Nicolas Darvas was a professional dancer with having a keen interest in traveling. Once he got some stocks as a gift, and this made him become obsessed with the markets, he put countless hours into the study of market movements and internal mechanics.
He himself learned to trade the markets just by reading books and newspapers.
His favorite books were 'The Battle for Investment Survival' and 'Tape Reading and Market Tactics'.
He also wrote the book “How I made $2000000 in Stock Market”
I am planning to put a thread on everything I do to make money by doing swing trading through Price Action.
From Finding Stocks,Filtering them,PA analysis, volume analysis,my psychology, where I book loss, When I book profit, position sizing and almost everything i do.
Follow this tweet, I will write below this tweet for few days slowly.
More topics you want to add?
Finding stocks -
For swing trading, we need stocks which are in momentum, as we have limited capital, and we don't want to put it in a stock which is in consolidation.
Generally when a stock breaks 52 weeks high, Range high, Multiyear high's. They move fast.
I use Screener for that, Screener is good website for finding good stocks, It is a little time consuming but okay.
Go to ,choose and screen and replace the query with Current price > High price * .90 AND Market Capitalization > 500 AND Promoter holding > 55 This will fetch you good stocks.screener.in