EXHAUSTING SHORT SELL
PSYCHOLOGY : Every strategy should carry logical psychology to trade . If that's missing from it ,it can't survive long term . Here exhaustion is the key role of this strategy. Initial big green candle is our base to execute exhausting nature of a stock . After exhaustion ,always profit booking comes firstly & we have to go with flow by shorting that stock . Let's go to deep , how to select ,trade & management of this type of trade . TRADING NATURE : Intraday short sell . TRADING TIME : Within initial 1st hour. TRADING TOOLS : 1. Traditional pivot points indicator . 2. Vwap . 3. Candlesticks chart. 4. Volume bar. STOCK SELECTION : For selecting stock ,you should have a f&o stock watch-list which must be updated in live market . 1. It's live selection process. 2. After 1st 15 min candles formed , select 5-7 top gainer stocks from your f&o watch-list . 3. 1st 15 min candle should be BIG GREEN & MARUBOZU type ...