what is strategy?and how to bulid your own strategy for intraday trading,swing trading? in stock market ?

In this article you will know about the "strategy"   how it works?how to build your own strategy for intraday trading,swing trading?in stock market if you want to be profit or to select as a career. you want a   strategy. I also want to tell that in stock market there is no perfect or always give you profit.Because market not move in one direction. Now coming to the point "WHAT IS  STRATEGY". 

  STRATEGY :- strategy is nothing but a planing about your trade.

                                                                        (or)
                                  strategy is nothing but disciplined about your trade.

now you may think what i must plan about trading? or what is disciplined about trading? I will tell you
in point wise. A strategy is a collection of your trading tools. 
 
  • STOCK SELECTION
  • HOW MANY TRADE IN A DAY
  • ENTRY POINT AND EXIT POINT
  • TECHNICAL ANALYSIS
  • SETTING TARGET AND STOP LOSS. all this putting together a strategy is formed and lets define each one to be clear.

  1. stock selection:- stock selection is  most important part of trading because the profit of your trade will based 60% on stock selection.if your trading daily with same one or two stock there are low chance to you make high profit.there is a reason behind it a stock will not give you constant value of move [if a stock today give you 10 rs tomorrow it will give 1-5 rs move].so you have to select a from top gainers and top losers form nse website.in my site you will get the update of  top gainers and losers every day.next point is also is important.
    2. BPCL EQ CHART
    BPCL EQ CHART.
  2.  how many trade in a day :-If you are new for the trading or stock market then I will prefer you to take only one trade a day in any case profit or lose .because if your are profit in first trade,by taking a second trade you can lose or make another profit.if you are in profit in second trade there is no problem is you are in lose then you going to lose the first profit you have booked. and you have to pay brokerage charges also.if your with small capital you must take only one trade.
      3. BPCL EQ ENTRY AND EXIT IS SHOW BY A LINE  IN PICK
  3. entry point and exit point :- In stock market you must be very accurate and your correct entry and exit will make you profit.Because in stock market in fraction of sec market can turn into your opposite direction so then what ever you made profit will change into "zero " or into  "-" so 'entry point and exit point is very important.next point is,

  4.  Technical analysis;- technical analysis helps you to identify where the market is going or in which trend market is in.By doing technical analysis you can make correct decision and where to put your stop loss and target point.


  5. stop loss and target points:-By setting stop loss and target point it will trigger the trade  or exit the trade. when it reaches to your price points. so you can book correct profit or  loss.

if you work above key points  all this together your own strategy is  build.you have to practice this thing you will improve your trading skills.

finally if you want to open a demat account click here and you will get upto 2000/- after your successful login process.


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