Tuesday, October 27, 2009

The Strategist

Strategies for the day
Date             Company View          Strategies       Action                             Risk            Reward
27-10-2009 ITC          BULLISH  BUY CALL   BUY 265 CA @ 3.40     1575             3150
OCT. EXPIRY
SL: 2.00 TGT: 6.00
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.

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