Monday, 31 March 2014

Do you Need Any Help to understand your software??

Many times I have seen people changing their software frequently when they are in losses. It is not a good practice. I can help you to understand your software and indicators.

Market does not behave like what software is showing, rather sofware is showing the behaviour of the market...Software helps to predict the future. Market is very volatile and the directions can change any time. It is not good to blame any software if it fails to give you profits. It is your bad understanding which gives you losses. So stop blaming softwares and understand it properly before you start trading. You can not make profits based on sofware from day one, you need hell lot of practice.

I can help you to make you understand your software. Call me on  +918408821962 and  add me on supremecomm@yahoo.com

  1. Don't change your software frequently if it had helped you make profit in the past.
  2. Don't change your trading strategy frequently if you have made profit at least once...
  3. All softwares are good at their own. One need to understand it properly and form a strategy which is best suitable for the software/ programe and stick to it. PLEASE UNDERSTAND YOU MAY NOT MAKE PROFITS ON EVERY SIGNAL BUT WITH A GOOD STRATEGY OF ENTRY AND EXIT YOU CAN MAKE GOOD PROFITS.
  4. All software give good and bad signals. You need to understand to identify good signals and filter out bad signals.
  5. Take help of indicators, I suggest at least two indicators to filter bad signals. 
  6. Yes, again you need to understand how these indicator works
  7. Check past performance of the indicator on each signal.
  8. Form a statergy and stick to it.
Please feel free to call me if you have any queries....... +918408821962 and  add me on supremecomm@yahoo.com

Sunday, 30 March 2014

10 rules of the Trade

10 rules of the Trade

  1.  Never Trade with borrowed money.
  2. Trade with your own money which is extra available with you and even if you loose that money it  should not affect your standard of living.
  3. Never trade with emotions.
  4. Always keep Stoploss for your all trades. Risk reward ration should be 1 : 2. If not then don't trade
  5. Don't over trade. Don't trade which is beyond your capacity.
  6. Always try to enter and exit at right levels. If you miss those levels don't trade and wait for next opportunity.
  7. You should at-least have some technical knowledge about trading. Don't just blindly follow Tips providers. Get a decent Software to judge on your own for any tips provided and then if you feel ok then only trade.
  8. Remember, if market is flat, it is difficult to have successful trade. It is difficult to make profit every day. If any day you loose 25% of your capital stop trading for the day. 
  9. Always trade in the direction of market (Trend). You can get many good opportunities to enter the trade, be calm and wait for right levels. If you are not clear about the direction of the market, no harm in waiting.
  10. Do not panic if the market does not react positively with your trade. Don't keep changing your trades frequently. If the Stoploss is hit, wait for some time to decide on next trade. It can happen that you Stoploss was wrong but your direction was correct. Wait and see which direction market is moving.

Saturday, 29 March 2014

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