Sachin Khatri

Technical Analyst

Monday, 06 Feb 2012

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 nota 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 4-5 stocks at a time.
10.    Always go with trend.