Learn Stock Market Trading with Free Lessons & Tips

In Stock Market we have 5 minutes Candles and every 5 minute candle takes Five minutes and in Cricket every 1 Over has 6 Balls and takes approximately 5 Minutes, In Stock Market a Trader does not know which Candle is going to give  Small to Big Profits Or  small to big losses, In Cricket a batsman does  not know where the next ball is going to land full toss, off side , legside , wide etc or even the Batsman may get out (which is similar to Stock Market with a Big Red candle when a Trader is in the Buying side and could have cost a huge loss to the Trader.) In stock market in Intraday especially a Trader takes many trades it may be a combination of both wins and losses and at the end of the day or trading session what matters is that a trader makes profit or losses, and in cricket it is a tug of war between two teams, In cricket too every over by over there is wins and losses for both the teams, the team scoring more runs in an over say example if a team scores 20 or more runs in a single over then it could be a win for the batting team  for that particular over depending upon the game situation and losing wickets is a loss for the batting team but positive  for the bowling side. In Stock market to beat the Market (who is considered to be the opponent), The Trader has to make consistent profits even there may be small losses  overall Winning ratio  has to be  Bigger than the Losing Ratio to beat the Opponent the Stock Market.  

Understanding Stop-Loss, Take-Profit, and Trailing Stops

   Trading in the stock market can be risky, but there are ways to protect your money and maximize profits using specific tools called orders. Three main types of these orders are stop-loss, take-profit, and trailing stops. Let's break down what each of these means and how they help traders.

Stop-Loss Orders

What is it?

   A stop-loss order is like a safety net. It's a set price where you tell your broker to sell a stock automatically if it drops to that price. This way, you don't lose more money than you're comfortable with.

How does it work?

   Imagine you buy a stock for Rs.50. You can set a stop-loss order at Rs.45. If the stock price falls to Rs.45 or below, the order kicks in, and your stock is sold automatically.

Why use it?

   It's a way to protect yourself from big losses if the market goes against your trade. You set a limit on how much you're willing to lose.

Take-Profit Orders

What is it?

   Take-profit is the opposite of stop-loss. Instead of setting a price to prevent losses, you set a price to lock in profits.

How does it work?

   Say you bought a stock for Rs.50, and you think it'll go up to Rs.60. You can set a take-profit order at Rs.60. If the stock reaches that price, it's sold automatically, and you make a profit.

Why use it?

   It helps you secure your gains. You don't have to watch the market all the time; the order does the selling for you when the price is right.

Trailing Stops

What is it?

   A trailing stop is a flexible order. It moves with the stock price to help you capture more gains while still protecting your profits.

How does it work?

   Let's say you buy a stock for Rs.50 and set a trailing stop at Rs.5 below the highest price it reaches. If the stock goes up to Rs.60, your trailing stop is at Rs.55. If the stock then drops to Rs.55, it sells automatically, locking in a profit of Rs.5 per share.

Why use it?

   It lets you benefit from a rising stock while safeguarding your gains. If the stock price falls, the trailing stop protects your profit.

Tips for Using These Orders

Choose Levels Wisely:  Set your stop-loss, take-profit, and trailing stop levels based on your research and what you're comfortable with.

Stay Updated:  Markets change, so review and adjust your orders when needed to reflect new information.

Stick to Your Plan:  Avoid letting emotions like fear or greed influence your decisions. Trust your orders.

Test First:  Before using these orders with real money, test them out with historical data to see how they would have performed.

   In summary, stop-loss, take-profit, and trailing stops are handy tools for traders. They help manage risks, lock in profits, and make trading less stressful. By understanding and using these order types correctly, traders can improve their chances of success in the stock market. Always remember to trade smart and stay informed!

The Most Effective Ways to Learn Stock Market Trading is through learning from an experienced Trainer , First Learn the Basics then Learn to Master the Markets using Advanced Levels , Advanced Levels May be any Advanced Strategy or Any Advanced Indicators set up, we can make success in the Stock Market if we have a powerful System giving High Accuracy results, remember Money Management and entry exit Strategy is Also very Important 

my personal suggestion not to jump in the market without learning because you will loose your hard earning money without proper knowledge.so please learn from any tutor first then practice & more practice ,then back test on demo account or paper trade then will suggest to come in market with real hard earning money with small quantity/lot size.Not to be greedy .Always follow your money management,position sizing ,risk management.In stock market patience ,descipline and consistency is the key to soccess .