Traders I will teach you a trading strategy, in which I will explain how you can make large amount of money with higher accuracy. This strategy will follow principle of “Trading in the direction of trading”, whenever we place a trade we should know which direction market will move so that we trade on right side of the trend and make money. If you have ever noticed you will many traders don’t know which way nifty future will actually be moving because they just speculate and don’t bother about doing some analysis. Where as traders knowing the correct direction of trend most makes money, this principle works because trends don’t change overnight in fact market trend are like seasons means it changes but takes time. So if current trend of nifty future is down then in short term (1-2 months) nifty future will also correct (weaken), and trading in direction of trend you will trade short on nifty future. Your entries can be placed with the help of technical indicators like slow stochastic, you can see the image below in this image whenever sell crossover is formed which is above 80 mark, we trade short on nifty future. It’s quite interesting to note that this trading strategy works very well in trending market, i.e. up trend and down trend but for ranges you must avoid trading.
About Bhaveek PatelBhaveek Patel is one of the most successful traders, technical analyst, and investor, his areas of interest include stock market, forex, and gold trading. Apart from this, he is often seen in the golf course. He is having more than 10 years of experience in trading, had placed his first order on 19 June 2006 with IndiaInfoline.
sir
As rightly said by youi i am following the direction of nifty spot and future and make a good profit daily. please enlighten me furthur about your charts
Strategy works!! I am the person making real out of this strategy. When following a trend your trade will have high chances of success.
Very less chance of success when you are trading against the trend.