Trading style and pattern differs person to person....my way of trading and rules are follows ....
1. Enjoy and Trade.
2. Trade only on Equity Market - Future and Options (More focus on Nifty and Options)
3. No Commodity
4. No Agri
5. Proper Entry Point / Stoploss and Target
6. Home work
7. No Analysis when market is running..
8. No of trade should be less
9. Equal quantity....Money management....Risk and Reward will be balanced.
10. End of the day, we should feel happy like above baby...
Why No Commodity and Agri ?
Answer is simple...I need money...no matter, where i am making....moreover...after 3.30 we should lead our social life and not always till 11.30 p.m. watching this market...(it is a crime, spoiling family environment)
When i am able to make money in Equity Market, why Commodity..
Ask your self one question....Why FII's are pumping money in Indian Market...do you think they are fools?........because..they know where the money is lying and reward is high....
Moreover...if you focus with Nifty / Bank Nifty Index and some selected scripts...your winning probability is more.....your attention will be in one place..
Watching everywhere and trading all scripts...you will loose your confidence....
Think and Decide.....
Focus one or two scripts or index and concentrate, your end result will be fantastic...
This is my experience.....decision is yours..
Finally you should know how protect your capital first, before targeting profit...
Above all Home Work is Must...
