About this image :-
This is a image of a stock in candle sticks form as you know that and in this image you can see in now a day a breakout is form and than in this breakout what happen that means what we have to do after this breakout today we learn in this post. Welcome to this post now learn carefully.
How to select any stock for tomorrow trading?
The answer is that if you want to select any stock for any day trading than you must follow some rule we in this topic and also in this post we learn one by one that is the rule and also what is the process so friend now learn carefully the first rule is that don’t select or trade without any pattern you learn this line and follow this line because if you follow only this line than may be your losses are skip so in this image you can see this image first to first we draw line and with the help of price and than now breakout is form and our first rule is that don’t trade on first breakout so you can focus this stock and in this stock our first rule is obey not we have to wait for second rule the rule is retest. This way you can select any stock for tomorrow trading.
When we can buy or sell any stock :-
If you want to buy and sell any stock than you must need to find any pattern like that in this image you can see that a breakout is form and than our main rule and also you can say that golden rule is don’t trade without any pattern and also don’t trade in first breakout so follow this rule than you can identify when we can buy or sell any stocks and now in one word answer is when your pattern is form than we can buy or sell any stock otherwise don’t trade and don’t buy or sell any stock. This way we can buy or sell any stock.
How to manage our stop loss :-
If you want to manage your stop loss than you must need a pattern for manage your stop loss like that I take a example and this is fully depend upon me my investment rule is when our pattern is form than I take trade and wait for 20 % profit you can say that movement when reached 20 % profit than we sell this stock but here a big mistake and the big mistake is that when our stock not reached 20% in short it moving in opposite side than I hold this stock here this is my big mistake I need to follow stop loss when 10 % loss than we need to sell some stocks otherwise 50 % stock sell this is a good rule for manage our stop loss and in this time we follow this rule when our stock is in down trend or loss than we sell some stocks. This is a rule for manage our stop loss.
Learning of this post :-
In this post most learning is our stop loss and when we can buy because in maximum conditions if your are a trader than you must face this problem and the problem is when you buy any stock than and also that time falling start and check your waiting power and when you sell this stock than this stock going in up side so if we are a trader than must focus on when we can buy so in one word answer is that if you want to buy any stock than wait for a big movement when any big movement is form than add to you stock list and see daily when form a box pattern and breakout this box pattern than you can buy and follow this rule always. This is the learning of this post.
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