BOTTOM
BHALJA ENTERPRISES will provide you tips, only for intraday
traders (day traders). We don't give long term - short
term calls. We will give you calls after stock market
opens till the market ends i.e. during the trading hours.
Most of the people think that earning money In intraday
(Day Trading) is too tough. But we have made it easier
by providing some useful suggestions, Following these
instructions will help you to earn more & fast money
from the stock market. ( Read
our disclaimer before using our intraday share tips)
BHALJA'S 11 GOLDEN SUGGESTIONS 1)
DO NOT OVER TRADE & NOT MAKE HURRY TO BOOK PROFIT.
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.We advise not hurry to book profit when market
is in your favour - wait for the right time.
2)
Trade IN DIFFERENT SECTORS. Do
not put your all capital in one sector divide your capital
in different sector.Trade in 2 to 4 Stocks at a time
with strict Stop.
3)TRADE
WITH TREND
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.Buy when there is bad
news and Sell when there is good news.
4)DO
NOT EXPECT PROFIT ON EVERY DAY.
If you consider you are a smart trader who can make
profit on every trade, you are 100% wrong. Always be
flexible and accept the fact as soon as you realize
that you are on wrong side of the trade. Simply get
out of the trade without changing your strategy during
the market; it may cause you double losses.
5)WITHDRAW
PORTION OF YOUR PROFIT.
iT is must that trader must take a portion of the profit
and put it in separate account. This is absolutely must
for long term stability in the market.
6)AVOID
TRADING IF YOU ARE NOT CLEAR
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)IF
YOU WILL AVOID STOP -LOSS, NEXT DAY MARKET WILL AVOID
YOU. (FOR TRADING WITHOUT CAPITAL)
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)
TRADE ONLY IN HIGH VOLEME STOCK ( FNO STOCKS)
In low volume stocks the spread is too high and chance
of Stop Loss limit getting failed is too high as there
would be no Buyer or seller at your Stop Loss Level.
9)SELL
SHORT AS OFTEN AS YOU LONG.
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.)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.
10)RUMOURS
CAN RUIN YOU PLEASE DON'T FOLLOW THEM. RUMOURS CAN RUIN YOU PLEASE DON'T FOLLOW THEM
or ‘Rumors’ is part of your strategy. Believe
in Charts, act on Charts. There is no second best option.
11)DO
NOT FORGET TO ADJUST DAILY EXPENSES.
Do not forget expenses like Brokerage, telephone & Mobile
bills, Internet charges, computer maintenance, etc.
in the profits.
ADVANTAGE OF INTRADAY Trading (Day Trading)
1) You will have to pay less Brokerage.
2) Everyday you can do fresh trading according to the market trend because
everyday market trend is different.
3) After stock market closing, no body can predict next day's market opening.
4) There is no need to pay any carry forward margin.
5) In intraday you can trade good volume with low risk. Hence chances of earning
more are higher.