3/05/2020

Why study big moves daily

Every day I make a post about importance of studying the nature of the moves in the market.


Post I make on members site.

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Did you brush your teeth
Did you comb your hair in the morning
Did you drink your tea or coffee
Did you wear your underwear

Did you do your 20% winner study

This is the single best thing you can do to improve your trading.
If you want to catch fish , you study fish behaviour.
If you want to be leader, you study other leaders daily.
If you want to make money, study people who make money.
If you want to be happy , study happy people.
Same way if you want to capture explosive momentum bursts study momentum burst of 20% plus or 10 dollar plus in 5 days.
Study top 25 stocks up most YTD.

Why study these kind of moves daily.
As a swing trader my primary focus is on finding 3 to 5 day  moves of 8% to 20%. This kind of study focuses on understanding the nature of these kind of moves. Similarly studying longer duration Six Month Or year Move allows you to understand market structure better. 
Once you understand the market structure better, you can scan for start of these moves, you can create rules for selecting setups for these kind of moves, you can design entry and exit techniques for these moves.  
A study like this will also help you ts what many participants tell you to focus on and whether that is true.
For example many traders will tell you that the biggest moving stocks in the market have best earnings. Now you have a choice either to believe that or do your own confirmation. When you do that you might find that information is not true.
If you study these moves over months you will discover unique insights that will help you make money. 

How to scan for this studies




2 comments:

SC said...

Would a member of your site be able to learn from your insight on this and all other methods you mentioned, or still have do all the learning from scratch?

Pradeep Bonde said...

The member site will allow you to reduce your learning curve significantly and benefit from years of insight.