This year a lot of big revolutions are coming in Indian stock market trading. This year you must develop a trading setup for yourself. Competition is going to be difficult. In the past, many people have opened their own D-mart account. Some people have made a profit; some have lost their investing money.
Everyone will be involved in the market boom. Some will study somewhere and some from their entire trading experience. This is a battle, every day you sit in the trading terminal and try to defeat the person in front of you. But this time the war will not be so easy. This time the rules of war and enemy manoeuvres will be different.
In the market, the discipline is the same, but as people change, their trade entry and exit are change. Trading relies on technical analysis; Technical analysis is the task of analyzing the behavior of the people who are the participants in the market.
My point here is that you should know how the enemy behaves in the battle. This year, you will get three types of traders.
- Old traders: – who have been trading through the old strategy, They have significant wealth, and a lot of money.
Great Strategy and Experiences and they have the fame of using the qualities in the right way. In this way we can understand, we are fighting with a black belt karate person.
2. Educated traders: – Whether you believe it or not, education is a means that keeps you one step ahead in the initial phase. They have the answer before the emergence,
The practice that they have done would be useful here. With that, they are having experienced teachers. Winnings from these will not be easy.
3. 2020 traders
They are the ones who started trading at the beginning of 2020. See this bear market as well as the bull market. they Learn this from the Internet, they have the experience of both market up and down.
So some of these must-have earned money and some may have lost. As you all know, a wounded lion is more dangerous than a hungry one. Due to these, the reason for winning is a little complicated.
Rules: – Margin and taxes
Everyone must have known that the exchange has put a lot of restrictions on the margin. Looking at all of these, we will have to remain a little aware, while trading. I have brought some changes to my trading strategy. It is to be seen that the strategy is the same but the way to use it is a little different.
Yes, money management is the biggest part of trading. If there is a disturbance in this, then as often as you make a profit, everything goes at once. You have to calculate your losses, trading expenses, and tax.
You have to keep profits three times the total (Expenses, stop-loss amount, taxes.). You don’t get this much in trade; I will not ask you to take that trade. It is as simple as the price increases after stop-loss.
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