How to invest 40 lakhs in equity, FnO, commodities etc. Part 2

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FEW PRECAUTIONS WHILE TRADING

1. Remember market is always right

2. Never ever trade without STOP LOSS

3. Never chase a trade. Markets give lots of opportunities,so if you miss one ,you will find another one tomorrow.

4. Always have profit target placed in trade. You will not die taking profit

5. Try to avoid trading in first and last hours of the market because at those time markets are moving wildly and if you are not professional trader can get hurt

6. Limits your trades in a day. This help you to focus more on your trade.

7. Risk a tiny amount on each trade. in this way you will be relaxed and execute your trade properly

8. Always trade with the trend

9. Never trade if you are upset or not well.

10. Try avoiding watching bussiness channels while doing intraday trading, because market mostly has already discounted the good or bad news and you might get trapped listening to that news. Watch these channels after you have completed your trade.

It’s a very good idea ,even if you are not professional trader but are interested in trading that you better take some Chart reading technical education. It will help you not to make silly mistakes and enter the market at wrong price and time, which in turn will help you to make money consistently .
 

SexyTrader

Well-Known Member
FEW PRECAUTIONS WHILE TRADING

1. Remember market is always right

2. Never ever trade without STOP LOSS

3. Never chase a trade. Markets give lots of opportunities,so if you miss one ,you will find another one tomorrow.

4. Always have profit target placed in trade. You will not die taking profit

5. Try to avoid trading in first and last hours of the market because at those time markets are moving wildly and if you are not professional trader can get hurt

6. Limits your trades in a day. This help you to focus more on your trade.

7. Risk a tiny amount on each trade. in this way you will be relaxed and execute your trade properly

8. Always trade with the trend

9. Never trade if you are upset or not well.

10. Try avoiding watching bussiness channels while doing intraday trading, because market mostly has already discounted the good or bad news and you might get trapped listening to that news. Watch these channels after you have completed your trade.

Its a very good idea ,even if you are not professional trader but are interested in trading that you better take some Chart reading technical education. It will help you not to make silly mistakes and enter the market at wrong price and time, which in turn will help you to make money consistently .
But I have broken most of these rules and yet made PROFITS ! :D

One really needs to know clearly what one is doing in their trades. Following such rules without any clarity is stupidity in my opinion :thumb:
 

SexyTrader

Well-Known Member
Today....again added some more lots of 10900 PE at 61/-

Hence revised buying price is 105.20/- so my profit-booking target gets revised to 210.40/- or 315.60/- :thumb:
 

TraderRavi

low risk profile
But I have broken most of these rules and yet made PROFITS ! :D

One really needs to know clearly what one is doing in their trades. Following such rules without any clarity is stupidity in my opinion :thumb:
Sexy sir , IMO best rule to follow is, make no rule............:thumb:
 
But I have broken most of these rules and yet made PROFITS ! :D

One really needs to know clearly what one is doing in their trades. Following such rules without any clarity is stupidity in my opinion :thumb:
Sexy Sir - Your style of trading in your own words is "Instinctive". But how do you get such instincts? In your earlier posts you had mentioned that you look at charts and get instincts. Am I right? What time frame charts do you look at and what parameters or indicators do help you in getting those instincts? How are you scanning so many charts - software or just visually? Please share if you have no inhibitions.
 
Sexy Sir - Your style of trading in your own words is "Instinctive". But how do you get such instincts? In your earlier posts you had mentioned that you look at charts and get instincts. Am I right? What time frame charts do you look at and what parameters or indicators do help you in getting those instincts? How are you scanning so many charts - software or just visually? Please share if you have no inhibitions.
He said somewhere that he can read "the snake". Well .. salaam !!
 

SexyTrader

Well-Known Member
Sexy Sir - Your style of trading in your own words is "Instinctive". But how do you get such instincts? In your earlier posts you had mentioned that you look at charts and get instincts. Am I right? What time frame charts do you look at and what parameters or indicators do help you in getting those instincts? How are you scanning so many charts - software or just visually? Please share if you have no inhibitions.
Simple! I'm not an expert on TA/FA at all...i see "the snake" and decide where can it possibly move! :)
Btw if the great LIC has been selling its stake in INFY yesterday, why should I be buying ? ;)
 

abhi.

Active Member
Simple! I'm not an expert on TA/FA at all...i see "the snake" and decide where can it possibly move! :)
Btw if the great LIC has been selling its stake in INFY yesterday, why should I be buying ? ;)
Well Sexy if u ask me its looks like an up day for INFY bcoz there has been quite a lot of buying for past few days, i dont think it will be go in RED :thumb:
Not to forget the GREAT Lemon Brothers :D

So sexy u finally got it ur way, this is y u r the current king :D
 
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SexyTrader

Well-Known Member
Well Sexy if u ask me its looks like an up day for INFY bcoz there has been quite a lot of buying for past few days, i dont think it will be go in RED :thumb:
Not to forget the GREAT Lemon Brothers :D

So sexy u finally got it ur way, this is y u r the current king :D
It will go in the RED so my 10900 PE is on its way to DOUBLING or TRIPLING :thumb:
 
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