BC SCREENERS
Saved by @SAnngeri

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 implications.

https://t.co/MGKzygn1YW
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 moves.

https://t.co/72M2DCPJHZ
Dow theory is old but gold...

https://t.co/uqJRvfkxb5
How Wyckoff theory can help in stock market

https://t.co/wWlpBplAYX
With the basics, out of the way we'll now see some basics of Technical Analysis.

First concepts to be learned are finding support and resistance on charts or price levels.

https://t.co/Q5njGt26zv
The support and resistance (S&R) are specific price points on a chart expected to attract the maximum amount of either buying or selling, hence they are very important levels on chart.

For breakouts, they are very very important !

https://t.co/kHK064D5z1
Time for a video on basics of Technical Analysis. If you need only one, this is it.

https://t.co/0qUaenJmAF
Trendlines are also important. Just one important point, horizontal trend lines are more effective than sloping trendlines, because a breakout from horizonal levels is high probability breakout as compared to a breakout from sloping trendline.

https://t.co/rWVkIEAphx
When we know how to draw trendlines and Support & Resitance (They are also trendlines only) we can move to Chart patterns that are formed by combining trendlines and few more inputs.

Here are most important ones.

https://t.co/KIITvSWsj0
I would complete the Technical Analysis part with this gift from @nooreshtech Sir who is an accomplished Technical Analyst.

This is his workbook on Technical Analysis https://t.co/2GrnycldWf

No need to buy expensive books on Technical Analysis.
Now we'll see indicators, they are of 4 types:

Trend indicators : For direction and strength

Momentum indicators : For the speed of price movement

Volatility Indicators : For measuring fluctuations

Volume Indicators : For measuring strength of trend based on volume traded
Indicators introduction : A picture is worth thousand words
Some important indicators:

https://t.co/Y4RShkuBFO
A very important tool is Bollinger Band. This incorporates moving average and statistics and can produce wonderful results in the hands of a deft person.

Thanks @bbands for this excellent tool.

https://t.co/W0UatdqXRw
Often there is a tendency of overloading the chart with too many indicators ! Keep them to bare minimum. Remove one by one till you can’t remove any further.
Another important point worth highlighting is combination of wrong indicators. If somebody uses RSI, MACD and Stochastic then what he/she will see is same view across all the indicators giving a false sense of confirmation by all 3 indicators. They belong to the same category.
So combine a trend indicator with momentum indicator and you are all set. Find your own combination.

An indicator cheat sheet is here
After having fun with all the girlfriends/boyfriends there comes a time when everybody has to settle. Similarly after experimenting with all the indicators there comes a time when the trader decides that Price Action is best and instead of all these indicators i must focus on PA
All the indicators/oscillators are based on either price or volume or a combination of both.

So once a person sees this light, he shifts to another gear increasingly trades on price Action, only occasionally taking support of indicators.

https://t.co/TSZXAMe196
Those who want to do a deep dive in price Action, may read these books.

Caution : These are only for advance readers.
Now coming to my Bread & Butter : Breakout Trading.

Accumulation, Distribution and Breakouts are regular feature in markets. One or the other is always happening in some stocks.

In Roaring Bull markets, Breakouts increase as now a days we are seeing daily.
Breakouts often happen after long consolidations. Longer the consolidation, stronger the breakout.

And the breakout may be in upside or downside both. If it happens after accumulation, it will be a bullish breakout and after distribution, it'll be bearish breakout.
And Breakouts are not only for trading, they make solid base for investing. If a fundamental investor enters a stock on breakout than it may give many successive breakouts and can reach stratospheric levels.

I simple love breakouts.

https://t.co/2rCmYFK1Yr
Legends on Breakouts
Opening range Breakout is a very popular strategy and it can be used in Stocks as well as Indices.

Wait for first 45 minutes, let the market settle and an opening range get formed. Now if any candle opens above or below this range, take trade in the direction of breakout.

More from Professor

Professor
Professor
@DillikiBiili
Lo Seekho !

Go through these OI basics and then train your eyes to catch these patterns in live market.

Give it time, OI analysis comes through keen observation only. No books/videos for this. https://t.co/wTr49nqGCg
OPTIONCHAIN
Professor
Professor
@DillikiBiili
Asian Paints took a bounce exactly from the level given on 21st October.

It has string resistance at 3200, so fresh up-move will be confirmed only when it opens above 3220-3230 levels

#ASIANPAINT
#DKBPositional https://t.co/Q6fTbK5VHM
ASIANPAINTS
Advertisement
Professor
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.
SCREENERS , TA SCREENERS
Professor
Professor
@DillikiBiili
Forgot to mention one point. How to trail profits in Breakout trades.

One of the best way that I know is ATR based trailing.

Here is an example https://t.co/BTATx5fyW6
STOPLOSS
Professor
Professor
@DillikiBiili
For finding potential breakout candidates, you may run this scanner daily EOD, whenever any new candidate props up, check its chart for signs of breakout.

You may modify & fine tune this as per your own criteria like adding RSI or ADX or other indicators. https://t.co/FdiPG1c4s0
SCREENERS

More from Screeners

DTBhat
DTBhat
@dtbhat
The thread explains my momentum scanner and how to build it in #TradePoint software.
@Definedge
Conditions :
1)EMA 8 above EMA 34 and rising
2)Candle close above previous 5 candle high
3) RSI above 60
4) Volume above previous 5 candles
5) ADX above 30
1/n

Select Double Moving Average 8 and 34
2/n


Under Patterns select Close Above Prev Bars
3/n


Qualify the candle close
4/n


RSI above 60
5/n
SCREENERS , SCREENER
Indrazith Shantharaj
Indrazith Shantharaj
@indraziths
Getting many questions related to Breakout Trading.

Hence thought to share all the info in one place:

Breakout Trading Book - https://t.co/iLkePBPA2x

Breakout Trading Screener - https://t.co/3teN7Jtuyk

Steps to use the screener -
SCREENERS
Advertisement
Ashutosh Shah
Ashutosh Shah
@onlyequities
Hi folks,

I am sharing my breadth Indicator which I use for market timing.

Sharing it for free to do my part for the community.
If you think it's helpful please retweet/share it with people who you think might benefit from it.

updated weekly on:

Click on that little toggle to enable dark mode :)
SCREENERS
Tushar Bohra
Tushar Bohra
@tusharbohra
This is in response to the question by @unseenvalue

If I had to buy 1 stock today, anywhere in the world, no avg. up or down, 5 year holding period (I will make that as 10 year for thesis to play out)

Since I track mainly Indian equities, restricting the choice to this space

Few points to look for
1. Strong macro tailwind rather than headwind, huge growth runway for company/segment. It can't be in a niche space & demand must not be easily substitutable
2. Strong Biz Model, high growth curve (15%+ over the period), strong ROE profile (hurdle rate 20%)

3. Low or no leverage, efficient capital allocation, (read minimal or zero fresh dilution requirements), strong cash flows and correspondingly high dividend payout ratios (consistent dividend history) and finally strong moat and with limited regulatory involvement / no reg issues

4. Promoter quality and intention must be beyond reproach, proven management with skin in the game
5. Capability to manage disruption, and if possible to even profit from it. If you can't be disrupted easily, you will eventually adapt your game to gain scale

6. There must be a possibility of non-linear growth if the scale-up hypothesis gets proven right. It's like an FD with low fixed return plus significant upside optionality. Multiple revenue streams / margin levers / IP that can provide non linearity in growth
SCREENERS , ALL
Value Educator
Value Educator
@ValueEducator
Initially we had planned 3 part series on Pharma Sector but now we are adding one more part and making it 4 part series.

Part 1 : Introduction to pharma industry
Link : https://t.co/XZvGKjxo0C

Part 2: Drug discovery process with CRAMS, CDMO, CMO, CSM

Link : https://t.co/MPQm0OXUbL

Part 3 : Generic Drugs (ANDA)
Coming this Saturday at 11 AM

Part 4: Bio-similars

Like & Retweet to support us in the journey to educate investors !!
SCREENERS

You May Also Like

Jeannette Ng \u5433\u5fd7\u9e97
Jeannette Ng 吳志麗...
@jeannette_ng
So, you’re a writer and you’re worried about writing outside your immediate experiences and identities.

Here is the thread of practical advice for you.

EXAMINE YOUR MOTIVES. Why do you want to write this?

Are you trying to solve racism/sexism/colonialism with your work?

As writers we love stories about heroic writers whose work has changed the world. And as such we like to look to our own writing to solve societal problems.

And I understand this completely, not the least because I’ve felt the pull.

But if you’re looking to play saviour with your words, it is unlikely that you will do the marginalised people you are trying to save justice.

And I understand this very often comes from place of good intentions, but there is a reason that most of the moralising plays written by white abolitionists are deeply uncomfortable to read.

It is incredibly easy for works looking to play saviour to become patronising or traffic in simplistic stereotypes that ultimately hurt the people they are looking to rescue.
WRITING
Lakshminarayan G
Lakshminarayan G
@narayanagl
The Chanting of following names of Bhagwan Vishnu, immensely helps us in overcoming the obstacles in our daily life.
These names are from Sri Vishnu Sahasranama!
|. "Om Vashatkaaraaya Namaha" : For Success in Business.
||. "Om Aksharaaya Namaha" : For Success in Studies.


|||. "Om Bhuthabhavanaya Namaha" : For Good Health.
|V. "Om Paramaathmane Namaha" : For Self Confidence.

Src: VAK magazine from Chilkur Balaji Temple, Hyderabad - Sri @csranga
#SanatanaDharma #SanatanaSanskriti #Sattology

One needs to chant the following slokas 28 times to get rid of certain problems in life.
Om Hrushikesaya Namah - For Overcoming Bad habits
Om Vashatkaaraya Namah - For Success in Business, Interviews, visa interviews, building relationships


Om Srimate Namah - For Handsome appearance & wealth
Om Aksharaya Namah - For Education & better financial strength
Om Paramatmane Namah - For self employed people, for promotions and success in games.
Om Putatmane Namah - To remove mental stress & for mental peace


Om Sarmane Namah - For Job Satisfaction
Om Bhutadaye Namah -To amend soured friendship or any personal relationship
Om Dhatre Namah - For issueless couple
Om vidhatre Namah - Pregnant Ladies to Chant for healthy babies.
Chant the following 108 times :
ALL
Advertisement
Max Fagin
Max Fagin
@MaxFagin
November is here, and that means a massive shift is coming. And by "massive" I am of course referring to the redefinition of the kilogram unit of mass that the world has been building up to for more than 100 years. Let me explain:


1/ I've had an unhealthy fascination with metrology (the study of measurement) ever since my 2nd year as a physics major when I took a class devoted to duplicating historic physics experiments, so please indulge me for going into heavy detail (get it?) about the kilogram.

2/ So what actually *defines* a unit of measurement? If you're American, you probably know a mile is 5280 feet and a foot is 12 inches and an inch is 2.54 centimeters etc. But where does this chain of definitions end? Is it turtles all the way down?

3/ It's actually not! For all units (even the imperial units used in America) the answers all end with the Système International (SI) unit definitions established and maintained for over 100 years by the Bureau International des Poids et Mesures (BIMP) in France.

4/ At the base of this tower are the SI base units. Just 7 SI base units define every other unit in existence. They are:

Kilogram, kg (mass)
Meter, m (distance)
Second, s (time)
Kelvin, K (temp)
Ampere, A (electric current)
Candela, cd (luminous intensity)
Mole, mol (quantity)
SCIENCE
Quinn Cummings
Quinn Cummings
@quinncy
Gather round, Gentle Readers. It is time I tell the story of the worst decision I ever made in an office. Some of you have heard this. Some have not. Whatever you do in your office today, this week, the rest of this year, you can console yourself by recalling this tale.

A long time ago, I was a talent agent. I worked for a woman named Susan Smith, who had her own small boutique agency. She was known for three things:

1. She had fantastic taste in clients. If there is someone you admire, odds are good that at some point, she was their agent,

2. She could negotiate a deal like few who have ever trod the earth. Casting would give her all the money they had budgeted for that part, plus a little more, plus promising to get her dog Barnaby groomed. She was magnificent to watch.

3. She was insane.

I'm sure you're thinking, "Quinn, it's the entertainment industry, they are all insane." Yes, many are. So consider this; if you told someone you worked for Susan, people who worked for insane people would look and you and whisper, "I hear she's insane."
LIFE
Elon Musk\u2019s Meme \U0001f171\ufe0fot
Elon Musk’s Meme 🅱️ot...
@theMemesBot
Thats a gg, Satan
FUN