…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 give 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.
The below Nifty Intraday charts show two examples of a proper trading plan for Election Result Day Intraday Trades.
On the 23rd of May, Election Result Day
Election Result Day Intraday Trades. Nifty opened a gap with the reports of BJP wins, but soon it made the top & started correcting.
Now, here, a Proper Trading plan can only help the trader know where to Exit from the Buying side or look for a Selling opportunity.
Our premium trading method, ‘True Market Rhythm’, helped us to locate the 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 a few hrs of trading, means a lot for day traders.
Our Plan was simple: Our ‘True Market Rhythm’ method will alert with any Signal and take action in that direction.
Now let’s see the chart of 24th May
Nifty opened with a few points of gap & soon it gave up all those gains.
As time progresses, 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 and fixed, like on 23rd May. As we got the signal, we took action to ride the trend.
This opportunity gave almost 150 points of profit until the end of the day. Again, these were remarkable gains by employing a few hours 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 understand the market sentiments in a unique way. After that, we can easily make our trading plan to gain the desired results. – Divesh
