I trade with a day job. I can't watch charts all day, it's really stressful. So, I replaced my feed with live trading setups. Each with its backtest results. I swipe, I take the final call, I close the app. Now live in India, it's FREE.
Day 8 of trading around a day job, in 10 minutes.
Passed two because they were above my risk appetite, even though they looked good.
Skipped a third 100% win rate this week - low sample size and not a great R:R.
Took a 63% at half size instead, because the risk-reward was 5R and eight trades is thin.
Full session below, sped up.
$WFC $TSLA $SW
Day 7 of trading around a day job, in less than 10 minutes.
Red day. Booked a $31 loss and I'm posting it anyway.
The app refused one trade for me - a $554 stock doesn't fit my $5K account's risk slot, so it wouldn't place a single share. Skipped another 100% win rate: five trades proves nothing.
Took two trades. $IBM, target tucked under the 200-day, filled at $232. $MS at 70.6% over 17 trades - raised the stop first, risking $3.51 to make $13.77.
Placed two trades. Then coffee. That was my session. I think it took 5 minutes max.
Full session below. This session is from August 6th.
Nadal on clay: 90.5%. Nadal on hard court: 77.8%.
Same player, same training, same racket. Different surface.
Your strategy has this problem too, and a blended backtest average hides it.
Chapter 8 is on market regime and why one average can lie to you. https://t.co/fQNThc3xjz
Fair point. 200+ is too many to browse, so don't browse by screen.
Start from the DISCOVER feed. This is a compilation of stocks coming from various screens.
Every card shows that screen's own win rate and average return, so you can judge whether it suits you before you risk anything.
I trade with a day job. I can't watch charts all day, it's really stressful. So, I replaced my feed with live trading setups. Each with its backtest results. I swipe, I take the final call, I close the app. Now live in India, it's FREE.
@AyushGovil4 It is not all stocks but covering around top 400 stocks from NSE. Will keep expanding soon.
We priortise the ones the liquid ones.
And yes, the app is free to use.
Day 6 of trading around a day job, in 10 minutes.
The app showed me a 100% win rate. Twice. I skipped both. Small samples lie.
I bought the 66% win rate instead: 26 trades, profit factor 2.58. Then I moved the entry to my support and cut the target to one I believe.
$66 booked automatically before I sat down. Three orders working, about $18 of total risk on a $5K account.
Took $CMS, $BX and $ORCL
Full session below, sped up a bit.
@vsmeena16 Video is week aa raha hai, promise.
Short answer: Discover ke stocks aaj ke setups hain, next day ke liye. Har card pe uska historical win rate aur avg return dikhta hai.
Jo setup samajh aaye wahi lo, entry stop target card pe milta hai.
Aur confusion hai toh batana.
I Scanned 999 Stocks Today π―
These are the top 9 stocks to keep in my radar πͺπ»
The last one is my favorite π
But this time it took me a few minutes to scan π
More Details Below ππ»
1] #BELRISE
@Lohith8xf Win rate comes from backtesting.
We test depending on the timeframe of the screen.
For a screen of weekly or monthly timeframe, we test 50 years of data.
For daily timeframe or less, we test for last 6 years.
Good question. I don't pick on gut, I let the record pick.
Also, I don't use a single screener. I use all the screens together.
All the live stocks from the screeners are compiled in my Discover tab.
I take the strongest 1-2, depending on where I like the Chart's Price Action and depending on my market bias.
Learn a bit about "Max drawdown" and "longest losing streak" in the Chapter 07 of Systematic Trading
On how they are not the same number.
The streak is counted in trades and tests your patience. The drawdown is counted in money and tests your capital. https://t.co/PVcNEONIMr
Hey Sourabh,
The app does not require prior experience as we show a filtered list of live suggestions. But it is very important to learn when NOT to trade.
You should learn how to read a chart and market bias (whether the overall market is bullish or bearish). I am posting videos of me using the app everyday and you can learn with me.
And no, you donβt need credit card for accessing the app.
@aanubhv We are working on launching broker integration publicly very soon.
And yes, you will be able to connect your brokers from both the apps and place orders from ours.