Last few days many friends & bloggers here write on their Nifty trades.
Many loose and some only Gains.
For Nifty trading either Future or Option one have to first Choose his time frame.
Yt a person wants to do!
1.Day Trading
2.Swing Trading
3.Positional Trading
First U choose your time frame & than Trade.
Most people here are day traders. In day trading one has to be infront of screen for whole day or atleast for the time when trade is running.
Most people loose in day trading because they cant able to control the anxiety of Updown movment of market.
Day trading is as good as other type but for it one has to be much experienced & have to deal in bulk lots also.
For traders of 1-2 lots day trading is only a Gamble.
Now comes to Swing trading or Positional trading format.
Yt does it mean Swing trading,it means we have to be in trade always. Either Long or Short u have to take position Once or Twice in a day as the case & sit tightly to ride the trend & turn his trade for next Opportunity.
Positional trading is similar to it but it has to take Big SL & Big Target for trading.
Now yt should a new trader or a regular trader do?
I recommend to go for a mixture of Positional & Swing trading.
In day trading often trader loose the Big market movements.
Many times in a strong trend market open gaps up or down in favor of trader which a day trader never gets its profit.
Just like from 5300 to5700 Nifty ride of 400 points many here are not get atleast 250 points out of that.
But a Swing trader can get it easily.
I am not saying that Swing trading is a 100% profitable trading methodology but atleast it give profit to traders in a big time frame scenario.
I request to all Traders to first earn profit from Nifty or stock trading & than only enter Options.
One cant get his money back in Options but in Futures atleast.
For Swing trading one can follow Illango sir JNSAR or Dinesh Rishi Potters SAR.
both of these are very Good for trading.
First practice few months on paper & than enter this Blood Sucking market.
And last I REPEAT its not a game of Luck,its an ART to trade.
One can master it with practice & experience only.
