Developing a Successful Trading Strategy
Nifty did again the Unexpected Making everyone Bearish Today after
RBI policy Traders holding Bulk of Puts and Than came the U-turn and an
awesome rise in 45 mins.
Traders who were short need to cover at high price or might be still holding the shorts in a HOPE of nifty coming down.(Well it can but I am a system trader and System is in up mode)
100 % traders are bearish/bullish – how can market fall now or rise? ?
For every trade to take place there must be a buyer and a seller. Further, there must be agreement on price and volume.
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Traders who were short need to cover at high price or might be still holding the shorts in a HOPE of nifty coming down.(Well it can but I am a system trader and System is in up mode)
100 % traders are bearish/bullish – how can market fall now or rise? ?
For every trade to take place there must be a buyer and a seller. Further, there must be agreement on price and volume.
You need to have a trading Strategy to earn money in Stock Market
Continue Reading
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