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Activity:
48 views;
last activity : 07 06 2010 20:18:09 +0000
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Treat trading Like Buss , Play with Set of Rules
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Always have a trading plan
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Avoid Overtrading
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Treat trading Like Buss , Play with Set of Rules
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1) Dont overtrade 2) Maintain Strict SL 3) Keep Emotions at home 4) If it is intraday Trade , It should be intraday .. Dont convert them into short term & than Long term 5) Capital mangemnet & risky mangement With Every Trade Should be Pre Calcualted 6) Dont listen to targets given by people , take Into Consideration if SL gets hit , how Much Big hit it will give to your Pocket 7) Dont Take Loans to trade In makret or Pay of Losses or overtade to Recover the Previous Losses 8) Technical analysis is best tool to trade For intraday , for Long term Fundamentals , Mangement track Record Followed With Proper Technical guidance may be Damm usefull 9) Learn to Close Trade as Quick as Possible which are Not favouring you always Remmber if you are not able to Book Small Loss on immediate insticnt , one day you will have to take Mother of All losses 10) Cut Short Your Loss Making trades first , Let your Profits Run ... peopel genrally book Early in the ones the are gaining and Keep the trades which are unfavouring to be open for Long term Icnreasing losses 11) You have a Bucket ( Capital ) in hand , Dont try Fill the sea and get that home , but from the Sea Fill the bucket every Day and get that Home to build a Lake 12) Humans tend to make mistakes , you might make a Wrong investment or trade Wrong .. Learn Not to Repeat Same Next time
Very important ::: Learn to Identify the Trend , short term & medium term , Which is Sector Which is Supporting the Trend in best Way , Which are the best Stocks in that Sector with good volumes , Which is One you Like to Trade , buy or go Short on that With proper SL and Follow that with trend 14) Your Counsltant , Broker Or Friend Might have a Different amount of Capital to Play with , So maintain your Own SL with Which You are comforatble , Dont let single trade vanish your Capital. If You save on capital you have Chance to Fight back withour leverage Or Favours . Which Ever Trade You have taken and That IF THAT IS making you uncomfortable .. Though best of market guru people have recommended that . Close that .. trading is all about your own Comfort .. Comfort in trend , quantity you trade and time of holding . Be in limits of quanity So that you dont have tension which lead to Health probelms
.... tired typing Now ..Contatc me on Messenger chiragkb5@yahoo.com For Further assistance |
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It is advisable for people to maintain charts for their convenience in analysing the market trends. |
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Overtrading is the biggest malaise for traders. A disciplined trader is always ready to trade light when the market
turns choppy and even not trade if there are no trades on the horizon. |
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1) Dont overtrade 2) Maintain Strict SL 3) Keep Emotions at home 4) If it is intraday Trade , It should be intraday .. Dont convert them into short term & than Long term 5) Capital mangemnet & risk mangement With Every Trade Should be Pre Calcualted 6) Dont listen to targets given by people , take Into Consideration if SL gets hit , how Much Big hit it will give to your Pocket 7) Dont Take Loans to trade In makret or Pay of Losses or overtade to Recover the Previous Losses 8) Technical analysis is best tool to trade For intraday , for Long term Fundamentals , Mangement track Record Followed With Proper Technical guidance may be Damm usefull 9) Learn to Close Trade as Quick as Possible which are Not favouring you always Remmber if you are not able to Book Small Loss on immediate insticnt , one day you will have to take Mother of All losses 10) Cut Short Your Loss Making trades first , Let your Profits Run ... peopel genrally book Early in the ones the are gaining and Keep the trades which are unfavouring to be open for Long term Icnreasing losses 11) You have a Bucket ( Capital ) in hand , Dont try Fill the sea and get that home , but from the Sea Fill the bucket every Day and get that Home to build a Lake 12) Humans tend to make mistakes , you might make a Wrong investment or trade Wrong .. Learn Not to Repeat Same Next time
Very important ::: Learn to Identify the Trend , short term & medium term , Which is Sector Which is Supporting the Trend in best Way , Which are the best Stocks in that Sector with good volumes , Which is One you Like to Trade , buy or go Short on that With proper SL and Follow that with trend 14) Your Counsltant , Broker Or Friend Might have a Different amount of Capital to Play with , So maintain your Own SL with Which You are comforatble , Dont let single trade vanish your Capital if You save on capital you have Chance to Fight back withour leverage Or Favours . Which Ever Trade You have taken and That is making you uncomfortable .. Though bets of people have recommended that . Close that .. trading is all about your own Comfort .. Comfort in trend , quantity you trade and time of holding . Be in limits of quanity So that you dont have tension which lead to Health probelms
.... tired typing Now ..Contatc me on Messenger chiragkb5@yahoo.com For Further assistance |
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What could be the best trading strategy? |
Recommendations and research - One should consider brokerage firms just because they have done research and it is the bread and butter for them, where they are trading everyday, Every investment brokerage firm uses financial professionals to research... |
My idea is we should not leave the brand until the end of the process. It must be discussed upfront. A degree of tenacity may be required as the advisors will not be focusing on the brand - their objective is to get the flotation away. Therefore, it... |
