Friday, October 23, 2009

The Strategist

Strategies for the day
Date              Company        View              Strategies           Action                         Risk                  Reward
23-10-2009 ICICIBANK    BEARISH      BUY PUT        BUY 880 PUT @ 12  1750                   3500
OCT. EXPIRY
SL : 7.00 TGT :22.00
Graphic Snapshot
Trading Laws:
• A Trader not observing STOP LOSS cannot survive for long.
• Never re-schedule your stop loss, square up first and then take a fresh view.
• Book small losses by buying / selling near support / resistance, and look for big gains, this will maximize the gains.

No comments:

Post a Comment