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Intraday Tips 11 GOLDEN SUGGESTIONS
1) If your trading capacity is Rs.1,00,000 -Trade
only for Rs.50,000- Do not trade for Rs.2,00,000.- do not over trade.
2) Trade in different sectors.
3) Do not be afraid to buy at high prices and sell at low prices. -Do
not buy just because it is a low price & do not sell because it is high.
4) Buy when there is bad news and Sell when there is good news.
5) Become the buyer when everyone is a seller & Become the seller when
everyone is a buyer.
6) NSE & BSE will never close, every morning at 9.55a.m. ( 5 days in a
week) it will open. So do not try to be a millionaire in a day. It is
next to impossible to earn money every day in stock market.
7) Do not average out in our share tips when market is not in favour.
Limit your losses by keeping a stop loss order - Never cancel a stop loss
order after you have placed it, otherwise you may loose more.
8) Do not hurry to book profit when market is in your favour - wait for
the right time.
9) Remember that if you are caught in a SHORT SELL POSITION, high chances
are that it will give back in less than a month. But if you are caught
in a LONG POSITION it takes much more time to build (Sometimes we have
to wait for 2- 3 years for our buying prices.)
10) If you consider 10 different reasons affecting the market (nse & bse)-
on an average, 7 reasons are for bearish trend & only 3 reasons for bullish
trend. Hence be cautious in taking a long position.
11) Do not forget to adjust daily expenses like Brokerage, telephone &
Mobile bills, Internet charges, computer maintenance, etc. in the profits.
Intraday Tips, Free Trail http://www.intradaytips.com
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