First of all understand its not only picking a stock,Its also about holding on to the trade and time frame we are trading,we are trading weekly or monthly time frame!!
Weekly charts are tough to trade because it takes more strength and dedication.
To trade weekly charts, you must make your judgments on the weekends and not formulate any changes until the next weekend. For most traders, this is very hard to do. Result in the seduction and move a stop loss or wish to protect your profits and exit the market prematurely.
To train yourself not to look at the market during the week is a tough thing to do. So Most people don’t think of trading weekly charts.
My understanding is that there is plenty of money that can make trading weekly charts, clearly because limited
traders can do so.
To create wealth in the markets, you have to step where the normal traders do not step. Weekly charts are one of those places.
Investment Idea!— KRISHNAKUMAR (@krishchess) May 9, 2021
1)ABBOTT INDIA (Reversal)
Every Time it reverses It made minimum 100%
SL below 14000 MCB
It Retesting the multiyear BO, Expecting a good
move because of commodity Buzz!
SL below 1300 MCB@SouravSenguptaI @Rishikesh_ADX pic.twitter.com/uAaqab5yiJ