WD Gann Comments 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.”
Since the last two days, we have witnessed a Quick Rise & Fall move in the Nifty and Bank Nifty Index, and these are the times when one can make the right amount of abnormal profits.
The below charts of both the 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 of flowing with the wind (trend).
The Framework of Abnormal Profits
Intraday trading is one of the toughest & easiest domains.
A toughness arises when One Attaches Emotions like Greed & Fear to trades. That is part of individual trading psychology and varies from trader to trader. A sharp & proper mindset is a must for doing day trading.
Easiness emerged for those who are well sounded by the Knowledge & Ready to Take action as the system shows, without unfolding any Second thoughts.
Our ‘Kinship’ Trading Method is one of its one-of-a-kind trading methods that offers Excellent price turns in day trading.
Yesterday, after a quick fall, our ‘Kinship’ trading method helped us locate excellent entry points for a buy trade & today, it again gave us an entry for a sell trade.
If you are seeking such Profitable opportunities for Intraday and swing trading, then you must have a look at our unique course offerings. – Divesh