Oct
20

The rules for trade in the first month on the NYSE

Begin trading on the stock exchange is very difficult and your primary task is not to lose money. I decided to present a couple of simple but effective rules for trade in the first month on the NYSE.

  • The size of the position:
    100 shares (not more)
  • Limit losses for the day:
    $ 20-25
  • The risk in the transaction:
    10C maximum risk in the transaction
  • Number of positions:
    1 position
  • STOP :         >10C
  • Shares:
    Average daily volume in shares from 500 000 to 5 000 000
    Price: $ 15-50
    We sell only the trends
    Only stocks with a smooth motion
    Candles in the action shall not exceed 15-20C
    DJ components are not touching
    Shares included in the Commodities (commodities) do not bother – Oil, coal, silver, etc.
    Average daily movement of shares not less than $ 1
  • Time for NY:
    10:30 am – 12: 00 and C 14: 00 to 15: 40
  • If 3 days in minus not sell
  • If 3 deals in the rest minus 30 minutes

P.S. Can that still remember

My blog find on following phrases:

Interesting links:

Share and Enjoy:
  • Twitthis
  • Facebook
  • Google Bookmarks
  • RSS
  • E-mail this story to a friend!
  • Twitter
  • MySpace
  • Yahoo! Bookmarks
  • Technorati

Similar articles:

Post comment