Date of post: 25-Feb-2019
Some reasons why there is too much volatility in the markets:
- Indo-Pak Tension – This could have tanked Nifty but luckily it did not break 10600, but created confusion in traders mind. It did go down but not too much.
- Tussle Between Government and RBI. This problem is going on since very long and I do not think this will get over soon.
- General Elections in Apr-May 2019 – This is a major source of volatility and will keep moving the markets till the elections are not over.
My advice is trade with the basics of trading – do not let the stop loss be violated. This means if you have decided to keep stop loss on certain point – it’s better to exit the trade at that point. And when it comes for time to book profit – just do that. Do not wait for more.
If you want to play safe my courses will help you. Please note that option selling is required so you must have at least 75,000 in your account to do my strategies.