Round Numbers
Round numbers are an under used concept in day trading.This cannot be used as a stand alone system but is
very powerful when combined with any other strategy.
Round numbers are psychologically important levels. We have a tendency to round off any number to the nearest
round number. This is a common trait and is applicable to markets as well.Many traders enter and exit trades at
round numbers. Most of the stop loss orders in markets are at round numbers. For Nifty futures pay attention to
round numbers ending 0 and 5 and always try to place your stop loss orders beyond this numbers as far as
possible.
026.1 ▪️Round Numbers