Calculate the total loss you will face in trading portfolio if all SLs are hit if market goes against you.

Select an appropriate strike to buy a Put option left with considerable expiry to hedge your portfolio. Hedging through options is one area which retail investors ignore

A Mega Thread on Price Action Trading!🧵👇

#LearnWithChartmojo #stocks #trading

1/13

Have you ever felt a lack of research as a cause of losing money?

Get out of the trap by focusing on price action and following the market to make money from smart money’s research.

2/13

As suggested by the name, price action is the plot of a security’s price movement over a particular period.

Traders use this data to understand the temperament of the markets to make money trading profitably.

3/13

Price action trading is a widely used trading technique that relies on reading, analyzing, and interpreting the price movement of a particular security and the subsequent patterns formed due to it.

4/13

In its essence, price action trading capitalizes on the crowd mentality inherent in the markets and the consequent repetitive price behavior. It provides a psychological edge in its leading nature.

For 7 yrs I struggled to ride trends..

& in 2015-17 when I started learning TA smthng crazy happened..

Here is a simple strategy that helped me..

• Identify turning points in stocks
• Find quality stocks
• Not panic & ride trends
• Finally make 💸

CCI & Pivot Strategy🧵..

1⃣ How to filter stocks? Is there a scanner?

There are 1000s of stocks in the market & you need to invest in only a few.

How do you narrow it down to a select few?

Use this simple CCI based scanner every

Some company's concalls are addictive. You go through one n learn so much about industry that u keep going. Name some of such companies. Let me start - Heritage concalls on Dairy Industry

Your list?
If it's better than 10 year multi bagger stock list, then, like n forward 😄

https://t.co/6LIa458yJY all BO stock today

My top recommendations for the Chart Patterns if you are interested.

Good, Strong and Resonable Stocks (GSR) for your trackings.

Created using Combo Scans of @mystockedge

Which cos according to you have highest probability of tripling revenue in next 4 years (~30% cagr)?

FY26 revenue is 3x FY22 revenue ?

My guess among cos I track: Sona comstar, saregama, mastek, dynemic products, sastasundar, angel one

I missed one: Mirza india aka red tape. :)

if u are looking to scan the stocks which are moving in tight range,
how would u construct a logic for that?

Everyone's suggestions are welcome

#INDICATORS
Intraday trading is all about identifying 3 components 1) Trend 2) Direction 3) Momentum
(TDM).
Trend - Developing cpr width
Direction - PivotShiftIndicator
Momentum - PivotRSI.

Just finished devloping color codes for identifying trades based on TDM.

New combo scan by me using @mystockedge

Stocks with amazing quarterly results and strong price action.

Keep them in your watchlist, especially in falling markets.

What are some hidden gem indicators on @tradingview platform ?

I like TL enhanced Volume Indicator

Swing trading set ups

1. Pin bar at 200EMA in daily TF
2. Stocks riding through upper Bollinger Band in daily TF
3. Hidden bullish divergence
4. Price at horizontal channel bottom
5. Anchor vwap support from past major swing low
6. Price retesting previous ATH after breakout

@StocksNerd Sir, if not wrong you taught MACD -H in your elearn webinar also? From where you have learned it?

@bullysingh You can use Tikr.
Its a screener with data for all stocks listed worldwide 🌎 including US, UK, China and India.

Available to use for free (for

@AdityaTodmal Stan Weinstein's Secrets For Profiting in Bull and Bear Markets

& Mark Minervini Books

7 effective trading journal tools that you can use to make better decisions (instead of just maintaining a trading journal):🧵

Collaborated with @AdityaTodmal

Lets start with the harsh truth.

80% of traders just maintain a trading journal and never evaluate.

Recording your trades on day-to-day basis is just maintaining a trade book which your broker can furnish anytime.

Hence this exercise of recording trades is simply futile.

Things to record in the Trading Journal:

1.Long/ Short
2. Symbol
3. Qty
4. Buy Date
5. Buy price
6. Sell Date
7. Sell price
8. Profit/Loss
9. SL
10. % of cap risked
11.RoI %
12.RoCE %
13.Days held
14.R/R
15.Set up used

Once all the records are in place you need to build an analytics tool.

Trade records on its own is just the raw data which needs to be processed to derive info out of it.

Record your 50 or 100 trades.

Thereafter, analyse the following:

1. No. of wins
2. No. of Losses
3. % of winning trades ( No. of wins/Total trades)
4. Avg gain %
5. Avg loss %
6. Gain to Loss ratio ( 4./5.)
7. Reward to Risk ratio
8. Open Risk

Few ways I add stocks to watchlist basis my rules for #TechnoFunda. Works well for position trades too #Just4Trade, per ur time frame

In @moneycontrolcom Pro App:
MARKETS menu:

1. Daily after mkt hrs, Choose "Top Gainers" & "1 DAY"
"All NSE"

Scan the list, add that interest U

An indicative list of my AVOIDS (exceptions exist for few mkt leaders):

Commodity stocks like Cement, Most PSU, Most Textiles, Leather, Most capital goods, Liquor, Road EPC, Jewelry etc

Price < 50, MktCap < 250, [ add more per your rules ]

Add your likes to watchlist

Next, Select the below indices that you like and repeat the process with the same "Top Gainers" & "1 Day"

NIFTY 500
NIFTYMIDSML400
NIFTY 200
NIFTY SMALLCAP100
NIFTY XXX
NIFTY YYY

1.1 Friday after mkt hrs, Choose "Top Gainers" & "1 WEEK"

Select an index, Skim stocks, add to watchlist

1.2 Last trading day of the month, repeat the process with
"1 MONTH" time frame

2. Daily after mkt hrs, Choose "52 wk High"

Select an index eg: "All NSE"
Scroll....

Repeat the process for the indices you like

Top 5 trading blogs to read:
1-Trading with Rayner
2-New Trader U
3-Trading QnA by Zerodha
4-Factor Trading
5-SMB Capital
RETWEET for more such top 5 lists in future.