Learning to catch High Probability Breakouts
- Thread starter amitrandive
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Dear Vikas ji
i think u just forward it, read this from the news
Almost a week back, the honourable food minister Ram Vilas Paswan tweeted saying that the government proposes to impose export duty on sugar of 25 percent, so the news is just factored in moreover, it imposes 20% rather than 25%, the rally is taking a pause and will go up again due to global prices going up, again it is my view only.
thanks
i think u just forward it, read this from the news
Almost a week back, the honourable food minister Ram Vilas Paswan tweeted saying that the government proposes to impose export duty on sugar of 25 percent, so the news is just factored in moreover, it imposes 20% rather than 25%, the rally is taking a pause and will go up again due to global prices going up, again it is my view only.
thanks
Hi friends... Good evening as always
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As Vikas pointed out Brexit is a big event that may/maynot affect Global markets... When i see that charts provided ... it shows horrible days for EU banks... Its a worrying sign..
Greek bank stock price chart is horrible, even Italian bank charts are shocking....
So as an Investor ... I should put pause on my new adding stock/fund ... and i have to sit idle till june 23...
Indian market only one Big plus point is there ie " NAMO".. .....
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As Vikas pointed out Brexit is a big event that may/maynot affect Global markets... When i see that charts provided ... it shows horrible days for EU banks... Its a worrying sign..
Greek bank stock price chart is horrible, even Italian bank charts are shocking....
So as an Investor ... I should put pause on my new adding stock/fund ... and i have to sit idle till june 23...
Indian market only one Big plus point is there ie " NAMO".. .....
Every and any theory in the market can be backtested.
Only that this is not free,it comes at a price.
Just one paid site which offers any kind of backetsting
https://www.pro fitsp i.com/stock/view.aspx?v=strategies
(remove spaces)
Only that this is not free,it comes at a price.
Just one paid site which offers any kind of backetsting
https://www.pro fitsp i.com/stock/view.aspx?v=strategies
(remove spaces)
How to Read a Stock Chart in Just Five Seconds
http://www.thesimpledollar.com/how-to-read-a-stock-chart-in-just-five-seconds/
First, look at the general trend over the last six months or so. This is usually a clue as to the general health of the company – no major news, just little signs of good health or poor health. If it’s a stock you own or might be interested in, you may want to take note of a steady rise or a steady fall and find out why it’s happening.
Second, look for recent spikes. A big spike upwards or downwards means something significant has happened to the company. These are usually game changers and are definitely worth noting.
Third, see if they throw up charts for similar companies. See if the general pattern of the stock in question matches the general patterns of the competitors. If they do, then it’s probably a broad market effect or a sector effect and not quite as worrisome as something drastically different than a competitor, which you should look into.
What these three things point you towards are signs that something has changed in the company – something that might violate the reasons you own the stock. As I’ve said many times, you should only own an individual stock if you have a specific reason for doing so. You trust the CEO. They deliver a stellar product. Their product has some sort of inherent advantage over the competition. Each of those changes, which you can quickly pull out of a chart, is simply a sign that you need to investigate the stock you hold in more detail to make sure the reason you have for owning the stock is still intact.
Unless you’re investing professionally or doing it as a serious and focused hobby, there’s not much else you can really get out of a glance at a graph, so don’t let yourself get overloaded with data. Just look for the important events, the ones that would change your opinion of the company or how it does business. Leave the rest to the people who do this eighty hours a week.
http://www.thesimpledollar.com/how-to-read-a-stock-chart-in-just-five-seconds/
First, look at the general trend over the last six months or so. This is usually a clue as to the general health of the company – no major news, just little signs of good health or poor health. If it’s a stock you own or might be interested in, you may want to take note of a steady rise or a steady fall and find out why it’s happening.
Second, look for recent spikes. A big spike upwards or downwards means something significant has happened to the company. These are usually game changers and are definitely worth noting.
Third, see if they throw up charts for similar companies. See if the general pattern of the stock in question matches the general patterns of the competitors. If they do, then it’s probably a broad market effect or a sector effect and not quite as worrisome as something drastically different than a competitor, which you should look into.
What these three things point you towards are signs that something has changed in the company – something that might violate the reasons you own the stock. As I’ve said many times, you should only own an individual stock if you have a specific reason for doing so. You trust the CEO. They deliver a stellar product. Their product has some sort of inherent advantage over the competition. Each of those changes, which you can quickly pull out of a chart, is simply a sign that you need to investigate the stock you hold in more detail to make sure the reason you have for owning the stock is still intact.
Unless you’re investing professionally or doing it as a serious and focused hobby, there’s not much else you can really get out of a glance at a graph, so don’t let yourself get overloaded with data. Just look for the important events, the ones that would change your opinion of the company or how it does business. Leave the rest to the people who do this eighty hours a week.
This is absolutely true,trade with the trend and with the market on your side.
When the markets were crashing down,IndianBank Sir stayed out of the markets.
There are many people who even rush in to buy the 52 Week lows and short the 52 Week highs expecting reversals.
That depends on your trading style and risk appetite.
Personally I prefer buying on strengths and selling on weakness.
,with the trend direction.
Very simple principle ,
In strong bull markets ,long the strongest stocks of the strongest sectors.
In bear markets,short the weakest stocks of the weakest sectors.
Indian bank Sir did exactly the same by trading/investing in Sugar stocks.
Great Sir , learning a lot from you regarding investing and discipline.
:clapping::clapping::clapping:
When the markets were crashing down,IndianBank Sir stayed out of the markets.
There are many people who even rush in to buy the 52 Week lows and short the 52 Week highs expecting reversals.
That depends on your trading style and risk appetite.
Personally I prefer buying on strengths and selling on weakness.
,with the trend direction.
Very simple principle ,
In strong bull markets ,long the strongest stocks of the strongest sectors.
In bear markets,short the weakest stocks of the weakest sectors.
Indian bank Sir did exactly the same by trading/investing in Sugar stocks.
Great Sir , learning a lot from you regarding investing and discipline.
:clapping::clapping::clapping:
- Status
| Thread starter | Similar threads | Forum | Replies | Date |
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| D | Shared Learning: Swing Trading Wisdom for the Indian Market | Swing Trading | 0 | |
| N | Learning! | Beginners Guide | 18 | |
| N | Learning to trade(I'm new to this). | Beginners Guide | 0 | |
| N | Learning from zero | Beginners Guide | 11 | |
| F | Learning to Fish | Technical Analysis | 10 |
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