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 @24.10-23.9with 1000-1000 shares.
these are examples of trader's flexibility and control in your hand.
sometime a stock may go upto27-28 in
single day with15-20 percent change.
But you can't wait for such a movement all the time. these moves are rare in any scrip like once in a month or quarter.
So book part at jump and re enter @high is suitable for both smaller and huge moves.
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BEST WEBSITES TO STUDY MCX MARKET IN MINUTES First of all, you should go to official site www.mcxindia.com If you want to see gold.silver,crude monthly chart in single sight go to www.way2wealth.com enter commodity section there.most active & price gainers are there. for any general news in financial market, www.moneycontrol.com commodity section- gives insight for mcx www.forexfactory.com gives you global currency data calender and their impact. www.kitco.com to get all international charts for metals if you want to get some more about any commodity go to google- you will get some good videos in youtube.com or some new site will appear with a new speciality. like future.tradingcharts.com We shall keep you giving the keys of such treasures continuously. MONEYGURU PANKAJ JAIN www.speedearning.in www.smallstoploss.in 09754381469 09713266391 09406826679
Future currently has more than three hundred scripts, which have a lot of volume.In the hair market, you do hundred or two hundred five hundred trades. But the lot size in F & O is fixed.gold and silver tips
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