Learning to catch High Probability Breakouts

Status
Not open for further replies.

anilnegi

Well-Known Member
Doji needs confirmation candle next day . Stocks in uptrend, like Britannia, have several dojis on weekly charts. But stock keeps in advancing higher.
Doji is not a trend reversal candle alone its also a trend continuation like inside bar which can be useful to those who left to buy
 

Raghuveer

Well-Known Member
FYI
Daily Chart of Castex

A truly nightmarish chart. I guess this chart explains why to avoid manipulated stocks. One of the single most educative charts on why not to select some stocks I have seen. Thanks for posting it.
 

Rish

Well-Known Member
A truly nightmarish chart. I guess this chart explains why to avoid manipulated stocks. One of the single most educative charts on why not to select some stocks I have seen. Thanks for posting it.
This stock has broken out at 132.40 level...based on weekly candle...

Now again it is going test the same level next week...

Reverse from here or breakdown straight to 84 level...

Let us see...
 

indianbank

Well-Known Member
Big market wizards say..... we should not invest more than 10% our capital in single stock...
in my case i have divided my capital to 50+ stocks...
Single stock my investment is just 2% of my capital..... (in extreme condition castextech value becomes zero then i will be losing 2% of my capital... that much risk is ok for me)........

i will be more happiest person if castextech becomes zero and i lose just 2% of my capital.... Operators are smart but not smart enough to take all my capital... so its a win for me...
 

amitrandive

Well-Known Member
ha ha ... dont affraid ...
What makes you scary? :annoyed:
For me its a beautiful chart....
Big market wizards say..... we should not invest more than 10% our capital in single stock...
in my case i have divided my capital to 50+ stocks...
Single stock my investment is just 2% of my capital..... (in extreme condition castextech value becomes zero then i will be losing 2% of my capital... that much risk is ok for me)........

i will be more happiest person if castextech becomes zero and i lose just 2% of my capital.... Operators are smart but not smart enough to take all my capital... so its a win for me...
A Kind Request

Please do not advocate such manipulated stocks or such strategies.
Any newbie entering the market may get a false impression about Money management and risk management.

There is nothing spectacular about a stock reaching zero.Just think of the investors who are loosing heavily.

Market is not about inflating one's ego.We can never expect to win against the market.We have to respect the market and go along with it.

“The market can stay irrational longer than you can stay solvent.”-John Maynard Keynes.
 

amitrandive

Well-Known Member
ha ha ... dont affraid ...
What makes you scary? :annoyed:
For me its a beautiful chart....
Highly illogical statement.
Indicates state of denial.

If this is a beautiful chart then what is a bad chart ?????:mad:
Kindly resist the urges to post ego inflated statements.

We are here to learn trading and make money and not to show anyone how smart we are.:mad:

There is no glory in being right and loosing money.Better save money by admitting that we can be wrong at times.
 

indianbank

Well-Known Member
If this is a beautiful chart then what is a bad chart ?????:mad:
Kindly resist the urges to post ego inflated statements.


There is no glory in being right and loosing money.Better save money by admitting that we can be wrong at times.
Amit sir, i have entered position in Amtekauto/castextech @ 152 level... after that it went to 380 level... i have not sold it.. it may/may not be a good move...
stock has more than doubled because of so called operators.... when price has gone this much we should give credit to operators...
Those who made money by selling at higher price may thank operators... those who got trapped may say bad about operators... Operators are part of this game and they are not enemies ... we have to adjust with all this problems...
Rama linga rajus are every where.. how you will deal with such people? i am inviting a healthy discussion..
 

amitrandive

Well-Known Member
Amit sir, i have entered position in Amtekauto/castextech @ 152 level... after that it went to 380 level... i have not sold it.. it may/may not be a good move...
stock has more than doubled because of so called operators.... when price has gone this much we should give credit to operators...
Those who made money by selling at higher price may thank operators... those who got trapped may say bad about operators... Operators are part of this game and they are not enemies ... we have to adjust with all this problems...
Rama linga rajus are every where.. how you will deal with such people? i am inviting a healthy discussion..
We are not discussing operators in this thread.
All we are discussing is trading setups.

Many things in the market are out of our hands,so better not discuss about it.
If you have any mechanism to deal with it kindly enlighten all of us.


No point in discussion.If you think investing in crappy stocks is showing bravery and fighting operators then so be it.
There is no point in trying to tell people not to be afraid of such stocks.

For me "Discretion is always better than valor".
Better be safe than sorry is my principle.

Market strength pulls up any XYZ stock , the true test of any stock is a bear market.



 
Last edited:
Status
Not open for further replies.

Similar threads