5 Steps to Maximize swing trading profits
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Follow these steps for max money
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A thread β
Follow these steps for max money
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1) Buy on in uptrend - But How to identify uptrend ?
Use the slope of 10week EMA for identifying uptrend . When trend picks up the 10 W EMA will start moving upwards.
At time of buying if you see it moving below the prices & upward sloping. You got it right. Ex below
Use the slope of 10week EMA for identifying uptrend . When trend picks up the 10 W EMA will start moving upwards.
At time of buying if you see it moving below the prices & upward sloping. You got it right. Ex below
2) Uptrending Sector - 50% Money is made by just being in right sector.
So to be in best stocks, be in right sector.
Example below one is banking sector from corona crash & other is in IT.
The 3rd Chart is current chart of Nifty Auto which seems like breaking out
So to be in best stocks, be in right sector.
Example below one is banking sector from corona crash & other is in IT.
The 3rd Chart is current chart of Nifty Auto which seems like breaking out
3) Buy near 10w MA for best low risk entry point - In strong trends, the stock takes support from 10 W EMA & hence a low risk entry point. Example below
4) Waiting for proper Entry point - A proper pivot point is after volatility has contracted called as VCP - Watch this full video for details on this -
youtube.com
youtube.com
5) Position Size - As stocks move up - at further VCP or at pullback to 10W EMA allocation to be increased to take maximum out of stock.
A good allocation is what shapes PnL & not just stock. Cut losers fast & ride winners big is the mantra. Example. Thanks for reading
A good allocation is what shapes PnL & not just stock. Cut losers fast & ride winners big is the mantra. Example. Thanks for reading
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Android
play.google.com
For iOs apple users:
apps.apple.com
FOR ios - Download "My Institute" App and enter org code: dxhsg
This is one of the basic way of analysing trend - Explore the most simple strategy that makes money . Learn & earn together in Champion membership dxhsg.courses.store
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