I will teach you a 3 best breakout trading strategy that works 90-95%.
โก๏ธ๐๐๐ ๐๐๐ง๐ ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ
โก๏ธ๐๐๐ซ๐ฏ๐๐ฌ ๐๐จ๐ฑ ๐๐ซ๐๐๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ
โก๏ธ๐๐ฎ๐ฅ๐ญ๐ข๐ฒ๐๐๐ซ ๐๐๐ง๐ ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ
A thread with examples ๐๐
โก๏ธ๐๐๐ ๐๐๐ง๐ ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ
โก๏ธ๐๐๐ซ๐ฏ๐๐ฌ ๐๐จ๐ฑ ๐๐ซ๐๐๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ
โก๏ธ๐๐ฎ๐ฅ๐ญ๐ข๐ฒ๐๐๐ซ ๐๐๐ง๐ ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ
A thread with examples ๐๐
1โฃ ๐๐๐ ๐๐๐ง๐ ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ :-
๐Create a watch list of stocks listed in the last 1-2 years.
๐Then check which stock is forming an IPO base pattern.
๐Create a watch list of stocks listed in the last 1-2 years.
๐Then check which stock is forming an IPO base pattern.
๐Determine key price levels, IPO base high (Resistance) and Low (Support) levels. These will serve as reference points for your trading decisions.
๐Wait for a breakout from the initial trading range. This breakout could be to the upside or to the downside.
๐Wait for a breakout from the initial trading range. This breakout could be to the upside or to the downside.
๐Once the breakout occurs, enter a position in the direction of the breakout (long for upside breakouts, short for downside breakouts).
๐Set a stop-loss order to near support or previous swing low (for upside breakouts) or swing high (for downside breakouts).
๐Set a stop-loss order to near support or previous swing low (for upside breakouts) or swing high (for downside breakouts).
๐Traget ๐ฏshould be minimum 2 TIMES of IPO range.
๐Continuously monitor the trade and adjust your stop-loss and take-profit orders as the price develops.
๐Continuously monitor the trade and adjust your stop-loss and take-profit orders as the price develops.
2โฃ ๐๐๐ซ๐ฏ๐๐ฌ ๐๐จ๐ฑ ๐๐ซ๐๐๐ข๐ง๐ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ :-
๐The Darvas Box Trading System is a trend-following system created by Nicolas Darvas in the late 1950s.
๐There has to be a trend for the Darvas box method to work. If the market is in an uptrend or downtrend.
๐The Darvas Box Trading System is a trend-following system created by Nicolas Darvas in the late 1950s.
๐There has to be a trend for the Darvas box method to work. If the market is in an uptrend or downtrend.
๐The heart of the Darvas strategy is the box formation. This is when a stockโs price moves within a defined range, bounded by a high and a low. When the stock price breaks out of the top of the box, itโs a buying signal. Conversely, a break below the box selling signal.
๐Buy the break of the Darvas box once it exceeds the high by a few points.
๐A close below the bottom of the Darvas box is the sell signal.
๐A close below the bottom of the Darvas box is the sell signal.
๐You can pyramid to your position as it moves into each new Darvas box or trail your profit using the bottom of the next Darvas box as a guide.
3โฃ ๐๐ฎ๐ฅ๐ญ๐ข๐ฒ๐๐๐ซ ๐๐๐ง๐ ๐ ๐๐ซ๐๐๐ค๐จ๐ฎ๐ญ :-
๐Multi-year breakout stocks are those that break out of a long-standing trading pattern after at least five years. These breakouts are significant shifts in a stock's price dynamics.
๐Multi-year breakout stocks are those that break out of a long-standing trading pattern after at least five years. These breakouts are significant shifts in a stock's price dynamics.
๐Driven by investor sentiment, fundamental factors, or market conditions and can occur due to improved company performance, new product developments, industry trends, or economic factors, enabling them to generate higher profits and deliver better returns over a period.
The multi-year technical range breakout stocks are targeting a potential return of 30- 50% for the Large caps & Mid caps and 50-100% for the Small cap.
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#trading #learning ๐
โ๏ธFollow @jitendrakirar21 for more such threads.
โ๏ธBookmark this thread for future
โ๏ธLike, Retweet & share with your friends.
#trading #learning ๐
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