BC SCREENERS

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Indrazith Shantharaj
@indraziths 4 years ago 989 views

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Breakout Scanner listed many charts today!

Steps to use this FREE Scanner - https://t.co/3teN7Jtuyk

(Link is given inside the article) https://t.co/CNMGIPbK5S

More from Indrazith Shantharaj

Indrazith Shantharaj
@indraziths

A Gap Open is a Big Headache for Intraday Traders.

Nowadays everyday market is opening with big gaps.

Solution?

Shifting to Stocks!

But How to Pick Good Stocks for Tomorrow's Trading?

Presenting 11 FREE Screeners to scan Stocks for the Next Trading Day!

Thread 🧵

(1/N)

MYFNO - To Know the Stocks Which Received High and Low Open Interest (OI)

https://t.co/FURZDTArKK
(2/N)

Shortlist Bullish Momentum Stocks

This Screener shortlists all the bullish momentum stocks from NSE for the next day's trading (based on price action).

https://t.co/3teN7JLDMs

(3/N)

Screeners Based on Price (ex: Previous Day Breakout, Weekly Breakout, Monthly Breakout, etc.)

https://t.co/Y5naQIx967

(4/N)

Volume Shockers - Stocks that received a huge volume

https://t.co/u9LTY5Yiir
(5/N)

Indrazith Shantharaj
@indraziths

7 most Powerful Intraday Setups that will save you hundreds of hours + change your trading career (all FREE)

Thread 🧵

(1/N)

Precautions:

1) Always backtest the ideas before using them in live markets. It gives confidence and conviction.

2) Always keep your risk within 2-3% (of your capital) per trade.

3) System hopping is not a good idea.

(2/N)

#1 IB Open Low Setup

When the market opens above/at the previous day's high, displays open-low, and OL sustains for some time.

It indicates the presence of Initiative Buyers.

Entry: Long trade above Open-Low Candle (in 10 or 15 min chart)

SL: Below open-low candle

(3/N)

#2 IB Open High Setup

Similar to OL, when the market opens below/at the previous day's low, displays open-high, & OH sustains for some time.

It indicates the presence of Initiative Sellers.

Entry: Short trade below Open High Candle

SL: Above open-high candle

(4/N)

#3 IB Open Test Drive Up

This is similar to OL, but it opens above PDH, but tests the PDH, negates all selling, and then closes above PDH.

It indicates the presence of Initiative Buyers.

Entry: Long trade above Open Test Drive UP Candle

SL: Below OTD-UP candle

(5/N)

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Indrazith Shantharaj
@indraziths

4 factors to measure the performance of a trading system:

1 - Accuracy
There is no such thing as 90% Accuracy without compromising on other factors (like profit factor, etc)

Fact - A good trading system will have only 35-60% accuracy without compromising other factors.

(1/n)

2 - Profit Factor (PF)

It is similar to risk-reward. It is derived using the below formula:

Profit Factor = Total Profit by winning trades / Total loss by losing trades

Fact - A trading system above 1.2 PF is good if it scores well with other factors.

(2/n)

3 - Maximum Drawdown

The maximum drawdown also plays a vital role psychologically while picking a trading system.

Fact - Maximum Drawdown in any trading system should not exceed 20%. I suggest picking only the techniques which have less than 10% maximum drawdown.

(3/n)

4 - Maximum Consecutive Losers

We all feel bad even if we lose only Rs.1,000 in a trade. Because it is not only about the money, it is emotionally difficult to accept the failure.

Fact - A good trading system will have less than 15 consecutive losing trades.

(4/n)

TRADE LIKE CRAZY

10 Profitable Intraday Trading Systems, which are backtested against 10-years of Banknifty Historical Data!

(n/n)
https://t.co/BuUie17Ish

Indrazith Shantharaj
@indraziths

A few years back, I was so confused to relate "Volume" with "Price" and every time my prediction went wrong.

Later I discovered my own "Prime-Volume" relationship logic, and all the confusions dissolved.

Read the post to know that

Indrazith Shantharaj
@indraziths

The best place to lose money in this world is Trading.

Trading is misunderstood!

I understand why — it’s a complex process with lots of conflicting advice.

Here’s the good news.

With a little effort & dedication, you can do better in

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Intrinsic Compounding
@soicfinance

What all do I read to keep myself informed about new opportunities and to keep updating myself with the new happenings in the world?

Time for a thread about all tools I use to research,Find information and update myself about different subjects

🧵🧵🧵🧵🧵🧵

Blog Subscriptions I am subscribed to for investing:

1. @borrowed_ideas
2. Non-Gaap Substack
3. The Flywheel substack
4. Read The Generalist
5. Kiran D- has a blog on word press
6. Uncommon Profits
7. Used to read stalwart but they reduced the posting
8. @rohitchauhan

9. @IntelsenseI
10. @SeekingAlpha
11. @themotleyfool
12. Betaoalpha Substack by @mehrotra_saket
13. @MarcellusInvest
14. @PerfectResearch

Others that I like to read

1. @TheKenWeb
2. @EconomicTimes Prime. Recently they have improved
3. @TheEconomist
4. @forbes_india

Sectoral experts/Analysts that I follow:

For Pharma- @AdityaKhemka5 , @unseenvalue & @punitbansal14 + Contract Pharma for cdmo

For Banking- @HemindraHazari , Digant Haria and Ashish Gupta from Credit Suisse (he's terrific)

For chemicals- Rohit Nagraj from Emkay Global

and chemical weekly+Chemical reports monthly from B&K securities

Broker reports that I like to read whenever I can:

1. Spark capital-hands down the best reports in the country.

2. Ambit- publish some good stuff. But rarely available

3. JM Financial- exceptional reports.

Indrazith Shantharaj
@indraziths

Breakout Screener with AMAZING UPDATE!

One-click on the link to view the charts directly from the screener!

@gocharting team helped us to get this wonderful feature!

https://t.co/3teN7Jtuyk

(Screen download link is inside the post)

#Retweet and share!

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Learner Vivek Bajaj
@vivbajaj

This is the reason I just follow my RS for #peacefultrading

#indianhotel
#PowerofRS

$The_Chartist \U0001f4c8$

The_Chartist 📈...
@charts_zone

Just one basic filter will save a lot of your money. If the price falls below 200 days MA and it is sloping down - avoid any buys till the MA flattens up & the stock forms a higher low or just wait for initial move to prove itself & buy when MA starts sloping up

Lupin

$VCP_Chartist\U0001f4c8$

VCP_Chartist📈
@vcpchartist

TREND TEMPLATE CRITERIA by the Legend @markminervini

A stock must meet all eight criteria to be deemed in a confirmed stage 2 uptrend.

1. Stock price is above both the 150-day (30-week) and the 200-day (40week) moving average price lines.

A Thread🧵

2. The 150-day moving average is above the 200-day moving average

3. The 200-day moving average line is trending up for at least 1-month (preferably 4 to 5 months or longer).

4. The 50-day (10-week moving average) is above both the 150-day and the 200-day moving averages.

5. The current stock price is at least 25 percent above its 52-week low. (Many of the best selections will be 100 percent, 300 percent, or more above their 52-week low before they emerge from a healthy consolidation period and mount a large-scale advance).

6. The current stock price is within at least 25 percent of its 52-week high
(the closer to a new high the better).

7. The relative strength (RS) ranking (as reported in Investor's Business
Daily) is no less than 70, but preferably in the 90s, which will generally be the case with the better selections.

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@Noahpinion

Met a Brazilian-American Lyft driver from San Diego who passionately attacked the racism of Republicans, then switched to passionately defending Bolsonaro.

If I were Thomas Friedman, I could tell you what this means.

Met a Haitian-American in a restaurant who said he'd always vote for Democrats because of the immigration issue, but that he has conservative beliefs too. "I don't want to pay for someone's abortion!", he declared.

Met a Latino Lyft driver from San Jose who said that while he was liberal, California was getting too liberal for him and he was considering moving to San Antonio.

Again, not being Tom Friedman, I am unable to offer any commentary on the political and policy implications of these conversations.

I guess my only thought is that political opinions are pretty complex and multidimensional, out there in the real world.

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1/People I know on the Right tend to be obsessed with the idea of "crimethink", taboos, and the (supposedly) oppressive, omnipresent enforcement of liberal cultural norms.

Why?

My new theory: A lot of it is guilt.

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But I don't think this explains all of the Right's obsession.

3/The stereotype is that people on the Right tend to be more threat-sensitive. That would help explain the perception that liberal norm-enforcers are lurking everywhere, ready to pounce and anathematize anyone who makes a misstep.

But I don't think that's all of it either.

4/And of course, it's always fun - whether you're on the Right or the Left, or playing a video game, or whatever - to style yourself as the brave iconoclastic rebel fighting against the oppressive forces of blah blah blah.

But I don't think this is all of it, either.

5/The reason I think it's more than these things is that even *in private*, people on the Right express their "crimethink" ideas very gingerly and hesitantly.

I get the sense that they're not just afraid of external censure, but have also internalized liberal norms.

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Sahil
@sahilypatel

Want to do an MBA for free ?

A thread 👇

1) Leadership: Foundations of Teamwork and Leadership

School: wharton

2) Marketing: Marketing Management

School: wharton

3) Microeconomics: Microeconomics for Managers

School:

4) Financial Theory

School:

Professor
@DillikiBiili

So friends here is the thread on the recommended pathway for new entrants in the stock market.

Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..

First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their

Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.

Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually

Dow theory is old but

Old is Gold....

this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d
— Professor (@DillikiBiili) January 23, 2020

$Anu Satheesh \U0001f1ee\U0001f1f3$

Anu Satheesh 🇮🇳...
@AnuSatheesh5

Mangottu Bhagavathi Temple
#Palakkad #Kerala
#keralatemples 🚩

Mangottu Bhagavathi Temple is situated in Athipotta near Alathur of palakkad district. Devi is kshipraprasadi here and grants relief to those who worship with full faith.
Mookken Chathen, situated on the Northern 👇

side of the temple, is guarding Devi here.
Story says that, once there lived a weaver named Kuttan who was a Devi Bhaktan. During one festival time Kuttan was so pleased by the Devi Vigraham that he requested her to come along with him. At that time wind blew heavily and Cloths

in Vigraham flew. Kuttan immediately decorated Devi with his cloth which stuck to Vigraham and returned to his village and with his Umbrella. Devi came with him in that Umbrella and stayed in his place. This place is Mangottu Bhagavathi temple now.

Amme Narayana
🙏🕉🙏