For Shorting like my Dixon short trade -Find stocks that have negative monthly price cycle & turning into EMA 10/20 on weekly
From there you can get low risk entry point & good R:R
Just need 1-2 good short trade for a 3% monthly gain. Extreme patience to wait for best time
More from EquiAlpha -MidTerm Momentum🐎🐎
This knowledge can change your PnL by huge as you know when to enter big & when to be careful & start booking profit
If we see last 4 bull run all went on avg 14 month after the Breakout (1/2) https://t.co/bsILTbAAwx
A backtesting of trends on monthly says - Good trends last 10-12 months on average after that they retest 20 EMA on monthly and sets up larger base
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) June 8, 2022
You can use this to measure trends.. 3 examples for reference
1) FSl
2) Deepak NItrite
3) Balaji amines
4) Indiamart
(1/2) pic.twitter.com/FxUZmjPGNL
Don't know how many will get this as this is advance thing to get..Knowing this sets you objective before hand. Example if you are already in 11 th month of bull run you know you have to trail the trend a bit tight & if month 3 you know loads of money are waiting
Amazing
Something is happening really too bad and worst is yet to come for entire market !!
HDFC bank Monthly Chart :
— EquiAlpha -MidTerm Momentum\U0001f40e\U0001f40e (@equialpha) March 7, 2022
In last 20 years - Only 2 times the stock has gone below 21 month EMA as market. This seems the third time (Monthly close will confirm )
Don't know but something seems off !!
Lets check again on month end pic.twitter.com/9eeVfikdnU
Please note Screener will help you to reach momentum but you need to see chart & further segregate trends manually (1/n)
Do retweet & like so that it reaches maximum people
Screener 1) +ve ADX DMI Breakout to find out where the action is going on a particular day, you can then look onto stocks and find setups and patterns to trade.
Link - https://t.co/fIKlWSloNw
(1/4)
Screener 2) Going one level more deep into ADX where we find up stocks which are already in trend on weekly
1) Weekly ADX >25 indicating the trend is already there
2) +DMI breaking out
3) Stock within 15% of 52w high
4) Stock above 200 SMA
Link-
Screener 3) This is based out of within 20% of ATH Stocks. I have also added few fundamentals to it. You can change variables according to it
Link -
Screener 4) RSI which is a momentum indicator
RSI breaking out can give you names where momentum is picking up and then you can look onto charts for buy points
Link -
More from Screeners
A thread on some features that will help you trade and invest better😀👇
With Nudges, our aim is to help users avoid mistakes at the point of decision-making. We’ll nudge you when you’re about to make a mistake like buy dubious stocks, trade illiquid scrips, stocks with corporate actions etc. Here are a few Nudges that have helped users the most👇
With GTT, you can place long-standing orders. You can place a target and a stop loss for the stocks you buy so that you don’t have to track the prices every day. The orders will remain active until triggered*🏖
If you trade large quantities of scrips with freeze quantity, for example, you'll have to open the order window each time. With sticky order window, the order form remains open even after you place an order so that you can quickly place multiple
Normally after you place an order, the order window closes. With the Sticky order window, the order window remains open, making it easy to place multiple orders with the same input with just one click\u26a1rather than doing it all over again. This helps overcome qty freeze limits. pic.twitter.com/65kXY4h9f0
— Zerodha (@zerodhaonline) November 15, 2021
With the Positions Analysis tool by @BeSensibull, you can see Max loss, Max profit, Breakeven probability of profit, Greeks, IVs and much more right on Kite.
You can also change the price and expiry to see how much you'll gain or lose.
For new followers ...
If u r a pivot based intraday trader, u should have this cheat sheet. Follow this and C. Your wrong trades will reduce considerably. Good luck.
#FREETIPS
— ScorpioManoj (@scorpiomanojFRM) April 1, 2022
Pivot Rules snapshot
A free one page cheat sheet for pivot based trading that could probably be sold for a hefty price ....
Rem: This is just a broad set of rules. There are many advance rules more than this. pic.twitter.com/FnzmGGKx0P
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Paper 2:https://t.co/9LSJTNCn3l
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https://t.co/CYtqYorhzH
Archived: https://t.co/ncz5ruwE2W
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Beautifully read: why bookselfies are all over Instagram https://t.co/pBQA3JY0xm
— Guardian Books (@GuardianBooks) October 30, 2018
THEY DO READ THEM, YOU JUDGY, RACOON-PICKED TRASH BIN
If you come for Bookstagram, i will fight you.
In appreciation, here are some of my favourite bookstagrams of my books: (photos by lit_nerd37, mybookacademy, bookswrotemystory, and scorpio_books)