{"id":503,"date":"2009-10-28T11:32:32","date_gmt":"2009-10-28T06:02:32","guid":{"rendered":"http:\/\/www.niftylivecharts.com\/blog\/?p=503"},"modified":"2009-10-30T08:18:30","modified_gmt":"2009-10-30T02:48:30","slug":"golden-rules-o-trading","status":"publish","type":"post","link":"https:\/\/www.niftylivecharts.com\/blog\/golden-rules-o-trading\/","title":{"rendered":"Golden rules of trading"},"content":{"rendered":"

We are jotting down some golden rules for you , that can help you with profit maximization . <\/strong><\/p>\n

1. Capital should be divided in 10 risk parts.
\n2. Over trading isa\u00a0 big NO
\n3. Never place any order for BUY\/SELL without knowing the stop-loss conditions
\n4. Never let profit turn into loss.
\n5. Trading as per the trend is advised
\n6. Never take the lead in which you may loose heavily.
\n7. Never try to be over smart.
\n8. Don’t trade if the trend is not clear
\n9. Don’t follow tips only.
\n10. Use the right orders only.
\n11. Always Withdraw portion of profits.
\n12. Don’t be whimsical(curious) about closing your trades.
\n13. Never think of purchasing\u00a0 a stock to get dividend.
\n14. Never average your losses.
\n15. Always try and get big profits and small losses.
\n16. Sell short as often as you go long.
\n17. Never buy any stock just becoause it is low priced.
\n18. Pyramid your trades correctly.
\n19. Decrease your trading after a series of successful trades.
\n20. Do not change your opinions during market hours.
\n21. Don’t\u00a0 just blindly follow the crowd – they are usually wrong.
\n22. Follow the rumuors to buy and news to sell
\n23. Take windfall gains when you get.
\n24. Charts should be regularly updated
\n25. Preserve your capital.
\n26. Nothing is ever new in market.
\n27. Opinions can be wrong but not market.
\n28. Never permit speculative ventures to turn into investments.
\n29. Never try to predetermine your profits.
\n30. Never sell a stock because the price has gone up as compared to its buy price.
\n31. Profits should be reasonable.
\n32. Buy as soon as a stock makes new highs after a normal reaction.
\n33. Ban wishful thinking in the market.
\n34. Leaders of today may not be leaders of tomorrow.
\n35. Don’t be too cautious about reasons behind the moves.
\n36. Trade only with the active stocks.
\n37. Bear markets have no support and bull markets have no resistance.
\n38. The smarter you are the longer it takes.
\n39. it is easy to get into the trade, but not getting out of it.
\n40. Don’t discuss about what you are doing in the market.
\n41. When time is up, markets must reverse.
\n42. Control what you can; manage what you can not.
\n43. Big movements takes time to develop.
\n44. A good trade is profitable right from the start.
\n45. If you can not make money trading the leading issues you can not make it trading the overall market.
\n46. Avoid partnerships while trading .
\n47. The human side of every person is the greatest enemy of successful trading.
\n48. Money can not be made every day in the market.
\n49. As long as market is acting right don’t rush to take profits.<\/p>\n

The above rules should be\u00a0 followed strictly and with full dedication\u00a0 to maximize your profits in the stock market.<\/p>\n","protected":false},"excerpt":{"rendered":"

We are jotting down some golden rules for you , that can help you with profit maximization . 1. Capital should be divided in 10 risk parts. 2. Over trading isa\u00a0 big NO 3. Never place any order for BUY\/SELL without knowing the stop-loss conditions 4. Never let profit turn into loss. 5. Trading as […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[1],"tags":[656,526,1649,1817,532,523,1529,1650,524,685,822],"class_list":{"0":"post-503","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-general","7":"tag-direct-access-trading","8":"tag-futures-trading","9":"tag-money-management-trading","10":"tag-profit-making-tips","11":"tag-stock-market-trading","12":"tag-stock-trading","13":"tag-technical-analysis","14":"tag-trading-floor","15":"tag-trading-online","16":"tag-trading-strategies","17":"tag-trading-systems","18":"entry"},"_links":{"self":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/comments?post=503"}],"version-history":[{"count":0,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/posts\/503\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/media?parent=503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/categories?post=503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.niftylivecharts.com\/blog\/wp-json\/wp\/v2\/tags?post=503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}