We are PROFIT KING. We provide trading tips for COMMODITIES (MCX) and NIFTY based on technicals as well as fundamentals. We insure that if trading is done with rules and regulations in the markets you can never incur loss, because trading is not a part time job but a serious job that requires lot of concentration. As your business is your full time job and no one can perform it better than you, likewise consulting for commodities and nifty is our full time business. From our point of view this business is not for those who are not able to control their FEAR & GREED. This business is for those who have a great degree of PATIENCE.
We personally feel that no body can be a crorepati in a single day. The money grows but slowly and steadily all that is required is TIME MANAGEMENT,MONEY MANAGEMENT and TRADES MANAGEMENT
Our rules are: (Without rules you can’t earn a single penny)
- Trade all our calls.
- Maintain strict stop loss in every trade.
- Fix your lot size for every trade.
- Never risk more than 10% of your trading capital in a single trade.
- Never do overtrading.
- Never let your profit turn into loss.
- Do not enter a trade if you are unsure of trend.
- Diversify your risk equally among different commodities.
- Extra monies from successful trades should be kept in separate accounts.
- Never average a loss.
- Never get out of the market because you have lost patience, or get in because you are anxiously waiting.
- Avoid taking small profits and large losses.
- Never cancel a stop loss after you have placed it.
- Avoid getting in and out of the market too soon.
- Be willing to make money from both sides of the market.
- Never buy or sell just because the price is low or high.
- Never hedge a losing position.
- Never change your position without a good reason.
- Avoid trading after long periods of success or failure.
- Don't try to guess tops or bottoms.
- Don't follow a blind man's advice.
- Avoid getting in wrong and out wrong; or getting in right and out wrong. This is making a double mistake.
- When you lose don't blame it on luck.