TRADE SETUP

Few Trading strategies every New Trader should b aware off: 

i.e: How to decide “BUY” or “SELL” ,for Next Day "Trade"!! 

Here r the Few Steps:

Steps:

1-Open NSE site 

2-Choose few liquid stocks !!

(Top Gainers,Top loosers,Top active etc etc.)

Now

Wait for 1st 15-20 minutes:

 *Strategy 1* : OPEN LOW/HIGH Strategy :

If open is equal to low 

Buy ✅

Keep sl :Below 1-2 points if day low !!

If open is eaual to high 

Sell ✅

Keep sl above 1-2 points day high 

Target: as per risk reward n ur risk appetite (if u don’t knw about charts/resistance support basically)

——————————————

*Strategy 2:* 

Past day strategy 

(To do after market hours) 

Open previous day data now & check: 

IF (CMP- LOW PRICE) > (HIGH PRICE -CMP) then"BUY" otherwise "SELL"

Now On Next Day,(Trade day):

If previous day high is broken n sustaining den buy ✅

SL below 1-2 points previous day high 

If previous day low is broken den sell ✅

SL above 1-2 points of dat previous day low

——————————————

Done

All set for Next Day Trade !!  ✅ 

Now,While Trading,Must Add few technical tools & Start only with Paper Trade !!

 (whatsoever suits u follow dat only) 

Like: 

1-SMA EMA CROSSOVERS or BOLLINGER BANDS

2-SUPERTREND

3-RSI

4-STOCHASTICS or WILLIAMS %R

5-MACD

6-VOLUMES ettc. etc for better trade ✌🏻

Will come up with more cool techniques!!

Till then 

#Stay_Raw

#Think_Hatke