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Make consistent profits daily

How to make Consistent Profits daily

Make reasonable profit consistently every day last one hour of trading and grow to successfully avoid all whipsaws of the long trading day, select only the strong that withstood the whipsaws of the day, digested the news, settled with the world market variations and earn.

  • A strategy where you have a good chance of getting good profit without losing out to the market.
  • You have a set of rules in place and you go by the rules very strictly. 
  • You have a predetermined condition to enter a trade along with the stop loss price before entering the trade in the form of charts technicals price action or any other method that suits a trader.
  • Know beforehand what your loss will be if the trade goes against you.
  • Know the reward risk ratio of the trade.
  • work out returns on your investments to take profit.
  • Make less number of trades.
  • Do not average if the Stock goes against you.
  • Take stop hits with grace.
  • if you are sure that the trade is going against you and getting profit is not possible because of the reversed condition of the market get out of the trade, do not wait till the stop is hit. 
  • Take profit before it turns out into a loss.

By taking the above features the best strategy is Consistent IntradayTrading Strategy where you accumulate small but decent profits daily to make it big month after month, Strategy adopted to accumulating profits on a daily basis is Consistent Intraday Trading. A trader can develop their own strategy by their own trading experiences and following rules, sticking to the rules, avoiding mistakes.

Last hour trading strategy.

Last hour trading is a strategy to avoid all whipsaws of the day trading. Select the stock that has withstood all the days market volatility and trending in only one direction with good volumes, looking after all the parameters of open, high, low, close, averages, supports, resistances and the stock that is not likely to reverse after you enter. If you do not get a good set up you do not trade its simple. When Capital retention and loss prevention is the goal, profit follows. It's a step by step process of climbing the ladder to financial success.


To make consistent profits daily, the minimum capital required to trade 2/3 stock futures, only after 2.30 pm from the days strong stock futures, with minimum stop-loss, 


Home

  • How to select a good stock for day trading in Indian stock market
  • what is the Best intraday trade?
  • How to enter a good intraday stock in trading?



This post first appeared on Know Your Trading, please read the originial post: here

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