October 09, 2009
By: martinwo
Category: Uncategorized
Sender's name : firdaus
Sender's Email : ifir_roar@....com
Referrer : http://www.traderstruthrevealed.com/contact/
Martin,
At what price wud u suggest us to buy Gpacket, CSC Steel n evergreen? What are the target profits n risks?
Thank you.
-Firdaus.
here is my reply to you, Firdaus,
1) Have a plan for your entry price, stop loss price and exit price.
2) Look the chart of the these counters, know where the market support and resistance
3) Calculate your reward and risk level - ensure you are comfortable with them.
4) take responsibility for your own trade. Do not listen to the expert !
Hope these steps will set you in the right path, Firdaus.
Good luck !
-martin-
Ain’t those counters suggested by S Dali in MF?
1You are right ! It is what you do with the information is more important than how it is obtained !
When I look at the charts and it is one of my favourite pattern in chart reading and did the trade!
2Hi Martin
Thanks for sharing on the trading plan. What is the recommended % of cut loss price and take profit price one should be looking at when he or she plan for a trade? Does that % inclusive of brokerage? Thanks in advance for your advice.
3There is any hard or soft rule to cut loss or take profit.
Simple money management and position sizing wud help you a lot. Learn about them !
4