Are you looking for free Indian stock market tips? In this article I am going to give you some general tips and advice that will help you to get far better market results.
Free Indian stock market tips
Successful traders let their profits run and cut their losses short. Sadly the vast majority of traders do the opposite they cut their profits short and let their losses run. They do this because of psychological comfort. This means that.
Losses = failure = they avoid it as much as possible
Profits = success = they want it as much as possible
This is why they cut profits short and let losses run. Overtime their losses get bigger and bigger because they always think they will turn around. Also they always take their profits out too early and because of this never make as much money as they could of.
The solution to this is disciplined trading, use the following steps and stick to them
· Find identifiable pattern setups
· Identify support and resistance areas
· Identify logical targets
· Develop a plan and stick to it (plan the trade and trade the plan)
· Measure your success by your ability to execute this plan perfectly
· Use solid logic and trailing stops based on price – this turns good trades into great trades
Using these tips will give you far better market results. Just remember plan the trade and trade the plan. If you enjoyed this article on free Indian stock market tips and would like more stock investment advice please visit my website by following the links below.