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Transcript of Share Trading Tips
Universal Trading
& Training
Academy
Tips for Beginnerswww.sharensetips.com
© Universal Trading & Traning Academy www.sharensetips.com
Our Belief
To inspire people in trading and get inspired.
© Universal Trading & Traning Academy www.sharensetips.com
Our Aim
To lead the nation face an evolution in trading and
helping them to lead themselves.
© Universal Trading & Traning Academy www.sharensetips.com
Our Vision
To make the individual self-dependent and share the
happiness of trading by giving trade calls.
© Universal Trading & Traning Academy www.sharensetips.com
Our Mission
To give a new approach to trading and make people settle
themselves and change their socio-economic status.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
Do not expect to become an expert day trader right away. It
takes considerable time, practice and effort to
learn the ropes.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
Paper trade or use a simulated trading Web site to practice
your trading techniques before you use your own "real"
money.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
Learn from your losses - take advantage of each loss to
improve your knowledge of the market.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
Never allow large profits to turn into losses. Consider
selling if the market moves against you by about 25% or
so from your peak profit point.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
The key difference between winning and losing day traders
is the ability to exercise discipline to avoid mistakes or
bad trading tactics.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
• Always limit your losses - use stop orders.
• You must subordinate your will to the will of the market. The market is always right.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
• Always keep records of your trading results and analyse the results
• Good day traders generally sell into good news and buy on bad news
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
Patience, perseverance, determination and a rational trading plan are the key attributes of a
successful day trader.
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
Do not try to profit on every trade. It is the total profit you
make that matters not the number of individual wins
© Universal Trading & Traning Academy www.sharensetips.com
Dear traDer’s
If you do not find day trading fun or find it too stressful you
will not likely be successful. Try some other activity.
© Universal Trading & Traning Academy www.sharensetips.com