I want to know how to choose stocks for trading, because we don’t have a lot of time to assess every stock. Should we pick up one from top 10 gainers or losers or should we use any screeners? I want to submit my analysis here for atleast a month on every trading day. But I have difficulty in choosing stocks. What is your advice? Thank You.
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Hi,
What do you know about intraday or positional stock?
thank you for the response. I want to know about positional trade stocks.
after a long time, I am back. I want to submit my analysis here for at least a month on every trading day and I want to use it for real trade.
Hi,
Chart patterns are one of the most effective way that you can find the stocks for short term trading, It’s are pure price-action, and form on the basis of underlying buying and selling pressure.Find the price patttern and candelstick pattern on the chart to identify continuation or reversal signals then post your analysis along with your trade plan.
Hi,
Your question is about intraday or positional?
Thank You, Naresh, for your response.
But still, my doubt is not cleared. What do you mean by chart patterns? Is it a pattern of a particular index?
As far as I remember, we see charts of a specific stock and identify the patterns in it. That’s why I find it difficult to analyze more than four random charts a day, as it is time-consuming. I don’t know how to pick a stock chart for analysis that day. I do it at random. I know it is not the way, but I don’t know how to do it right.
Can you please guide me? Thank you.