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Wednesday, December 23, 2015

What do you mean by stop loss and why to maintain stop loss?







We have seen so many traders are not in a position or wants to maintain stop loss. But stop loss is the only sucess mantra for this market.


We never revise stop loss in loss negative direction side. Yes we revise stop loss only to minimize loss.


Stop loss is nothing but actually a trend reversal. If SL trigger then chances will get bright for more panic against your current trade.


Don't maintain useless stop... First read levels carefully on our blog or application or on whatsapp and then trade accordingly.


We have support and resistance. Support is for buyers and resistance is for sellers.


If support break then exit from long and go short sell with stop loss above the resistance level and vice versa.

Nimble traders also can try to buy near support or sell near resistance level with tiny stop loss. Surely you will get good return in that too.


Remember... Stop loss is GOD for this market.


Feel free to ask anything related to market during trading hours. 
We are here to support you.


Thanks and Regards


Indian Market View Team