How To Save Yourself On Stock-Michael Malcolm Walker
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| Michael Malcolm Walker-Guide |
Before Starting I recommend something if you really want to save yourself in trading so This Michael Malcolm walker guide will be really helpful for you.
I heard lot’s of time people are saying we lost millions of dollars in trading. But i think they are really fool because those person are losing their money in trading they are greedy kind of person. If you want to become a great traders so you have to be understand this guide . How many times have you heard? people says trading is all about risk but i don’t think so trading is all about a great understanding which plays a major role in trading.
If you will understand this guide that means you learn backbone of trading. As a traders our motive is to make a great deal which gives us lot’s of profit. But wait trading changing in second to second and there’s no doubt stock market is full of open risk most of people come and they just purchased the share and they lose their money. buying and selling is not a big deal everyone can do these thing there’s only one click work.But the timing and strategy is a key component in trading which plays major role. which gives you idea and believe what time you have to buy and what time you have to sell ? which shares you have to buy and how much shares you have to buy.
Michael Malcolm walker said don’t become greedy in trading make your mind always consious if the greed will be heavy in your mind that means you will go in wrong track we are listening since childhood greed is a bad thing which makes you evil and i can say we will follow the same pattern in trading.
let’s understand easy way to save our self when we buy and sell so there are lot’s of option have you heard the name of triggered? it’s a cap system. And there are 2 other cap system which we called Gross cap and downs cap . Let’s define one by one
Gross cap:- gross cap known as a cap system which gives you lot’s of benefit suppose if you share price is 150$ so you should select gross cap 153$ or nearby your profitable price. whenever the stock price hit your gross cap so your broker automatically sale your all stock.
Downs cap:- Downs cap is also a cap which saves you from loses. So understand the concept very clearly when we sale any share so there is 2 thing happend first lose and second profit but the down cap helps you how much losr you want suppose if you buy a share 150$ so how much lose you can handle. set down price 140$ and when your share goes 140$ so your shares automatically sold out.You have to decide how much lose you can handle.
Triggered option:- it’s a option which known as a cap system which gives indication to brokers if your price goes in this price which you selected so the your stock automatically sold out.Most important you have to select such price which is not a profitable and not a lose it’s a midway price not a gross and down price it’s a midway cap . when your stock touch this price that means your stock sold out.
these guide helps you play smartly Intraday trading and if you will use all the thing which i mentioned above so you can play a different game.
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