1. Technical analysis is ruling the stock market and it has been observed 70% of the times that highs and lows are tested and market fails to make any headway and market comes back.
2. Thus to initiate a high probability trade one can buy a stock when stock/market touches its low and can sell when the stock/market touches a new high with a small stop loss and one can be sure to be successful 70% of the times as market 70% of the times moves with in a range and a very small percentage gets converted into breakout.
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2. Thus to initiate a high probability trade one can buy a stock when stock/market touches its low and can sell when the stock/market touches a new high with a small stop loss and one can be sure to be successful 70% of the times as market 70% of the times moves with in a range and a very small percentage gets converted into breakout.
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