Learning Byte 10 Steps before I trade a Breakout
#Learningbyte Breakout scrips method: I use the chart ink scanner to filter the long list of scrips making new highs (52W/ATH) The filters contain technical conditions (RSI, Volume, MA etc.,) as well as fundamental conditions (Market cap, book value etc.,) Let us call this the First List My posts on Breakout scrips started from 8th Dec I have maintained a master list of scrips from the scanner filter. Next step, all repeats (i.e. scrips which are already part of the breakout from 8th Dec) are excluded and only those appearing for the first time from 8th Dec are included. Let us call this the Second List. This Second List is then further filtered on Quality and Fin Trend (predominantly using Markets Mojo). Let us call this the Third List. Only those which pass the above test (2 Green dots) are then posted on my Facebook page This is the short List. I collect certain details like Rise in last 1 week, market cap, sector, shareholding, PEG Ratio etc. that prov