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Sultans of NSE

 
Started by : Deepika Malik, Associate, HDFC Bank   01 26 2009 04:49:01 +0000
Industry : Equity Research/AnalyticsFunctional Area : India(Markets)
Keywords : trading startegies
Activity:  49 views;  last activity : 07 06 2010 20:18:09 +0000

What could be the best trading strategy?

 
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1 2 3 4
1 Treat trading Like Buss , Play with Set of Rules
2 Always have a trading plan
3 Avoid Overtrading
4 Treat trading Like Buss , Play with Set of Rules

Treat trading Like Buss , Play with Set of Rules

idea posted by Chirag Kabani Technical Analyst , askchirag.com

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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Always have a trading plan

idea posted by Deepika Malik Associate, HDFC Bank

It is advisable for people to maintain charts for their convenience in analysing the market trends.

0
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Avoid Overtrading

idea posted by Sukumar Maity Sr. Associate, IDBI Bank

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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Treat trading Like Buss , Play with Set of Rules

idea posted by Chirag Kabani Technical Analyst , askchirag.com

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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