Share market & The art of money making

Use time as 'Stop Loss' and not the price (5)


  When you do trading wheather it is an intraday trading or a positional trading you may use a price s stop loss to avoid big loss in trading.For example if you buy a share at a price of Rs 400 means you may consider that your target price should be Rs 450 and your stop loss price is Rs 375.ie.,if the price of
the share comes down to Rs 375,you will sell of this share and  you will book a loss.
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Like that use 'time' as a stop loss instead of using price as stop loss.Listen how this works. If you are in positional trade and you bought a share for Rs 400,then you may  consider two weeks is your 'stop loss',within two weeks time,if
the price of the share reachs the target,well and good.If not,whatever be the price after two weeks time,exit the share and sell the share at the available price after two weeks. If you are doing intraday trading,you can keep 30 minutes per trade as  a stop loss.So use time as stop loss,it will help you to do better
trading without loosing much money.
Go ahead!