Thursday, October 15, 2015



As a trader you need to understand why it is that you enter a particular position, what is your own specific reason for position entry; the answer cannot be "It looks like it is going up". You cannot put down money based on a gut feeling; you have to be motivated by a technical reason found in the chart that you are observing. Another factor that will influence your trading is volume. The average daily volume of a stock that you choose to trade should be at minimum 1M shares. Be very cautious when risking your Equity tips, make sure you have spent sufficient time paper trading, otherwise you will pay a lot of money in market tuition... and that can be quite costly.




Something else that will have to be considered is your personal workstation. Keep your work area clean, and uncluttered. A messy desktop will not allow you to think clearly, and will prove to be distracting. You will need a good monitor setup so that you have ample real estate to view charts, level 2, etc. You will also require high-speed Internet connection and a good direct access broker. This is a serious profession based on mathematics and market psychology, so act professional. If you trade with a budget day trading casino mentality, you will quickly gamble away your entire account.

If you want to improve your stock trading profitability with the help of Commodity tips, stock cash tips, intraday tips and many other segments you can visit Equity Research Lab website or call at 8109999233.


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