Following is a query that we received on email recently, and we think for all followers of this site might benefit with the reply. Please go through the reply, and if you have any doubts, feel free to contact us.
Query 1: Subject: Wrong Buy-Sell signals of your Nifty Live charts.. After giving a sell signal at around 1:00 pm. the market went reverse..
Query 2: Subject: Buy Sell signal delayed. The sell signal was given late by half an hour today. Instead of 12:30 it generated at aroung 1:00 p.m.
REPLY:
Hi,
Thanks for writing in. We will look into your observation of signals being produced late. Sometimes, the chart may appear delayed during fast movement of the market, as it gets refreshed every 1 minute, whereas the price may move much during that time. However, that delay should not be more than 1-2 minutes, and it should also not affect the trading, as the Buy/ Sell price confirmation on candle closing price, which is a 5 minute candle. However, if it is getting delayed more than that, then there might be a problem and we will rectify it.
Regarding your second observation of wrong buy/sell signals, we accept that this is a loss making month for the Live Nifty Charts, and same is depicted in our performance also. However, it is not fully unexpected, as this month is coming after 4 continuous months of bumper profits. We had expected the same and posted a message for the same in chatbox on April 10th.
Please note that the best way to follow this system is to take each trade following either the “Safe Trader” method or the “Risky Trader” method given in the FAQ section. Apart from this, we also try to share our insights from time to time in the chatbox. These Charts have been running for almost an year now. During the past year, if followed with discipline, these charts would have easily more than doubled the money of traders. You can go through the posts we made on theconsolidated performances in the following links:
Hence, we would recommend you to observe the system for sometime, and when you have enough faith, trade with utmost discipline on the signals. Only then will the Performance that we track, and your actual Bank Balance will match with each other.
Happy Trading!
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