The money makers (Profitable traders) don’t Pre-determine the trend of markets in advance. They don’t have interest whether the market will reach 10500 or 11500 levels first.
They make their positions where money is flowing. If money is flowing on buy-side; they will Locate the distinct opportunity on that side, the same apples on sell-side.
There alone point of interest is ‘Money’. To achieve these goals, they develop flexible methods for timing the markets to catch the peak number of points of the flow.
The ‘TREND SQUARE’ technique is the secret weapon of Money makers.
It wipes out the confusion of TREND side-by-side it also Locates the proper entry point with superb timing.
Let’s take the example of today’s market.
The Nifty Index opened gap-up. And moved upwards; Money makers locate the entry point of that rally for making position.
Market on higher levels enters the range. That doesn’t matter to Money maker traders; because there approach is flexible enough to keep them intact with the market flow.
Later, Index moved higher to their exit points, and they close their positions in the profit. Is int simple???
The real thing which matters the most in markets is our approach and how we re-act when the opportunity came in front of us. As flexible as our approach will be, the more chances of profitability will increase.
Don’t rush behind the market movements blindly; learn to align your trades with the market's flow. That’s the only way to grow and achieve success in the trading business.- Divesh.