Intra-Day Trading : In general people on the street want to make big bucks overnight and resort to day trading. Day trading is like fighting a battle and to
win a battle you need to be equipped with the winning tools. Here we present some of the rules one must adhere to win or to survive.
• Determine the amount one can afford losing in a day. • Do not bet entire amount on a single trade. Divide the amount you can lose in few equal numbers
of trades. • Stop trading for the day if you have lost the entire amount you allocated for the day. • Keep reasonable profit to loss ratio. Profit expected from
the trade must be higher than the amount you are ready to lose on the trade. The ratio of 1.5 to 2 is advisable. Do not enter the trade if this condition is not
satisfied. • Always trade with the trend. Never enter into a trade which is against the larger trend. Avoid trading for the minor pullback or correction. • Keep
reasonable stop loss levels and follow them very strictly. • Never let a profit turn into losses, means keep trailing stop loss. • Do not get emotional with the
fundamentals in day trading.
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Disclaimer : This Blog is for personal information of the authorized recipient and does not construe to be any investment, legal or taxation advice to you. This Blog does not constitute an offer, invitation or inducement to invest in securities or other investments and Nifty Plus Sensex (hereinafter referred as NPS) is not soliciting any action based upon it. This Blog is not for public distribution and has been furnished to you solely for your information and should not be reproduced or redistributed to any other person in any form. Unauthorized disclosure, use, dissemination or copying (either whole or partial) of this information, is prohibited. The person accessing this information specifically agrees to exempt NPS or any of its affiliates or employees from, any and all responsibility/liability arising from such misuse and agrees not to hold NPS or any of its affiliates or employees responsible for any such misuse and further agrees to hold NPS or any of its affiliates or employees free and harmless from all losses, costs, damages, expenses that may be suffered by the person accessing this information due to any errors and delays. The information contained herein is based on publicly available data or other sources believed to be reliable. While we would endeavour to update the information herein on reasonable basis, NPS and/or its affiliates are under no obligation to update the information. Also there may be regulatory, compliance, or other reasons that may prevent NPS and/or its affiliates from doing so. NPS or any of its affiliates or employees shall not be in any way responsible and liable for any loss or damage that may arise to any person from any inadvertent error in the information contained in this Blog . NPS or any of its affiliates or employees do not provide, at any time, any express or implied warranty of any kind, regarding any matter pertaining to this Blog, including without limitation the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. The recipients of this Blog should rely on their own investigations. This Blog is intended for distribution to institutional investors. Recipients who are not institutional investors should seek advice of their independent financial advisor prior to taking any investment decision based on this Blog or for any necessary explanation of its contents. NPS and/or its affiliates and/or employees may have interests/positions, financial or otherwise in the securities mentioned in this Blog. To enhance transparency, NPS has incorporated a Disclosure of Interest Statement in this Blog. This should, however, not be treated as endorsement of the views expressed in the Blog.
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