I approach safe and divercified even in day trading. i invest 10,000 in every scrip i have started ( 4 scrips a day ) now i have 7 scrips a day. and every day i invest 20% of profit from intradaytrading in Tax saving MF(subject to min 500 Rs and that amount is locked for 3 years). and if i loose money some day. i reduce no of scrips next day.
well thats my approach. may be you will dislike or appriciate it.
HI FRIENDS,
WELL I M NOT TRADER RATHER I M ONLU INVESTOR, TRADING IS A GAME OF TALENT, ANALYSIS AND STUDY. DAY TRADING IS ONLY A PLAY OF TRADERS EMOTIONS I.E. GREEEEEEDDYNESS AND FEAR. I M STARTING A THREAD TO SHARE DAILY TRADING CALLS AND I WILL ALSO GIVE FOLLOW UP ON DAY CLOSING.
I REQUEST YOU ALL TO JUDGE AND COMMENT ON MY TRADING CALLS.
I WILL PROVIDE FOLLOWING THINGS ON EVERY CALL.
1) TIME : TIMING IS VERY IMPORTANT THING. ENTRY AS WELL AS EXIT AT CORRECT TIME IS VERY IMPORTANT.
2) ENTRY PRICE : CORRECT PRICE TO BUY AND SELL. DAY HIGH AND LOW MIGHT BE LITTLE AWAY FROM THE ENTRY PRICES I GIVE BUT YOU DONT GET THE REQUIRED QUANTITY AT THAT PRICE.
3) STOP LOSS PRICE: AS I SAID ITS GAME OF GREEDINESS AND FEAR WE MUST HAVE SOME SAFEGUARD AND STOP LOSS.
4) FIRST TARGET PRICE: THE PRICE WHERE TRADER CAN EXIT AT SAFE AND MODERATE PROFIT.
5) SECOUND TARGET PRICE: GREEDY INVESTOR WHO CAN SEE THEIR PROFIT CONVERTING INTO LOSS. ( THIS IS HIGH RISK AND GREEDY OPTION USUSALLY. I M SATISHFIED AT LOWER PROFIT BUT SAFE BUSINESS)
FOLLOW UP CHART WILL BE GIVEN AT THE END OF THE DAY. FOLLOWED BY INVESTMENT COMPARISON IN TAX SAVING GROWTH PLAN
I DONT TAKE ANY RESPONCIBILITY IF U LOOSE ANY MONEY BY FOLLOWING THESE TIPS. THESE ARE NOT TRADING ADVOICES. I JUST WANT YOU ALL TO JUDGE MY TIPS AND TRADING IDEAS.
well thats my approach. may be you will dislike or appriciate it.
HI FRIENDS,
WELL I M NOT TRADER RATHER I M ONLU INVESTOR, TRADING IS A GAME OF TALENT, ANALYSIS AND STUDY. DAY TRADING IS ONLY A PLAY OF TRADERS EMOTIONS I.E. GREEEEEEDDYNESS AND FEAR. I M STARTING A THREAD TO SHARE DAILY TRADING CALLS AND I WILL ALSO GIVE FOLLOW UP ON DAY CLOSING.
I REQUEST YOU ALL TO JUDGE AND COMMENT ON MY TRADING CALLS.
I WILL PROVIDE FOLLOWING THINGS ON EVERY CALL.
1) TIME : TIMING IS VERY IMPORTANT THING. ENTRY AS WELL AS EXIT AT CORRECT TIME IS VERY IMPORTANT.
2) ENTRY PRICE : CORRECT PRICE TO BUY AND SELL. DAY HIGH AND LOW MIGHT BE LITTLE AWAY FROM THE ENTRY PRICES I GIVE BUT YOU DONT GET THE REQUIRED QUANTITY AT THAT PRICE.
3) STOP LOSS PRICE: AS I SAID ITS GAME OF GREEDINESS AND FEAR WE MUST HAVE SOME SAFEGUARD AND STOP LOSS.
4) FIRST TARGET PRICE: THE PRICE WHERE TRADER CAN EXIT AT SAFE AND MODERATE PROFIT.
5) SECOUND TARGET PRICE: GREEDY INVESTOR WHO CAN SEE THEIR PROFIT CONVERTING INTO LOSS. ( THIS IS HIGH RISK AND GREEDY OPTION USUSALLY. I M SATISHFIED AT LOWER PROFIT BUT SAFE BUSINESS)
FOLLOW UP CHART WILL BE GIVEN AT THE END OF THE DAY. FOLLOWED BY INVESTMENT COMPARISON IN TAX SAVING GROWTH PLAN
I DONT TAKE ANY RESPONCIBILITY IF U LOOSE ANY MONEY BY FOLLOWING THESE TIPS. THESE ARE NOT TRADING ADVOICES. I JUST WANT YOU ALL TO JUDGE MY TIPS AND TRADING IDEAS.
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