🙏🙏
@SouravSenguptaI Thank you for the recommendation. Finally started reading this bible for trend following. @Covel pic.twitter.com/8IhaIQXN2S
— Amit Chawla (@amitchawla95) July 7, 2021
More from Discipline TrendFollower😀
Thanks brother for this & sharing it in public domain.
👍👍
As informed, this thread contains the #ChartinkScanners on the basis of which the traders can select stocks for their watchlist to trade. But nowhere is a Buy/Sell/Hold reco list. Pls Retweet for max reach. https://t.co/ezl0XffNbU
— H@\u20b9i$H \U0001f1ee\U0001f1f3 (@harrie007) June 26, 2020
As per classical tech analysis
Whenever daily RSI starts trading above weekly RSI. Consider it as short term bottom
When weekly RSI, above monthly RSI midium term bottom
Now daily RSI 30
Weekly 37
Monthly 59
@bankniftydoctor ..RSI king.view pl
I will do either
— Discipline TrendFollower\U0001f600 (@SouravSenguptaI) March 7, 2022
1.Monthly RSI near 40 ( presently 58)..Did nearly 20 yr backtesting
Or
2 A close above 17350 ( monthly)..This will confirm HH Structure
Levels r as of now
I am following very simple trading plan based mainly on RSI and ADX.
— Dr.Jignesh Shah (@bankniftydoctor) January 27, 2019
Now whenever we wants to initiate trade then firstly we have to decide BIAS for direction.
BIAS based on RSI as follows-
RSI Above 55-Long.
RSI below 45-short.
RSI between 45-55\u2014- neutral.
Continue
Pl find enclosed a general FAQ prepared earlier & I hope it could be useful
Any query is welcome
#trendfollowing
I have tried to prepare (best of my knowledge) a small FAQ on Trendfollowing. For more details you may read https://t.co/E5JE81huNA by @Covel
— Discipline TrendFollower\U0001f600 (@SouravSenguptaI) July 12, 2020
Also liberty of tagging @WeekendInvestng
& @Trendmyfriends whome, I consider as best TF in India
Slightly length..But do read it
More from Bookstoread
A Mega thread!
My last thread for 2021 🧵
#Books #Reading
Let's get started 👇
A few years back, I used to read articles which used to say a CEO read 40 books this year and I always thought how?
It's all about consistently reading a few pages every day!
2020- I read 15-25 pages(not every day) - I read 34 books in 2020
2021- I read 25-35 pages every night before sleeping and 100-150 pages every weekend
Ok, now let’s go through those 50 books 👇
1/n
Shoe Dog by Phil Knight
Nike started off by importing high-quality, low-cost running shoes from Japan
What’s shocking is the number of times the business came to an end but came out stronger every time!
Never Giving up – The one key lesson from the book!{{ img:6c137d }}
2/n
Ankur Warikoo's 6 Ebooks
Failure Resume
Mistakes I made with my money
mistakes I made in my 30s
Leadership
Time Management
Mistakes I made in my 20s
Read here - https://t.co/utSzYtS3CV
PS - He is someone I follow very closely, I learn a lot from his content!
@warikoo
Not just the above but his threads, videos, newsletters and podcasts are also amazing!
His new book ‘Do Epic shit’ is out, I would strongly recommend you to order that. I have done that already on Day 1 and I am starting my 2022 with that book 😊