What are the best trading strategies for the stock market based on technical analysis?
Mostly investor or we can say that beginners lose their money in intraday trading because of the high volatility of Stock markets. Some trading strategies are
- Be Disciplined and Patient Trader:- Beginners should be vey Discipline towards daily fluctuations of the Market. Many traders get tense soon once stock market falls but they should be patient and get connected to your advisors.
- Never risk too Much Capital on one Trade:- Beginners must invest in different shares instead focusing on only single shares so that they will be getting too much returns.
- Always choose all open Positions:- Some traders may get tempered to take delivery of their positions in case their targets are not achieved. This is one of the Biggest Errors and it is crucial to close all open positions even if traders have to book a loss.
- Decide Stop Loss:- When opting for margin and strategic trading, use Stop loss and trigger prices carefully. Stop loss plays Crucial Role for Saving You from big losses in Intraday Trading.
However, there are numerous courses in stock market. To name a few institute such as Arihant capital, Udemy etc. From my successful trading experience, Sharemarketshiksha provide golden opportunity to learn concepts of stock, commodity market.
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