Do’s & Don’ts

  1. Get training from a trader who has depth of knowledge of the market and then open a trading account.
  2. Before you start trading complete all your personal works and then sit in front of the computer.
  3. Please avoid phone calls except from family While trading.
  4. Do not discuss your trade position or others trade position.
  5. As possible trade through online.
  6. Do not invest the money beyond your limit. Also do not invest the money that is meant for family purpose like education etc.
  7. Always keep your mind fresh.
  8. Do not take risks beyond 3 – 6% of your capital on a single trade.
  9. After deciding the stop loss for your trade then place the order, because top traders always use strict stop loss.
  10. If your trade is in loss do not keep on going with much average.
  11. Once the market gets closed spend at least 3 – 5 hours in analysis for next day’s trade.
  12. Do not trade when there are gossips and big data,because the volatility of the market will be more.
  13. Do not always expect the same profit.
  14. Do not trade with the recommends you are hearing from all your sides.
  15. First know what is equity and then step on into trade for future and option.
  16. Do not forget one trader’s gain is another trader’s loss.
  17. There are tips provider and software provider ranging from 1000 to 100000. Do not make your mind think the tips will be Correct, if you pay more. That is their strength.
  18. Suddenly the index or stock may go high or low. At that time do not buy or sell which may lead to a worse situation.

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