The world of trading or rather the business of trading is a tough process, where years of experience, in-depth knowledge of the market in India, in particular, and a broad based knowledge of trends in the world market are absolutely essential, to ensure a modicum of profitable activity in this field.
It would be judicious to consult a team of experienced traders working to find better trading opportunities in the live market and passing on recommendations to their valued clients, based on technical analysis and personal observation.
Therefore, to acquire trading tips, the effectiveness of such tips for intraday will only be effective by observing the following three core principles:
1) the power of information and knowledge
2) the power of Technical Analysis and
3) the power of Risk Management.
1) the power of information and knowledge
2) the power of Technical Analysis and
3) the power of Risk Management.
The purpose of intraday trading is to register small profits which can be averaged out at the end of market sessions. Investors need not wait to book the profits only when there is considerable difference between the last traded prices. It is advisable to book the profits even at the minimum level. They need to do buying and selling on marginal profits; it should not be the situation of the overbought or oversold!
Choose those stocks where there is huge volatility , which means look for stocks which are sensitive to the price volatility, thus the movement of up and down of a share price should be high , they should not be slow moving stocks and a regular momentum should be maintained every time! The rate should be so high so that the intraday trading can take place and then only aggressive buying and selling will take place.
It is imperative, however, that investors be realistic at all times – you cannot always book profits but you must learn to contain your losses!
Choose those stocks where there is huge volatility , which means look for stocks which are sensitive to the price volatility, thus the movement of up and down of a share price should be high , they should not be slow moving stocks and a regular momentum should be maintained every time! The rate should be so high so that the intraday trading can take place and then only aggressive buying and selling will take place.
It is imperative, however, that investors be realistic at all times – you cannot always book profits but you must learn to contain your losses!
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