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Showing posts from August, 2020

TRADING MISTAKE OF PERCENTAGE & POINTS

 ALWAYS CHECK THE PERCENTAGE (%) NOT THE POINTS If we see than maximum new clients / trader open his terminal and start trading continuously. At day end when the trader or you received the contract note from the broker, see the major part of the profit eaten by taxs and brokerage. But you realized that you traded it on profit but how its charged too much. There are something you missed ?? The answer is NO. Because of some eye glimpse. For an example when we bought some stocks valued near 40 then we decide to sell the stock at 40.40 with .40 paisa profit. But if you calculate it very carefully then you can see the % of the return is 1% against your purchased value. Where the broker+taxs roughly charged near .1% to .2%. Thats good enough if you think. Personally if I bought this one at that price then I will sell it @ 40.10. lol...... When we bought some big value stock like 1960 or 2000 then we mostly exit at 1965 ot 2005 level. And here is the problem against the price. If you calc...

BASIC THINGS OF RSI 14 AND KISSING POINTS ON EVERY CHART CYCLE

BASIC THINGS OF RSI 14 AND ITS POWER RSI stands for Relative Strength Index and the basic range is 0 to 100. Major of the trader, investor or analyst using this simple indicator for many years. Everyone needs a simple and steady things which can give a steady output. This RSI is the indicator which is a simple and steady one. Here is the example where you can see the RSI 14 value is 53+ which is still running and updating as per market price value. As I said earlier that maximum people advice a basic things against the RSI trend that is RSI value 30 stands for oversold area and 70 stands for overbought area. Some ppl suggest to sell below RSI 30 and to buy above RSI 70 value. But this is not working actual in general time. This is not applicable for every purpose. I have some suggest to catch the actual trend on a proper time.  First you have to find out the actual time to catch your stock on proper price. So Time is value for Money. If you need to find out the proper time then you...