As I said, in bull market, more than 200-300 stocks will be in stage 2…To reduce this number , many other criteria can be applied. Like you can include stocks only from growing sectors. There might be some stocks from down sectors which have come on your radar, you can ignore them. Then you can apply some fundamnetal filters also…like earnings growth, sales growth, debt, Promoter holding etc…But all this after you are sure of Stage 2 and chart is good.
See, in this strategy , you are supposed to be nimble…so even if you enter in high valuations stocks, still this is not buy and forget strategy…so.if that stock start going down your 30 week EMA, you will promptly sell it, so major losses will never be there even if you enter into high valuation stocks. And our quantity is low, so no problem of selling such low quantity, even if selling pressure is there.
| Subscribe To Our Free Newsletter |
