W D Gann Trader
W D Gann Trader

@Bjybnf

10 Tweets 7 reads Jan 10, 2023
Telling my 8 years experience in 5 minutes for which rules to follow Sincerely in Gann trading to become profitable in Stock market.
1⃣Divide your capital into ten equals
parts and always risk less than one tenth of your capital on any
a trade.Risk only up to 10% of your capital in any one
Market.
2⃣Use stop loss orders. Always
protect a trade when you make it with a stop loss order 1 to 3 points(up to 5 points) away.
3⃣Always trade lot size and
The amount of risk that fits within your capital limit.
4⃣Trade with the trend. Buy or sell
Only if you are sure of the trend according to your chart and
rules.
5⃣Enter the market and stay in
Trade only as long as you are sure of the market signals according to your rules.
6⃣Close your trade only with a good
reason. Follow up with a stop loss order to protect your profits.
7⃣Collect a surplus. After you
made a series of successful trades,put some money in Surplus account as an emergency fund.
8⃣Take big profit and small loss.
9⃣If you have the position and
the market starts to move against it, exit the market, take
Loss, and wait for another opportunity. or rely on your stop order to minimize your losses.
1⃣0⃣
After applying stop loss
Order, keep it always, and only move it in that direction, that Minimizes risk/protects profit.
1⃣1⃣
Let the market prove it's making
a top. Let the market prove it is making the bottom. by following
Some rules, you can find this.
1⃣2⃣
Only follow the other guy's advice
If you know he knows more than you.
1⃣3⃣
If your lot size has multiple
contracts, reduce the number of contracts traded after the first
Loss.
1⃣4⃣
Always protect your accumulated
profit. On a long position, raise your stop loss order once your
profit equals your initial risk. On a short position, lower your stop
loss order once your profit equals your initial risk.
1⃣5⃣
Don't let emotions go against your rules.
I post such threads every week. Follow for more such threads.
#StockMarket #Gann #trading
@nishkumar1977 @caniravkaria
Retweet the first tweet.👇👇

Loading suggestions...