2 Replies
CA Rashmi Gandhi
(Chartered Accountant)
(86461 Points)
Replied 03 September 2022
Trading at minimum margin and high quantity
Fahad Shakeel
(Head)
(220 Points)
Replied 23 September 2022
My five intraday trading rules in India are as follows:
1. Trading proper setups: I only trade setups I can clearly distinguish, and never trade a stock or security at random. For instance, I would identify a range or a potential breakout analyzing charts.
2. Fixed entry and targets: The entry and exits for my trades are predetermined. So, so matter the momentum in the price, I exit my positions when they hit my target.
3. Never trade without a stop loss: Regardless of whether it is an intraday trade or a swing trade, one must never trade without a stop loss. Cutting short losses quickly is key to finding success as a trader.
4. Never chase lost opportunities: As a trader, one will find several good setups, so if you miss a good setup, forget it and find another one.
5. Deploy appropriate capital: After analyzing the setup, the risk and reward I deploy appropriate capital in the trade.
If you are looking for trading tips, you could consider opening a trading account with a broker like Kotak Securities as they provide regular trading strategies.
For more information visit:-
https://www.kotaksecurities.com/ksweb/intraday-trading/intraday-trading-rules
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