Most of the day traders are loosing their capital due to poor trading plan and improper risk management. Most of the traders are following common trading errors. Here we have metioned some discipline procedure to get good profit in day tradaing. This safe trading procedure will help to minimize your losses and maximize your profits.
Equity Intraday Tips
1. Divide your capital into 4 parts. If you get call from us apply one part in the recommended stock.Don't use your capital fully in any stock. Keep 3 parts remain to open another position.
2.Strictly place stop loss order and target order.
3. Suppose if the stock going against immediately after recommendation, don't close the position until stop loss. Don't average your position in stop loss price.
4. Book partial profit when stock reaches Target 1. Hold rest by modifying stop loss to cost.Book full profit in target 2. If you have less capital you can book full profit in Target 1 itself.
5. Don't avoid any of our calls. Attend all calls.
6. At any cost don't be panic.
7. Strictly follow the above procedure.
8. Avoid trading via phone orders. Do trade strictly infront of terminal.
9 .All our calls are only for day trading recommendation. Strictly avoid taking position unless
we recommend.
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