Lights.. Camera.. Action.. Trading Strategy

#1
Let me explain this what is "Lights.. Camera.. Action.." trading strategy

It's pretty simple. Just check what is the trend of nifty at 9.15:01 AM. If it has opened positive.. BUY NIFTY. If it has opened negative SELL nifty. Strictly maintain S/L. Strictly maintain exist point. Like if you get 15 point u will exit.

I think lots of traders follow this.. If any one do this just post some comment.

I am monitoring this for few days and it seems positive to me.
 
#2
Hey man!
Modify the strategy to get more returns.
What if u get EXHAUSTION GAP @ Opening? Then market start moving downward...

Alternate Strategy which can be more helpful.
I know this strategy (seen @ net-vid) but i m not using this one...

Create position @ 9:45AM
If mrkt opens positive @ 9:15AM, SAY @ X
Make a note for next half hr if it moves above or beyond this point.
Then make a note of high & low of this half hr. i.e 9:15 - 9:45AM,

OPEN: X
High: X + 20
lOW: X

In above case, the low for market was @ opening which market sustained.
Also, u can chk VOLUMES. Good volumes means good buying interest if mrkt moving upward (acc to above case).

SAFE BET!
For more security, make a note of another half hr in same manner i.e. if mrkt is not making any new low till 10:15 then enter for buy.

EXIT POINT: AROUND LOW CREATED IN FIRST HALF HR I.E. @ X

This strategy works commonly on days when market gets down & down BUT on friday, one sees a good opening along with DIAGONAL UP DAY.....
VICE VERSA FOR SHORTING....

One more thing, this strategy can save one frm choppy RANGE BOUND day's when market works in a range.

I think, u get the idea... but this is not a winning formula...
Instead, study abt all technical strategies & then enter in market otherise, one will end by paying huge donations(loss). BCZ markets can fool one by showing good profit @ trade 1-2-3 but then loss can form part if one is not using any strategy....
 

Similar threads