1. Always Choose a trendy stock,index or a commodity to trade.
2. Always follow the trend.
3. Always wait for fresh signals to generate before booking out from the previous position.
4. Always take entry in 15 min candle and exit in 5 min candle.
5. Always create position only on the next candle of the signal generated.
6. Always BUY ABOVE / SELL BELOW the signal candle .
7. For better results trade in 2 lots .One lot to be booked at tgt levels & second should be continued with
trailing stoploss.
8 . Always keep 0.10 % tolerance factor for stop loss .
ie. if you are getting sl as 5200 for a buy position place the actual sl as
5200 - ( 5200 * 0.10 % ) = 5200 - 5.2 = 5194.8 as your sl.
9 . Always paper trade for first 7 days and try to understand the system.
10 .Never over trade and carry overnight position.
Wishing you all a happy trading and hope you all earn from this .
feedbacks are welcomed at : techtrades2010@gmail.com .
Link : https://docs.google.com/folder/d/0B1y9IhKnJKiPX1hvZmxYc2J5TkU/edit
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