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Golden Rules for Intraday Trading in Indian Share Market
Intradaytips .com has simplified rules of trading that will help you to earn money in quick time without losing you capital in stock market. You should first catch the market trend and trade accordingly. We also want you to trade in different sectors and different stocks. Intraday traders should follow all our Golden Rules for Intraday Trading to earn money in Indian share market and avoid to loss in trading. If you follow our all following Rules for Intraday trading intraday traders never do loss in day trading.
- Keep records of your share trading as a results & Pyramid your trades correctly.
- Keep a positive attitude in Intraday trading all over the day
- Don't take the share market home. Share market will also open tomorrow so keep in mind that Today is not last day for Share market so please Never over trade.
- Forget your Education & degree and trust your instincts.
- Trade with Share market Trend & Don't trade if trend not clear.
- Intraday traders should never afraid to buy at high price or Short Sell low price.
- Continually strive for patience, perseverance, determination, and rational action.
- Very Important Rule of Intraday Trading - Don't trade without stop Loss & Limit your losses for the Day !
- If you cancel stop loss order in day trading ,You will loss your all capital in one trade.
- Decide & Place the stop when you trade for intraday.
- Always discipline yourself by following a pre-determined set of rules.
- Remember that a in Intraday trading bear Share market will give back in one month what a bull Share market has taken three months to build.
- Don't ever allow a big winning trade to turn into a loser. Stop yourself out if the Share market moves against you 10% to 20 % from your peak profit point.
- Expect and accept losses gracefully. Those who cry over losses always miss the next opportunity, which more than likely will be profitable.
- Split your profits right down the middle and never risk more than 50% of them again in the Share market.
- Have you taken a loss? Forget it quickly. Have you taken a profit? Forget it even quicker!
- Divide your capital into 10 equal risk parts.
- Never let profit turn into loss.
- Never try to be over smart.
- Withdraw some portion of profits regularly.
- Never buy a Share to get dividend & Bonus.
- Never average in your loss trade with stop loss.
- Always Take big profits and small losses.
- Never buy a Share just because it is low priced or don't sell just because it is high priced
- Decrease your trade or close the Share trading ( for the day ) after a series of successful trades.
- For Intraday Share trading Buy on rumor and sell on news & book profit fast.
- Nothing ever new occurs in Share market.
- Leaders of today may not be leaders of tomorrow.
- Trade only the active Shares.
- Never do partnership in Share trading accounts & trade your self by online trading.
- Profit can not be made every day in the Intraday Trading.
- Intraday Traders should niether Panic in Bearish trend and Never be Greedy in Bullish Market.
Intraday tips team concentrate all above Golden rules and provide Intraday stock tips also give 2 days free trial.
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