Thanks a lot 🙏
@AnkurPatel59
bhai for the opportunity.
Tried my best with all the little knowledge I have about the markets. I hope this video helps the viewers in any way possible and gives them a better perspective.
The Young Traders Show is Back with
@Siddhu_tweets
this time.
Get Ready to Learn about " Low Cheat " Setups.
Wednesday 7 PM on
Retweet for Max Reach. Thanks
A 🧵 on my Weekend Scanning Process
1. I run a simple scan which gives me a universe of stocks that are at least 50% up from their 52W lows.
link of my scan :
From 21st July I will be Swing Trading a 50k Account till next 6 months and will post the PnL report along with my journal on monthly basis.
Analysis shall be shared prior to the Trading day.
Broker to be used : Zerodha
#MADRASFERT
- Long Base in Monthly TF
- Base within a base in Weekly TF
- Base within a base in Daily TF
- Very tight on the right side with dry volumes
- Multiple Pocket Pivots showing Accumulation
Big Move Awaits?
Please retweet if you find any value in my work.
- 'A' grade stocks are meant to go with big size and thin stops.
- 'B' grade stocks are meant to go with 15-25% size but objective is to hold for longer period and stops re wider
- 'C' grade stocks are meant to go with small size 10%.
#Preparation
#trading
#PRAJIND
A Buss to never Miss.
Multi timeframe analysis
On Monthly TF resting over 10MA with prior shakeouts
On Weekly TF : WIB with Prior shakeout
On Daily TF : Double IB + Linear correction + prior uptrend
@vcpchartist
@drop_of_N_ocean
@VCPSwing
A simple method to filter strong stocks in a volatile market
Relative Strength is one of the easiest model that can lead you towards super performance. There could be many variations to gaze relative strength. Presenting you the way I see it.
#StockMarket
#stockstowatch
2 years back when I used to watch videos of
@PradeepBonde
and go through tweets of
@iManasArora
, I used to imagine "how on earth could someone buy at such unobvious location". Now when I do the same, I realised that this is creativity.
A curated 🧵 on Low Cheat Set-ups
Some of the low-risk entry points that could have given you asymmetric returns. These are not the obvious buy points hence more probable.
If you found this helpful then please do:
Like and Retweet for a better reach
#JKTYRE
*Missed*
Performance Report
Month-1
Total No. of Trades = 23
Avg. Winner = 524.3
Avg. Loser = 192.4
Expectancy = 34%
ROI = 6.5%
Lesson: I should have held my winners for longer, still in the learning phase, it's a pretty long way to go.
@iManasArora
If you wanna really understand AVWAP to its depth there are 3 wonderful traders whom you can follow:
1.)
@alphatrends
2.)
@Bijay_reborn
3.)
@NKStocktalk
All three of them have cracked it to the core. You must go through their F2F videos.Mind-blowing it is!
In last 16 trades , I made money in just 4 trades i.e., 25% batting average.
Still I am 5% up after paying charges and taxes.
Fact is assymetric risk to reward is the only edge you have , it is going to save you during the bad times.
@iManasArora
#FinTwitt
#StockMarketindia
One small change I have made to my system in the last 3 months is, I scan weekly charts and trade them on daily TF. This has improved my win rate and my number of trades has decreased.
In addition, my decision-making has improved and trading has become more peaceful.
Sample size : 100 trades
Risk per trade : 1% on PF
Position Size : 15% of PF
Stoploss per trade : 6.67%
Min. Return : 20%
Risk Reward : 1:3
Expectancy : 40%
You make a triple digit return.
November Trades Log
#ITI
1st Entry : 9th Oct @ 202 with 2% stop
Initial Size : 5% , As the overall markets were tanking down I had reduced my sizes significantly hence could not capitalise on this.
2nd Entry: 2nd Nov @ 272
3rd Entry: 6th Nov @ 278
Exited 17 Nov @ 260
Next time when you are amidst a correction look out for these signs.
These were the past leaders but make sure you cash out the next set of leaders.
#relativestrength
#superperformace
Performance Report
Month-2
Total No. of Trades = 31
Avg. Winner = 275.69
Avg. Loser = 120.72
Expectancy = 42%
ROI = 3%
#lessons
: The number of trades is very high.
Win size is not good enough.
Have to pick only 5star setups
@markminervini
@RichardMoglen
@mayankbisen22
It's been a few weeks since I started reading and listening to J.Krishnamurthi and it turns out to be the best decision of my life.
@swing_ka_sultan
@Anuragg_CA
I was recently interviewed by The Nirvik which is Odisha's oldest financial newspaper. In this video I have discussed about
- Risk
- pivots
- mindset
Credits :
@iManasArora
Your feedback shall be appreciated
A 🧵 on my Weekend Scanning Process
1. I run a simple scan which gives me a universe of stocks that are at least 50% up from their 52W lows.
link of my scan :
That challenge transformed my trading. Those 6 months taught me
- Not 2 over trade
- Stay disciplined with size and stop
- Bet on the best set ups
- Accountability
Capital is never the constraint, Metal Agility is the constraint. This 50k in 6 months develops your Mental Agility
From the upcoming week I will be swing trading a 50k account for 6 months and will be sharing my journal with you on a monthly basis.
Will also post the trades that I take on daily basis to let you guys know how it is all executed!
Challenge inspiration:
@Siddhu_tweets
🤝
In this podcast I have discussed about my trading techniques and preparation. Do watch it and drop your feedback.
It would help me to improve.
#podcasts
#fintwit
#YouTube
#podcast
Finished reading it , today.
Definitely a book that can change your life. Mark has really dissected the human mindset into elementary level and gives you a holistic way to think towards greatness.
@markminervini
3rd Month
Performance Report
A dip in EQ curve
Lost around 3.5%
Positives = Took less trades , Held some trades really well
Mistakes = was oversized in some trades , didn't sell into strength , Good gains were turned to TSL
Lessons : Sell into strength + optimal size
Unless u fall in ❤️ with this game it's hard to be successful. People who play just to get rich are out of the game coz intially their losses gives them the belief that they can't get rich in this game.
#perspective
There are three stocks that has given me immense lessons when it comes to riding a trend in a Bull run.
#MAZDOCK
#JBMA
#REFEX
I had amazing entries in these scripts but sold them way too early.
Won't happen next time though.
How to not to miss the next set of leaders
- During the phase of correction, keep a track of names showing high relative strength and make a watchlist.
- Just to have some skin in the game, we could buy 2-3 shares of the individual names. This would help to track them closely
When you buy a Breakout, general it comes off from 20MA or 10MA , then you have to sell it sooner into strength.
Where as if you buy a Cheat set up or a low cheat set up , it generally comes off from 50MA. You can afford to hold it for longer.