Trade Union in India Trade union..a well used term used to denote a group of workers standing in a collective manner to fight for their rights. Having a leader who represents them and work in the way to protect and promote their interest. The more no. of people join it..the more stronger it will become..both physically and financially.Establishment of trade union was not an overnight procedure, but it was a long term procedure. The...more
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In whatever trade market you are on, your trading system should always contain rules or initiatives that would prevent you from further losing money, should the market is not working in your favor. One of these is a proper trade exit. This is part of risk management that you should take seriously or else you will continue to lose within your market.Probably you have already set your system on how to spot a good trading opportunity and you have already set your maximum loss. What this means is you should know when it is time to exit a market when you are already losing some money. Because sometimes while you expect to lose money but also expect for the market to turn and finally become productive for you, sometimes the loss has started to gain too much that it should be reasonable to know when to stop the loss.We call these stops and there are two kinds of stops. One is the initial stop and the other one is called the trailing stop. Let us first define the first one.An initial stop is your predefined point on when you will be exiting a trade. To put it simply, while it may not sound good to you, it is knowing and admitting that are losing heavily in the trade and so it makes sense...more
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