Why Positional Trade is better than Intraday Trading in Nifty Future
I am a full time trader and investor, having more than 6 years of trading experience in different financial assets. I have tried different types of trading strategies in different market environment, what I found was positional based trading for nifty future is much better than intraday trading, in a long run. Statistically if you have large amount of data then your accuracy increases, while small amount of data may give lower accuracy. On Nifty future intraday chart the data is very less as compared to weekly chart which is mostly used by positional traders. This is very simple proof that positional trading is far better than intraday trading. You can also do some paper trading to prove this, take 20 trades on nifty future intraday chart and 20 trades on weekly chart of nifty future. You will get very clear result how nifty future positional trading is much better than nifty future intraday trading.
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- Short sell Nifty Future near 5350 for Intraday target 5320, Weakness in Global markets
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