alex, like me, arnav may be liking this up & down...
it's our bread-n-butter
Yup... This up and down is real fun for me ....
Usually trading with Very small stop and trading only near strong Support and resistance...
Also during this up and down my strategy --->
1)Small Stops
2)Buy near Support, short near Resistance rather than buy after resistance/support gets broken....
3)Looking for 10-12 points max, with trailing stop
4)Not buying near HOD but shorting after it makes a high near a good resistance....
Worked quiet well for me today ....
10 trades, earned 80 points(in 6 fav trades), lost 10 points(2 non fav trades) and 2 trades booked @ brokerage profit ...