Custom Search

INTRADAY: Desicision is yours!!

Monday, November 17, 2008 | Labels: , | |

Advertisement

Today market makes big swing upper side and recovers 310 points from its day low. Market closes in red but it alive hopes for while. Upcoming six months are being cautious for investor.

DOING INTRADAY IN THIS TYPE OF MARKET IS NOT FOR WEAKER POCKET PEOPLE

Volatility is high in market because of lower volume. This market is looking for intraday but not for investor who think for short term. Market makes huge gaps between previous closing with respect to its day close. This point increase worries in investor’s mind.

This is thunders time for intraday trader. It’s depend you that how much you and your boat strong to sail this time. So it’s your own decision goes in market or stay ahead to wait clear the market.

Some point about stop loss

Stop loss: Doing intraday with stop loss is very good habit. There should be some room to stock movement else every time your stop loss will be hit. Degree of risk you taken is defined stop loss so you have to calculate on your own knowledge.

Sponsored link

0 Comments:

Must Read Book by Every Investor and Trader

 

Blogger Templates by Blog Forum | Distributed by Blogger Blog Templates