Hi, I'm new to trading. And i have already posted some queries regarding stop loss. I have a question: Did anyone earn in intraday trading on Nov. 18, 2008.
I lost my money. If anyone earned then plz share how did you forsee the large swings on this day.
thanks,
Nitin
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hi nitin,
i m sharing my trading strategy with u as i do not want u to lose money as i did when i was newbie to stock industry
Just follow this simple but most effective rule......
Trade only on 5 & 8 moving average crosover on 5 min charts.....
Buy when the 5 moving average crosses above 8 moving average...
nd Short when the 5 moving average crosses below 8 moving average...
Always trade only in the direction of the market
This way u will never lose money.....only handsome gains
GOOD LUCK!!!!!!!!