One of our recommended stocks ADANIENT, was the leading stock in the NSE 100 list on Monday. Though the broad markets were choppy and losing marginal value, this stock out performed to close with above 8% gains. When a stock selection is perfect, it supersedes the main trend. Stops have been closer on many stocks that are in trade now. Thus, locking in open risk and this would mean good times for trading accounts.
When a stock that we have traded does not perform as expected, we have to get out of it and place the investment into another stock. So that our equity keeps growing immaterial of what the market does. Using trailing stops gives us this advantage, get into a stock in expectation of it giving profits to your account. If it stalls, take exit at the right levels, in such a way that your account does not undergo major damages and get into another option that looks attractive.
Cut down your losses short and run your profits long, this in one way of doing it.
Have a happy trading day. Team BraViSa.
No comments:
Post a Comment