#FnO Stocks for Tom intraday trading 08/09/2021
Rules for Long
1) Break of Cam R4 / PDH whichever is higher.
2) Stop Cam R3.
3) If capital = 1 lac, then RA = 1% of 1lac = 1000, Posn Size = 1000 / (r4-r3)
4) Exit 50% - 75% at 1:2 Reward. Move stop to cost for remaining.
....

.....
5) Entry style finer tips - Breakout of R4; Plot a 20 period MA. If candle size is big on breakout of R4, wait for retest to either R4 or 20 period MA and enter at a bullish pa closer to any of these.
6) Exit style finer tips - Exit 50% at 1:2 (Very imp)....
....
Balance 50%, either trail at cost or trail along with 20 period MA. Keep trailing SL in system. Not in mind.
7) Maximum loss per day should not exceed 3%, which means that by chance if you have tried 3 stocks and all 3 failed, stop trading for the day. Dont try to recover..
....
8) Include your profits for next day position sizing thereby giving room for compounding gradually.
9) If broader market is in general up, it is better to enter r4 breakouts; if broader market is in general down, it is better to enter s4 breakouts....
...
10) If not sure about broader markets, enter one r4 breakout and one s4 breakout simultaneously if your account size permits.
Good Luck.
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More from HMK alias MANOJ

#Freetip
Today's move is an example of this tweet. Save this chart for future ref. https://t.co/amUhSLrET3
#Learning Those who are interested in options... Here is an old tweet on gamma scalping ...
#FREETIPS
For new followers ...
If u r a pivot based intraday trader, u should have this cheat sheet. Follow this and C. Your wrong trades will reduce considerably. Good luck.

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