BASIC GUIDELINES FOR NEW TOTAL PREMIUM GAME AND OTHER PREMIUM GAME MEMBERS WHO ARE NEW 1.AVOID TRADING IN FLASH PRICES . ALWAYS WAIT FOR 10 MINS AFTER MARKET START TO TAKE POSITION IN FUTURES. 2.WAIT FOR 5 MINS FOR LEVEL TO HOLD TO TAKE POSITION SO THAT U DONT ENTER FLASH PRICES WHICH ARE FALSE SPIKES 3.IF YOU ARE NOT BIG MARGIN TRADER BOOK PROFIT IN FUTURE AT FIRST TARGET OF KEEP PROFIT STOP LOSS AS FIRST TARGET ONCE THAT PRICE IS CROSSED ON EITHER SIDE SO THAT YOU ARE ENSURED OF PROFIT. 4.ALL TRADING CALLS ARE SHORT TERM SWING TRADE WHICH MEANS HOLDING PERIOD 1-5 DAYS MOST OF THE TIME IN FUTURES. 5.ALL CASH CALLS ARE HOLDING PERIOD OF 1-3 MONTHS IN DELIVERY BASIS FOR SHORT TERM THOSE ARE MEDIUM SWING TRADES. 6.ALL OPTION CALLS ARE UPDATED WITH SL AND RISK RATIO REGULARLY. 7.IF YOU STILL HAVE DOUBT OR STUCK POSITION YOU CAN SEND EMAIL TO CLARIFY POSITION. 8.AVOID EXCESSIVE TRADING FOR SAKE OF DAILY TRADES WHEN TRADING RANGE NOT MUCH AVOID RISK OF HITTING STOP LOSS BOTH SIDES BECAUSE IT TAKE DOUBLE TIME TO RECOVER THAT LOSS. 9.INTRADAY CALLS IF AND WHEN GIVEN WILL BE MENTIONED AS INTRADAY CALLS ALWAYS OTHERWISE ALL CALLS ARE SWING CALLS. 10.DO NOT INTIATE TRADE FOR LONGS IN HUGE GAP UP AND FOR SHORTS IN HUGE GAP DOWN WAIT FOR FRESH UPDATES THAT TIME
Posted on: Fri, 29 Nov 2013 20:03:35 +0000
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