Thursday, June 22, 2017

Market Rules | Common mistakes made by stock market traders


So here are are some 
*TRADING RULES* πŸ€“we advise you to follow *Strictly*  which will *Minimise your Risk*πŸ€” and *Maximize Your returns.*πŸ‘»πŸ’°

1⃣  *Always look at the coming trend*πŸ“ˆπŸ“‰ of the market once you, place a trade.πŸ’΅

2⃣ *Always trade with the trend,*  never trade against the trend until you get strong reversal signals.

3⃣ Never trade more than *10-15%* πŸ’°of your capital in one stock.

4⃣ Never trade more than *25%*  πŸ’΅of your capital in 1 index.

5⃣ *Be PATIENT* ☺😎 A lot of trades sometimes do tests your patience, this is why a lot of impatient traders are washed awayπŸ˜–

6⃣ *AVOID trading in stocks with News, stocks with news are highly volatile,*πŸ”„ you may end up winning big profitsπŸš€ in such stocks but losing big money in those stocksπŸ›¬πŸ˜©
Still if you wish to trade, keep a strictly stoploss⚔

7⃣ *Avoid trading in low volume stocks,* specially by the ones been recommended through operators through SMS, they are only to trap traders for their benefit.🎚

8⃣  *Learn and make a note with detailed explanation on every trade*πŸ“ which makes you learn where did you go wrong ❌and where did you go right.🎯 This will help you in your future trades.

9⃣ If It is important for you to *sell high*, ↗️it is equally important to *buy low* ↙️ 

*Do NOT* get to tempted if you missed entering a trade within entering zoneπŸ™…

1⃣0⃣ If you are a *cash positional trader* try accumulating good shares when markets are trading in *Red* πŸ’” and book your profits when markets are trading *Green* πŸ’š !!
what most people in the market go wrong is that they trade vice versaπŸ€”

1⃣1⃣ When calculating profits, *Do Not Ignore* transaction cost,if you are entering a trade for just *1-2%* and if you’re paying equilant brokerage, then you just end up making money for your broker.πŸ˜‡ *Think about it.*πŸ€”

Some more rules 

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