Stocks market is a easy place to lose your money.A rich can be turn to poor in someday entering market . I saw lots people losing money in market with greedy ness and poor knowledge .
There are few tips which you need to follow in your trading and i am sure you will get the results.
- If you are beginner do not enter trades before 9.30. Let the market settle as we may see huge volatality in initial hour.
- Always be ready with the list of the stocks before market.
- Stop loss and target is must, Always put stop loss to each trade.
- Always have a target in your mind that how much you wish to make in a day! Once you make enough Sit back and relax.
- Do not fear of loosing and don’t be greedy to make more.
- Always have little bit knowledge of Support and Resistance of index as it will help you in holding positions.
- Always keep in mind how much you wish to put in each trade. And trade with enough money which you are ready to loose.
- Always wish for the best but be prepared for worst.
- Note down your trades and analyse your mistakes. This will help you to get better and better in trading.
- Stock market is full of knowledge, Keep learning.
Add more in comments if you have any.
Comments
Post a Comment