re: Day trading Nifty & Banknifty Futures
This phenomenon you not only face in your market. It is the same in the S&P 500 or in the Dow or in any market. At the moment it is on top, all those predictors occur with any arguments and tell that market now has/must go down because of this or that.
An other prove to not listen to any body and follow strictly our own trading rules and believes about the market. And if it really falls, perfect, then we switch from long to short and follow now this our trading rules and thats it. But NEVER EVER LISTEN to any body about where market will go. Not even our best friends as it is our money which is lost and not his/hers.
He will be a passive observer always doubting the current uptrend and trying to figure out the reasons and will get in when market gets euphoric.
Smart_trade
Smart_trade
An other prove to not listen to any body and follow strictly our own trading rules and believes about the market. And if it really falls, perfect, then we switch from long to short and follow now this our trading rules and thats it. But NEVER EVER LISTEN to any body about where market will go. Not even our best friends as it is our money which is lost and not his/hers.