truth2tell
Language   :     English ( US )
  • Home
    • Registration
  • Shr Jagannath
    • Divine Adornments Of Lord Jagannath
  • Kapilas
  • Laxmi-Puja
    • Laxmi-puja At Dhenkanal 2012
    • Laxmi-puja At Dhenkanal 2013
    • Laxmi-puja At Dhenkanal 2014
  • Mahima Cult
  • The Business
    • Tourist Places In Odisha
    • Road Safety
    • Visit To Nepal
    • Around Assam
    • Traveling Towards S.India
    • Visit To Gujurat
    • Gwalier Palace
  • The Trade
    • Related Links
  • The Blog
  • The Lost Days
    • The Friendship >
      • The Forum
      • Friendship SMS
  • Contact Us

20 Things To Remember While Trading

4/21/2014

3 Comments

 
Trading With CareTrading Carefully
Discipline matters a lot for a trader to win, apart from some contrarian plays. You may think about some nice habits, I collected from books and here and there, However, our experience is our best teacher, if we avoid doing mistakes repeatedly. Go with the market and be with the market.

   Rules :

1. Instead of looking into the news, study the chart carefully. Before the news affects the price, the chart tells the news is coming.

2. Buy at the first pullback from a new high. Sell at the first pullback from a new low. There's always a crowd that missed the first train.

3. Buy at a support, sell at a resistance. Panic time is when the mass get into action.

4. Short rallies not selloffs. When markets drop, shorts finally turn a profit and get ready to cover.

5. Don't buy up into a major moving average or sell down into one.

6. Don't chase momentum if you can't find the exit. Assume the market will reverse the minute you get in. If it's a long way to the door, you're in big trouble. Patience is the key factor here.

7. Trade in the direction of gap support whenever you can. Take risk in favor of directions.

8. Trends test the point of last support or resistance. Be confident to enter here.

9. Trade with the TICK .  Go where the money flows.

10. If you have to look, it isn't there. Apply commonsense and trust your instincts.

11. Sell the second high, buy the second low. After sharp pullbacks, the first test of any high or low always runs into resistance. Look for the break on the third or fourth try.

12. The trend is your friend in the last hour. As volume cranks up few minutes before close, don't expect a miracle  to change the channel.

13. Avoid the open. Start trade after one hour and end trade before one hour of a session, try to be in-between.

14. Look for downtrends to reverse after a top, two lower highs and a double bottom.

15. Bulls live above the 200 day, bears live below. Sellers eat up rallies below this key moving average line and buyers to come to the rescue above it.

16. Price has memory. What did price do the last time it hit a certain level ? Chances are it will do it again.

17. Big volume kills moves. Climax blow-offs take both buyers and sellers out of the market and lead to sideways action.

18. Trends never turn on a dime. Reversals build slowly. The first sharp dip always finds buyers and the first sharp rise always finds sellers.

19. Bottoms take longer to form than tops. Greed acts more quickly than fear and causes stocks to drop from their own weight.

20. Beat the crowd in and out the door. You have to take their money before they take yours.

3 Comments
Web Development Delhi link
6/26/2014 04:49:48 pm

This is an extremely well written article. I will make sure that I will bookmark it and open this page again to read this useful information provided by you.

Reply
msisir link
6/27/2014 02:12:08 am

It is my pleasure to be noticed and got appreciated by you. Thanks a lot.

Reply
Mobile App Developers Delhi link
10/30/2014 03:43:35 pm

This is the precise weblog for anybody who needs to seek out out about this topic. You notice so much its almost arduous to argue with you. You positively put a brand new spin on a subject that's been written about for years. Nice stuff, simply nice!

Reply



Leave a Reply.


    indiae.in
    we are in
    IndiaE.in
    odisha


    View Untitled in a larger map
    Picture
    Mr. Sisir Kanta Mishra

    Author

    I am Sisir Kanta Mishra.
    I am a resident of
     Odisha (India).
    I keep an interest
    in tech related areas.

    Archives

    January 2020
    December 2019
    November 2019
    October 2019
    August 2019
    July 2019
    June 2019
    May 2019
    April 2019
    March 2019
    February 2019
    January 2019
    December 2018
    November 2018
    October 2018
    September 2018
    August 2018
    July 2018
    June 2018
    May 2018
    April 2018
    March 2018
    February 2018
    October 2017
    September 2017
    December 2016
    April 2016
    August 2015
    June 2015
    May 2015
    April 2015
    March 2015
    September 2014
    August 2014
    June 2014
    April 2014
    March 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    November 2012
    October 2012
    September 2012
    August 2012
    July 2012
    June 2012
    May 2012
    November 2011
    September 2011

    Categories

    All
    Art
    Festival
    Financial
    Games
    Legal
    Others
    Science & Technology
    Songs
    Story
    Travel

    RSS Feed

    IndiBlogger - The Largest Indian Blogger Community
    Find us on Google+
    SocialTwist Tell-a-Friend
    Personal Blogs
    Personal directory
    Blog Directory
    Personal-Journals blog
    Personal Blogs
    Personal blogs
    Blogarama - The Blog Directory
    Blogging Fusion Blog Directory
    Blog Directory
    Ping your blog, website, or RSS feed for Free
    Blog Carnival Index - browse the archives
    RSS Search
    My Zimbio
    ExpatsBlog.com - Where Expats Blog
    Follow my blog with Bloglovin
    Top Personal-Journals Sites
    The Blog Farm
    Personal Blogs - Blog Rankings
    Blog Directory
    Best Blogs of India
    Follow this blog

    Blog Promotion Blog Community
    Blog Directory
    Blogs Blog Articles Submit Blog

    Web Directory
    Visit blogadda.com to discover Indian blogs
    true,truth,science,technology,spiritual
    URL Counter
    Web Tracker
    VALID RSS
Privacy Policy
Help Us To Improve
Protected by Copyscape Duplicate Content Checker
eXTReMe Tracker
THREAD  CEREMONY  OF  DEBI


Powered by Create your own unique website with customizable templates.
Photo used under Creative Commons from quapan