What's the way of making profits from unpredictable price movements?

<p>Making profits from unpredictable price movements requires adopting suitable trading strategies. One approach is range trading, which involves identifying price boundaries and executing trades when prices approach support or resistance levels within a defined range. Traders aim to profit from price movements within the range by buying at support and selling at resistance. Another strategy is breakout trading, where traders anticipate significant price movements beyond key levels of support or resistance. By entering trades in the direction of the breakout, traders aim to capture profits from the resulting momentum. Volatility trading is also popular in unpredictable markets, as traders can take advantage of increased price volatility. Strategies like volatility breakout or scaling allow traders to enter trades during volatile periods and profit from rapid price movements. News trading involves analyzing market expectations and reacting swiftly to news events or economic releases. Traders aim to position themselves before or immediately after significant announcements to benefit from the resulting price volatility. Finally, adaptive trading strategies involve adjusting trading parameters based on changing market conditions, ensuring flexibility and adaptability to unpredictable price movements. Ultimately, employing these strategies requires a thorough understanding of market dynamics, risk management, and continuous evaluation of trading performance.</p>

<p id="isPasted">The price is always unpredictable. Don’t seek to trade the price. Trade against the majority of traders. That is always where the profit is. Smart Money whipsaws the price up and down in rotations which appear to be random. Price moves deliberately based on the intention of Smart Money according to Smart Money’s business model. The individual shorter-term rotations are unpredictable in the sense that they occur as the order flow stacks up. Trading at the hard right edge requires the right mental conditioning and skill.</p><p>Technical analysis used alone will have you trading historical prices using indicators, patterns, etc. Don’t do that. Trade at price extremes. Wait patiently for the price to move to an extreme and then get in the market. It takes practice but it can be done. Trading with a “good risk-to-reward ratio” like all trading books say without doing anything else will not result in profits. The mean reverting algorithms will cut you into ribbons.</p>