trader should not wait even for 5 minutes and investor should not be worried even after 5 years. One should enter into trade with taking support of some advice but book profit as per your own capacity. Don't wait longer for defined target,keep booking part on every move in price and keep trailing Stop loss in remaining part. but do not trail SL after 2 consecutive move. Book all there and wait for next time slot or keep SL buy@high to re enter. If you want to trade in big volume,suppose bought 10000shares of a company@24. If it slips0.30p ,you will see -3000 loss.Don't be emotional here and control the loss by selling 8000 shares.If it goes further down to23 and recovers from there, you can re enter with only5000 shares@23.2.Your average cost will be23.50 only.You can book 2000-2000shares@23.40/23.70/23.90 and 1000 may be sold@25-26. if it goes 24.40 first then book2000-2000shares@24.30-24.60. then it comes down with falling nifty to23.80. One can re enter @24.10-23.9wit...
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