Raj satanUntitled
loosing money
need to make proper stertegy for this
1> In morning understand rang in which market will move.
2>Dont get tempted in entering the trade.Wait and watch its price movement and its volumes. If buying volumes are increasing with price then you can take it as positive trade.
3> try to Understand overall gain or lost of market in day before market opens
4> study pivot point and support level
5>Have stop loss of 0.3 with every trade
6>No of stock in trade 1000
7> book profits on low margins ( 0.4- 0.5) and do multiple trades
8> stop as soon as u make anything between 700-1000 per day.
9>Accept your wrong trade – Come out of your trade if you have entered in wrong time by accepting loss, instead of waiting and running into huge loss later. Ready to accept loss, if you are wrong.
10>Don’t make your mind that you have to do daily intraday trading. If you are not able to understand the market direction then just don’t do intraday trading. Just leave for that day.
11>When you buy a stock the selling price should be calculated (brokerages) and put the sell order immediately don’t wait for the price to go up and then you decide to put the sell order 4 years ago

