80 on priority.

I do use Mark Minervini template for screening but it's a little basic, so I added Volatility & Volume filters to it to shorten the watchlist.

More from Ravi Sharma

#MASTEK is setting up for an up move.

🎯Setting up good near Line of Least Resistance.
🎯Qty Earnings & Sales have been growing since last year.
🎯Healthy growth in annual EPS, Sales & Operating Profit.
🎯Low Debt to Equity.
🎯ROE: 24%
🎯Excellent CANLSIM ratings.

Tracking it!

Ravi Sharma
@StocksNerd

These are long term Moving Averages, which in my view are irrelevant for short term positional trades.

For my trading strategy, 13-day & 22-day EMAs are more suitable.

If SmallCap dips below these MAs & they get into the bearish sync, I get cautious & reduce my position size.

Sir as you follow the smallcap index,do you take full positions when it\u2019s trading below its key moving averages or wait for some confirmation? pic.twitter.com/ph6HTJ9rbD
— Dhanesh Gianani (@dhanesh500) November 30, 2021

Ravi Sharma
@StocksNerd

I use 4 scanners:

1) Volatility, Volume & daily range compression scanner
2) Punch-Drunk-Love
3) GE Ratio - to track fundamentally strong stocks
4) Recently created one to track Power Play setups.

I get around 150-200 stocks daily & choose the ones with the most potential.

Sir, How do u find a set up - Do you track chart of each stock daily ? Or do u have filters , that lead you to a number of stocks , after which you scan them.
— AKASH GUPTA (@lockdownmurti) August 25, 2021

Ravi Sharma
@StocksNerd

Focusing on the stocks that are holding well with contraction in daily range, volatility & Volume.

#GOLDIAM
#JSWSTEEL
#DYNAMATECH
#OIL

Ravi Sharma
@StocksNerd

Weekend Study-

Some good CANSLIM stocks that are setting well with significant compression in volatility & volume.

More from Screeners

Learner Vivek Bajaj
@vivbajaj

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

#indianhotel
#PowerofRS

Professor
@DillikiBiili

Some ofthe biggest breakouts occur after Volatility Contraction, the analogy is that more a spring is pressed, higher it jumps whenever it gets released.

There is a VCP Scanner on chartink (Not mine). This may also be used to find potential Breakouts.

$VCP_Chartist\U0001f4c8$

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.

Nikita Poojary
@niki_poojary

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

ScorpioManoj
@scorpiomanojFRM

#FREETIP For new followers
A pivot based intraday trading setup for any markets.

#FreeTip An intraday pivot trading system rule snapshot for long and short and when not to take the long and short.
Handwritten rule. pic.twitter.com/4ijEy7GHgJ
— ScorpioManoj (@scorpiomanojFRM) April 4, 2022