Best Plan to win intraday trade ?
Best Trade plan to win the Intraday trade
We will not say you be discipline. Don't over trade. Don't take risk .learn from the mistake or even do not trade in stock market. These are the old rustic advice which one trader never obeys. In trading the risk is the business and we believe in one advises "Calculated risk". Why we say the above advice is the rustic advice? If institutionals, hedge funds or any of the HNI obeyed those rules judiciously then we would have not experienced the, sub prime like credit crises. We allways advise the calculated risk method.
During this process of innovation and calculated risk model we have come with many wonderful trade models and answered many complex queries which you may or may not would have thought of
As trader you need the following information to initiate a successful intraday trade model.
- A. You need to know "When to do intraday trade and when not to do intraday trade?"
- B. You need to know the "Maximum probable move or the maximum price fluctuation which the stock or the index may show in a intraday "
- C. You need to know the energy points or the price points which will confirm the trend or the direction of the price move.
- D. You need to have a protection mechanism to safe guard you if any thing wrong happens which you have not anticipated or your analysis never warned you.
These four techniques are needed to formulate a successful intraday trade plan. We must say one thing money never come to any one without hard work. The work may be mental or physical. If you believe in stock market money can only be earned by unintelligent speculation or just by hearing from others or by taking the help of some people or by glancing the news paper and news channels or by begging some tips from some one then we will certainly say you are in wrong direction.
Then you have all the right to ask us whether the four steps explained above by us is easy to follow or not. Yes it is easy to follow and implement. In order to follow the point A and point B , just click in the link. To follow the point C and Point D just follow our intraday calculators also the option calculator. If you are willing to spend 30 minuet to read the associated articles and plan your trade using our calculator certainly you will make the success.