Jab BreakOut hoga toh BNF 100point/min ki speed se bhagega.Joh trade le lega wo bhi royega(due to slippage) joh trade nahi le payega wo bhi royega(missed trade).
Much less compared to what I used to do earlier......the idea is to make money...whether we make in day trading or swing trading, index or stocks is immaterial.
I have found that even if index is sideways and range bound, certain stocks trend very well. And when index trends these stocks trend much more strongly.
Bata was on my watch list from last 2 months, it is in long term uptrend and I am holding it in my delivery folio too. Today after 2-3 days in corrective sideways consolidation move it broke out...and it would give a buy on any good system.IDF or any other system would catch it....
I have been continuously posting about my favourite stocks here. Bajaj Finance,Maruti,HDFC Bank,DMart,Bata,HPCL,Motilal Oswal....etc
Keep an eye on stocks in uptrend.....then they take a pause and go sideways in consolidation...and they again breakout..that is the patterm to observe and catch. Simple stuff...