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Wednesday, February 13, 2013

A Working Strategy

Is Selling at the right time more of the essence(predicate) than spoiling at the right time. This is a typical crybaby & Egg question for which no one give the bounce vouch for a provable answer. Since sam has already written an bind about Best Time to Sell, I go away limit myself with Best time to Buy. Everyone always wants to buy at the lowest possible rate. But is it feasible. Its like communicable a sharp knife with a long weathervane and a short handle falling from a capacious height. No matter how quick you are, catching the handle is a nightmare, I say nightmare because if instead of catching the handle, you get laid to catch the blade, you manage to inflect great misery upon yourself.

buy isnt the most important step to take before enter into a trade, knowledgeable your exit is. Everyone makes a mistake, but the smart ones get out fast, the slower ones wait till conclusion do apart. Here are some of the basic locomote to take before venturing into the market to buy;

1. NSE has around 800 listed companies, mad cow disease has a lot lot more. there is no institutionalize in trying your luck in the markets. Proper formulation hence becomes a very important step to juicy trade.

2. List a max scrips of 50 which you like and can follow on a daily basis. Select these scrips from a list of Top 100 Traded Counters. Also see to it that it belongs either to A group or B group.

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Dont ever go for B2 or Z group scrips.

3. Once you have selected the 50 scrips, organize it on the basis of
Sectors to which they belong.

4. If your investment would be more than 5 Lakhs, do not hesitate to get a good charting program. This would be of immense help in knowing the previous price movements of the scrip.

5. Download data for a stripped period of 2 years of each scrip. This can be got from both NSE and BSE websites. Using this data, you can chart them in Microsoft Excel as well as any Charting Software.

6. There are many groups in YahooGroups which discuss Technical Analysis. join forces the groups that interst...If you want to get a full essay, order it on our website: Ordercustompaper.com



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