According to the data by the Insurance Regulatory and development Authority (Irda), new policy sales rose 10 per cent to around 33 million in April-December 2009 from 30 million in the first nine months of 2009-10.
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How to avoid loss while Buying stocks
(b) If the trend is up and a good stock has been spotted, than the best time is to buy the stock when the same is trading around 30% off its peak.
(c) If trend is confirmed and it is an uptrend than buy a stock when it starts trading 10% above the DMA.
(d) Do fix a stop loss for any trading strategy.
In the bear market: Accumulate more on every fall and invest for long term to reap full benefits. Even good stocks will be available at cheap prices in bear market due to bad sentiment.
Intra Day trading Rule:
Have confidence in yourself and abilities and reaffirm yourself in front of mirror or any where that you are a successful day trader and you are the best and market will also automatically start respecting the individual thinking with positive frame as one start taking judicious decisions.
Think big, think fast, think ahead. Ideas are no one’s monopoly”Dhirubhai Ambani
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