Saumil Sanghavi Profile picture
Runner 🏃¦ Momentum Trader 💵 #PriceAction ¦ Mindfulness 🧘‍♂️
Aug 7, 2020 14 tweets 3 min read
1/n
Momentum Trading Experience:
Last 8 months have been phenomenal if you're a positional momentum trader. The entire system got tested, right from extreme pessimism in March where all the trailing SL got hit to the current frenzy! 2/n
Portfolio is up ~40% [End of April 2020 to today]
Stats:
# of trades: 44 [7 open]
Breakeven: 14 [2 open]
Wins: 19 [4 open]
Avg Win %: 18.9%
Loss: 11 [1 open]
Avg Loss %: -5.8%
Win %: ~58%
Jan 29, 2020 10 tweets 5 min read
Here's an easy way to screen stocks that are ideal for momentum trading via @screener_in.
Criteria:
Stocks near or making 52 week highs,
At least 50% > 52 week low,
Free Float Market Cap < 7500 crores
(1/n) Image Since I'm using custom formulas for Free Float, Free Float/Market Cap %, and custom columns along with them, the only option is to re-create manually on screener.in . Steps below:
(2/n)