RITES LTD
Panjang

12% Rites breakout - Backtesting my swing

499
๐Ÿ‘‘ Drop a follow here: Averoy_Apoorv_Analysis ๐Ÿ‘‘ ----------------------- ๐Ÿ”ฅ๐Ÿ”ฅ Target: 2000 Followers ๐Ÿ”ฅ๐Ÿ”ฅ

๐Ÿ‘‘ Strategy :
- Parallel channel
- Higher lows inside the channel
- respecting a good trendline supportive one inside the parallel channel
- good breakout with good candle and volume too
- gap not sustained and then accumulated there and now a breakout = good sign of breakout creation
- let's see if the market supports it or not !!
- Backtesting with small qty
- Make your setup on it use extremely less capital and lets hammer it out with good profits :)

โŒ› Motivational and psychological area โŒ›

โœฃTrade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade, trade with a happy and + mindset only.
โœฃIf you want to make money, firstly be prepared to lose it, only that much which you can afford and that much by which you can make a mistake again, learn from them and grow
โœฃDon't lose hope and keep grinding
โœฃI have seen my friends on youtube streaming games with watching 10, constantly they streamed for a year or two and now they are buzzing with 1k to 2k watching daily.
โœฃFocus on the process, you are here to make money not stupid decisions and lose it all
โœฃNo one will help you climb the mountain, few will tell the path, so follow good people, make good mentors and make good decisions and choices in the stock market.
โœฃBelieve in yourself :)


๐ŸŽ“๐ŸŽ“ Some info about me :)

โžผMy name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all.
โžผI hope you will love my simple analysis style.
โžผFeel free to suggest your view on this as learning is earning here :)
โžผI take my trades on my Zerodha account :)
โžผI don't take all the trades I post
โžผThese charts are my and only my work, my thought process, just from an educational point of view and no calls.

โ˜ƒโ˜ƒโ˜ƒโ˜ƒ Thank You Have a Nice Trading Day โ˜ƒโ˜ƒโ˜ƒโ˜ƒ

Penafian

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