Congratulations sir on your break even & wish u further success. If time permits pls share methods to filter stock (equity/futures) for intraday.
Many times i focus on one set of list which moves sideways but other set of stocks moving in trend and by the time identify them the trend almost is over.
thanks
Thanks.
Your problem is common to everybody.
I am still not that proficient in intraday trading, but I can tell you what I am trying.
If you are following TDSTs, sequential etc. Then have a list of 30-35 stocks on amibroker where you also have TDST afl loaded.
Now avoid scripts that are within red and blue TDST lines or previous day range. Look for forceful break of TDSTs can enter on retracement.
Once you find a suitable one, jump over to its daily chart to see where it lies in its market cycle.
By following this one method you can scan the entire list in seconds and can repeat after another 10-15 minutes.
Try out these things, may be improvise also.
Its always better to take trades in sync with direction of Nifty, think on those lines also. Most important is if you are right in a trade make it count, if wrong make it discount.
Good luck.
Vivek