- Do not hold position longer than a day.
- Make a prediction. If the prediction holds then put on a position. If the prediction doesn’t hold then, then do not take any position.
- Trade as small as possible. Trade often.
- As the position is held for a day only, any profit even marginal is good enough to be booked.
- Good time to trade is 9:30 to 11:00 am.
- If the stock has moved up one day by a large amount(3.00% or more), then it would move up the next day buy a large amount too.
- There is a higher chance the trend continues or slows down rather than a reversal.
Wednesday, September 11, 2013
Learnings from trading
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