WD Gann on ‘Profits’
"You must always learn that normal profits must be accepted in normal markets, and in abnormal times you can try for abnormal profits, but protect your trades whether they show profits or not, with stop loss orders, and be ready to change your mind when conditions change."- WD Gann
Since the last two days, we are witnessing a quick Rise & Fall moves in our market, and these are the times when one can make the right amount of abnormal profits.
The below charts of both Nifty & Bank Nifty Index are showing where there was a good chance for entering & making abnormal profits. As the condition of the market changes, we should be ready to change our way for flowing with the wind.
The Framework of 'Abnormal' Profits
Intraday trading is one of the toughest & easiest domains of our trading world; toughness arises when we attach Emotion Greed & Fear to our trades, in short, that is the part of trading psychology which varies from trader to trader, a sharp & proper mindset is a must for doing day trading.
Easiness arose for those who are well sounded by the Knowledge & ready to take action as system shows, without unfolding any second thought in mind.
Our ‘Kinship’ Trading Method is one of its kinds trading method, which offers excellent price, turns in day trading.
Yesterday after a quick fall, our 'Kinship' trading method helped us in locating excellent entry point for Buying & today it again gave us a winning spot for selling. If you are seeking such profitable possibilities for your day & swing trading, then you must have a look at our then you must have a look at our unique course offerings. – Divesh