Rules of Trading
If one can take small precautions, one can take care of losses and let his profits run.
1.Always use stoploss orders. You should know how much loss are you ready to give in that stock should the markets start going against you.
2.When in doubt be out and when in doubt dont be in.
3.Only trade active stocks and stock markets.
4.Cut that stock first which gives you loss not the one which gives you profit.
5.Never average a loss.
6.Never get out of market because you have lost patience, or get in because you are anxiously waiting for.
7.Avoid taking small profits and large losses.
8.Never buy or sell just because the price has fallen too low or viceversa.
9.When you lose, don't blame it on luck.
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Analysis of Indian Stock Market on a daily basis based on Technicals on the site http://www.crnindia.com

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