Skip to main content

MOMENTUM TRADING

Big and clear moves in mcx or stock mkt are rare.
In fact mkt is range bound for 70% time.
So for regular trading, we need to take 0.25% margin from total5% range.
But first condition for such trading is low brokerage rate.
If you are taking just 0.25% margin then your brokerage should not be more than 10 paisa at any cost.
and it is quite possilble,If you don't have such broker, we can suggest you one.
Your trading cost is the first step for a trader to work out.Unfortunately traders,who are not able to earn 1 lac a year pay 2 lac pa brokerage unknowingly.
Now keep a chart on screen and just look at it only.
after pressing ctrl+i, you get a online chart in odin, double click to enlarge it.
Your tipper gave you the direction,you keep it in mind.say the call you got is-- buy silver 56400 sl 56000 tgt 56900
then if silver takes a dip to 56120.
you just buy 2 more lots with same sl . risk  will  be -1200.affordable for a silver trader.
sell it @56250-300.
In opposit case,If it hit targets 56900, sell it with 57050 (risk-1500)
buy it @ first dip 56700.
Risk should be taken where it is most reasonable. buy near supports & sell near resistance with strict stoploss.
Maximum commodities show a range bound movements from 10am to 6pm. they show big moves generally after 7.30pm.
So active traders & specially brokers need to practice momentum trading.
IT IS MOST IMPORATNT TO LEARN TO STOP TRADING AFTER PROFIT/LOSS TARGET.
PANKAJ JAIN
THE MONEYGURU
IMM INSTITUTE OF MONEY MGMT
9754381469,9406826679
WWW.SPEEDEARNING.IN

Comments

Post a Comment

Please express honest

Popular posts from this blog

जो सफर में रोक ले वो प्यार ही कहाँ

जो सफर में रोक ले ,वह प्यार ही कहां हौसला ना दे सके ,वह यार ही कहां दौलत से सब मिलता है,इंसान भी बिकता है मगर सब का तो है ,खुशियों का बाजार ही कहां जो असल में चाहिए, वह नहीं तुमने दिया जो कुछ भी दिया ,उसकी दरक|र ही कहां नौजवान रफ्तार में तूफान को मात करता ह तू जिससे चlaता है वह रफ्तार ही कहां के तड़प दर्द ए दिल की हर तरफ से बढ़कर हैं जो बीमार ए दिल ना हो बीमार ही कहां हम तो ऐसी पी चुके जिसका सुरूर उम्र भर मयकदे की मय में वो खुमार ही कहां Pankaj jain  www.speedearning.com
Post a Comment
Read more

How to find strong share in stock market ? How to avoid fraud company

if auditor is changed? tenure of last auditor fancy non audit fee paid to auditor good spend on R& D is better. Software older than 10 yrs is a red flag. we should meet management,detail website or Google maps or not? Montiers C score / Beneish M score to check earning manipulation- growing difference in net income and cash flow. days sales outstanding DSO increasing DSI ( inventory) increasing increasing other current assets to revenue decline in depreciation rate. high total asset growth ( serial aquirer Founder led or family led businesses performed well. avoid averaging if stock makes sector relative low. after 20% setback retest hypothisis  Macro is not that important. China is important  oil price and exchange rates are more important than interest rates. Recession - new & used cars demand falling property rent & buy demand falling. Fertility - late marriage- less population political scene- first year is positive and 3-4 is best  Disruption thru technol...
Post a Comment
Read more

Hunar kya he

Hunar kya he... ghar kya he ,Mera dar kya he kya mera mohalla ,shahar kya he apni deeware gira jo sakun toh chori ka, qatlon  ka darr kya he pinjre me ghus ke yun gum ho gye kaha aasman he ,ye par kya he nazm aazadiyon ki hi sunte gye par pinjre pe pinjre hi chunte gye zara dard aaya dawa dhundh Lee ye socha he kisne asar kya he ye aankhe nazaaro nazaaro pe thi kaash pehle samzte nazar kya he deeware girate toh jud jaate tum deewaren banana hunar kya he Pankaj Jain
Post a Comment
Read more