How to deal with whisaws,false signals and trend reversals?

Friends,
Most of us use the 1min,5min and 10min time frames for trading nifty and scrips on nse/bse through their resp.trading brokers and using their own softwares.
But,so many times it happens that the signals given on the charts turn wrong/false,due to whipsaws,trend-reversals,change in buy/sell sentiments,etc...

What can be done in such situations?
I.e the software gives right signals,but market is either too volatile or just does not respect the given technical signals?

If one is trading futures,loss of even 1-10pts(if trend reverses or get false entry/exits)can prove financially disastrous as there are mark to market losses and profits in futures trading in India.
In such situations,is it ideal to hedge each and every futures/options call?
Or is there any alternative?


earthy8

That's what markets are all about. Avoid futures. start with small qty of stock in cash market. Test it out before doing anything big.

TRY 3 /15 EMA EOD... CROSS OVER SYSTEM....FEW ....whisaws.......!

Do not rely on single indicator, before you buy a counter... decide you Entry, SL & Exit points... dont just buy/sell it

- If you are day trader then look at 15min chart instead of 2,5,10min.
- Have 3,13,39EMA and buy when 3EMA cross over 13EMA along with MACD giving buy signal and good volume

If you are positional trader then look at weekly chart to take positions

Do the opposite to sell