Basic Trading Rules | Basic Trading Rules |
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1. Avoid
Overtrading
2. Avoid trading on
market rumors.
3. Avoid trading in
all stocks from same sector.
4. Getting a
portfolio designed from Stock Analyst or based on the basis of your research is
a wise decision.
5. Don’t rush for
profits if the market is going in right direction.
6. Don’t go for a
stock because it is low priced, the profits are calculated on %age basis.
7. Every day is not
a money making day for a trader, your strategies may not work on some days.
8. Avoid averaging
when the stock if falling, you can grab the stock when the stock has fallen to
its lower levels and there are indications of upward movement in the coming
sessions.
9. Avoid watching
more than 3-4 stocks at a time.
10. Always go with
trend.
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Buy L&T (Larsen & Toubro) with a target of Rs. 2950 cmp Rs. 2590