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Intraday Traders – Must Check.

Many people were amazed to see my trading recos but didn’t knew how to go about it. So I thought to write a short article on how to go around with my recos.

Statistics tell us that the great majority of the time, one end of the daily price range of the BSE occurs within the first hour of trading! Consequently, if we can place a winning trade in the first hour of trading, we’ll have terrific trade placement. Hence it is important for trader to trade early in morning in the stock he has knowledge.

So here are few recos on how one should go around with my recos 😀

1: Only check my intraday trading tips if you are willing to sit in front of your terminal from 9:55 in morning to 3:30 in the afternoon. As some one rightly said “No One Made Money With Smart Analysis, But Everyone Made Money By Investing Smartly With Patience.”

2: One should be completely relaxed while trading remember its your money and once lost will not come back. But Recommendations will come and go.

3: The stocks with S.L. are a bit risky ones. But rewards can be high too. Trade in them with extreme caution.

4: One can enter all intraday stocks in morning itself and enjoy the run with one condition mentioned below.

5: Don’t enter stock that has ran by more than 3% in morning.

6: Don’t ask me while booking profit. Its all yours take it and enjoy.

7: If you take position in my stocks, for intraday, try to take position in all stocks that are being mentioned in small but same lots. You will earn you good profits. Also your risk will decrease if anyone of them doesnot perform.

8: Avoid Using ICICI Direct for Intraday trades. Its not at all recommended as per me.
9: Never average in intraday. Also once you profit from a stock and square your postion dont take fresh position in same stock. This helps to keep check on greed.
10: Never Love your stocks. Never convert intraday into delivery and delivery into intraday.

Now Just Chill Out, Relax and see money being minted.

BEST OF LUCK.

Comments

1. Bhavin - September 26, 2006

Avoid Using ICICI Direct for Intraday trades. Its not at all recommended as per me.

2. Bhavin - September 26, 2006

Keep checking here for further intraday ideas.

3. Rajeev Chatterjee - September 26, 2006

All right, now the questain is, how to pick the winning horse :D, b4 it starts the move!:D ~ the technicals, there are so many …. but will b good if u give some …. 🙂
thanks , regards
🙂

4. Bhavin - September 26, 2006

Never average in intraday. Also once you profit from a stock and square your postion dont take fresh position in same stock. This helps to keep check on greed.

5. Bhavin - September 26, 2006

Never Love your stocks. Never convert intraday into delivery and delivery into intraday.

Please any idea from your side are much more then welcomed.

6. Bhavin - September 26, 2006

Rajeev sir check RSI, William % for day traders and MACD, EMA crossover for delivery buyers.


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