Discover and read the best of Twitter Threads about #FIEMIND

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“Last Diwali to this Diwali: Summary of Momentum Investments/ Trades taken (#MostlyMomentum)!!”:

Introduction of my journey so far:
I started my #StockMarket journey Jul- 2016:

•During 2016-17, as a typical new investor, started with TV Tips, and IPOs,
this (IPOs) helped in a way, best #DMART has still been the best of IPOs I applied for, got allotment, and kept for couple of months and captured fastest 282% of my #StockMarket journey.

• During 2017-18, decided not to go after TV Tips,
and started doing something on my own including a little Option “BUYING” 12, lost some funds in Option Buying, but gained a lot of experience regarding not to so something you don’t know. Alongside this, also started exploring cash market strategies of buying what is going up and
Read 25 tweets
Sharing a new concept of #RTG, a pattern which I take as a very powerful sign on charts. This is basically Red to Green transformation, #RTG - a term coined by me. Lets see it on charts. I had traded this last year in #GujaratGas, sharing that chart as well. ImageImage
There is no rocket science behind #RTG, it is quite simple. In candlestick reversal patterns, the most important thing is how deep the candle retrace. Like between Thrust, Piercing & Engulfing, the basic difference is nothing but the depth of retracement. The thrust 2/n
being the weakest one, retracing less than half of previous opposite color bar. Piercing retraces more than half, while engulfing retraces beyond the complete opposite color bar. Take the same concept- in this the candle retraces beyond the opposite color candle by the gap 3/n
Read 10 tweets

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