A few tips would be : Set a stop loss Book profit when the target is reached Choose the right stocks. (liquid stocks0 Determine your exit and entry points Formulate a plan each day Time your trades Know when to stop Not more than two or three trades a day
Yesterday I have taken a buy call in crude oil at 3890 and exited from the call 10:10 pm at 3957 Total Profit: 67
Start trading real money when you know whether and where you have an edge. Don't follow tips or jump from market to market and idea to idea. Do your homework first. There is no such thing as a free lunch. This is not a game. Trading is a business.
Agreed! We need to do a research ourselves. Following the crowd blindly should be avoided since a thing that works for someone might not work for you. So accept ideas, tricks,tips but in the end do what you think is the best for you as per your logics.
Just learn from experience. Profit or loss learn from it and develop the knowledge and improve the skills
Yes, keep track of it gives me an idea of what to do in the next trade. Certain goals are achievable certain goals i keep it as a challenge to improve my trading skills.