Day Trading Strategies, Intraday Trading Strategies Rules

Day Trading / Intraday Trading, Rules Strategies

1. Don't Fight The Trend
Go long a stock only when it is strong (up) on the day. Same for shorts (only short down stocks).

2. Don't Overtrade
Enter a maximum of three trades on any given day. Be selective.

3. Consistent Trade Sizes
Each trade should only consist of buying between 100 to 300 shares. Never more.

4. Buy Near Support Levels
Never chase a stock way above its support levels. Wait for a pullback.

5. Manage Losses
Never take a loss of over 10% on any trade. Enter only trades where the stop, if triggered, will result in a loss of less than $10%

6. The 30 Minute Rule
Never enter a trade in the first 30 minutes of trading.

7. Overnight Rule
Any overnight holding can only consist of 100 shares. Only one holding. Again, be selective.

Trading is all about profits and losses.... But, successful trading is about making your losses small and profits big.....

Gold:: Akshaya tritiya Gold Festival:: biggest gold buying festival

Akshaya Tritiya, is also spelt as Akshya Thiritiya, Akshaya Trutheeya, Akshaya Tritiiya and also called Akshaya Trithi.

Akshaya Tritiya is an Auspicious Day to make major purchases or to begin new ventures. Akshaya Tritiya, the third day of the bright half of Vaishakh, is considered one of the four most sacred days of the vear.

The word Akshaya means that which never diminishes. Akshava Tritiva is reserved for buying gold, silver and other assets.

Akshaya Tritiya is India's biggest gold buying festival

Gold sales seen up 10-15 pct year/year.

An estimated 45-55 tonnes gold sold on 'Akshaya Tritiya' day.

Click here to View Gold::

Live gold prices per Gram

10 Years Gold Price Chart

RPOWER Bonus Issue

Reliance Power Ltd. Issues Bonus Shares (RPOWER)

THREE Bonus

equity shares of Rs.10/- each for

every FIVE existing

equity shares of Rs.10/- each held.

share holders are requested to take note of it.