Friday, April 5, 2013

Questions to ask before entering a trade?


Questions to ask before entering a trade?

  1. Do I have the sufficient margin for this trade till stop loss?
  2. Am I going along with the market trend?
  3. Am I purchasing at right price? (Day’s Low/near to it is the best)
  4. Did I study the chart before entering trade?
  5. Do I remember the levels for the stock?
  6. How are global markets are moving?
  7. Can I find any hedge for this trade?
  8. Did I feed stop loss order for the trade?
  9. Did I prepare a exit plan?
These are some of the tips to check everyday.


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