Posts

Avoid Random Trades & Penny Stocks

Put your money at risk only when the chances of success are high. Make your trading as boring/waiting as possible.  Don't do random trades without understanding. Don't follow anyone blindly in peak of momentum. Have an entry and exit plan. Else you will be stuck at the top of the trend. Pls don't blindly chase and buy over-extended stocks. Avoid day trading and F&O if you don't understand and don't have experience. Avoid penny stocks unless you have studied and convinced.

Strategy on How much to Buy a Momentum Stock

 Many members DM me when stock gives Bo, to buy now or wait for CLB (closing basis). How much to buy. "Will try to give how I follow in momentum calls There is no correct strategy for this. Some buy on BO some on retest. No one knows exactly which one is correct. Our aim should be to minimize loss in case if false BO. In any strategy u can miss opportunity. What we can do is fix one strategy and don't change that. 👇🏾

Mark-Minervini Quote -1

 "In the stock market, you're playing probabilities, not certainties; that means you cannot be correct all the time. If you make more on your winners than you lose on your loses over time, that's all you need to accomplish to be successful." Mark minervini