Trading Tips
Do not overtrade and make hurry to book profit.
Trade within your budget- do not over trade. We advise not hurry to book profit when market is in your favor - wait for the right time to sell the stock.
Trade in different sectors.
Do not put your all capital in one sector divide your capital in different sector and follow strict stop loss.
Do not expect profit on every day.
No trader can make profit on every day. Always be flexible and accept the fact as soon as you realize that you are on wrong side of the trade. Simply get out of the trade without changing your strategy during the market.
Withdraw part of your profit.
You must take a portion of the profit and put it in separate account. This is absolutely must for long term stability in the market.
void trading if you are not sure
Avoid trading if your not sure about a stock. Always look back to the charts and technical analyses before purchasing a stock
Do not avoid stop loss.
Never avoid the stop loss order after you have placed it, otherwise you may loose more.
Trade only in High Volume stocks
In low volume stocks the spread is too high and chance of Stop Loss limit getting failed is too high as there would be no Buyer or seller at your Stop Loss Level.
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