How to learn on weekend:
At weekend you will find at least 50-70 stock chart by technical handles(50% work done)
Make a watch list them
short list stock from F&O,Index and Others
looks charts and basic fundamental data like PE-Dividend-Last 4 Quarter result of selected counter.
Check Stock in any news/positive development recently or sector specific news in same.
if stocks part of index than compare chart with Nifty to find correlation and strength with index
Now after doing this make a new watch list now ur watch list limited upto 20 counter.(75% done)
Next day Monday not take any trade and just observe your final watch list counter n index performance.
Now you practically observe stock move with market.
Now time to pick 6-8 counter for next 4 days.
select 3 from breakout, 3 from pullback (85% work)
Now SL Important task.
Dont Take exact SL as rocket science,always being flexible with 1-2% below the exact supply or demand area,so hit & miss like event can be ignored.
If stock from F&O counter & just start of expiry giving strength u can take option trade risk also.
Now define overall risk in 6
Now for next 4 day 6 counter in hand
Individual SL as well combined Risk in all both calculated,enter the trade with conviction as you did your homework and confidence also in you (90% work done).
Now 10% part is tough to wait with patience & give time stock to perform in 4 days
by this process,u have proper stock,proper risk,u have conviction,Target also, mix of breakout n pullback also n more importantly u can get patience also.
Now follow 30-30-40 (part trade)for entry n exit both side
its just proportion trade so neither opportunity miss nor target
exit all trade either target or SL or at the Friday end
on weekend full Saturday analyse your trade n skill
again till Sunday you will get ready 70-80 stock.
repeat the whole process.
This is how use social media effective way rather waste weekend on pull leg,trolls,promotion.
I have not any back-test of same given thread but without any back test i am very confident that after following this process you have nothing to loose and slowly n gradually profit n process both in hand.
learning is everywhere but proper learning is still missing.
practice it
Day by Day you will see significance improvement in your skills, patience, FOMO, all will be thrown out by yourself from your mind.
Follow same for 3 month and really benefited thanks me later as i am also a small trader like all of you and the whole process is free of cost.
We spend lot of money to learn lot of set up,skills,webinar,classes all are good no doubt as everything gives some edge to improve,but for all those who are new and have no process,can follow this process,share with all,so purpose of tweet to reach the one who are new n searching
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