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One Sure Shot Tip Which Can Change the Way You Make Profit in Market

Posted By On 3/04/2011 12:04:00 PM Under ,
As a matter of fact make sure that one sticks to a single trading style during the whole course of the transaction as changing the trading style in between can be a recipe to disaster and one has to acknowledge that this the most common mistake which is leading to the failure of the traders as it further leads to element of Hope in Stock Market which is ultimate recipe for losing capital.

A trader gets into the trade and see how he gets flexible with time, here is what happens and we will amplify the same with an example as illustrated below:
  • They take a trade for Intraday
  • Suddenly the market starts reversing trend
  • The position of the trader starts to make a loss
  • The traders panics looking at the losses
  • He decides to hold the trade overnight, Hoping that the stock might come back up tomorrow!
Now the trader has changed his style of trading from being an intraday trader to a "Short-Term" trader and thus the trader has gone wrong and now we can call short-term trade as a intraday trade which has gone wrong. Now we will see that next day stock falls more and individual is struck with a short term which becomes a long trade with a longer period and one is now struck with element hope in stock market which is detrimental to the health of your portfolio.

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