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Dear all members, you may have already seen that the SL are very
rare and almost all traders are profit trade. To achieve the best
profit from the calls you too have a part in this trade since you
are the person who is punching the orders for bids or executing
them.
Let us call this article as 'The Trading Guide'.
Trading Guide for Traders Call
01. Trade all calls. At a time 2/3 positions will be open,
distribute your fund like this;
Total Fund (or margin)/3= Your actual fund allocation on a single
trade.
Example: Total Fund (or Margin) is 1 lakh Rs. Then the actual
trading amount in one trade would be 1 Lakh / 3 = 33k
02. Profit booking is an important part in a trade. Keep an eye on
the follow up instructions. Buy at given rate & book at target, this
is followed in most of the positions.
In some of the positions after a certain run, in a crucial level, we
give book 50% & rest modify above buy. If you have say 100 shares,
please book 50 share that time and rest 50, put sl above buy. This
method is called win-win situation. When the script comes to the
target, book the rest positions and by chance if the stock comes
down from there we have already booked the profit.
03. SL, which is very rare, by chance if comes in a position, please
close that trade. A trade is dead when Target or SL comes. Near the
Target, in few positions we may give instruction that the Scrip may
go more up to this level 'abcd'. If you are good in Trailing SL,
then use that from there for more profit, & if you are not much
friendly with Trailing SL then simply book at that Target, which
came with the Call. Our Performance shows profit book at the Target
only and not at those Day High / more spike etc.
04. In an average a 5% profit target we keep on total allocated fund
per day. When in first 3 Trades profit booking is done, simply your
Fund is freed, and we give again 2/3 positions, and this way we keep
rotating same fund for 3 times. That means your 1 lakh Rs used to
work 3 times a day and over bought position dosnt come.
05. We are discussing in long positions. Same thing is applicable in
short positions as well.
06. A call is given at Current Market Price, by chance in any call
if there is any price gap between the scrip's actual market price &
in our given price, the call will not become active. Enter
only at the given rate. In big shares like Reliance, Bhel, Educomp
etc, maximum 1/2 Rs up/down entry can be considered.
06. During trade, try to avoid Tv/ Market Rumors/ Hot News etc.
Control Greed & Fear.
07. During trade, in any trade position if you have any question, ask
the Yahoo person or call us without hesitation.
Trading Guide for Sure Calls
01. Buy at given Rate and sell at Target.
02. Step by step thoroughly follow up is there, keep an eye on that.
03. Call us if you have any question regarding any position.
Trading is an Art & as well as an Enjoyment. Enjoy it.
Rajeev Chatterjee,
Technical Section,
Email: rajeev@puntercalls.com
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