DAY TRADING
TECHNIQUES: SUMMARY:
1. Number of trades to do, not more
than 3
2. KEEP it on paper first, entry,
exit and profit and loss, daily square off positions.
3. IF you are losing exit at first
stop loss, minimum loss.
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4. IF you are gaining then add some
more quantity, cmp = t1, t2, t3.
5. Add positions at t1 target t2,
add positions at t2 target t3.
6. Same strategy while stock going
down from t3 to cmp, taking profits at each level.
7. ALWAYS trade only in Nifty 50
stocks.
8. USE Technical Indicators, Moving
Averages 9, 21 and MACD, 15min for DAY TRADE.
9. GET OUT OF THE MARKET, When Mind
is boggling, take a break, there is always TIME.
