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Panic Selling and Buying - Can you handle this?

NSE:BANKNIFTY   NIFTY BANK
Buying or Selling during PANIC situations - Whats the plan.

Most of the traders are afraid of the Selling or Buying during the panic times and having a plan with proper stoploss is very good.

The answer is previous Sessions Point of Controls - So as a trader we always love to buy or sell at a discounted zone and fining the discounted zone is very important.

The concept by Stedilmayer(Ex: CBOE chief) and Inventor of Market/Volume Profile tells that Market forms the Initial Balance Region in the 1st hour of trading session.

According to IBR concept Buy or Sell decision can be taken at the range extremes.

But there is an unsolved problem, 90% times the ranges will have extensions from 20% to 100% -

So in that case most of the professional traders apply the 2nd Deviation Gaussian method to find theFurther Discounted zones and Take their positions at 2nd SD extremes.

Yes taking a position based on the 2nd SD extreme and keep a tight stoploss can help you trade better even during PANIC situation with Minimal loss.


Great Traders says - Its doesn't matter how many successful trades that you take - It only matters that how much money you make.

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