Top 10 innovations by @mystockedge that give an Edge to any Swing Trader or Momentum Investor.

All outputs are from my 18+ years of market experience and using multiple tools like Bloomberg, Reuters, etc.

🧵 Thread for the benefit of everyone. Do share if you feel right. 1. Trending stocks that gives a first-hand list of stocks where something is happening that day and could potentially move follow on.

a. Price movers beyond a price action
b. Volume shockers with higher vol
c. 52 week H/L
d. All time H/L
e. Most Visited inside StockEdge

Made this amazing #Comboscan using @mystockedge
The simplest scan engine for Indian markets.

Value-Price Stocks

Logic: Stocks with strong price action and low PEG ratio.

🧵 has the list

Retweet if you find it relevant. 1.

2 days in Mumbai and I met many professional traders : Algo and Non Algo as well as few software guys.

My key Learnings 🧵 The kind of money people have made in the last 3 years is insane.However most of them are in the market for a long time and waited for this opportunity to go all-in.

If you survive through tough times, you make big eventually.The market will always give you an opportunity.

2/n

I keep getting feedback from my team and other club members to open up StockEdge Club for an influx of users on our platform and to show the world the good work that we're doing.

However, I don't think I can ever open up the Club completely. Here's why🧵-

1/n In an era where free stock recommendations are as readily available as fresh air, it is extremely easy for retail investors to fall in the trap of fraudsters and lose out on all their hard earned money.

2/n

Eagle Stocks are the ones with extremely high levels of momentum. They are strong stocks with decent fundamentals and solid uptrends.

Typically high risk high return stocks.

🧵 1/n Full formula !!!

How to identify potential strong swing stock from sector rotation ?

1. Check Sector Rotation section of @mystockedge

Use SR100 for weekly trial stockedge.com/Plans/stockedg…

Go to the delivery tab and check the sector with high delivery !!!!

1/n 2. Once you have identified the sector. E.g. IT sector on Friday.

Go to mycombo section of @mystockedge and check the stocks with following characteristics.

2/n

Introducing Nifty Next 50, a new investment strategy that outperforms the Nifty 50 index and large cap funds over the long term by 3-4%.

Know-it-all thread on Nifty Next 50 and how to invest in it

1/n What is the Nifty Next 50 Index?

Like in cricket, we had icons like Sachin Tendulkar, Sunil Gavaskar & Don Bradman. Today we have players like Joe Root and Virat Kohli who set new standards.

2/n

What is momentum? A thread

A football player running on the football ground has momentum as he is in motion. And the faster a football player runs, the more difficult it is for him to stop. Because as the velocity of an object increases, its momentum also increases.

1/n Now let's define this in stock market parlance. Any stock showing strong motion due to agressive position building on either side. Typically bullish momentum is more accurately predicted due to availability of cash for buying.

How to measure it ?

2/n

A thread on evolution of my Relative Strength theory.

I was an active trader till 2013 before I decided to become a passive trader. I found swing trading (apart from investing) to be the best strategy for me since I was also involved in other business initiatives.

1/n I read many market books in 2013-14 and attended many paid training sessions.

And finally adapted Relative Strength model for my journey.

The starting point of RS was simple graph of Price of Nifty by Price of Stock. Objective was to identify strong stock visavis market.

2/n

A thread on Price action and how to identify stocks showing strong price action.

For me price action is when you answer the What,When,Why,How and Where of price movement of any underlying.

Its a language you use to communicate with the underlying.

Key Parameters thread

1/n Short term price action is judged when the underlying is crossing precious day high or low. Why last day action is important?Because there are enough short term traders who act at these levels,especially if that day had lots of activities showcased by volume and delivery.

2/n

IIFL Finance - a thread from @mystockedge outputs

1. Strong price action:

Price is trading above all mid to long term moving averages
Supertrend positive
Daily RS above Zero
RSI around 50

1/n 2. Delivery based activities at lower levels. Especially around 280 to 310

As a prop trader since 2006 with 150 inhouse full time traders our Edge always was transaction cost, technology and access to information using Bloomberg and other terminals. That is now available to everyone.

Still 99 percent people loosing money. Why ?

Thread 1/n 1. Most of them have no idea why they are partcipating in the market? They start with trading and if loss in position, become investor or they start with investing and seeing the small profit they become trader.

First thing First Know yourself. Use this:

Super excited to see many participants for my #Learn2Trade quiz. Earlier I wanted to give top 25 special reward. Because of large number of participants, the winners of reward is now 50.

Here is the thread with names of the winners. 2

Why @mystockedge premium is a must have for all swing traders and retail investors ? I call it an ATM machine. But one should know how to get money out of it.

See this powerful thread for key features. If you find them useful don't forget to support us by subscribing. Simple and effective scans for stock identifications. No fancy engine to keep you confused. I strongly believe simple things work the best in market.

Also combo scans with multiple scan combos can identify stocks like butter.

Some people have asked me how many things you are into and how do you manage? 🧵 for my friends here.

1. Entrepreneur

a. Co-owner of Kredent Trading, one of the largest prop trading firms in Kolkata with over 150 full-time traders. Other co-owners are my amazing brothers.

1/n b. Co-owner of Irage, one of the largest algo trading firms in India with over 50 technocrats trading using technology. Other co-owners are my amazing partners like @graizada @niteshkh and other three low profile gentlemen Rajib, Sameer, Anil.

2/n

In my 15 years plus career in markets, I have witnessed multiple regulatory changes. Some good, some bad. Stock market is one of the most regulated businesses. Reason ? It's about money, honey. If not done the right way, the entire structure could collapse as house of cards.

1/n Every 4 to 5 years we have seen some major changes in market microstructure in India. Be it STT then removal of income tax rebate on STT,then algo trading,then additional margins on stock futures, then CTT,then introduction of currency cost, then uniform stamp duty etc.

2/n

The biggest problem for a modern day entreprenuer is that the business is monthly cash flow positive and you don't feel the need of raising external capital.

Not raising external capital at early stage will delay the potential of becoming investment ready.

1/n Obviously there are exceptions who create money making machines and don't need external capital forever. But those are strictly exceptions.

I have learned this hard way in last 3 years. Spending too much time on product, revenue and profit can be counter productive.

2/n

This circular from NSE has potential to massively reduce liquidity in market as market makers who are actively giving bid and ask may find it difficult to maintain the optimal order to trade ratio.

Thread on this. Who are Market Makers ?

These are high frequency traders (algorithms now) which are always there in the market depth to provide entry and exit to various market participants.

They are typically providing bid and ask at every depth of the market. Hence lots of orders.

The most simplest way of identifying stocks for your momentum swing trading. Something which has worked for me for years now and hence we have added the model in @mystockedge for individual investors.

This is also part of my Golden Strategy.

Thread (1/5) First

Go to Scan section of @mystockedge

You will get list of relevant curated scans.

After analyzing the financial statement (FY20) of 10 fintech companies, including mine I have come to the following conclusion about Indian fintech customers in this thread:

1. Retail Subscriptions based services has not picked up in India for serious domains like financials 2. Indian consumers love free service and won't mind if you make indirect earnings from them by pushing advertisements and third party products.
3. Difficult to charge customer for advisory as very few people would value the same, especially online

Money Money Everywhere.

Liquidity driving the show.

Don't make a mistake that the rohinhood gang is driving the market.They can only make noise i.e intraday volume/movements.

Real driver is the Central Bank Gang.

See this thread why history is getting repeated. An ideal economy works with a perfect sync among these parties.

That's राम राज्य।