Nifty Breakout or Breakdown Risk Reward 1:3 Trades

1 Agu 2023

Rules:

1. In this approach, Once Breakout or Breakdown levels are breached, we initiate Long or Short positions accordingly with Proper stop loss as mentioned in the chart. Since the Risk Reward is 1:3, we can take a maximum of 3 trades.
   
3. If we follow this approach, over the long run, money is gained.
   
5. A trader is advised not to treat these setups as lottery tickets. Since only I know why these work (while others may not), only I have the conviction to trade them in real market. So kindly treat them as educational trades only.
   

Happy Trading!