#FreeTip Most of the stocks after coming out of a base moves 20%-25% after which it starts consolidating to form another base. So ideally book profits at 20%-25%.Only exception is when a stock goes up 20% within 3 wks of breakout,in which case hold for min 8 wks. O Neil Rule.
More from ScorpioManoj
#Learning Those who are interested in options... Here is an old tweet on gamma scalping ...
#Straddle #Gammascalping #Learning Success In option writing can be achieved only by adjustments based on the market developments. The same goes with straddle strategy as well. A method called gamma scalping helps to minimize potential loss in straddles. pic.twitter.com/qgSmgd8RWM
— HMK alias MANOJ (@scorpiomanojFRM) June 19, 2020
More from Screeners
So friends here is the thread on the recommended pathway for new entrants in the stock market.
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.
Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..
First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their
Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.

Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually
Dow theory is old but
Old is Gold....
— Professor (@DillikiBiili) January 23, 2020
this Bharti Airtel chart is a true copy of the Wyckoff Pattern propounded in 1931....... pic.twitter.com/tQ1PNebq7d