Hello,
You might have already read my previous article about Forward & Reverse trading, if you havent then read it here. Now I will tell some trading tips so according to that you can trade and make profit.
Nobody in the world can surely tell you which share to purchase and when to do it to get profit, if you are expecting that from this article then its waste of time you can leave now.If you are ready to take my advice in a positive manner and work on it then its worth reading.
The time India at which stock market opens is 9:00 AM.
You have to be logged in at this time you have to be ready for trading, choose scripts which has a lot of daily up's and down's ex: Reliance capital, SBI, Axis bank etc... search and you will get a lot.
The basic trend of market is as soon as it opens you cannot predict will it go up or down so wait for almost 10 min, keep watching your favorite company ex: Reliance capital, price is Rs-750. As soon as market opens the price starts to raise say, Rs-760, Rs-765 etc... dont get greedy after seeing the raise of 15 Rs it will through you on road if you become greedy, instead wait till it reaches the highest point ex: Rs-775 then sell the shares ex 10 shares, (reverse trading) now wait till the end of the day the price will come back to original if not to Rs-750 atleast to Rs-755 so at that time you can buy back your 10 shares. You need not sit infront of computer all day just put the price and buy as soon as your company reeaches your specified price it will buy, if you are sitting with computer you can see and purchase if you are going out or cant be infront of computer then dont expect huge margin settle for a lesser margin and buy, this will help you and not go into loss.
Hope you will gain profit as I am doing in the same way.
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