...Volatility is Profitable, But, only when you have a Proper Trading Plan
The volatility in the markets always gives birth to opportunities. But, such days also gives birth to the fear of Losing capital or money.
The best way to deal with such a situation is to be ready with your Trading plan & levels. Planning is the most crucial factor in trading.
Below Nifty Intraday charts will show you two example of a proper trading plan of the Election Result Day Intraday Trades.
On the 23rd May Election Result Day
Election Result Day Intraday Trades. Nifty open gap-up with the reports of BJP wins, but soon it made the top & starts correcting.
Now here Proper Trading plan can only help the one to know where he can Exit from Buying side or can look for the Selling opportunity.
Our premium trading method ‘True Market Rhythm’ helped us to locate exact Price point.
For making the Short-side entry & by the end of the trading, it was almost 250 points gains.Well, 250 points gain & that too in few hrs of trading, means a lot for day traders.
Our Plan was simple, as our ‘True Market Rhythm’ method will alert with any Signal, will take action into that direction.
Now let’s see the chart of 24th May
Nifty opens with few points of gap & soon it gave up all those gains.
As time progress, it moves in the Positive area & again, our Unique method ‘True Market Rhythm,‘ gave us an excellent signal for taking Long positions in the market.
Here again, our Trading plan was simple & fix like 23rd May, as we get the signal, we took action to ride the trend.
This opportunity until the end of the day gave almost 150 points profit. It was again remarkable gains by employing a few hrs of trading.
Overall in two days, it was an opportunity for you also to make 350-400 points profit & that too by spending only a few hours.
We all know day-trading is the toughest job.
But one can make it easy by applying the Extraordinary & Rare trading tools & techniques.
It will help you in understanding the market sentiments, in very Unique way.
After that we can easily make our trading plan for gaining desired results. – Divesh