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GOLDEN RULES for Trading

 So many rules are there to trade. mainly we have to fallow bellow rules to get 60% success in trading.....
  •  Subsequent TOP can't cross the PREVIOUS TOP, Subsequent TOP languishing (roaming about) below the PREVIOUS TOP-SELL (BUYER OF THE SUBSEQUENT TOP is STOP-LOSS for the Trade.
  • IF the MAIN TREND is up correction in major cases will be end at FOUR Weeks LOW. So buy at the for weeks low with the STOP LOSS of 5. points.
  • If the MAIN TREND IS down rally will terminated at 4 weeks high. So try to SELL 4 week high with the STOP LOSS of (5) points .
  • When a stock starts advancing from a particular point 50% of that valuation becomes a stronger resistance.
  •  50% of the last Highest selling rate will be a VERY GOOD SUPPORT. Stock trading below that level is not worthy of investment.
  • if a Low price of the week is achieved on FRIDAY , the Normal situation expect lower price next week.
  • If a high price of the Week is achieved on Friday, in normal situation expect Higher Price next week.
  • If high price achieved on Monday and Low price on Friday... It is sign of WEAKNESS.
  • If low price achieved on Monday and High Price on Friday it is sign of Strengthens. In a highly trending market (upward) lows are normally achieved on Tuesday. in a highly trending  market (downwards) highs are normally achieved on Tuesday.
  •  In an UPPER TREND , IF THE price close continuously downwards for the 3days opening above the three days closing and finally manages to close above the opening it could be the sign end the correction.

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