tag:blogger.com,1999:blog-441270257889145227.post5846678356405440658..comments2023-06-23T20:15:22.157+05:30Comments on Nifty Nirvana: 23012014SMART Traderhttp://www.blogger.com/profile/15315918975356032072noreply@blogger.comBlogger29125tag:blogger.com,1999:blog-441270257889145227.post-46310501551318508412014-01-24T17:41:58.562+05:302014-01-24T17:41:58.562+05:30trolls will be trolls.
thanks for taking time to ...trolls will be trolls.<br /><br />thanks for taking time to reply so many questions. <br />If it ever becomes too much please consider replying only to some questions / reducing post frequency rather that stopping altogether<br /><br />SSAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-21989720639930178402014-01-24T14:56:55.967+05:302014-01-24T14:56:55.967+05:30@GV
Just based on DP method now I am holding shor...@GV<br /><br />Just based on DP method now I am holding short from 6330.<br /> <br />That's the magic<br /><br />You were talking about present discretion's but some of my own! <br /><br />RaghuAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-2514953040394026732014-01-24T13:43:02.613+05:302014-01-24T13:43:02.613+05:30TBP
People preach not to search for the Holy Grai...TBP<br /><br />People preach not to search for the Holy Grail but go on doing the same. <br />If anybody could find such a method ,he will own the entire planet in no time.It just cant happen as it is against the laws of the universe. <br /><br />ST<br /><br /><br /><br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-6324389763700077042014-01-24T13:06:28.114+05:302014-01-24T13:06:28.114+05:30Hi ST,
I am writing this comment as a supporter o...Hi ST,<br /><br />I am writing this comment as a supporter of DP trading.<br />I have been trading this method from the past 2 months.<br />I have found that DPT makes one less anxious. Even before getting into the trade one can know the SL and the first target.<br />Initially looking at ur charts, I thought I would I trade without any indicators.(I used MACD).<br />Now I dont use any indicator and to good effect.I love my charts to be clean now only with appropriate horizontal lines.<br />Never ever did I think that DPs would make so much of sense.<br />DPs work like charm and the only one to sabotage that working is we ourselves.<br />Even with DP trading I have made mistakes while trading which I could have avoided but the cost now is very less.<br />I dont think I am going to leave this method as long as I am going to trade. <br /><br />A BIG THANK YOU for your work and devoting ur precious time towards trader development.<br /><br />May GOD BLESS YOU always!!!<br /><br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-10227049367004555262014-01-24T11:50:20.260+05:302014-01-24T11:50:20.260+05:30GV
Thanks for the comment
1.This is a pure discr...GV<br /><br />Thanks for the comment<br /><br />1.This is a pure discretionary method of trading. Trading methods evolve over time and many tweaks to correct the weakness may be required.How many is too many?<br />2.The method has its own weaknesses and drawbacks. I am well aware of them and I never wanted to cover it up. So many times I have openly admitted about the inability to deal with Barbed Wires and Channels. <br />3.For your information trap is not a word but a pattern called TRend Acceleration Pattern(Called TRAP in short)<a href="http://niftynirvana.blogspot.in/2014/01/trap.html" rel="nofollow">Click to read</a><br />4.TRAP is not my brain child. It was a contribution from a serious follower of the blog MR.U R Dave.He made a guest post here to get some feedback.Go through the comments and find out if there is any worthy contribution from the readers side.<br />5.I have introduced a tactics called Sniper Shots to solve the problem of price bouncing from FTA.<br /><a href="http://niftynirvana.blogspot.in/2013/10/sniper-shots.html" rel="nofollow">Click to read</a><br />Notice the feedback from readers.<br />6.If I can develop a method up to this level from zero, I am confident that I can refine it further and solve the drawbacks on my own <br />7.I am under no compulsion to share my observations here. I have not collected any money from anybody.Just a mouse click is enough for Nifty Nirvana to vanish from public domain.<br />8.So much of my quality time is being spent on answering comments and replying for mails.If you cant appreciate it, no problem.I am internally motivated.<br />9.I never claimed to be a great trader.Time and again I have made it clear that I am still a single lot trader and a work in progress. But I trust the method and have quit a cushy well paid job I could have continued for another 11 years to chase my dreams.<br />10.The method has holes in it and I am trying to plug them one by one.There will be more and more discretion.If you cant tolerate it, you are under no compulsion to follow this.<br /><br />ST <br /> <br /> SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-15704701992895072792014-01-24T09:20:40.578+05:302014-01-24T09:20:40.578+05:30Hi ST,
now a days too many discretion's
you ar...Hi ST,<br />now a days too many discretion's<br />you are using new words like trap to cover the draw back of the system as you said no static hedge<br />GV Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-88953801113439755472014-01-24T08:54:53.757+05:302014-01-24T08:54:53.757+05:30Anoop
I do not care about these numbers at all ot...Anoop<br /><br />I do not care about these numbers at all other than BRN. While trading I remove even the grids.For me trading is a visual process just like playing a video game<br /><br />Life is not trading alone. I cant sit in front of the computer till midnight<br /><br />ST<br /> <br /><br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-36787680844496967202014-01-24T08:47:08.469+05:302014-01-24T08:47:08.469+05:30SS
Thanks
I have listed all the important posts at...SS<br />Thanks<br />I have listed all the important posts at the bottom. All important posts are separated and given under sub headings "Rants and Raves" and "Structure and Patterns"<br /><br />ST <br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-17933899501533647032014-01-23T23:43:52.819+05:302014-01-23T23:43:52.819+05:30sir, kindly publish today open-high-low and close ...sir, kindly publish today open-high-low and close with chart ANOOP.AVnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-79325269807903840172014-01-23T23:38:36.701+05:302014-01-23T23:38:36.701+05:30sir, why you don't trading on commodity with ...sir, why you don't trading on commodity with this technical tools .....?ANOOP.AVnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-8674198996548114872014-01-23T22:49:49.381+05:302014-01-23T22:49:49.381+05:30Congrats ST! I'm really happy that your hard w...Congrats ST! I'm really happy that your hard work is helping out so many new traders. Fantastic job! <br /><br />One suggestion - please see if you can put a link to important posts so that you you don't have to do it every now and then.<br /><br />Thanks and regards,<br /><br />suinl saranjameSunil Saranjamehttps://www.blogger.com/profile/03965099584244733042noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-16093720605248987242014-01-23T19:25:54.834+05:302014-01-23T19:25:54.834+05:30Sir, Thanks for understanding my position and sugg...Sir, Thanks for understanding my position and suggesting the way out. I am really touched by your care.<br /><br />I will read, grasp, follow and become a better trader. No words to express my gratitude.<br />S.Karthikeyan<br />nifty for breadhttps://www.blogger.com/profile/02415575279535390307noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-58155794790754701792014-01-23T19:04:21.633+05:302014-01-23T19:04:21.633+05:30Hi ST
Thanks for Scratch and win post.
Need of th...Hi ST<br /><br />Thanks for Scratch and win post.<br />Need of the hour where no trade is trending<br /><br />TBPAnonymoushttps://www.blogger.com/profile/14731335637770891761noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-60062690460625923132014-01-23T19:02:27.901+05:302014-01-23T19:02:27.901+05:30sir,very very thanks for your valuable advicesir,very very thanks for your valuable adviceANOOP.AVnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-17707036039987336862014-01-23T18:57:00.762+05:302014-01-23T18:57:00.762+05:30Sir,
It look like you said "Learn to trade s...Sir,<br /><br />It look like you said "Learn to trade short term ranges" to me.<br /><br />Lack of focus and space a unproductive combination.<br /><br />Could not even pull the trigger.<br /><br />Raghu <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-18257223410405321822014-01-23T18:34:29.814+05:302014-01-23T18:34:29.814+05:30SK
Read
http://niftynirvana.blogspot.in/2013/01/...SK<br /><br />Read<br /><br />http://niftynirvana.blogspot.in/2013/01/scratch-and-win.html<br /><br />http://niftynirvana.blogspot.in/2013/06/re-read-and-rediscover.html<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-53180014267655201412014-01-23T18:17:45.133+05:302014-01-23T18:17:45.133+05:30Sir, I should have observed the price action inten...Sir, I should have observed the price action intensely, as it encountered Range high and swiftly acted to get away with minimum profit or minimum loss. Thanks for the clarification.nifty for breadhttps://www.blogger.com/profile/02415575279535390307noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-7049194968254116152014-01-23T18:15:07.565+05:302014-01-23T18:15:07.565+05:30ST,
All my trades matched with urs except one ......ST,<br />All my trades matched with urs except one ...<br />I thought there was a TRAP pattern as the MSP was broken at the second attempt at PDC around 11 30 and went long on the next BO<br /><br />rgds<br />Kishore Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-49149389717255610252014-01-23T18:12:48.273+05:302014-01-23T18:12:48.273+05:30SK
The logical target of every trade is FTA. Here...SK<br /><br />The logical target of every trade is FTA. Here it was the range high flip. Price went exactly where it was supposed to go and bounced. <br /><br />We are acting on the available information. Reality can be different many times. If price is not moving as expected, simply get out without much damage and look for the next opportunity<br /><br />ST<br /><br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-84765466511664633662014-01-23T18:02:56.286+05:302014-01-23T18:02:56.286+05:30Devan
Darvas Boxes are tradeable.He made millions...Devan<br /><br />Darvas Boxes are tradeable.He made millions with these boxes.These boxes are nothing but ranges formed between support and resistance<br /><br />Unfortunately people do not like to use their brain and think. They are in search of AFL to plot PDH and PDL.<br /><br />ST<br /> <br />SMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-68268346273812099702014-01-23T17:52:31.620+05:302014-01-23T17:52:31.620+05:30Anoop
Identify the BO location early. Enter a Sto...Anoop<br /><br />Identify the BO location early. Enter a Stop loss limit order and sit tight till breakout happens. If BO fails just get out with minimum damage<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-39151400627177469782014-01-23T17:50:33.908+05:302014-01-23T17:50:33.908+05:30Anoop
Why you made 2 point loss. Trade moved in y...Anoop<br /><br />Why you made 2 point loss. Trade moved in your direction and very slowly retraced. You had enough time to exit at a small profit<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-62134217599106094722014-01-23T17:43:16.846+05:302014-01-23T17:43:16.846+05:30Amber
13.12 candle low is MSP
TRAP is the BOF of ...Amber<br /><br />13.12 candle low is MSP<br />TRAP is the BOF of this MSP<br /><br />STSMART Traderhttps://www.blogger.com/profile/14887444265368148081noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-51615816680823064712014-01-23T17:27:26.118+05:302014-01-23T17:27:26.118+05:30Sir, There was very good volume at BOF of PDH and ...Sir, There was very good volume at BOF of PDH and I thought that sufficient number of traders were trapped and the resultant momentum will take the price down to PDC at least.But the previous Range or swing pivot blocked the move. What was wrong with my thinking and how I could have avoided this trade? <br />S.Karthikeyannifty for breadhttps://www.blogger.com/profile/02415575279535390307noreply@blogger.comtag:blogger.com,1999:blog-441270257889145227.post-36304634234549616912014-01-23T16:36:30.255+05:302014-01-23T16:36:30.255+05:30Hi,
These Ranges remind me of Darvas Boxes but C...Hi,<br /><br /> These Ranges remind me of Darvas Boxes but Colored ones !! <br />Easy to understand for us! <br /><br />Thanks..<br /><br />Deven MalhotraDeven Malhotrahttps://www.blogger.com/profile/10819749594539967646noreply@blogger.com