Different Traders trade on different strategies to
trade effectively in the Stock market. The traders are always on the lookout
for the strategies which are risk free and provide high rate of accuracy. It is
a known fact that no strategy is 100 percent correct and there is some degree
of risks associated with every strategy. However the risks can be minimized in
a variety of ways and the trader can trade effectively making an overall
profit. The traders can rely on advisory firms for the accurate equity tips and intraday trading Tips.
One way of minimizing the Risks is to use more than
one indicator at a time and get the conformity of the buy and sell signals. For
example one can use the indicators Parabolic SAR and RSI together. Other way is
to use Parabolic SAR and ADX together.
Parabolic SAR is a trend following indicator. It
indicates the current trend and helps in following the current trend. It can be
used along with RSI to confirm the buy and sell signals. RSI helps the trader
to determine the overbought and oversold levels and also to understand the
current trend.
Similar to the above strategy the parabolic SAR can
also be used with ADX for the confirmation of the Buy and Sell Signals. The
current trend will be ascertained by the parabolic SAR and the strength of the
trend can be confirmed with ADX. The value of the ADX will determine whether
the trend is a strong trend or is a weak one. Thus the trader can be sure to
trade in the case of Strong Trend and can limit himself to take risks in case
of weak trend.
The above strategies are used by the Technical
analysts of various advisory firms to generate accurate Stock market tips in the form of buy and sell calls. Money Classic Research is one such
advisory firm which is SEBI registered and very reputed.
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