Entry - 20 Jun - BTST in Equity | Trade Swings | Trade Swings Academy | Live Trade

Summary

The video script is a detailed trading session from Trade Swings Academy, focusing on stock trading strategies. The speaker reviews past trades, explains the rationale behind exiting profitable positions due to market indicators, and discusses various stocks' performance. They also provide insights on new stock picks, emphasizing the importance of monitoring market trends and making informed decisions. The session concludes with a recap of the day's trades and a reminder to check and modify orders for the next trading day.

Takeaways

• 📈 The speaker discusses trading strategies in the stock market, focusing on taking profits and exiting trades when the market shows signs of downturn.
• 🔢 The script mentions specific profit figures, such as a profit of approximately 2600, indicating the success of certain trades.
• 📊 The speaker refers to 'red candles' on the market chart, which typically indicate a drop in price, and suggests that this influenced their trading decisions.
• 📝 There is an emphasis on the importance of monitoring and modifying orders in response to market movements to secure profits.
• 📌 The transcript includes a list of stocks that the speaker is considering for trading, including Chambal Fertilizers, Deepak Fertilizers, and others.
• 🚫 The speaker advises to avoid certain stocks, such as JNF, due to their performance and market conditions.
• 🔄 The concept of 'circuit' is mentioned, which seems to refer to a market condition where stocks are not being traded, possibly due to price limits.
• 💡 The speaker suggests adding new stocks to a portfolio and provides specific quantities for each stock, indicating a strategy of diversification.
• 📉 The script mentions a 'retirement' or exit strategy for stocks that have reached a certain profit level or are showing signs of potential decline.
• 🗓 The speaker talks about the timing of trades, indicating the importance of quick action in response to market conditions.
• 📝 The importance of keeping track of the stocks added to a 'basket' or portfolio is highlighted, with suggestions to take screenshots for record-keeping.

Q & A

What is the main topic of the video script?

The main topic of the video script is about trading stocks in the market, specifically discussing the trades made by the speaker and the strategies they used.

What does the speaker mention about the market's condition before their exit?

The speaker mentions that the market was showing signs of a slight downtrend, which prompted them to exit their positions for profit.

What was the approximate profit the speaker made after exiting their positions?

The speaker made an approximate profit of 2600, as indicated in the script.

Which stock did the speaker mention having a good performance with a profit of 1700?

The speaker mentioned Chambal Fertilizers as the stock that had a good performance, with a profit of 1700 for 22 quantities.

What was the speaker's strategy for adding new stocks to their portfolio?

The speaker's strategy involved adding new stocks based on their performance, volume, and candlestick patterns, with a focus on those with good volume and ascending RSI above 60.

What is the significance of the 'circuit' mentioned in the script?

The 'circuit' mentioned in the script refers to a trading halt that can occur due to a stock's price movement exceeding a certain threshold, which the speaker is trying to avoid by timely exits.

What does the speaker suggest doing with the stocks that have a 'circuit' risk?

The speaker suggests avoiding or quickly exiting stocks that have a 'circuit' risk to prevent being unable to sell them if the market moves against their positions.

What is the speaker's approach to managing their capital?

The speaker's approach to managing capital involves setting aside a certain amount, like 18,000, for investing in stocks and adjusting their positions based on market conditions.

What is the importance of the 'basket' mentioned by the speaker?

The 'basket' is a collection of stocks that the speaker suggests adding to and keeping track of. It serves as a way to manage and monitor their investments over time.

What action does the speaker take at the end of the trading day?

At the end of the trading day, the speaker executes all their orders and then modifies the orders in the 'sell' position to reset for the next trading day.

What advice does the speaker give for tracking the performance of the stocks added to the 'basket'?

The speaker advises taking a screenshot of the 'basket' to keep a record of the overall margin and to check for any increases, which would indicate profit.