Planning and Observation during trading in Equity

 Hello folks,

Welcome to my blog, If you are planning to trade in equity market there are some valuable hints that I have gained from my experience for you.

* Things to keep in mind while taking trade in equity market *

1. Observe which sector is in trend or gaining more.
2. Select sector and observe it's stocks.
3. Select fundamentally strong undervalued stock which is gaining momentum and breaking it's higher high.
4. wait for right candle stick pattern (for intraday you can use 5 mins, 10 mins frame).
5. make entry and exit points.

Your Observation will make much more difference while trading so wait for the right opportunity. Observe more so that you will gain confidence while taking trade. Make a setup that work for you. Put Eye on Stock like Eagle whenever it shows movement according to your calculation grab the opportunity and sit tight until it hits your Target/SL. 
Follow trend don't go against trend because it might can incur losses. Manage your risk, Keep your capital safe. Use only that much amount of capital to trade which you can afford to trade. Initially you can take only two trade per day it will help you to maintain your capital so that you can trade more and learn more. Always write your trades in your trading journal it will help you to track your mistakes.

Things to remember:

1. Don't ignore candle stick pattern ever rather it will be a big mistake and you might end up losing your money.
2. Try to learn emotions hidden behind candle stick pattern.
3. Try to decode them and see what they want to tell you.
4. Ignorance will slap you whereas Observance will reward you!
5. Don't get confused. Remember confusion is the reason behind your uncertain decisions.
6. Be steady while taking trade. Be confident

HAPPY TRADING !!!


Disclaimer-: This blog is only for Educational Purpose there are no buy/sell recommendations.