDeleteHi ST,
ReplyDeleteQuantum Physics says that 'whatever the observer expects to see, he sees'.
NiftyNirvana is what I was looking for. Simple, crisp and No-Nonsense daytrader paradise.
Thank you for all the efforts and time which you are putting for guiding us all. Hats off to your patience for answering and explaining the most basic fundamental with charts and redrawn charts. How much I wish that you teach DP trading in schools and colleges as a part of cirriculum.
I had a thought in my mind: Even though you trade only Nifty, the concepts can be applied to any liquid istrument, so how about targeting other market traders... It could be a S&P e-mini trader or a Japanese trader. What special efforts can be devised and how could the regular readers of this blog help.
A big Thank You!!
TBP
ST Sir,
ReplyDeleteYour method and blog has given me the confidence that I can trade to live and still survive. I came across your DP system at the right time when going through a mid-life career crisis with a big question mark hovering over my head.
Thanks and Regards,
KSG
Hi ST,
ReplyDeletePlease accept my dakshina .I would have loved to meet you and offer you my dashina o this auspicious day
..Thank you for your teachings
http://www.mamadeva.com/media/catalog/product/cache/1/image/d1eeb9ab675959a226cfd51daf82850d/d/a/dakshina.png
thanks n rgds
Kishore
ST sir
ReplyDeleteIt is very helpful and my trading is better now i think for day trading or any trading other knowledge of charts is also nececery
then it becomes easier to under stand why to avoid some trades sometimes
But i want to know if we can filter the 3min chart in 1 min chart just before entry will it be useful or not
please do answer me
regards
sunil minz
sir
ReplyDeletecan anyone filter the moves before taking position with one minute chart
please do answer
regards
Thanks for your guidance ,mentoring and continuous effort for improving our trading .Most important aspect of your guidance is that you always encourage to " Stand Up For Yourself " and not to depend on others.
ReplyDeleteHats off to you ST Sir.
ST sir,
ReplyDelete"Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime." Nifty Nirvana has made this proverb correct in a real sense.
I thank you for teaching me the real daytrading. You made this very difficult part of trading to very easy by your DPs.
I believe the day is not too far when millions of traders would trade with the DPs successfully. DP trading will become more popular than the methods like Elliott waves, Gann, Fibonacci, etc. I am sure it will one day.
Thank you a lot.
URD
This comment has been removed by the author.
ReplyDeleteDear ST,
ReplyDeleteMany thanks for your blog. I stumbled across your blog sometime in the end of last year and since then have been a regular follower. I had tried multiple trading strategies before that, but since January I have stuck to DP trading. I am a slow learner, am still making losses, but I have a strong feeling that it is only time before I turn profitable. I have even started my own blog (although it has been some time since I last updated it). I hope you will continue to guide in the future also. All the best !!
Dear Niftynirvana,
ReplyDeleteGreetings for your great success so far. Well sir currently I am working on a project for simplifying Trading. I am analyzing the Phenomenon of successful traders who are very generous to share their wisdom with others to help majority of people which are in real need.
So, This is an appeal to you for the contribution of your valuable information:-
Q.1. What charting software do you use for the real time trade. Whether its a broker provided platform or any other. If other then why you do not use broker provided?
Q.2. Which data feed do you use for charting software. Whether Its free or Paid. If free how you set up that ?
Well the motive behind these question is that I am aware with your trading Method but I don't know about the tools, application, software etc you prefer. These information can help me a lot for judging the current scenario of a successful trader's mind.
I hope I make my self clear that what I am looking for. As I already told you about my weak English in one of the comment on your blog.
So, please acknowledge as soon as possible with your kind support, guidance and help.
--
Thanks & Regards,
Tribhuwan Singh Kirola,
(www.tribhuwankirola.in)
Thanks for the visit and comment
Delete1.I am using web based charts from Icharts.in. Trading platform i use are not very good at charting
2.I don't want to set up and maintain these things. So opted for web charts which is enough for my kind of trading
ST
Dear ST,
DeleteGreat respect for you sir, As you giving your valuable time for other's. This wise and honest word from you mean lot's for me. "A great master always keep thing in simple way".
Thank's for your kind and quick response.
God Bless!
Thanks & Regards,
Tribhuwan Singh Kirola,
(www.tribhuwankirola.in)