Learning to catch High Probability Breakouts

[Rish]

IOC nicely validated 501 and next major levels are 507.20 and 521.40.....Maximum Final Top 562.800

All above levels are for knowledge purpose and not a trading call...

IOC finally reached 562.80 and closed above...nice breakout....

The above level is for knowledge purpose....

 

[indianbank]

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

From stock market my overall return on capital Yoy is aprox 30--35% ....:thumb:

And i have seen some co traders of this forum claming of making huge profits , like doubling money in weeks/months...

compared to it mine is small profit... but i am happy..

 

[vikas2131]

From stock market my overall return on capital Yoy is aprox 30--35% ....:thumb:

And i have seen some co traders of this forum claming of making huge profits , like doubling money in weeks/months...

compared to it mine is small profit... but i am happy..

ALL big trader earns in the same range as you are doing...stick with it..

 

[Rish]

From stock market my overall return on capital Yoy is aprox 30--35% ....:thumb:

And i have seen some co traders of this forum claming of making huge profits , like doubling money in weeks/months...

compared to it mine is small profit... but i am happy..

Consistency and "Retaining the profit" is more important than doubling / tripling..

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

 

[vijkris]

From stock market my overall return on capital Yoy is aprox 30--35% ....:thumb:

And i have seen some co traders of this forum claming of making huge profits , like doubling money in weeks/months...

compared to it mine is small profit... but i am happy..

hi, i am askin seriously,
can u pls tell who are those great fellows who doubled money in months. ?

 

[nac]

hi, i am askin seriously,
can u pls tell who are those great fellows who doubled money in months. ?

I am not active for some years now. As far as I remember, Linkon have done it.

I think Stock72? have done, though I don't remember he mentioned that anywhere, if he did, I don't remember reading it. Going by the graph he posted, I would sure expect he doubled/quadrupled/quintupled...

 

[sam_u6]

IOC finally reached 562.80 and closed above...nice breakout....

The above level is for knowledge purpose....

dear rish,
is it possible to get ur afl presented in this chart

 

[Sunnyraj]

BHARATFORGE ~ DAILY

Seems ready to give good move...need to wait for confirmation of breakout .... Keep your eyes
Good R:R also

Good pick! Big Bullish candle formed with huge volumes...let's see what is does ahead..

Btw, if your are trading on Daily chart, do you wait for the day to end and use the dip to enter, or buy the breakout ?

 

[Rish]

Good pick! Big Bullish candle formed with huge volumes...let's see what is does ahead..

Btw, if your are trading on Daily chart, do you wait for the day to end and use the dip to enter, or buy the breakout ?

Nice.....

Bharat Forge Chart for Knowledge Purpose....

 

[Rish]

DR Reddy...again validated Crucial Level 2922...and holding....

Next week...we can watch and catch good movements in DR Reddy...

And dip...my preference will be keeping 2923 s/l and initiate long for swing trades.....

Stop Loss is most most most important....

This is my trading plan and observation and not a tips to anyone....