What happens when a large number of Trades/Signals appear in a single day?

NeoTrader

Last Update 3 years ago

1) What traders need is VOLATILITY AND MOMENTUM. Only these two items can help them make money in the short term. When one or both of these factors are present, the program is able to list a lot of names- either bullish or bearish. However, when both these items are missing, then you will find very names (like today).

2) It is a signal to tell you not to be overactive in such markets. You have to necessarily wait for one or both of the elements to return to the market so that your chances of succeeding are higher.

3) Remember always trade only when the odds of succeeding are higher!

4) Another way of looking at the signals is to see whether there is a pile up on anyone side- bullish or bearish. This is a judgment call rather than something that can be defined thru any specific number or percentages. When the market becomes one-sided on momentum or volatility considerations, the market is, mostly, ready to reverse trends. This can be a useful observation that helps us to trade better.

5) Neotrader- working at multiple levels for you! Learn to use it well and you will be over your losing humps and on the road to profits!

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