• Keep your volume constant e.g.: if you trade in five lots of nifty future then trade in five lots only.
• Being contrarians is very important while trading intraday.
• Stop loss is a must while trading intraday.
• Always trade in very liquid stocks i.e. which have very high volume because as entry and exit can be very fast in such stocks.
• It is not necessary that a stock which is weak today during intraday trading might be weak tomorrow also, simultaneously if a stock is strong today might not be strong tomorrow
• With the use of various tool, most of them are based on” range breakouts" or "trend following" systems. Others are based on "pivot points" and other advanced calculation.
Sunday, April 19, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment