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 calculate the % then you can see the actual profit will be .25% only. If you want to book as per your last trade standard then it will be 2020 area approx which means 1% against your buy value.

So always do some basic math to avoid the actual loss which is most important on daily trading.

For intraday I personaly preferred 0.5% to 0.8% return against your trade value and for positional 3%-5% and its also depends your brokerage scheme.

Do not go with points. Go with Percentage with you are trading on daily basis.

Go and Check out my Twitter for live updates and follow - https://twitter.com/subham2010

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This is pain of time. If you not booked then u have to seen to RED sign of your portfolio and if u book then u can not wait to re-enter your position. On daily chart there are not much good sign as per my last post. I am also little much confused with Market sentimental. If you can then go and chill with your other work for a while. Hahahaha. Bcz its not sustaining till now and will be on next few session. But when I saw the intra small time frame chart then there are some sign at this point. Some how some lower side accumulation process can possible at this point. The Clear view on CCI which also indicate the support line. Some uncertain selling pressure can possible because of broker sell-off. I must say if you want some small hedging then you can try at this point. I also mentioned the NIfty Buy View on my Twitter handle for next 2-3 trading session. Let's hope for the best. Follow Twitter - @subham2010 Follow FB Page - @ Silent Trader1 Follow Youtube - @Silenttrader1

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