15 min. Breakout - tradingisfishing

[MSN1979]

1st thing ..selection of stocks

Its all F&O stocks.

Stocks selected based % change during pre market close from previous day ..condition here is minimum change should be 2%..

Where i differ from TIF is i select top 5 , which are 2% change stocks.. Though mostly we get 2-3 stocks only as an avarage

Yesterday selection was jetairways, wipro and icicipruli.

What if the scrip has crossed 8%, do you still take trade in it? Any upper limit?

 

[marimuthu13]

What if the scrip has crossed 8%, do you still take trade in it? Any upper limit?

No upper limits..no if and so etc etc..

Blindly select stocks based on top % change..

 

[marimuthu13]

Other things in stock selection is i already removed all reliance group shares, suzlon, JP associate..

 

[marimuthu13]

As far as stock selection is considered, i was keen to ensure that selection criteria should be readliy available for back testing for any time period.. So kept as simple as that..

 

[Probability]

How is the result? Capital deployed and % return

 

[Probability]

How is the result? Capital deployed and % return

Sorry, you posted it, did not realise

 

[Probability]

Avoid stocks that may fail??

How long u have been to trading??

Hit rate is less than 50% , means for every alternate stocks will fail

I think you misunderstood what i said, what I meant is what ever is your stock selection criteria, from that identify the reason for failed trades and then use it as exclusion criteria

 

[MSN1979]

hope you post your scrips @ marimuthu13 before 9:30 everyday

 

[marimuthu13]

NSEINDIA.com not updating data?

all data showing as on 8th Mar'19..

 

[MSN1979]

WOW I TRADED WITHOUT CHECK NSE WEBSITE DATA