We have already discussed about Risk Management in our previous post.
Now in this post I am going to tell you about Some Golden rules to make money in stock market.
• Think for long term investment and see the magic of compounding.
• I always suggest you to do long term investing because greater the timeframe lesser the risk.
• Don't hold losing trades.
• Trend is your friend
• Don't trade against the trend
• If you are afraid then please check your position sizing.
• Trade only when your setup allows.
• Don't believe on anyone's tips, do your own analysis
• Follow maximum 3 strategies
• Use maximum 3 indicator on your trading setup
• Investing and trading is personal game.
• Don't try to copy someone
• Try to trade in Index as much as possible
• Please invest 1% of your capital in a single trade
If you have not visited our last post on Risk Management then click on this link or copy it and paste it on chrome
Link- https://commerceworldteam.blogspot.com/2024/04/risk-management-part-24.html
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