Learn Online Professional Trading in Mumbai, Ahmedabad, Chennai
Trading is a business for some and a passion for many. There are many benefits as well as loop holes in the entire process like you cannot be lucky to win every time. There might be good days as well as bad days, but a true professional trader must know how to cope up with the barriers and move ahead with new strategies. No pro trader can guarantee win every time, whatsoever tricks or strategies you apply, but for a beginner, knowing the basics can help a lot. You can easily learn online professional trading in Mumbai with the help of experts at Bear Street. The experienced team of trainers here focus more on practical exposure rather than theoretical knowledge. The students can get themselves enrolled for multiple short term certificate courses which can be undertaken from the comfort of home as well.
Professional trading strategies
Professional traders are not made in a day, neither are they born. It’s all practise and adequate exposure to the business, the helps traders become proficient and professional. To learn online professional trading in Ahmedabad, one must primarily analyse the strengths and weakness and work on them. Don’t take losses personally which most of the professional traders don’t but beginners do. Another strategy adapted by the traders is to select one trade at a time rather than complicating things with many at a time. Some of the most widely used and applied trading strategies by professional are as follows:
- 80-20 Trading Strategy – This revolves around a chart price formation usually by analysing a candlestick bar with long body and small wicks, where the body must take 80 percent of the total size and wicks must constitute 20 percent
- Holy Grail Trading Strategy – Here the Average Directional Index or ADI must break above 30. It analyses 20 period moving average
- Three Little Indians Trading Strategy – This is purely based on price action trading strategy
Basics of trading like a professional
Beginners who wish to learn online professional trading in Chennai should start from the basics itself.
- Develop a trading strategy and stick to it
- Maintain your strengths and work on your weaknesses
- Appropriately use the technology
- Have a calculative risk that you can afford
- Use a stop loss technique always
- A professional expert trader should understand the point when to stop
- Always remember that trading is a business and it will have its share of profits and losses
- Don’t take losses personally
Purpose of trading
Like any other business, the aim of trading is to bring in profit but the difference lies in the fact that there is no physical selling or buying of any kind. Owing to the existing economic challenges of the country, trading can be counted as one of the most lucrative businesses, which can be either pursued on a part time basis or you can be a full-time investor depending on your choice. The purpose is to bring in money with the help of different kinds of assets that can be kept for short period of time or for longer duration (investment).
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