Learning to catch High Probability Breakouts

[Rish]

Wockpharma interesting formation.....

Breakout or Breakdown....let us see...

All levels are for information purpose and not a trading call...

 

[indianbank]

Hi friends good morning
---------------------------
Mid caps are rocking ....

Yesterday my portfolio was in Red by -2100 rs
Today its Green by +1200 rs

Pricol is the stock which is out performing today because of good results...

 

[Rish]

Hi friends good morning
---------------------------
Mid caps are rocking ....

Yesterday my portfolio was in Red by -2100 rs
Today its Green by +1200 rs

Pricol is the stock which is out performing today because of good results...

:thumb::thumb::thumb::thumb:

 

[anilnegi]

Hi friends good morning
---------------------------
Mid caps are rocking ....

Yesterday my portfolio was in Red by -2100 rs
Today its Green by +1200 rs

Pricol is the stock which is out performing today because of good results...

Indianbank

inspite of taking so many breakout stock, r u still struggling to make profit, or i am missing something

 

[indianbank]

Indianbank

inspite of taking so many breakout stock, r u still struggling to make profit, or i am missing something

MY over all yearly performance is very good

July first week i have started new portfolio with new stocks... its 34 days old now.. its performance is not up to the mark

Quarterly Result of some of my stocks are bad... and they hit hard on my profits......
Again my portfolio is still live... so we cant judge prematurely ... sometime when others make huge loss, my portfolio used to make huge profits...
Only thing in my control is position sizing and Risk... My portfoio risk is 3000--3500rs on 5 lakh capital....
I hope for good... lets see

 

[Sunnyraj]

@Rish - I assume you trade on daily charts. So do you have a pre-defined list of stocks like 20-30 of them, and trade them, or scan daily for stocks...that are likely to give breakouts or trend reversals...

 

[anilnegi]

MY over all yearly performance is very good

July first week i have started new portfolio with new stocks... its 34 days old now.. its performance is not up to the mark

Quarterly Result of some of my stocks are bad... and they hit hard on my profits......
Again my portfolio is still live... so we cant judge prematurely ... sometime when others make huge loss, my portfolio used to make huge profits...
Only thing in my control is position sizing and Risk... My portfoio risk is 3000--3500rs on 5 lakh capital....
I hope for good... lets see

3500 rs on 5 lac capital it looks very aggressive sl tactics

 

[Rish]

@Rish - I assume you trade on daily charts. So do you have a pre-defined list of stocks like 20-30 of them, and trade them, or scan daily for stocks...that are likely to give breakouts or trend reversals...

I am not particular about stocks....

Normally...I keep list and pre-defined numbers for short/long Trade...

When..it reacts to my level (Breakdown/Breakout)...I will try to en cash...

Example.....Nifty Breakout in April....I always try to buy on any dip...

In my watch list......LT....(waiting for Breakdown)....

Needs homework...Dedication....fetches good money...

 

[amitrandive]

Do you just fire up your computer, start your trading software and dive into the charts? Just like a plane pilot doesn’t just ask his co-pilot after the take-off where they are heading, a trader needs to have a detailed trading plan for the upcoming trading session.

 

[vagar11]

MY over all yearly performance is very good

July first week i have started new portfolio with new stocks... its 34 days old now.. its performance is not up to the mark

Quarterly Result of some of my stocks are bad... and they hit hard on my profits......
Again my portfolio is still live... so we cant judge prematurely ... sometime when others make huge loss, my portfolio used to make huge profits...
Only thing in my control is position sizing and Risk... My portfoio risk is 3000--3500rs on 5 lakh capital....
I hope for good... lets see

In %terms how much returns did you made in a year by following breakout strategy?