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
An example of ATR based TSL.
— Professor (@DillikiBiili) April 9, 2021
SL for coming candle is Low of the just completed candle - ATR of previous candle. Chart is self explanatory. https://t.co/D95iv4t5j6 pic.twitter.com/e8BkO2j5rn
More from Professor
Have no intention to enjoy the misery of fellow market participants but 'Maine Bola Tha' !
#ProfGyan - If a freak low gets made some day, Stocks/Indices always try to visit it at least once (seekh lo, mere mentorship course ka launch kuch pukka nahi hai) https://t.co/3B6e2nMx0y
Two prophecies about IRCTC:
— Professor (@DillikiBiili) May 1, 2022
1. It would touch 640 someday
2. It would get expelled from F&O https://t.co/qJ04hG0qFH pic.twitter.com/TPUBSQFW1y
One Chadarmod on timeline posted that I’m giving gyan without having experience or expertise.
So I’ll begin with paying my portfolio performance tribute to these charlies.
https://t.co/GNM5SsNFNo
Sadda Haqq ! Aithe Rakhh......... pic.twitter.com/IH5q3v2gw9
— Professor (@DillikiBiili) October 5, 2021
Fundamentals based investing can generate serious wealth as the most famous (rather infamous) Warren Buffett has shown.
In India also we have many success stories like @VijayKedia1 @Raamdeo R K Damani Rakesh Jhunjhunwala Late Chandrakant Sampat and many many more....
Though I can't stop mentioning that both Rakesh Jhunjhunwala and R K Damani were traders in their initial days.
Rakesh Jhunjhunwala still trades, he once said Traing is fun, its le fatafat, de fatafat
A lot of people (specially the beginners) buy stocks based on some friend's recommendation : XYZ le le, pukka chalega, maine bhi le rakha hai.
Few might have made money this way, but most do not. Why ?
There has to be a process.
Fundamentals based investing need thorough analysis of the Business & Company.
Here is a preliminary checklist by the legendary investor Peter lynch
1. Darvas Box System
2. ATR based trailing
3. PSAR based trailing
4. EMA Crossover based trailing
Okay sir but dusre konse method se exit ya profit book kar sakte hai sir sry apako bohot pareshan kar raha hu but sry sir
— learner \u2600\ufe0f\u2600\ufe0f (@darvaxfan1845) March 12, 2022
More from Stoploss
Read and follow this.. he has aptly explained about various methods to trail.
2. TRAILING METHODS-
— Trader knight (@Traderknight007) December 24, 2020
1. SWING POINT METHOD-
In this method we use the swing points or the HH- HL OR LH-LL points for placing sl,
In this method we trail our sl when the stock make a Higher low after our entry and keep Trailing the sl till it hits. pic.twitter.com/CqzCkLdWmC
This is the reason for retailers stoploss. Check it out \U0001f447 https://t.co/fnHPgzCCVn pic.twitter.com/njvqgM9PI3
— Learn to Trade (@learntotrade365) July 28, 2021
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