Posted by News effect stock prices. Stock prices do not exist in vaccum. Case no. 146
Trump announced 5 days attack halt on Iran. US markets opened at 7 PM IST. Dow jones, Nasdaq, S&P 500 all rallied within minutes.
Gift Nifty, a derivative of Nifty 50, also rallied.
one could combine trading rules with these news take a trade and profit from it with proper risk management and position sizing. The probability is high. Risk to reward ratio was favorable.