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TATA MOTORS TARDE

Monday, March 30, 2015

Trade Sure Shot

While trading always remember friends there will be one day when your trade will be stuck in buy or sell, I am putting these line as I can see many people might be trapped in sell side in banks. As we can see all banks took a sharp rally, Now the solution of this trap is important. With my experience , I have learn that whenever you indulges in wrong trade, please dont get panic too much, Understand the situation first of all with cool mind, never run for too many advises, because whenever u will ask in these conditions people will say now nifty will do 6600 or 7000 whenever you sell or in buy side people will say nifty will do 5500. This is general perception, Make yourself cool, and than first step. 1 Dont go to average your wrong trade on sell side or buy side at least next 3 days because some data suggests after 3 days one sides rally took reversal for some % which will help you. 2. Wait for 3 days , and than will cool mind average one trade, because I believe that by one attempt of average after wait, can get you out of loss. 3. Do no initiates new position during that period of time.( in other scripts) 4. Do no try to do hedge or other Scripts as buy or sell what ever. 5. Once or twice will that happen that you have to cut your positions in loss other wise , I believe that you will get out of it without loss after average sell in trade. 6. Always believe in your fundamental study never ever run to buy or sell without any information about it, Understand it and than do that. 7. Never ever run for too many advises make your self cool and take your decision after studying the macro levels. I am sure these points will help you thanks.( these are my personal studies , please take your decision as per your appraoch coz in LAST MINDSET THAT WORKS THE MOST!!!!!!!!!

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