Before embarking on your trading journey with reference to our research alerts/reports, we would like to highlight essential trading practices that can significantly enhance your trading outcomes.
As you are aware, the stock market is inherently uncertain and volatile. Therefore, we recommend adhering to the following do’s and don’ts for optimal results:
1. Always use a Stop Loss when trading or investing.
2. Ensure your Stop Loss is placed within the trading terminal and avoid relying on mental stop losses.
3. Set a Target order in the system to secure profits at your desired price.
4. Trade with a portion, not all, of your capital in each trade.
5. Never risk your entire capital on a single trade.
6. Minimize trading with leverage whenever possible.
7. Focus on capital protection; systematic trading can yield long-term profits when capital is safeguarded.
8. We at Trades Mantra will never request your D-mat/Trading account Login ID & Password. Please disregard any such requests and promptly inform us via our official email.
9. All recommendations will be communicated exclusively through our mobile application. Kindly download it for updates, or contact our customer support for assistance.
For instance, if your capital amounts to Rs. 5 lakhs, consider investing only Rs. 50,000 in any single trade. Diversification is key here; it reduces the impact on your overall capital if a trade doesn’t go as planned and your stop loss is triggered. Diversifying trades enhances the probability of long-term profitability while reducing the risk of significant capital loss.
We trust that you will adopt these practices to guide your trading and investing decisions effectively.
Thank you.