
Momentum Swing Trader
3.3K posts

Momentum Swing Trader
@subu_thetrader
Swing Trader | Tracking institutional footprints 👣 | Momentum play📈 | Journaling trades| Not SEBI Registered







#OPEN Positions: April 16th 1. #KIRLOSENG – Risk free 2. #GLENMARK – Risk free 3. #DATAPATTNS – Holding with SL 4. #AVALON – New position today We are almost up by a good move overall in the last few days, and the feedback from stocks has been quick. A few traders got in early on the leaders, and a few played follow-up breakout names in leaders (I played in this space this time in strong sector). When you enter in the right area within the right sector, this market provided clean feedback. But are we extended a lot? I think there is no clear answer to this, as we can’t predict how much the index can keep moving up. A small example - I got a question in my weekend session on April 12th: whether we are already extended from the bottom by almost 10% in the small-cap indices. I said yes, the index moved 10%, but if you train your mind to just look at the index move and conclude that the market is extended, then you are missing out on a lot of factors. What I usually do when I feel things are extended: --> Track my priority watchlist and check the feedback there --> Review my open positions and their feedback --> Look at sectoral clues --> Track how many names are currently very extended in the sector I am trading/tracking --> Observe how base formations are developing With this, you get a lot of clues to understand whether a new entry can be taken at this stage or if it’s better to focus on managing existing positions well. After your analysis the questions you ask to yourself open many doors to take the clear decision without any noise. So I always suggest tracking all key parameters rather than just saying the index is extended and concluding that the overall market is extended. I am currently positioned mostly in #ElectronicTech names because that is the strongest sector on my priority list, and I planned my trades accordingly over the last week. I am aware of and tracking names in this space, focusing on strong names and their feedback. I’m planning to hold existing positions and wait for small base formations in names that are already up by 20 -40% in my tracking list. Don’t be fearful. Always do your study. Connect the dots and take action. A wonderful weekend session is coming up in the community to have a raw discussion on trades and market awareness. If you’re willing to join, please check here: cosmofeed.com/vig/68bfefe099… Check the individual trade execution tweets on my profile #msttrade #TradingView #journal #Mindset

#OPEN Positions: April 15th 1. #KIRLOSENG - Up 8% today 2. #GLENMARK - Up 3% today 3. #DATAPATTNS - New entry Great start. Good follow-through in the strong names with a sectoral push. Observing the clues and planning well, even if you’re a little late to the party, and then scaling into positions based on feedback also works. If I keep thinking that I’ve missed trades like #MTAR #POWERINDIA #ATHERENERG, I’ll end up missing even more opportunities that are still present in the market. The trades you miss, whether due to market conditions or any other reason, are not losses. If you keep observing the feedback in those stocks, they give you a lot of clues. Those clues are valuable and connect the dots further. Nothing to regret. No FOMO. Just follow the clues and track the strong names from strong sectors. This is exactly what I was discussing with the members during the weekend scanning session. Be calm and observe. Clarity! Check the individual trade execution tweets on my profile #msttrade #TradingView #journal #Mindset


#Producermanufacturing – #Electronictech space looks strong. Tracking this sector for some time and getting the feedback. Seeing multiple big base breakouts and overall feedback is positive. Track the strongest names and position the strong names in the right area. Shift your mindset from running behind multiple trades to focusing on strong names to ride. This will help immensely in the bull markets when you learn the art of position sizing and riding the strong names. #trading #prioritize












#Producermanufacturing – #Electronictech space looks strong. Tracking this sector for some time and getting the feedback. Seeing multiple big base breakouts and overall feedback is positive. Track the strongest names and position the strong names in the right area. Shift your mindset from running behind multiple trades to focusing on strong names to ride. This will help immensely in the bull markets when you learn the art of position sizing and riding the strong names. #trading #prioritize




#OPEN Positions: April 13th 1. #KIRLOSENG - New entry 2. #GLENMARK - New entry Check the individual trade execution tweets on my profile #msttrade #TradingView #journal #Mindset



