Sunday, January 17, 2010

Trading Guideline

1. Divide your trading capital in 10 parts for example if you are trading in 1 lac then each part should consist of 10000.
2. Trade call/part basis, take trade on each call buy using single part of your trading capital.
3. Don’t use the concept of numerical quantity for trading ex. you should always trade in 100
quantity whatever no of shares you can buy in 10000 trade with that only.
4. Don’t use margin approach if you are new to the intraday trading use only call/part base concept. Because some time we ask your client s to carry forward the trade. Experience trader who has trading capital with 10 Lac can trade in futures.
5. We use to give call for target1 and target2 so whenever your achieving 1st target you shift your
Stop loss to entry price without waiting for our call as safe trading concept, some trader can book 50% and shift the stop loss for remaining quantity on entry price. We use to follow the call and instruct you to exit the trade.Example : buy nifty 5180 stop loss at 5145 tgt1 5225 tgt2 5250 as and when 5225 is coming immediately shift stop loss to buy price that is 5180 as well as you can book profit on 50% quantity and wait for our call.

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