Sharing #charts is no use until you trade
Just remember π€¨
100s of charts are being shared everyday.
100s of breakout happens
100s of retest happens
100s of volume burst happens
What matters is which stock you select among those.
If everyone traded on charts then everyone would have made money In stockmarket but it isn't the case right ?
Hence stock selection is the most important aspect of trading/investing
#Stockselection #tip
Just remember π€¨
100s of charts are being shared everyday.
100s of breakout happens
100s of retest happens
100s of volume burst happens
What matters is which stock you select among those.
If everyone traded on charts then everyone would have made money In stockmarket but it isn't the case right ?
Hence stock selection is the most important aspect of trading/investing
#Stockselection #tip
Forwarded from Techno_Charts ππ
Sharing #charts is no use until you trade
Just remember π€¨
100s of charts are being shared everyday.
100s of breakout happens
100s of retest happens
100s of volume burst happens
What matters is which stock you select among those.
If everyone traded on charts then everyone would have made money In stockmarket but it isn't the case right ?
Hence stock selection is the most important aspect of trading/investing
#Stockselection #tip
Just remember π€¨
100s of charts are being shared everyday.
100s of breakout happens
100s of retest happens
100s of volume burst happens
What matters is which stock you select among those.
If everyone traded on charts then everyone would have made money In stockmarket but it isn't the case right ?
Hence stock selection is the most important aspect of trading/investing
#Stockselection #tip
If you are short term trader
Stock Selection matters a lot
1. Dont Select stocks that are UNDERPERFORMING .
Use Relative Strength Indicator
(not RSI)
2. Select stocks in uptrend, making new Highs , new aths
3. Select stocks which have not fallen more than 15% from recent high
#stockselection #tip
Stock Selection matters a lot
1. Dont Select stocks that are UNDERPERFORMING .
Use Relative Strength Indicator
(not RSI)
2. Select stocks in uptrend, making new Highs , new aths
3. Select stocks which have not fallen more than 15% from recent high
#stockselection #tip
Forwarded from Techno_Charts Paid Mentorship
Where do I prefer to trade
1. In smallcaps/ Midcaps
2. In Cash
3. High Growth Companies
4. D/E< 1
5. In uptrend
6. Trading near 52 week highs
7. Currently I avoid banks , fmcg , Steel
8. Use Daily time Frame
Retweet and Share !
#Tip
1. In smallcaps/ Midcaps
2. In Cash
3. High Growth Companies
4. D/E< 1
5. In uptrend
6. Trading near 52 week highs
7. Currently I avoid banks , fmcg , Steel
8. Use Daily time Frame
Retweet and Share !
#Tip
How to minimise drawdown
1. Trade Directionally
2. Expose Little By Little
3. Protect Breakeven
4. Sell into Strength
#tip
1. Trade Directionally
2. Expose Little By Little
3. Protect Breakeven
4. Sell into Strength
#tip
Trading #tip: Don't try to improve your hit-rate. A trading approach based on a lower hit-rate is much more robust, because it has built in a failure tolerance. Work on increasing your average profit and decreasing your average loss.
Being in cash as a trader gives you a lot of advantages:
β¦ you can outperform an index by doing nothing
β¦ neutral view on the markets
β¦ no emotional involvement
β¦ capital protection
β¦ enough time to reload the mental batteries
β¦ restart from scratch
Cash is a position!
#tip
β¦ you can outperform an index by doing nothing
β¦ neutral view on the markets
β¦ no emotional involvement
β¦ capital protection
β¦ enough time to reload the mental batteries
β¦ restart from scratch
Cash is a position!
#tip
Swing Traders what you can control :
1. Risk
2. Position Sizing
3. Exiting/ Reducing a Stock Before Earning
4. Hedging if FnO
What you can't Control
1. Overnight News
2. IRCTC candle π₯ (Panic Candle)
Anything Else ?
#tip #StockMarket
1. Risk
2. Position Sizing
3. Exiting/ Reducing a Stock Before Earning
4. Hedging if FnO
What you can't Control
1. Overnight News
2. IRCTC candle π₯ (Panic Candle)
Anything Else ?
#tip #StockMarket
You can save a lot of money by not buying stocks in stage 3 topping phase or stage 4 downtrend .
Most Retailers Buy and Hold during this time .
Lots of stock will give you Areound 30 to 40% losses in coming time.
#Tip #Stanweinstein
Most Retailers Buy and Hold during this time .
Lots of stock will give you Areound 30 to 40% losses in coming time.
#Tip #Stanweinstein
π2
Forwarded from Techno_Charts ππ
Acceptance will help you to become a better trader:
1) Accept to stay at the sidelines
2) Accept that you will have losses
3) Accept that you don't catch the bottom/top
4) Accept 10 losses in a row
5) Accept that your next trade will probably be a loser
#Psychology #tip
1) Accept to stay at the sidelines
2) Accept that you will have losses
3) Accept that you don't catch the bottom/top
4) Accept 10 losses in a row
5) Accept that your next trade will probably be a loser
#Psychology #tip
π13