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A Healthy mind set is needed to trade in MCX, NSE, and Forex Trading

A Healthy Mind Set is needed to Trade in MCX, NSE and FOREX Markets

Why some people are giving outstanding performance in any area in which they wish to put themselves, and others cannot make this outstanding even though obvious talent? Studies shows that this is because of the way in which they think about their ability and they believe to do their best. There are two kind of mindset they are fixed mind set and growth mind set. We are born with certain kind of personality or ability and if we cannot change it by our growing time it is called fixed mind set. Growing mindset is the development of our ability or personality through hard work and effort. These are the two factors differentiate a successive person from a failure one. If the brain of the people with growth mindset is active then it can be said that they can improve. If we come in to trading we can see the same mentality. Trader should have a healthy mentality to grow his wealth to the extreme level.

Keep the following in your mind to be a disciplined trader.

  • Take the market as an opportunity.
  • Be responsible for your success and failure.
  • Try to make good trades through good strategies.
  • Consider the losses as a part of trade and learn from the fault.
  • Don’t approach personal towards the market make a professional approach.
  • Don’t be over exited or over depressed.

Market gives the same opportunity to all traders. All are trading with same commodity or stock with same prize and trend. But why only few are in profit and others are in loss. This is because of the difference in the approaches. So you must have to update with the market and find out the loopholes to overcome your usual losses. Majority of the loss are due to greed and fear. Many of them are enter in to the market only to become rich. Obviously they couldn’t satisfy the minimum profit. But such people should realize the fact that making profit in stock market can be compare with the collection of food of ant. There is a limit to hold everything if we try beyond that limit definitely will fail. At the same time you will face some situation in which you take risk. If you are not doing that at the time it will cause to loss you. Use trading as an opportunity to put your effort and hard work to build a better carrier rather than make instant growth in your investment.

Market gives you a vast opportunity to make money. If one does trade in a disciplined way then there will never arise the chance to blame the market, government or anyone else. Focus the market and don’t fail to recognize them.

Now days there are a wide collection of trading tools in the market.  Majority of the traders are using them. Yes, they are able to give good result as your expectation. As you know humans have a tendency to put the reason of their mistake on the head of others. All the traders enter in to the market by accepting the truth that market will never go as per our wish. In some cases market will go reverse at that time trader usually blame the supportive tools that they were used. It may be the indicator, or the individuals. This is not a professional approach. If you are professionally approach trading you should accept full responsibility for your success and failure.

A good trader is one that follows your rules, regardless of whether it is profitable. For a trader, making good trades are important than making profit. Because every trader will adapt trading strategies for their selves to exists in the world of trading.  There is a saying “try again and again until you get succeed”. Yes, you should try at your best level that is the success of good trader. So ride many ride as possible you can. Don’t forget to avoid over trade. Use derivatives, it will help you to make profit in all kind of market. So the trader need to do is, observe the market all the time to get better opportunities. Don’t try to impose your will on the market.

To win in your trading you should careful about your trading and treat every trade is just another trade. For that you can use money management techniques. Don’t use over leverage and should keep certain rules try to take losses in your trade to understand why the market is against you. Each and Every loss teaches you most important trading lessons. Then you can realize the fact that losses are normal and thus you must be financially and emotionally prepared for them.

Some days may show good trends in the market they are called as trendy day. As a trader you should know what the primary trend is and continue with the current trend. When you become extremely stressful? a trader become extremely stressful when he doing counter trading. Means, buy at a dip on a down trend day. With an expectation of a bounce after so many days down trend traders go for a counter trend. To become relax at this time you must do scalping 10/20c here and there.

Like every competitions trading also have winners and losers. You will sad while your friend win in a competition. It’s a human nature. But in case of trading there is no reason to worry about the winners or losers in the market. We don’t know personally the winners or losers. At the same time don’t forget to reduce your over excitement about the winners and depression about the losers. If you are a winner try to keep going. If you are a looser try to understand the point in which you made mistake and improve yourself.

A healthy mind is also important like a healthy body. Especially in trading you should need a good and perfect mind set which is able to guide you in to profit.

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Some good reads

Importance of Support and Resistance in Stoploss Calculation

Important of Support and Resistance Levels in Calculation of Stop Loss in Trading

There are several methods for the calculation of Stop Loss values in Trading. Such as setting stop loss based on a percentage of your account, based on Support and Resistance from chart, based on price volatility, and based on time limit. Out of these more sensible way of setting Stop Loss would be to base it on Support and Resistance from chart. Before going to that let us have a look in to the support and resistance level.
The support and resistance are particular price points on a chart. Support is the price level at which more chance is to increase the price than declining. At this level demand is strong such as can expect more number of buyers. Usually support levels lie below the current market price. But sometimes it becomes very difficult to establish the correct support level from the chart. Support as its name suggest prevent price from falling further. Sometimes, price movements can be volatile and may briefly dip below the support. If the price closes 1/8 below the established support it does not seem logical to consider a support level broken. This is the reason that some traders establish support zones.
Likewise, resistance level is the price level at which more chance is to decrease the price than increasing it. At the resistance level number of sellers is more than number of buyers. Unlike support level resistance level is always above the current market price. Resistance as its name suggest prevent the price from rising further. The support often acts as a trigger to buy similarly, resistance often acts as a trigger to sell. How to identify this support and resistance level is obviously the next question. The identification process is simple and same for both support and resistance.
There are four steps to construct the support and resistance levels. They are
1. Load data points
2. At least three price action zones identification
3. Alignment of the price action zones
4. Fit a horizontal line
Step 1
In order to identify short term stop loss and resistance level load minimum 3-6 months data point. And to identify long term stop loss and target load minimum 12-18 months data points. Usually swing traders use long term support and resistance points. For day trading and BTST trading short term support and resistance level is used.
Step 2
Identification of the three price action zones such as
• The zone at which after a brief up move the price hesitated to move up
• The zone at which after a brief down move the price hesitated to move down
• Sharp reversals zones at specific price point
Step 3
The identification of same price action zones that are at the same price level. But it is very important to note that these price zones are well spaced in time. That is if the first price action zone is identified on second week on June, then it will be meaningful to identify the second price action zone at any point after 4th week on June. If the distance is more the S&R identification becomes more powerful.
Step 4
Connect the three price action zones around the same price levels with a straight horizontal line. So we get a price value. By comparing this price value with the current market price it become either resistance or support point. The support and resistance points are only indicate possible price reversals. This cannot be considering as certain. Like other tools in technical analysis, one should balance the possibility of an event occurring in terms of probability.
For a successful technical analysis the identification of support and resistance is an essential key point. You may face some difficulties to track the correct support and resistance levels. However, better awareness about support and resistance locations and their existence can greatly boost your analysis and forecasting abilities. The breakout of a resistance level is a sign of increased selling pressure and potential reversal. The breaking of support and resistance level indicates that the relationship between supply and demand has been changed. Resistance breakout means demand has gained the upper hand similarly support breakout means supply (bears) has won the battle.
How to set stop loss based on support and resistance level?
Now let us discuss how you can calculate stop loss values based on the support and resistance level. Taking chart saying stop loss is a more sensible stop loss determination way. But you might always be aware about the market. While observing the market movements you can see different varieties of price actions. One is that price stick on some certain levels not push or break beyond from that level.
For a trader it is always better to place stop loss beyond support and resistance levels. Often think that a break of support and resistance area will bring large number of traders to play the break and further push your position against you. On the other hand if those levels do break, then there may be forces that you are unaware of sudden up/down movements of the market.
It seems that the market moves up and then you decided to go for a long trade. But before you go for a long trade ask the following questions to your mind

• Where I could set my stop loss?
• What conditions would tell me when my original trade idea is invalidated?

If you take a long call then set your stop loss below support area and trend line. In this case, if the market moves into these areas which implies your trade idea was invalidated. So exit the trade and accept the loss.
Similarly in the case of a short call set your stop loss above the resistance areas and trend line.
Example: Long Crude Oil
The Crude Oil has been trending up. Price has hit the rising trend line a couple times which makes for a nice support level. You could place a long order right at the downtrend line (3650). Now, where you would you place your stop loss? Your stop loss would be placed at 3620. Notice how this is below the support area: the rising trend line. Let’s set profit targets at 3665 and 3675. The trade is triggered. The trend line holds as support and price rise.
Your first profit target is hit. The second profit target is missed by a single point but by that time, you had moved your stop loss to breakeven (where you entered long) so you lost nothing. This is an example of using support as a guide on where to place your stop instead of simply using a fixed number.

A direct stop loss displayed software is always useful for a trader

Avoid the myth and adapt truth for the successful journey towards stock market

Avoid the myths and Adapt the truth for a successful journey towards Stock Market

The most thrilling part of trading business is investing in stock market. You can enter in to stock market in two ways either directly or indirectly. If you investing through a third party broker it is the indirect way of investment and if you buy the stock of a company directly and become the share holder of that company then it is the direct way of investment. You can choose your method as your like. Indirect way of investment is comparatively easy than that of direct investment. If you can be little mature and you are ready to handle the situation with patience definitely you can win in the stock market. Above all you should have enough time to spend in market as well as to gather the knowledge from the market. It is not so difficult because the information is available in the very finger tips of you. So you can easily avoid the myths and adapt the truth. Some basic things are there that you have to follow when you are trying to make a foundation stone in stock market. They are,

  • Must know that you are become a part of the particular business that you are planned to buy or invest.
  • Should keep a tool which is able to analyze all the factors regarding the company.
  • Should be alert with the market.
  • Should have a clear idea about what you are going to buy.

Many people refer the stock market as gambling. Actually the stock market is a reflection of the economic status of a company. That is why the economist refers the stock market as barometer of economy. Stock market will be gambling only when someone enter in to the field without proper understanding. So the success will depend only on your luck. The lack of knowledge about stock market will lead you to depending on others or imitating others this is reoffered as herd mentality. The people who show this behavior has a tendency to buy or sell the stock by following others. That is why experts say that should have clear idea about the company in which you are investing.

Majority of the traders thinks that investing in stock means investing in the market, it is fallacy. Actually you are investing in stocks not in the market. That means you are investing in the equity shares of a company. Once you invest in the share of a company you become the share holder of that particular company whose stocks you are buying. By this you become the owner of a small part of the company. So the losses and profits that the company suffers become a part of you. So you should collect the information regarding the company. It will help you to have a deep knowledge about the performance of that company.

Evaluation of the value of a company is a very difficult task because if you are going to evaluate a company many factors are there to analyse. One of the main factor is climatic changes, other factors includes monsoon, political scenario, changes in the management of the company, natural calamity and many more. So calculate the subtotal of these factors are too difficult. It can be easily calculate by the PE ratio of the company. PE ratio is a prime factor that you should know while you invest in stock market. It is a most widely used tool for stock selection. PE ratio is calculated by dividing the current market price of the stock by its earnings per share (EPS).

So make sure that is it possible to get a huge profit over your investment that the company promising you. Company with high PE ratio has typically high growth. So it is enough to find the value of a stock or company in which you are going to invest. If you give your ear to all the factors for your surroundings you will be in dilemma and can’t be find a good decision so it is an easy way to find the value easily. Another method is beta analysis. Don’t be fear by hearing the name. We are familiar with the word beta. Actually it is a Greek term. In investment, beta indicates whether the market is more volatile or less volatile with respect to the whole. Now a day’s major stock data providers gives the beta at the same place were the PE ratio is shown. In other words Beta is a kind of risk indicator. The company with high beta is able to give high profit as well as high loss. So it is better to invest in a company which has low beta value. For a fresher low beta company is better to invest. So this can also be used as a tool for stock market investment.

Investing in stock market is very difficult task for a fresher. If you ask to a person he never invest in stock market you will get the answer like the “it is very difficult and can’t understand easily”. Similarly if you ask a person who is already invested in stock market will say the same. It is the human nature they try to think that they know everything after doing something one time it might happen the people tries to make their personal financial status so they try to make it in the best way as they can but it seemed as difficult for others.

You should be able to give more attention to the market. If you want to buy a stock, then you have to know the worth price for buy the stocks which is enabling you to make profit. It is necessary to study the market. Otherwise try to take an advice from the person who has sufficient experience in this field.

For a safe trading you have to know what the stock you are buying or investing. You can reduce your huge loss by investing in the stock of a reputed company because only a reputed company can give you enough income. So try to know about it very well before you buy the stock.

How much a buy sell signal with real time data influence pro traders? some good reads

Is there any difference between Demat account and Trading account

Is there any difference between Demat Account and Trading Account?

There is hardly a question will arise in the mind of a new investor and also many other investors that, Is there any difference between the Trading account and Demat account? Before proceeding further everyone keeps in mind that trading account is the central point where the buy or sell activity takes place whereas demat account is a trading system facility.

Let’s take a look, consider you have money in your wallet. And you want to buy one packet of bread. Then you go to the shop and demand the seller one packet of bread, He provides it to you and you check the price details, and finalize your deal. Then, you take money from your wallet and give it to the seller. Here, in this example you are the trading account and your wallet is the demat account.

For online transactions in trade market, first you have to register with stock-exchange. For this, you can open an account with Brokers who trade on your behalf in the stock market. All the investment of a particular investor is listed in this account .This is the trading account. So this trading account acts as a platform for your buying or selling process. This account connects to the stock-exchange from where you can buy/sell. So as its name suggest a trading account is a trading platform where your buy/sell taking place. Whereas, demat account provides electronic share and security holding facility. Shares are bought and held in demat account while online trading and this provides easy trade to users. Actually demat account is a store room. Where you can store the investment details that one makes in shares, government securities, exchange traded funds, bonds and mutual funds. Like a bank locker, in your demat account you can keep all your valuables in electronic format.

According to SEBI act 1996, Demat account is a must for equity investors, by using demat account you can hold all your investment electronically. So that the physical securities and associated documentation can be eliminated. So the demat account reduces the paperwork and thus the entire transaction become fast. Physical copies associated with so many risk such as physical damage ,misplaced or lost ,and may get torn all these can be avoided by opening  a demat account and the dangers like  fake securities,  incomplete paperwork or  bad deliveries can also be avoided. Cost can also be reduced by using a demat account, the expenses like stamp duty, handling charges etc.

When you open a trading account first your fund transfer from your bank account to trading account and when you buy shares an equal amount of money will be deducted from your trading account also when you sell those shares an equal amount of money will be added to your account. Likewise in a demat account whenever you buy stocks that will be added to your account and when you sell stocks that will be taken away from your demat account .Actually trading account act as a link between demat account and bank account. Now a day’s banks offer 3-in-1 accounts in that account you will get all the three benefits from your broker. Account opening cost and fees will be higher than one who offers only Trading and Demat Account. However, if you are looking for convenience, then you can go for it.

The importance of accurate entry and exit point

The importance of accurate entry and exit point in right time while Trading

Recognizing a good entry point is the first step in achieving a successful trade. Entry point is the price at which an investor buy/sell an asset. And exit point is the price at which an investor exit from trade with profit or loss. Money management and determination of entry/exit points is the two half of trading like the two sides of a coin. The trader community has been extensively examined entry points with divergence/convergence phenomenon, but exit point has not received much attention because of its complication tendency. But inconsistencies which appear between price and everything else complicate trade timing. So to reduce the degree of uncertainty from our trades exclude price from all the calculations made. But it is not possible, since price is the only profit and loss determinant in our trades.  Your success or failure as a trader depends on your trade entries. One fault entry break your month in the market but a good entry will make your month in the market. Using better stop loss placement decrease your risk of being stopped out of a big move in the market. The risk reward potential of a trade can be significantly improve by a better trade entry.

Most of the traders make faults entry at the point where the market is already at or near the extreme high / lows from the recent state. Always traders take this decision when trend break the extreme high and continue with the expectation that the price will continue moving with the trend. But actually what will happening is when the price hits these areas, the price usually drops down into the previous range, all effect is losses. The reason for these losses is that the market will never move in the same direction after the trend reaches an extreme highs and lows. Such entry will always results in losses. The only way is to avoid such type of entry and if already entered in that point better is to exit with some loss by placing stoplosses.

Another loss entry occurs at the point if anyone trying to trade in line with the original moves where there is a large move but cannot be identify the reason behind this move. At this time the direction can change quickly and turn out to be a new move in the opposite direction. This will result in losses. Some of the traders use reversal strategy for trading. In reversal strategy traders take the trade with the expectation that market will change its trend from recent trend direction. Traders make use pivot point levels, Fibonacci levels. Trading reversals can only be used when the market is not trending in a clear direction, and should not be used in all market sessions.

Exits and entries are generally governed by fundamentals in the same way. You’re in a winning trade, and now you need to figure out how profitably you can exit the trade. You should plan your your exit point before your entry. Below we mention a number of different ways to exit as profit trade; no matter in your selection, the aim is to strike profit and not become so greedy the market is reversing on you.

Timing is always the top issue in trading. Since timing is the profit or loss determining variable, the emotional intensity of the decision is great. Every successful trader should achieve a degree of emotional control and confidence. Trade timing may give severe pressure to novice traders. But calm and patient attitude towards trading will never give a chance to develop. This problem can be avoided by control pressure at the trade time even at trading career start time. All these factors lead us to consider for trade timing the gradual method is the best one, while minimizing our risk.

How can become a profitable trader with the help of best technical analysis software. Follow are some good reads regarding this.

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Make your move with best trading system

Trading is a game, make your perfect move with a good Trading system

We are in the twenty first century. And here everything is moving very fast and so nothing is impossible. We can see this change in trading also. In the earliest time people have no any other option rather than the news flow. At that time they felt that trading is burden for them and they have to work so hardly to gain minimum profit. But everything got changed and the time is also over. The studies tell that the secret of majority of the winning traders are technical analysis. Here they give priority for the technical side more than that of fundamental side.

No one can predict the movement of the market. It will never go in uniform motion. Markets will fluctuate with respect to the price action. There are many factors which can influence the movement of the market. Many of us are ignored with that. It is true that we can’t analyze such things properly. But we have an option to follow the correct movement of the market. One of the best options is to acquire the support of trading system. Only it can lead you in the right way.

But we will get an idea about such situations from news. And in accordance with that news people make some decision. Actually trading is a game based on the psychology of traders. One’s loss becomes another ones gain. So take trading as a game. If you can’t play well you will fail in that game. As player you have the fear if you are serious trader. No wish to loss their money. Instead of that they need to make money from trading. But fear will never motivate you. If you have a fearful approach towards trading it is sure that you will have no progress. It will affect your daily life also. No one can remove your fear rather than you. But you can easily control your fear if you realize that there is nothing to fear in trading. I already mentioned that trading is a game. Here your ability and knowledge has the priority. Trading is a good platform for you to put your best level.

If you are a beginner you felt that trading is different world for you. Here you get disappointed. How will you make your move? When can you make your trade? It is quite natural. But an efficient trading system will support you a lot. It will have an ability to give the proper instruction for you. In case of your entry point and the exit point. Even the experts have doubt where should they enter or exit. It is not so easy. Our over fear and over greed will push us to make unnecessary entry or exit. If you can’t find your correct entry and exit point it is sure you will be in fail. Above all you should be a good learner because each and every trade has something new to teach. The best way is to learn from your fault. Dream is good factor which can make you in the peak. But over expectation is not good in trading.

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Strategies of Scalping trading

Strategies of Scalping trading

There are different time frames are available in trading for the smooth running. It also help for achieving profit easily, They are one minute(M1), five minute(M5), 15 minute(M15), 30 minute(M30), one hour(H1), 4 hour(H4), one day(D1), 1 week(W1),  & one month(MN). M1 is for scalping trading in this time frame the price fluctuation is happen within a minute. M5 & M15 time frame can be used for day trading. M5 is the five minute price fluctuation & M15 is the 15 minute price fluctuation. M30 means 30 minute price fluctuation and so on.

Scalping has risk & rewards and you can trade more than one trade in a day. Scalping is very good for beginners. We can trade small trading in a day itself through this. That way we can achieve profits within seconds. Or a beginner can surely got success in his trading whether he starts his trades by scalping. Also we can control our emotions such as greed, fear etc by a small trading in scalping.

Scalping has some risk also. We can trade only by small amounts because there are so many profits & losses in a scalping trading. Small amounts are good for this. We cannot get full profits in scalping we got a loss also. If you trade with large amounts, then you got loss, and it will destroy your amount, whether it is large or small. If it is large amount our full amount lost within minute. Small amounts are always good for scalping.

Scalping is better for a day which the market have no much movement. In that day we can predict small movements through scalping. But it is not good for a day which the market has well up & down movement. If you are an experience trader, scalping is not good. Day trading or position trading is suitable for you. There are so many unnecessary entries are there in scalping. Experience trader has some confusion when he saw the sudden movement of scalping. Also have tendency to trade some unnecessary points.

Now in trading only 10% trader’s use scalp trading. The profit that we achieve through this is very small compared to others. Beginners also put their steps first to day trading or other. This may happen because of their greed mind. For earn more money with a single trade and this is the main harm in trading. It is the way that tends to big loss for a beginner. Avoid greed is the main need in trading only then we can achieve good profit. Other matter for avoiding scalping is the lazy mind for trade more than one in a day. Everyone had a mind that, I can earn money without much hard work. But it is the truth that, we cannot achieve money without any hard work.

This is the main reason for the ignorance of scalping. Nobody think about the benefit of scalping in this way many people lost their money. So my suggestion to everyone is that think before you do anything. Especially in trading, every minute is very important to you in trading. Not to be greed.

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Role of Discipline in Trading

Role of Discipline in Trading

All of us know that discipline play very important role in our life, without this we cannot win in our life. So everyone needs to start a disciplined life. Then we can achieve success very easily. For starting a disciplined life there exist a lot of factors to remember. Practice a disciplined life from our childhood is essential because it is a truth that we study our first lessons in our child hood. We study our first lessons from our surrounding; our surrounding is our first teacher. We start imitate what they were do, the other teacher are our parents & the other peoples whom lives around us, we also imitate or gasps their talking & their lifestyles. It’s the first step to our life. We study discipline & other in this way. We step up our life with childhood lessons and then gradually updated when we matured and we grown up as a perfect man if the studied things are good.

Discipline is an essential one in trading also. Many traders spend large quantity of time with students to improve their discipline by seeing the life of them. So a disciplined life is the main secret of a successful trader. I know many traders story like this. Obeying the rules of trading is not the only thing which needs for a successful trading. Other main factor that needs to remember is that give first preference to our life style & character. Our emotions, character & our discipline life are the major one among them. We need to fight for profit in trading for that we must take hard decision.

We know that it is very difficult to avoid our emotions. The main thing we need to remember is that before entering into a trading segment should make a proper study about it, means take a research about their price variation, market price, quantity of profit, Always  be aware about the share market latest new & all. Means we always up-to-date about the market if you select shares as your trading items, long term segment is better to you.  Then only you can get good profit. Selection of companies is also important according to shares; if we buy poor companies or not much leading companies share we lost our full amount during the market deviation.

Time is very important in day trading, there many sudden movements happen in day trading. So you should always aware about your market. Not select day trading as your trading segment if you not have much time to spend in a day, need full concentration in the market  because the good opportunities  happen in day trading is unpredictable. Other one is to remember is that not to trade with large amount & not trade more than one (means one buy & sell) in a day if you are fresher.  Always need to have a rough calculation about your trading. If you are a beginner, first you should trade with small amounts, and then only we can study the lessons of trading. After understanding the ways of getting profit & loss day by day we can increase our trading amount. It is the right way of trading.

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Day trading strategies

Day trading strategies

According to trading system day trading or intraday means the trading happens in a day itself, both buy & sell acts in the same day.  Every one think that it is an easy game or it is the simplest segment in trading. But it is a dangerous game to those people, who are new in trading, because as beginner there are so many lessons is there to study before entering into it. Now we can go through some methods to remember.As a trader, he not only aware about the trading tips but also need to know about the latest news & events happen in share market on up to date basis. Doing your home work regularly is the essential thing that you need. Another factor is that you should always bother about the money that you wish to deposit before entering into trading. Otherwise the loss happen unfortunately to you is unpredictable. Always keep a minimum balance in your account.

Time is very important in day trading, there many sudden movements happen in day trading. So you should always aware about your market. Not select day trading as your trading segment if you not have much time to spend in a day, need full concentration in the market  because the good opportunities  happen in day trading is unpredictable. Other one is to remember is that not to trade with large amount & not trade more than one (means one buy & sell) in a day if you are fresher.  Related to NSE stock market not to select pour companies share, because of not having much asset there is a chance is there to lose our money in any time during the market movement.According to a beginner, morning time is not suitable for buy & sell, because morning movements of market are fluctuated ones, means they are unpredictable. Every time is chance is there to move oppositely.  So avoid morning signals & confirmations, select trading after one or two hours from the market movement starts.

The other important thing that we need to remember is that put a stop loss or executes order for avoiding unnecessary loss, not to select much long points as execute, only select a limited point. Then any opposite movement happens your trade executes in your order & you can achieve profit.The other reality is always needed to remember that achieving loss & profit is the part of our trading. All of them know that winning & failing is part of game. Not a common person wins all the games. It changes according to the situation or luck. This same strategy happens in trading. Not get profit or not get loss to us in all time; it may changes according to our situation & luck, so if you got loss in one time no need to worry about it surely there is a chance is there to you in next time. Only thing that need is avoid careless loss, for that we always aware about entry & exit point. 90% of loss we can reduce by this.Not to a greedy man when the market had good deviation. Try to trade with a cool and relaxed mind. Not to go with the highest points of market deviation without obeying the rules & regulations. Trade in correct point that we got all confirmations. You should always have a clear picture about your entry & exit points in trading.

RISK PER TRADE in Commodity/Share/Currency Markets

risk per trade in forex, mcx, nse

RISK PER TRADE in Commodity/Share/Currency Markets

A most important yet simple thought process that a trader can start with is learning how to determine how much equity to put into any one trade or position called risk per trade. How much to risk per trade is a concept that many novice traders fail to realize until it is way too late. They end up learning the exact wiring instructions on a regular basis to their brokerage account; the real hard cases end up remembering those instructions by heart. Once you learn and have the confidence to trade a system like technical analysis software which will help for best buy sell signal entries and exits or follow a trading plan with a set of conditions and specific rules, you still need to have an effective method for risk controls. A best technical analysis software will help you to control the risk in trading in FOREX, MCX, NSE, NCDEX, MCX SX, COMEX markets.

I would start by considering how much risk per trade I should use by looking at my overall account size, then at the market’s volatility and liquidity conditions, and then at a certain percentage of the overall account on a percentage basis. Let me show you what I mean; and when we go over various stop types and methods later in the book, you will be able to better comprehend my meaning. If a person wanting to start a day trading account begins with USD10,000 (INR 650000) and uses a 10 percent risk factor per trade based on the overall beginning equity size, if the first five trades go bad, then he or she has lost 50 percent of the overall account. Therefore, it is imperative that traders learn different techniques to protect their trading equity. Investors also need to know the number of positions with which they should start in connection to the account size and the point at which they add on to their contract lot or position size.

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