Thread by @dromdeshmukh77

#Thread on -
How I enter #Breakout stocks -

1/n...

1. If I spot d BREAKOUT just before it happens then I may enter at once.

2. If I find BREAKOUT candle too large then I enter in tranches.
30% on BREAKOUT
30% on retesting
30% near SL

To reduce my cost of buying.

2/n..

If I find a stock which has already moved up significantly or on UC 🚀 then I wait for entry at retesting or even if I enter, I exit quickly
Recent example
Balpharma &
20 micron exited intraday.
As I had entered at opening based on my previous day study
3/n..

If I find any momentum stock on previous day & I'm pretty much sure that it may hit UC next day then I enter at open in tranches & exit same day if it locked UC or hit SL.

4/n...

Entering a stock if it has already hit back to back UC's is never recommended, better to wait for value area to enter or move on to next stock.
No need to marry any particular stock.

5/n...

If I post or enter some stock & on very next day it shows weakness 5-7% down.
I exit it quickly & wait for better opportunity or better stock.

6/n...

High beta stocks are always
High risk high reward propositions & any accident like #idea may occur anytime so b well prepared for that.
Position sizing, money & risk management is most important rules of the game.

7/n...

Even I feel that I have only 30% accuracy when it comes to Trading but what gives me edge is I cut loosers fast & ride winners.
I atleast try n take more than 1:3 & so on.

8/n...

If u don't understand SL or technical.
Keep simple formula of percentage gain or loss.
Make a rule that if ur stock is down a particular % after entry then u will exit.
Or SL can b any moving average or indicator as per ur risk appetite.

9/n...

Don't enter without calculating ur risk & SL as per ur system.
I or any other twitter handle can't Keep posting everything about when they enter or exit.
It may not b possible everytime.

10/n..

Enter only if ur own analysis says it's a good stock at good price rather than asking or regretting later.

11/n..

Whole purpose of this post or any other post on my handle is just learning & nothing else.
No recommendations.
I want u all to learn & I'm still learning from Mr. Market.

I'm no expert than you frnds.
Just I may have some more experience that's it.

12/n..

Even if I tell u that a particular stock is going to be 10X, can u hold it till d end?
Answer is no.!
Ride d winners is easier said than done ✅.

Posting few charts explaining the breakout & entry concept below..
Please go through it..-

Love you all😊

tradingview.com/x/bKhmPFwn/

tradingview.com/x/bmzkKiKQ/

tradingview.com/x/fUDJA5Ug/

tradingview.com/x/YO6c2DUI/

tradingview.com/x/T1Ddadr8/ #idea

That's all 😊