Having a tested technical analysis approach to the market, with clear rules for entry and exit, that gets the odds on your side over a larger number of trades, is important to be successful. But there is more to trading. Understanding how macroeconomics influence markets and the price of assets is beneficial to giving traders an edge. Having the right state of mind to execute trades consistently, without being hindered by emotions or unrealistic expectations is important. A solid trading psychology is needed to make the right decision in every situation.
There is a set of tools needed in order to trade effectively. Not having the right tools could mean failure. Risk management implies identifying trading risks and knowing how to handle them, to prevent deep drawdowns or losing your trading capital. Rules on trade risk and risk / reward can help to maximize profits while minimizing losses. Having a trading plan with checklists, rules and fixed routines supports a trader, because the plan makes it clear what to do in each situation.
DON'T DEPEND ON BANKNIFTY PRICE ACTION BUT USE UNDERLYING STOCK BASED SIGNAL SYSTEM
TODAY TOTAL 3 BUY SIGNALS AND 5 SELL SIGNALS GIVEN IN 15 MIN
BUY SIGNAL GAVE AT - 26815
MARKET HIGH - 26997
SELL SIGNAL GAVE AT - 26890
MARKET LOW - 26625
DON'T GUESS ALWAYS FORECAST
ENJOY 440 POINTS PROFIT TODAY IN BANKNIFTY
Trade with Market Internals never loose...
Bank Nifty Enjoy Raining Profits 770 Points just in 1 week
A total of 15 SELL SIGNALS AND 4 BUY SIGNALS
FIRST SELL SIGNAL: 27220
LOW - 26630
Selling pressure continued in Bank Nifty? Proof is withdrawals from the Cash Market.
You can literally see that Money Withdrawals in live market with "Bank Nifty Money flow Indicator"
Except Internals and breath...
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