Comment on Mr Consistent returning incredible returns

vicky commented on 28 Dec 2013, 02:25 PM

Hi Madan,

First of all, thanks a lot for your candid replies in this blog. I have three question.

a) How much is you trading based on mechanical approach (based on 10 minute swing pivot, support/resistance) and how much is based on your experience (of seeing particular setup/pattern earlier)? To be consistent, is it your experience playing out or your set of trading rules? For example, in my case, if I try to enter short based on my system, but if I see asia market closing strong and the US market futures in the green, I do not take short. Similarly, if the market is in 30-40 points whipsawing, I ignore the signals and move to the higher level pivot.

b) Also, how much time are you in the market? Does it happen that you are waiting for 2-3 trading days or more for your proper entry?

c) Since you deal in NF as well as in BNF, which one do you find better? Did you start with both the markets from the beginning or added NF or BNF later?


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