Trading From My Desk

By Author: Prani Shah
Total Articles: 2
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Trading is the action or activity of dealing products, in simple words the action or activity of buying and selling goods and services. Rather than looking for earnings from long-term up trends in the markets, traders look for short-term price moves to profit in both bullish and bearish markets.
You trading plan must includes some facts of trading: what you will trade and how you will trade it. Your plan should be so objective and brief that you could hand it over to another trader and they would be able to execute it exactly.
Successful trading involves more than reading a few articles or books and news from financial portals like moneycontrol tips; you should plan on devoting a substantial amount of time and effort before ever placing a trade in a live market.
A big mistake of many beginners is to want to trade everything. They want to make money in every segment.
Watch the markets. Just by observing the news, financial reports you'll be surprised at what you can learn. Start small. After practicing, begin trading in very small increments.
How much ...
... does a share of stock cost?
That’s like asking how long is a piece of string. The answer is ‘it depends.’
Once a stock moves out of the IPO stage and into the open market, there are a number of factors that go into setting the price.
Setting stop-loss and take-profit points is often done using technical analysis, but fundamental analysis can also play a key role in timing. For example, if a trader is holding a stock ahead of earnings as excitement builds, he or she may want to sell before the news hits the market if expectations have become too high, regardless of whether the take-profit price was hit.
Traders should always know when they plan to enter or exit a trade before they execute. By using stop losses effectively, a trader can minimize not only losses, but also the number of times a trade is exited needlessly. Make your battle plan ahead of time so you'll already know you've won the war.
Know when not trade. It is not necessary to always have a dealing place.
What percent of traders really earn money trading? 10 % make money, and 90% lose it all! Why? The 90% who enter the market are driven by the emotions of greed and fear. They do not have a sound money management plan, and know very little about the proper techniques of trading. The fact is, they do not have the proper training to succeed in this endeavour.
Today’s markets are very profitable to trade. There are several great trading opportunities that happen every day, and you don't need complex technical analysis to find them and profit from them. Care about making money by taking profits when they present themselves, while managing your losses. Keep your long-term investments separate from your trading account. Don't let losing trades become long-term holds!!! It's a dangerous error.. Cut the losses and move on.
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