TIPS FOR DAY TRADERS

TIPS FOR DAY TRADERS

1) If you are getting profit then please do book your profit first. Do not wait for more profit.

2) Do not wait or keep any trade more than 1:30hours. First book the profit or loss & then do new trade.

3) If advance Shares are more than Decline Shares then never make short position.

4) When you see that Numeric of Decline Shares is increasing means”GIRNE WALE SHARES” on that time short the position in Nifty.

5) Many times I saw that, only on the basis of day Trade Shares or depends only on Future’s Window short or buy position have been done by many Traders. But if sellers stand in more numbers then do not do any short position, first do wait and watch the shares rate & now do your position short on Higher Level Rates. Same as above if Buyers stand in more quantity wait for some time & when rates of the shares are coming lower, on that time you just buy.

6) If any Shares & Future Scripts do trade up to the 10 minutes of Crucial Point, that time should be buy & book the profit on R1-R2. When you are going to short the position do trade down to the 10 minutes of Crucial Point (According to below) & book the profit on S1-S2.

7) Always keep stop loss on Crucial Point.

8) If any Shares do trade on the 5DMA then be buy on that time but first see Crucial point.

9) If any shares do trade under the 5DMA, just do short the position but first see the Crucial Point carefully.

10) Never over the position for any greediness.

11) Do trade only depends on your capability.

12) Your money is only yours, don’t turn it into loss.

13) Safe & profitable trading is that should be do 1 or 2 trade only in a day & if you are getting profit of Rs. 500/- to 1000/-, you can hold this trade or you can keep it for Delivery base.

14) Please listen & watch carefully that whole profit is not only for yours.

15) You cannot catch Higher Level & the Bottom Level, so please be carefully always.


Note: If you will do trade according to these above tips, you will never take any losses in future.