Wednesday, December 14, 2011

How to trade as per levels.

  1. At given levels first buy 2 lots.
  2. At first target book one lot and keep other lot as per below SL.
    • 1st Target hit , SL and entry price are below 20 ema, then revise SL to cost. 
    • 1st Target is hit, and SL is below 20 ema and entry price is above 20 ema, use original SL. 
    • 1st Tgt is hit and SL, entry both are above 20 ema, hold with origional SL.
  3. Vice versa for Shorts also.
Once SL hit reverse the trade with out fear though SL hit many times.Nifty take a move in one direction and give profits in that case and help you to recover the loss in SL.

2 comments:

  1. can u send your free tips on mobile ? or yahoo ?

    please contact me on 8128423824. for some good talking.


    or give me your mob no to me

    ReplyDelete
  2. Ashfak, Sorry, I don't have access to any messengers in office and cannot send sms on mobile or yahoo due to restrictions in office. I shall call you during week end.

    ReplyDelete