... I don't want every trade to be profitable through refinement ... All I want is
a "reliable" and "quick action" setup who in a longer time frame say 6 months will end me in maximum possible profit and with less tension to my little brain.
... I want refinement in stock selection.
... I want refinement in entry ... I want to add as many "specific" factors in my entry as possible to make it correct/reliable one...
... i want refinement in exit ... because
a. If I decide to exit at 25paisa/strict, major advantage I am getting is saving of time which can be utilized for searching other opportunities ... but I am sacrificing my possible profit here... So is it ok to exit at 25paisa or not is a BIg question to me
... becuase the axiom haunts my brain " ... masters go broke by cutting their profits" ... hence I am in dilemma here... Good Solution might be first I try with strict profit for say 15 days and then trailing or mental profit exit for next 15 days and compare the results
b. If I decide to exit profit with my feeling/(trailing stop loss) about price movement as explained above.
1. I accept totally what you say about
reducing risk ... This is one major factor ...1000% true.
2. The second factor is
increase reward/profit possibility in shortest possible time span,,, So thats why I am asking for a
neat list for highly volatile stocks.
3. Another thing is
volume, It will e
nsure quick action and reliability of traders presence/interest(buyers or sellers) at given market price ...
...So this way I want a
neat-list of highly volatile stocks with high volume(interest) which will syat make day trading
reliable & with
maximum possible profit & minimum tension
... So I am curious that
do you and/or prasadam agree with this?
