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Tips To Become a Successful Stock Market Trader

Topic: Tips To Become a Successful Stock Market Trader

Welcome everyone to another fantastic and full of knowledge Blog by Excel strategies. As you all know that we have initiated a wonderful stock market course series which is absolutely free of cost and will teach a lot of retail traders what exactly it takes to become successful stock market trader making consistent profits from the stock markets on a regular basis. In this blog we will cover few tips which will help you become a successful stock market trader.

As we all know there are three major type of player in the market first is investors look for or monthly charts and wait for months and years so that their investment can give a multibagger return then there are swing or positional traders which enter in a stock ok and take the position for next 10 to 15 days and after that we have intraday stock market traders which sit in front of the screen and do the trading opening and closing their position within a day. We Offer the Best Stock Market Courses Online
No matter which type of player you are there are certain rules of stock market that you have to follow and in this amazing blog we will be covering that rules only.

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1. Take a small stop loss but wait for bigger profits: we have generally seen that people are very eager to book profits in the fear of losing out they just want to book prophets as soon as they see it in the fear of not losing out that earn profit but on the contrary they wait for stock to reverse once their loss start. However we have seen that it happens exactly opposite with all the novice traders come with agreed to make quick money from the stock market that do not understand the power of risk management and come out with small profit as soon as they see it and weight for big losses. This is also true that when you traded stock market your stock losses gets hit early and you have to wait very patiently for the prophets because it takes time to hit your target but that is where the real power of risk management comes into play and you are able to make bigger profits mathematically.

2. Never trade without hedging: as you all understand that whenever you have a big money at stake you should have insurance with you it be ok ka your house you are life or your hard earned money in stock market but majority of the people fail to understand that when you trade in stock market you should have hedging with you so that you are able to make big profits in stock market. Can be understood by a simple example get when you go to buy a car and you have to come out from the showroom then it is mandatory buy the insurance before you can take your car on the floor this is the importance of insurance because ka is an expensive item that you cannot take the risk of losing such a big amount in an accident similarly when you make a position of lacs you should take insurance in the form of options so that if the trade goes against you you have enough backup with you so that you do not wipe off your complete portfolio in stock market.

3. Always by the quantity that your pocket allows: Hindi past several years of our teaching and trading in stock market we have seen the people who grow their account are the ones who trade with inconsistent quantities their risk and reward hard different for different rate and that is where the problem starts you simply cannot buy one stock from your complete portfolio it has to be diversify it so that your risk and your reward is managed throughout your different trades. The technical term for this is position sizing which is simply a technique with which you keep your portfolio diversify and you always know that according to your own pocket how many lots of future or how many lots of option selling or buying you should do so that you are in safe hands. If your quantity is right then no matter even if this strategy goes against you even if the trade and the trend goes against you you still have limited loss and you will never blow up your whole capital because of non uniform quantities.

4. Think like a computer without emotions: SBI on know that stock market is a complete combination of science arts and human psychology when it comes to human psychology this is where the real power of a trader is because when your money is involved you are emotions and your discipline goes for a toss. You need to have control over your greed and your fear you can never take a position just because of fear of missing out and similarly you cannot leave your profits on the table because you were too greedy and wanted to make unrealistic profits.
This mindset quality cannot be developed in a day or two but take several months of regular trading so that you can trade just like a computer without any emotional you have to come out of stock + when it hits and you have to keep trailing your profits till your target is made and nothing in between. The real problem is that human don't think like that humans always thing with emotions when this is some profit the try to book it immediately and when they see losses they wait hopefully that it will come back in green and they keep on making losses. Complete stock market is a combination of risk management high Momentum high expectancy strategy e hedging techniques and most importantly mind psychology. Check Out Our Free Stock Market Course Here.

Free hope above tips will definitely help many retail traders out there who want to learn stock market and become a profitable successful trader making consistent profits in the years to come and we promise we will keep bringing you much more knowledge which will be validated and authenticated and absolutely free of cost for all the retail traders. Keep looking this space for more knowledge on stock market trading in stock market course.

At the End, we would like to conclude with only one statement that is just like any other profession in stock market also knowledge is the king..

We will be coming up with more search blogs to help the retail traders gain complete knowledge and exact professional strategies concepts and techniques that are used by Pro traders to make consistent money from stock markets.

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