Please provide me the strategies for intra day margin share trading in indian stock market !?
Public Comments
- Here are a few basics: - Concentrate on a few, liquid and volatile stocks only. - Buy or sell intra day trends with at least 3:1 reward-risk ratios. - Use mental stops placed under the last minimum (above the last maximum, when shorting) and stick to them. - Use a decent money management scheme, write down the rules and stick to them. - Develop a system, trade it on paper only for some time, before risking money. Here are some more, that I found useful too: - Don't trade the first and last half hour. - Stop trading on a given day when you have reached a set target amount or when you have lost a fixed amount. - No more than two ongoing trades at one time. - Take breaks, it's a stressful activity
Powered by Yahoo! Answers