Apply Profit Booking Strategy to Ensure Gains | Blog Brings Profit For You
  • Recover Lost Money Plan

    A number of traders have lost their money in the market due to wrong trading advice or wrong decisions and emotions. We keep on getting a number of requests for helping these traders recover their lost money. Thus, this was the genesis of Recover Lost Money Plan. We are proud to say that till date we have helped 1290 people recover their lost money. Recover Lost Money in Market

  • Our Most Successful Intraday Tip

    Jackpot tip, as the name suggests has the potential to make you a Millionaire as it is not the number of tips one trades; but it is the accuracy of a single tip which has the potential to make you a Millionaire. This tip is a value for money for all i.e whether one can see the trading terminal or not or is dealing through a broker on phone at BSE, NSE or in Future and Options segment.
    Click on Jackpot Sure Shot Tip to know more...

Subscribe to this blog

Subscribe to full feed RSS
What is Daily Market State???
Enter your Email

Preview | Powered by FeedBlitz

Apply Profit Booking Strategy to Ensure Gains

Posted By On 7/01/2007 01:05:00 PM Under
1,If you are into day trading then when your stock moves above your strike price then apply profit booking strategy by applying opposite order price in stop loss column.

2.If you have bought at say 100 and stock is hovering at 107 then apply sell order for complete quantity at 104.9 and fill this price in stop loss column in online platform and in case giving order on phone then direct the customer representative of the brokerage house to place a sell order with stop loss at 104.9.

3.This way you are sure to gain even if stock moves down as your order becomes market order if stock hits 104.9 level and it will be sold at the best available price. Do remember to keep on moving the stop loss as and when the market moves upwards. One can have a tight stop loss if the market is trading with grave volatility and one may have the trailing stop loss of Rs 1 to have maximum profit. By following this technique one is sure to make profit from the stock market. One is also able to avoid seeing a situation where profit becomes loss due to market fluctuation and one gets the feeling of guilt. So, make it a habit to follow this technique.

Most Read Content