BASIC TRADING RULES

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Sunday, May 8, 2011

New 99% Profitable Trading Strategy

Trade with only 1 stock qty and having wide SL @ 3%
If market is profitable with 1 then it is advised to go for more qty with tight SL @.25 to .50 paisa
Control the nerves when trading
Often time trader loose their nerves when trading.  Traing should be purely mechanical.  Emotion cloud the thinking hence the results are negative.
Emotion of fear and greed are very lethal when trading.

know the value of your capital.  Dont ever loose more than 20% in a single day.

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