Showing posts with label 5 golden rules to trade in nifty.nifty tips. Show all posts
Showing posts with label 5 golden rules to trade in nifty.nifty tips. Show all posts

Tuesday, May 14, 2013

RULES TO TRADE IN FUTURE

1.Stay out of trouble, your first loss is your smallest loss.
       2.Analyze your losses.
       3.Survive! In futures trading, the ones who stay around long enough to be there when those "Big Moves" come along are often successful. 
4.If you are just getting into the markets, be a small trader for at least a year, and then analyze your good trades and your bad ones.
5A speculator should have enough excess margins in his account to provide staying power so that he can participate in big moves.
6.Take windfall profits (profits that have no sound reasons for occurring).
7.Periodically redefine the kind of capital you have in the markets.
8.Do not use the markets to feed your need for excitement.
9.Always use Stop Loss
10.Intraday trading should be done without any ego.
Flexibility and discipline are key for a successful trader.
11.Do not be afraid to be a sheep.Do not overtrade.
        12.Take a position only when you know your profit goal and know when to stop if the market goes against you.
         13.Use technical signals (charts) to maintain discipline - a vast majority of traders are not emotionally equipped to stay disciplined without some technical tools

Thursday, June 28, 2012

INTRADAY TIPS FOR 29 JUN 2012



BUY TITAN FUTURE ABOVE 216 FOR TGT 222,226 SL 210


NIFTY  dropped marginally amid volatility in afternoon trade due to fall in European markets.  The NSE benchmark declined 14.7 points to 5,127.20 ahead of expiry.
Today was the day of  June series derivative settlement. NIFTY  continue to see the same range bound activity as  yesterday: the Nifty played  within a range of 5130 and 5150 .

Saturday, April 28, 2012

5 GOLDEN RULES TO TRADE IN NIFTY


5    GOLDEN RULES TO TRADE IN NIFTY

1. WATCH BEFORE U TRADE
   
 Never trade in nifty in first half hour.Always make it habit to trade in Nifty Future after carefully watching movement with price and volume changes.It is always better strategy is to stand aside ,let the future establish an early trading range ,and then enter a range break.


2. KEEP STRICT STOP LOSS

This is most important point which most traders do not follow..If you are on wrong side of trade accept it..the sooner the better.

3.TRADING IS NOT COMPULSORY

Many people are compulsory traders and gets addicted to it which is very dangerous phenomenon.There can be days when market lack momentum or u are not so sure for trading.Avoid trading in such case.

4. NEVER CONVERT INTRADAY TRADE INTO POSITIONAL

If you have entered in a trade with intra day view, then never carry it forward to next day.

5.TRADE REASONABLY

Don’t expect high profits while entering into the trade.You cannot earn all the money you desire in a single day.Take this as any other business and grab profits as early as possible and try to invest it in some other sector.