Beruflich Dokumente
Kultur Dokumente
Trading Plan
Objective No 4 Will only trade liquid stock in Group “A” or Nifty Stocks
Objective No 5 All trades will be rule based and Documented with charts
and maintain a Journal
Identify the Trend and mark the current Stage of the Trend
Bull markets ignore bad news, Bear markets ignore good news
Be sure to show at least 100 bars per chart. Do not look too
close, 200 bars are better
Write down all of your trades as well as the reason for entering
them and reasons for exiting them
Technology
Check possible opening prices of stocks against trading plan for those
stocks
Check Top Gainers / Losers , Highly Traded and Sector Indices vis a
vis Nifty
9 Look for the market indexes and identify the correlation with the
stock, define index your going to use for correlation
Entry : Long Trade Identify the Pattern and Trend and Entry Type
Identify Demand Zone
Buy at Proximal Line . Stop loss at Distal Line
(i) Up: Higher Highs and Higher Lows
Trend on Daily Charts
(ii) 5 & 10 day moving average
crossover should be Bullish.
Entry : Short Trade Identify the Pattern and Trend and Entry Type