stoploss

5 Uncommon Rules of Traders

In fact, I’d bet that deep down you know you should be following these rules as well but you aren’t – yet. Today is the day you can commit to doing what works for other wealthy traders and get on that same path. . . Let’s get started. . 1. They plan every single trade. EVERY SINGLE ONE. Every trader I’ve talked with that makes money consistently knows the following about every single trade they take before they even begin entering a limit order into their trading platform: The highest price they are willing to pay (if they are going long) or the lowest price at which they are willing to sell (if they are going short) Their profit target where they will exit if they are “right” Their stop loss where they will exit if they are “wrong”The risk/reward ratio of the trade The exact percentage of their account they are risking Lots of traders do one or two of these things. Few do all of them. In simple terms they know exactly what they want to pay, how much money they anticipate making (or losing) and a very clear idea on the probability of the trade working out. [...]

Stoploss, Is it right to Save your Big Loss…?

Guesstimate for 22-10-2010

In The 21 Oct. 2010 GUESSTIMATE; Reliance Fut.: Buy above 1058 for targets 1094 (Missed only Rs.2) SBIN Fut.: Buy 3158 for targets 3194/3221 (Full Target done) JPASSOCIATE (Cash): Buy 126-127 with small qty for targets 132-134 (Still Waiting for targets) .. .. What for 22 Oct. 2010…? .. Hurdle: Rs. 503 Crossover with volume & stay for 5min….Don‘t keep long!!! Stock can move up to 512-517 Closing above 517 in coming…Traders can hold for targets 531-537 .. .. (Looks Hot) Buyer may seen 127-128 (Your Stop loss 125) After crossing 131, Stock will move 135 and 139-144 (101% soon) Buy Small Qnty below 130… .. .. (101% hot and fire anytime & Day) Do you think support 42/41/39…? Herein, 3-steps to buy with management of your quantities as per above levels…. Any Time and Any Days, You will see Dabang up to Rs.3-5 on single Days Short Term Targets 45-47 and 51-52 .. .. SBIN Fut. Disclosure: I had written past post, Ready for Go with long 3158(Stay for 5min.) above with volume…Panic up to 3290-3213 (Last Closed 3209) Up move will continue above 3200… For 3264-3286 Don’t long above 3200!!! My Subscribers entered 3155…Full Target done… .. .. [...]